Larry Holmes Net Worth: Larry Holmes is a boxer and promoter. Larry Holmes is worth $18 Million. Read on about Larry Holmes’s Net Worth, Biography, Age, Height, Family, and Career.
|Net Worth:||$18 Million|
|Date of Birth:||Nov 3, 1949 (73 years old)|
|Place of Birth:||Cuthbert|
|Height:||6 ft 3 in (1.91 m)|
|Profession:||Professional Boxer, Businessperson, Actor|
|Nationality:||United States of America|
What is Larry Holmes Net Worth?
Larry Holmes is an American retired boxer with a net worth of $18 million. Larry Holmes was one of the most successful heavyweight boxers in history because he won so many fights.
Larry Holmes was born on November 3, 1949, and grew up in Easton, Pennsylvania, which gave him his boxing nickname, “The Easton Assassin.” He was the fourth child of John and Flossie Holmes, who had a total of 12 children. His father left and went to Connecticut to work as a gardener to support the family. He came back to see them every three weeks. Larry quit school in the seventh grade to help support his family by working at a car wash and later driving a dump truck. Around the age of 18, Larry Holmes started boxing.
As an amateur, Holmes was 19-3. He also worked as a sparring partner with Muhammad Ali, Joe Frasier, Jimmy Young, and Earnie Shavers. This helped him realise that he could hold his own. And when he fought Earnie Shavers in March 1978, he first became a serious contender. Larry won by a landslide in a twelve-round unanimous decision. This win made it possible for him to fight WBC Heavyweight champion Ken Norton in Las Vegas, Nevada, on June 9, 1978. The fight lasted 14 rounds, and both fighters won seven rounds. In the 15th, Holmes went back to win.
Larry Holmes was the WBC Heavyweight Champion from 1978 to 1983. From 1980 to 1985, he was the Ring Heavyweight Champion, and from 1983 to 1985, he was the IBF Heavyweight Champion. With his 20 successful title defences in boxing, he became the second most successful athlete in the sport, right behind Joe Louis, who had 25. Holmes retired in 1986 after losing a rematch to Michael Spinks, but he came back several times in the years that followed. He fought for the last time in 2002. For his efforts, Holmes was inducted into the International Boxing Hall of Fame in 2008. His final boxing record is 69–6, and 44 of those wins were knockouts.
Larry Holmes would get about $8 million to face Muhammad Ali in what was probably his most famous championship match. He won the fight, which was the only time Ali was defeated in his entire career. Even after he “retired,” Larry Holmes continued to make a lot of money. In 1988, Don King offered Larry Holmes $2.8 million to fight Mike Tyson. In 1992, Holmes agreed to fight Evander Holyfield for $7 million. A fight between Holmes and George Foreman that was supposed to take place on January 23, 1998, was cancelled. But each fighter got to keep the 10% of their pay that couldn’t be returned, giving Holmes $400,000.
Outside the Ring
Holmes moved back to Easton, his hometown, where he has since settled down. With the money he made from boxing, he has also started several businesses. Since then, he has hired more than 200 people through these businesses and holdings, which include a $5 million office complex, a $2 million restaurant, a $8 million hotel, a nightclub, slot machines, and more. He is also a co-host on the TV talk show “What the Heck Were They Thinking?”
Larry Holmes married Diane Robinson in 1979, and the two of them have two children. He has also got three daughters from two of his previous relationships. Mark Holmes, Larry’s younger brother, was also a boxer. He competed in the middleweight class from 1980 to 1987. Larry Holmes lives in his $1.7 million Sheridan Drive home in Palmer Township, Pennsylvania, near Easton.