Don King’s net worth is estimated to be $150 million as of 2021.
Donald “Don” King is a boxing promoter from the United States best recognized for his role in historic boxing matches. He has been a divisive character, in part because of a manslaughter conviction (later overturned) and civil actions filed against him.
Among other things, King’s career highlights include marketing “The Rumble in the Jungle” and the “Thrilla in Manila.”
Donald “Don” King was born on August 20, 1931, in Cleveland, Ohio. He dropped out of Kent State University and ran an illegal bookmaking operation out of the basement of a record store on Kinsman Road before being charged with the murders of two men 13 years apart.
He was convicted of second-degree murder after he was found guilty of stomping an employee to death. The employee Sam Garrett reportedly owed King $600.
King began his career as a boxing promoter in 1974, with the renowned and historic boxing event, ‘The Rumble in the Jungle.’ In 1975, he sponsored the boxing match ‘Thrilla in Manila,’ which was held in Quezon City, Philippines, between Muhammad Ali and Joe Frazier.
In the 1970s, he rose through the ranks of boxing promoters, eventually becoming one of the most successful. Muhammad Ali filed a lawsuit against him for mishandling finances and underpaying him $1.1 million.
The Senate questioned him about his involvement with organised crime and his ties to mobster John Gotti.
In 1998, he took over the ownership of a weekly newspaper based in Cleveland. The primary goal of the paper was to help the African-American community. Mike Tyson sued him for $100 million for mishandling his funds for more than a decade.
Don King’s net worth is estimated to be $150 million in 2021.
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