Don King's Net Worth

Born in Cleveland, Ohio, Donald King, popularly known as Don King, is a former boxing promoter. For a couple of decades, Don King’s name was synonymous with boxing. After graduating from high school, he went to Kent State. His image is controversial for being charged with multiple murders since most of his clients filed a lawsuit against him for defrauding them of millions of money.

What is Don King's Net Worth in 2022?

According to Celebrity Net Worth, Don King’s net worth is estimated to be $150 Million. The Net Worth suggests that he is one of the most successful promoters in combat sports. The controversial promoter has managed some of the best names in the sport of boxing.

The likes of Muhammed Ali, George Foreman, Joe Frazier, Mike Tyson, Roy Jones Jr., and many others have done business with King. King also promoted the famous and illustrious fights in boxing’s history, the “Rumble in the Jungle” and the “Thrilla in Manila”

He has appeared in various movies like “The Last Fight”, “Head Office”, “The Devil's Advocate” and many more.

Don King's House

Don King has owned a number of opulent residences thanks to his accumulated wealth over the years. He sold off a significant portion of it over time.

His current residence, according to Urban Splatter, is in Paradise, NV. Ten minutes from Las Vegas. Built in 1992, the house has more than 8,000 square feet of space with 8 bedrooms, a carport, an attached and detached garage, three fireplaces, and a large pool. This property has an estimated price of $1.8 Million.

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Mike Tyson's Lawsuit Against Don King

Don King’s most-talked-about incident is with Mike Tyson. In 1998, Mike Tyson sued King for $100 Million, alleging that the promoters had defrauded him of that money over the decades. The lawsuit said -

"Tyson was a young professional fighter without any formal education, and King was an experienced boxing promoter and manager with a veritable army of professional advisers."

"King knew that Tyson had a fundamental inability to read and understand contracts and fully appreciate the effect of business transactions on his life,"

In 2004, the suit was solved externally, with King paying Tyson $14 million. However, the money didn’t help Tyson’s financial situation as it went to the creditors he owed and his ex-wife, Monica Turner. Tyson’s manager Shelly Finkel said Tyson wanted to put the matters behind him and wanted to be a champion again.

However, in 2021 an image of Don King and Mike Tyson surfaced on the internet. The two seem to have buried the hatchet as they were having dinner at a restaurant in Florida.

Credits: Kevin Lole Twitter

What is Don King doing now?

It is fair to say the 89-year-old is retired. However, King hasn’t said those words yet. While he hasn’t promoted a fight for a while, in an interview with New York Times, he laid out the reasons for his activity -

“These guys are not dedicated and committed to the sport like the older guys were. They all want to read the headlines, and when you go out and extol them virtuously and say things about them, they believe the things to the extent they don’t have to do nothing. They believe it’s going to be like osmosis; it’s going to fall from the sky.”

It has been reported that King’s health condition particularly declined after his wife passed away in 2010.