Larry Holmes Net Worth and Amazing Boxing Career Record

Larry Holmes was a professional boxer in America from 1973 to 2002. He was the heavyweight champion from 1978 to 1985 and is known as one of the best boxers of all time. He is commonly called by his nickname "Easton Assassin," which is derived from his native city, Easton, Pennsylvania.

Holmes has been placed into both the World Boxing Hall of Fame and the International Boxing Hall of Fame, and he is regularly regarded as one of the best heavyweights of all time. He is the last boxer still competing who has beaten Muhammad Ali through knockout.

Now, let’s dive into Larry Holmes's net worth and income source.

Larry Holmes Net Worth 2024

Larry Holmes net worth is estimated to be at $18 million. Larry Holmes was a boxer who made a good living, winning bonuses totalling almost $8 million for a fight of Larry Holmes vs Ali. In 1988, Larry Holmes was convinced to return to the ring by Don King's $2.8 million promise to fight Mike Tyson.

Holmes consented to a fight with Evander Holyfield in 1992 for $7 million. A fight between Holmes and George Foreman was postponed from January 23, 1998. However, 10% of each fighter's pay was not refundable, so Holmes ended up with $400,000.

Personal Life

Larry Holmes wife is Diane Robinson. They married in 1979, and the two of them have two kids. If we talk about Larry Holmes' daughters from previous relationships, he has three daughters.

As of 2019, Larry Holmes house is located in Palmer Township, Pennsylvania, close to Easton. From 1980 to 1987, Mark Holmes, Holmes's younger brother, competed as a middleweight boxer.

Early Life

Holmes started boxing at the age of 18. He fought Nick Wells in his twenty-first fight at the 1972 National Olympic Trials in Fort Worth, Texas, semifinals. Holmes was stopped in the opening frame by Southpaw Wells, who is renowned for having an amateur boxer's previously high knockout-to-win percentage - the large majority of his knockouts occurring in the first round.

Despite this, Holmes was selected by a National Olympic Authority selection committee to compete in the Olympic box-offs in West Point, New York, against Duane Bobick. With a right to the head, Holmes was knocked out in the opening round. Rising to his feet, he danced out of reach, delivering several sharp jabs along the way. In the second round, Bobick severely injured Holmes, but he was unable to pin him down.

In the second round, Holmes received two warnings from the referee for holding. In the third, Holmes held on with Bobick, landing multiple strong rights and cornering him. Holmes was eventually eliminated for having too many holdings.

Professional Career

On March 21, 1973, Holmes became professional after earning a 19-3 amateur record and defeating Rodell Dupree in a four-round decision. When Holmes defeated the hard-hitting Earnie Shavers in March 1978, he first established his credibility as a potential competitor.

On October 2, 1980, at Caesars Palace in Las Vegas, Holmes faced Muhammad Ali in a title defense. On the scorecards of all three judges, Holmes scored in every round against the 38-year-old Ali. After his victory, the ring recognized Holmes as the World Heavyweight Champion.

Holmes defeated former European champion Lucien Rodriguez and Randall "Tex" Cobb in his next two bouts through a majority decision. Holmes faced off against future WBC and WBA Heavyweight Champion Tim Witherspoon on May 20, 1983, to defend his belt.

The WBA champions Gerrie Coetzee and Holmes were signed as 1984 ended to unify the championships at Caesars Palace on June 15, 1984. JPD Inc. promoted the event; however, Caesars Palace declared that the promoters had not fulfilled their end of the bargain regarding payment.

Comebacks

A $2.8 million prize pool pushed Holmes out of retirement on January 22, 1988, so he could take on Mike Tyson, the current Undisputed World Heavyweight Champion. In the fourth round, Tyson used an overhand right to knock out Holmes.

Holmes stood up, but Tyson terminated the fight after dropping him twice in the same round. In his entire career, Holmes was only knocked out once. Holmes once more retired after the battle.

When Holmes rejoined the ring again in 1991, he started fighting much more frequently. He typically faced journeymen and up-and-comers on USA Tuesday Night Fights events every few weeks. After five consecutive victories, on February 7, 1992, he squared off against the unbeaten 1988 Olympic Gold Medallist, Ray Mercer.

Professional Boxing Record

Frequently Asked Questions

Q. Where is Larry Holmes now?

Holmes resides in Palmer Township, close to Easton, in Pennsylvania.

Q. Who is the richest boxer in terms of net worth?

At a net worth of $400 million, Floyd Mayweather is the wealthiest boxer in the world.

Q. What is Muhammad Ali's net worth?

When Ali passed away in 2016 at the age of 74, his estimated net worth was $80 million.