Larry Holmes is a prominent American retired professional boxer with a net worth of $18 million.
He became widely known after defeating Muhammad Ali in a boxing match in 1980 and became the World Heavyweight Champion for the first time.
To discover more about the epic life story of Larry Holmes and how he became a multi-millionaire, look through the article from the start. The article also covers Larry Holmes’s periodic Income and income sources.
How much money does Larry Holmes make?
Larry Holmes has devoted his entire career to the boxing profession. He earned most of his wealth through boxing.
Though Larry Holmes has taken retirement from boxing, he has other businesses such as restaurants, nightclubs, etc. from where he earns money today.
Larry Holmes’s estimated periodic Income is listed below:
- Yearly Income: $3.2 million
- Monthly Income: $266.67K
- Weekly Income: $61.54K
- Daily Income: $8.79K
- Hourly Income: $366.3
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How does Larry Holmes make money?
Larry Holmes is a retired professional boxer and a television personality. Besides, he has other businesses, including restaurants, nightclubs, real estate, etc. Larry Holmes’s sources of earnings are full of diversity. Known sources of earning are listed below:
- Boxing Career
- TV shows
Earnings from the Boxing career
Larry Holmes started his professional boxing career in March 1973 by fighting with an opponent named Rodell Dupree and winning the result points (PTS) type boxing competition. The boxing was held in Catholic Youth Center, Scranton, Pennsylvania.
Through the years from 1973 to 2002, Larry Holmes has fought a total of 75 matches where he has won 69, including 44 matches by knocking out opponents and 25 matches on a decision, and lost 6, including 1 match for being knocked out by the opponent and 5 matches on a decision.
Larry Holmes fought his final boxing match on 27 July 2002. He fought against the Butterbean and won the match by the UD-type decision after playing the 10th round. The match took place in Scope, Norfolk, Virginia, United States.
Working on TV shows
Though Larry was a professional boxer, he acted in TV series and shows. He first interned in his television career in 1965 by acting on a comedy-drama named Sylvia’s Girls.
Larry Holmes has acted in a total of 10 television series and movies. Besides, he has recently worked as an associate producer in an advanced movie named Mr. Blue Shirt: The Inspiration which will be released in 2021. Besides, he is working as a co-host on a talk show named What the Heck Were They Thinking?
Besides, there are 58 videos, including TV shorts, documentaries, short documentaries, miniseries, etc. where Larry Holmes acted in his self-character. He has been doing these documentaries since 1974. Recently, Larry Holmes is working on a documentary named Muhammad and Me: The Larry Holmes Story.
Earnings from other Businesses
Larry Holmes did not sit idle after drawing an end line of his professional boxing career. He invested the money that he earned during his mainstream career. Larry Holmes has succeeded in giving a job to more than 200 people through his business.
Larry Holmes has various types of business, including two restaurants, a training facility, a nightclub, a food bar, lots of slot machines, and an office complex. He earns a massive amount of money from his business facilities.
Biography of Larry Holmes
|Boxing Nickname||The Easton Assassin|
|Date of Birth||3 November 1949|
|Place of Birth||Cuthbert, Georgia, United States|
|Height||6 feet 3 inch|
|Marital Status||Married (Since 1979)|
|Profession||Retired professional boxer|
|Net Worth||$18 million|
Early Life of Larry Holmes
Larry Holmes was born in Cuthbert, Georgia, United States. After the birth, his family shifted to Easton, Pennsylvania. Larry Holmes’s father’s name is John Holmes and his mother’s is Flossie Holmes. He had twelve siblings and Larry Holmes was the fourth child.
Larry Holmes’s father was a gardener in Connecticut and died in 1970 while working there. He came to visit his family every three weeks.
When Larry Holmes’s father died in the 7th grade, he had to drop out to support his family during that rough time. He started doing car washes for 1 dollar per hour to support the family.
Larry Holmes also worked in mining and drove a garbage truck. He had to go through harsh times before beginning his career.
Larry Holmes took retirement in 2002 and now has been tagged as a retired professional boxer. After retirement, Larry returned to Easton, Pennsylvania which is said to be his roots. There he lived all these years and is still living.
Larry Holmes and Muhammad Ali had a championship match on 2 October 1980. Though Muhammad Ali announced his retirement in 1979, he came to fight a match with Larry Holmes. Eventually, Larry Holmes defeated Muhammad Ali in the 11th round and claimed himself as the World Heavy Weight Champion.
Larry Holmes got married to Diane Holmes in the year of 1979 and is still staying with her in his old age. They have five children: Belinda, Misty, Lisa, Kandy, and Larry Jr.