Celebrity Net Worth notes that Holyfield earned a whopping $230 million from fight purses alone. His biggest fight, the infamous Holyfield vs. Tyson II, that spun out of control in a bizarre ear-biting finish by Mike Tyson, brought in just over $100 million by itself. A dedicated pro wrestling follower for more than a decade who feels fortunate to express the love for the art through writing. The mansion has been among the sources of the boxer's. Regardless, the Commission will be supervising the fight.". https://t.co/6f7eB955Xr, Mark Ortega (@MarkEOrtega) September 12, 2021, Brobible sports editor. Other financial losses came from Evander Holyfield's home life. But why fight at all if you're Holyfield? As his net worth fell through the floor over just a couple years, the bills of a much wealthier person kept rolling in. The Reason Evander Holyfield Lost His Money. The whole thing's about protection. ", "It's kind of hard to turn down a big sum of something when you know you can do it. "If Triller and the fighters elect to not have this go on BoxRec, we will honor that request, but pro boxing rules will still apply with judges, scoring and a clear winner just as if it were a pro bout.". Given the FAC's decision, Holyfield has completed this evaluation. How Much Did Evander Holyfield Pay For His House. When they were set to fight in Los Angeles on the same date, the fight was an exhibition. Three divorce settlements quickly slashed his net worth in half, along with child support payments to eleven children by six different women. At Evander Holyfield's absolute peak and accounting for spending, he was likely worth just over $200 million total at his peak according to Networth Buzz. After claiming his first world title in 1986, the boxing legend won 44 bouts in a stellar career, including two victories over Mike Tyson and other famous wins against George Foreman, Larry Holmes and Buster Douglas. "When you don't have others looking out for you, everybody's taking something for themself. TMZ.com. Evander Holyfield Apparently Made $5-6 Million For Getting - BroBible Boxing pound-for-pound rankings: Bivol keeps winning and moving up; Haney earns top 10 spot, A megafight is set: Here's what's at stake when Gervonta Davis faces Ryan Garcia in April, Gervonta Davis' arrest history: Timeline of abuse and hit-and-run charges and denials, Oscar De La Hoya tested positive for COVID, Real or Not: Evander Holyfield shouldn't be in a ring; Jake Paul should face a real boxer next, De La Hoya tests positive; Belfort-Holyfield on tap, When Floyd Mayweather-Logan Paul met in an exhibition match in June. foot guest house, a 12-stall barn, and a five-acre lake. After the former heavyweight champion had to sell his 45,000-square-foot mansion to a bank for $7.5 million, it went back on the market for $8. The property includes a 16,000-square-foot main house, a 12,000-square-foot guest house, a 12-stall barn, and a five-acre lake. The Five Biggest Boxing Pay Days In History - Money Inc Evander Holyfield: Boxing great who 'lost everything' smiling again I do what I have to do.". He enjoyed a 27-year run of glory that ended with a final record of 44-10-2, according to BoxRec. Holyfield vs. Belfort fight results: Ex-MMA star knocks out Evander Here's how, You sense the market is desperately hoping the Fed is done hiking interest rates, says Peter Boockvar. The Boxing Tribunesays he dropped most of his cash betting on a variety of different sports. The monthly electricity bill for the mansion is estimated at $17,000, while the cost of year-round upkeep is said to be in the neighborhood of $1 million. It was the only fight in his career that brought in over $100 million on its own, the infamous Holyfield vs. Tyson II fight. As you can probably guess, Evanders mega-manse failed to sell at auction and made its way back onto the market in December for $6.875 million. pursuing a bachelor's degree in English Literature. The House That Evander Holyfield Built - Cotswold-Homes Ross Rolls Royce Phantom Drophead Coupe, which is housed in the massive garage, is the ideal vehicle for the massive garage. Full Spectrum Services LLP 2022 | All Rights Reserved. Holyfield has 11 children from five different mothers, according to the Independent. And that was in 2006, a first-round KO victory in his native Brazil. To demonstrate its commitment to investing in distressed assets, the bank purchased this property. His total earnings were around half a million dollars, including brand deals. However, after their famous second fight, Evander Holyfield earned more than $30 million in compensation. Was it