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How did Evander Holyfield lose all his money?

TV News / Jon Galt

Published:

How did Evander Holyfield lose all his money?

  • Evander Holyfield is one of heavyweight boxings greats
  • He made around $230m during his long and illustrious career
  • Evander then went on to lose his fortune but how?
Evander Holyfield Road Rage Ear On Canvas
Evander Holyfield
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There have been a number of stars over the years who have gone on to make an absolute fortune, before then losing everything and finding themselves back at square one. One such star, who has possibly lost more money than anybody else in the world of entertainment, is former heavyweight boxing world champion Evander Holyfield.
Evander Holyfield was once a boxing legend
 
Over the course of his boxing career, Evander Holyfield was involved in some of the biggest and best fights in boxing, making around an estimated $230m along the way. However, Evander Holyfield lost his fortune and ended up having to sell off, not only his home, but also a whole host of memorabilia. So how exactly did Evander Holyfield lose all his money?
 
Well, surprisingly enough, it was not in the same way as many people and not exactly how you might expect. Evander Holyfield has never really been the flashy show off with all the bling. Unfortunately for the star, he put too much trust in others and agreed to some very poor business deals which, once they went wrong cost him a fortune.
Evander Holyfield with promoter Don King
Evander Holyfield with promoter Don King
 
As well as poor business dealings, Evander Holyfield also had three very expensive divorces and has 12 children that he has had to pay for over the years. Then there is the fact that he gave a huge percentage of his earnings to the church, as well as some tax issues along the way. It all adds up and, eventually, Evander Holyfield found himself in financial turmoil.
 
Most recently, Evander Holyfield entered the Celebrity Big Brother house, where he has already caused controversy with anti-gay remarks, which have led to calls for him to be evicted. We would love to see Evander Holyfield back to his best sometime soon but it looks like a long journey for a man who will forever be remembered as a heavyweight great.
Evander Holyfield was a great boxer
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Boston Romance Physique Model Actor John Quinlan Pilot Film Character Inspiration Evander Holyfield Poster By Patricia Statham Autograph Signed Evander Holyfield
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