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Don King

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James Endicott

Don King, a professional boxing promoter who earned more wealth

 

Boxing is a sports activity, and not everyone can become a boxer because it requires some techniques. It even needs strength and focus while fighting with opponents. A boxing promoter is a person who takes care of everything at a competition or event. Donald King is a famous boxing promoter who earned more wealth due to his skills. He is one of the persons who is behind the popularity of boxing in the US during the 1970s. Furthermore, he produced leading boxers who have achieved many things in their lives.



The early life and education of Donald King 


Donald King holds American nationality and was born in Cleveland on August 20, 1931. He attended John Adams High School in 1951 and joined Kent State University later. On the other hand, he dropped out of college and started to focus on other things. He ran an illegal bookmarking business in the 1950s and faced allegations of killing two men 13 years apart.



How did Donald King enter the boxing field?


In 1954, Donald King was acquitted of his murder charges, which made him relax his mind. In 1967, he was sent to jail for beating a man to death and came out on parole after four years. He entered the boxing field in 1971 and worked with Muhammad Ali to organize a benefit exhibition to raise money for Cleveland Hospital. The event went successfully, and Ali encouraged him to become a full-time promoter.


He teamed up with Ali again in 1974 for his next event, “The Rumble in the Jungle,” with Geroge Foreman. The event took place in Zaire and became a huge hit because it was a three-day festival that featured other artists. Ali won the competition by knockout in the 8th round and retained his championship title. The next event, “Thrilla in Manila,” was organized by King in 1975, and Ali once again took victory against Joe Frazier this time. King’s financial status started to increase between the 1980s and the 1990s. In 1983, he promoted 12 world championship events and continued his profession thereafter.



The net worth of Donald King 


Donald King was known to others as “Don King, “and his familiarity started to grow. Don King net worth is around $150 million. However, he faced some allegations from boxers, including Ali. As a result, Donald has to spend more money to settle the legal disputes to avoid conviction. He also made some appearances in TV documentaries and is not active in his field now. For more details visit: https://networthpost.org/don-king-net-worth/ 

 


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