George Forman worth more than Oscar and Mayweather?

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  • Dr Rumack
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    #31
    Foreman was making five million dollars a month from sales of the grill when they were at their peak. He made that money when he was old enough to know how to use it too. That's something most athletes don't have going for them.

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    • New England
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      #32
      Originally posted by 7_rocket
      Yep this is true, however do you know if he has investments? I'm surprised OScar is not the richest.


      he must have something. at he very least, we know he owns property. he'd be paying so much in taxes if he didn't have some sort of income that wasn't taxed at a lower rate. somebody has to be in his ear about this stuff, even if he doesn't want to hear it.


      he's clearly not motivated to be a sound businessman, however. that man spends. that's money that we know he's not investing. he's willing to literally gamble it away.



      i don't think mayweather is motivated by money and financial success. that probably sounds funny, but that's how i feel. he's motivated by the lifestyle. he doesn't think of his money in terms of it's capacity for growth. he thinks of it in terms of spending and lifestyle.

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      • JDD1
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        #33
        Originally posted by New England
        he must have something. at he very least, we know he owns property. he'd be paying so much in taxes if he didn't have some sort of income that wasn't taxed at a lower rate. somebody has to be in his ear about this stuff, even if he doesn't want to hear it.


        he's clearly not motivated to be a sound businessman, however. that man spends. that's money that we know he's not investing. he's willing to literally gamble it away.



        i don't think mayweather is motivated by money and financial success. that probably sounds funny, but that's how i feel. he's motivated by the lifestyle. he doesn't think of his money in terms of it's capacity for growth. he thinks of it in terms of spending and lifestyle.
        I think floyd is like shaq-he spends alot on stuff on fluff items he doesn't need (and shows it off in public) but if you looked at their finances they both have plenty of money saved and invested they just dont talk about it.

        I guess saving money is too boring.

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        • radioraheem
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          #34
          Originally posted by JDD1
          Man, what an idiot.
          Very few had ANY idea the Foreman Grill would be soooooooooo successful like that though. Hindsight is a mother****er. Hogan had no idea!

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          • Holywarrior
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            #35
            Originally posted by JDD1
            I wonder if there was another athlete who passed on the chance and is looking back now like-damn!!
            I believe around the same time of the grill, there was a blender that hulk Hogan tried to get going but it didn't take off.

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            • JDD1
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              #36
              Originally posted by radioraheem
              Very few had ANY idea the Foreman Grill would be soooooooooo successful like that though. Hindsight is a mother****er. Hogan had no idea!
              True, but this was during the time when healthy eating took off. When did making meatballs become important.lol!!

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              • radioraheem
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                #37
                Originally posted by New England
                he must have something. at he very least, we know he owns property. he'd be paying so much in taxes if he didn't have some sort of income that wasn't taxed at a lower rate. somebody has to be in his ear about this stuff, even if he doesn't want to hear it.

                he's clearly not motivated to be a sound businessman, however. that man spends. that's money that we know he's not investing. he's willing to literally gamble it away.

                i don't think mayweather is motivated by money and financial success. that probably sounds funny, but that's how i feel. he's motivated by the lifestyle. he doesn't think of his money in terms of it's capacity for growth. he thinks of it in terms of spending and lifestyle.
                Yes, he does own property. But some of that property is RENTAL properties, which should pay for itself. Then keep in mind appreciation factors, as he purchased a bunch of properties long ago.

                On Episode 2, All-Access, he told Robin Leech he has about $1 million per month for the rest of his life. So he's not as clueless as you think.

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                • revs1227
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                  #38
                  i have 2 foreman grills ..............

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                  • MrRolltide91
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                    #39
                    Originally posted by radioraheem
                    Yes, he does own property. But some of that property is RENTAL properties, which should pay for itself. Then keep in mind appreciation factors, as he purchased a bunch of properties long ago.

                    On Episode 2, All-Access, he told Robin Leech he has about $1 million per month for the rest of his life. So he's not as clueless as you think.
                    yea I heard he owns real estate

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                    • radioraheem
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                      #40
                      Originally posted by MrRolltide91
                      yea I heard he owns real estate
                      Also, Floyd said that he purchases property completely. It's paid in full right on the spot so there's no mortgages.

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