George Foreman made sure that his career lasted long after he retired from professional boxing. Best known as a two-time world heavyweight champion, Foreman branched out to business ventures — his popular George Foreman Grill. As a result of his success, the late Texas native increased his net worth. Unfortunately, Foreman died in March 2025, his family confirmed in an Instagram statement. His cause of death was not revealed, but the Foremans noted he died “peacefully.”
“Our hearts are broken. With profound sorrow, we announce the passing of our beloved George Edward Foreman Sr., who peacefully departed on March 21, 2025 surrounded by loved ones,” Foreman’s family captioned their post. “A devout preacher, a devoted husband, a loving father, and a proud grand and great grandfather, he lived a life marked by unwavering faith, humility, and purpose. A humanitarian, an Olympian, and two-time heavyweight champion of the world, he was deeply respected — a force for good, a man of discipline, conviction, and a protector of his legacy, fighting tirelessly to preserve his good name— for his family. We are grateful for the outpouring of love and prayers, and kindly ask for privacy as we honor the extraordinary life of a man we were blessed to call our own.”
Below, learn more about Foreman’s boxing and entrepreneurial career.
Foreman was 76 years old when he died in March 2025.
Foreman’s family did not provide a cause of death in their announcement.
The late Olympian had a net worth of $300 million, according to Celebrity Net Worth. Foreman racked up his wealth throughout the 1970s when he set aside $5 million from his boxing earnings, per the outlet. However, his wealth didn’t reach new heights until the release of the George Foreman Grill in the 1990s.
