Last Friday died the legendary boxer George Foreman at the age of 76. The cause of the death of one of the main heavyweight in the history of sport has not been revealed.
Many people should remember Foreman not only within the ring, but also as a successful entrepreneur: he was the face of George Foreman Grill, a successful appliance in the 2000s.
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Launched in 1994, Grill sold over 100 million units in 2009. Foreman was the product propaganda of the product, produced by the former Salton Inc (today Spectrum Brands).
Millionaire Billing
It has never been revealed how much the boxer and entrepreneur received with the business. However, an estimate published since the launch of the product has never been contested by Foreman.
The survey in question pointed to a revenue of US $ 240 million. In 1999, the group responsible for the grill still bought the right of perpetual use of the name of the boxer for $ 127.5 million in cash and $ 10 million in shares.