worth his pride? If you or someone you know has a gambling problem and wants help, call 1-800-GAMBLER. Alejandro Avila Smith received cash and property from the 2012 divorce, including child and spousal support. Videos by OutKick. His wealth was quickly slashed in two, and he agreed to $36,000 in yearly payments for child support. The Reason Evander Holyfield Lost His Money - Grunge.com he's bragging about making an outrageous amount of cash for the gig, and his deal has a . If the commission does not sanction the match, it is being reported that the event will still be held but itll be moved to Florida. Women's boxing pound-for-pound rankings: Did Baumgardner do enough to overtake Serrano? Already a heavy hitter in the rap game, the hip-hop artist known as Rick Ross has apparently moved on up to the heavyweight class when it comes to mansions. Stop the dumbass TMZ headlines please! Many rooms were transformed for the latter films sequel, which was created in a suitable setting. Today that would be about $52,400,000. The divorces were certainly costly, but not nearly as expensive as his obligations to his children. His third wife, Candi Calvana Smith, filed a restraining order against Holyfield in 2010 after he allegedly assaulted her in front of the children during a heated argument. "Man, they were stealing, just stealing, stealing.". In a career spanning around 26 years, the former Cruiserweight and three-time heavyweight champion of the world amassed a lot of wealth through fight purses alone. But blind opulence such as this does come at a cost, and Ross better come prepared to cut sizable monthly checks. If Triller, along with the fighters, decide the event won't be registered as an official bout that is listed on BoxRec (boxing's official record keeper), the promoter has until right before the bell rings to notify the commission, per the FAC. California, which has more stringent regulations, declined to license Holyfield to fight, whether it was in an exhibition or an official fight. The home had 109 rooms, a gigantic 135 seat theater, a 100 seat dining room, and a bowling alley. What happened? . Fournier, a part-time boxer, scored a knockout of musical artist Reykon in April on the Jake Paul-Ben Askren undercard. The estate is located on 235 acres of land and has 109 rooms, 12 of which are bedrooms and 21 of which are bathrooms, making it the largest single-family home in Georgia. A landscaping company sued him for $550,000 for unpaid services. Only he knows. The home, which Holyfield lost due to foreclosure a year prior, has a. Evander Holyfield, a world boxing champion and the greatest boxer of all time, has sold a 109-room mansion to Dade Countys most famous rapper, Rick Ross. First, an ongoing divorce settlement wrapped up after he bought his home. Surely it wasn't, but it may have been a bit easier had the former champion not blown all his cash on mansions, cars, and gambling. Holyfield's Heavyweight Manse Sells For Measly $5.8M His fight against Vitor Belfort and the brand deals he will secure from it will help boost his net worth. However, he lost all his money almost as quickly as he earned it. And he remained on the hook for that massive mortgage. DISCLAIMER: This site is 100% for entertainment purposes only and does not involve real money betting. He was 13-0 when he lost to WBC World Light champ Jim Watt, 36-7, in Glasgow, Scotland, in June of 1980. The mansion has become a significant example of Georgian real estate due to its unparalleled features and recreational facilities. Evander Holyfields home in Fayetteville, Georgia has been sold for $5.879 million to rapper Rick Ross. Holyfield vs. Belfort PPV Price: How Much Does The Fight Cost? Get this delivered to your inbox, and more info about our products and services. Holyfield, boxing's only four-time world heavyweight champion, formally announced his retirement from the ring last year, at the age of 51. 2023 CNBC LLC. The Biltmore House Americas Largest Private Home, Making The Most Informed Home Purchase: Understanding The Benefits Of Cash Sales And Home Appraisals, A Guide To Accurately Appraising A Home: Tips For Buyers And Sellers, Maximizing Profit When Flipping A House: How Appraisal Value Can Make Or Break A Flip. Round-by-Round coverage: How Tommy Fury vs. Jake Paul played out, Inside the creation of Jake Paul's 'Stardust Warriors' trunks, Women's boxing divisional rankings: Thorslund, Fundora solidify spots after dominant performances, Divisional rankings: Matias, Jack make big moves after impressive wins. Evander Holyfield was forced to sell his 109-room mansion to rapper Rick Ross (Image: Getty Images) The 109-room mansion in his hometown of Atlanta was labelled as a monument to his success, but was auctioned in 2008 with Ross acquiring it for 4.2million. According to BoxRec, he earned that with 44 wins across 57 fights, including 29 brutal K.O.s that helped made him a household name. Owing nearly $15 million on the property with no end to his debt in site, Holyfield sold the absolutely massive Fayetteville mansionconsidered the largest single-family home in the state of Georgiato a bank in 2012 for $7.5 million. Roman Reigns & Usos Removed From Smackdown? The folks at Redfin have confirmed that rapper Rick Ross has purchased the monstrous former Fayetteville home of boxer Evander "Real Deal" Holyfield and that he got it for a relative steal . That distinction belongs to Steve Ward, whose final fight came months before his 60th birthday. Ross, the Lemon Pepper Lord of Lyrics, has a net worth estimated at $40 million. He spent $5.8 million on the Georgia estate he purchased from Evander Holyfield, which included 109 rooms. The mansion, which includes 12 bedrooms and 45,000 square feet, is located on 105 acres and has become a tourist attraction, according to Rozay. The deal also required Holyfield to fund his sons future education by filling an account with $100,000. Basically, the boxer had more kids and ex-wives than he could reasonably afford. In addition to sheer square footage, the hip-hop haven known as Villa Vittoriosa (meaning The Victory) weighs in with 109 rooms, 12 bedrooms, and 21 bathrooms. Dade Countys finest Rick Ross has officially purchased a 109-room mansion from boxing great Evander Holyfield. The sport of boxing is one of the most lucrative in the world, with the ability to produce some of the best fighters of all time. Peek inside this epic slice of superstar real estate. Now, 57-year-old former champ Evander Holyfieldlives in a two-bedroom apartment and admits the vast majority ofthose millions aregone since his final professional bout in 2011. Evander Holyfield vs. Vitor Belfort: Preview, fight prediction, picks According to the index, any fighter who falls in one of those three categories needs further clinical evaluation by the commission and their medical advisory board before licensure. He lost the title to Mike Tyson in a second fight after winning it the first time. One of heavyweight boxing's biggest names estimates he earned US$200 million (NZ$312m) from his 26 years in the ring. The event never happened, leading to a contractual dispute between Holyfield and Triller. Fans are concerned for Evander Holyfield, who seemed to struggle on the ads during the open workouts for the media. The same Independent piece notes that Holyfield spent $10 million on a massive 45,000 square foot mansion. Rick Ross Buys Evander Holyfield's 109-Room Mansion in Georgia TV News / Jon Galt. The $230m he earned over a. He finished his career at 53 years old with five losses in his final seven bouts. Fighters 154 pounds and above typically wear 10-ounce gloves. It remains to be seen how safe it is for a 58-year-old to compete. In addition to an in-house bowling alley, the home is about as close to a sportsmans paradise as one will find. How Much Did Evander Holyfield Make For His Boxing Return Against Evander Holyfield apparently got paid very well for his two minutes inside the ring against Vitor Belfort. His total earnings were around half a million dollars, including brand deals. "If he had the right team behind him, he would have never lost his fortune.". Rick Ross Buys Insane 109-Room Mansion From Evander Holyfield We want to hear from you. In the famed ear-damaging fight against Tyson alone, Holyfield brought home a massive $35 million, according to Atlanta Magazine, which is several times more than most Americans will make in their lifetime. In 1998, Evander Holyfield paid $11.4 million for a 114-acre estate in Fayetteville, Georgia. How did Evander Holyfield lose all his money? He recently fought Mike Tyson back in May 2021, and now the 58-year-old Holyfield will be returning to the ring once more to defy age and deliver more knockouts. (via @OmarESPN) pic.twitter.com/wlR89gCjJC, ESPN Ringside (@ESPNRingside) September 12, 2021. The property is located in Atlanta, Georgia and priced at $5.8 million. def. Holyfields wealth was unimaginably massive, but expenses have a way of scaling up to any level. A legal notice from Washington Mutual Bank in June of 2008 revealed that the 54,000 . Evander Holyfield is one of heavyweight boxings greats; He made around $230m during . "You are absolutely right," Holyfield said.