Life and Death Of Muhammad Ali: His Career, Arrest and Come Back

Age/Date of Birth:
January 17, 1942 - June 3, 2016
6 ft 3 in or 190.5 cm
Multiracial (African-American with some English and Irish roots).
Wife or Girlfriend:Yolanda Williams
(m. 1986)
Parents:Cassius Marcellus Clay Sr. and Odessa O’Grady Clay
Net Worth:$50 million

Arguably the greatest, Muhammad Ali was an American professional boxer who has fought many fights and recorded some of the finest records in the history of boxing.

At the time of his death on 3rd June 2016, Ali had was worth an estimated $50 million. Here’s a story of how he amassed such wealth by becoming one of the greatest boxers of all time.

The Early Days of Muhammed Ali’s Life

Ali was born Cassius Marcellus Clay Jr. on January 17, 1942, in Louisville, Kentucky. At the age of 12, he had his bicycle stolen from him. Helpless, angry and frustrated over the incidence, police officer and boxing coach Joe E. Martin approached and introduced him to boxing.

His first fight as a boy earned him 4 dollars and he was shown on local TV. What this did to him was to make him believe that if he could fight and be shown on Saturday Night Television, he would be able to make as much as $4000. A car for himself and a home for his mother was his goal at first.

Immediately Clay began training with boxing coach Fred Stoner. As an amateur he had 100 wins and 3 losses, among his wins included 6 Kentucky Golden Gloves, 2 National Golden Gloves, and 1 Amateur Athletic Junior Title. The highlight of his amateur career was at the 1960 Olympic where he won the light heavyweight gold medal.

For his education, Clay attended the Central High School Kenturkey from where he graduated in 1958. By this time, he had already started boxing and he was already making it good as a young boxer.

Muhammad Ali’s Professional Career

Immediately after the Olympic, Clay went pro, he won his debut pro fight in October 1960 and remained undefeated for 3 straight years, winning all 19 of his fights including 15 KO’s. He quickly gained popularity for his boxing style and controversial character. He was known for taunting his opponents before and during the fight and announcing before the bout what round he’d win.

Muhammad Ali

Clay defeated all but one, Sonny Liston who was at the time the world heavyweight champion. The match was scheduled for February 25, 1964, and Clay had a 7-1 odd of beating Liston. However, the match was a great and unexpected upset as Clay defeated Liston stripping him off his title. Clay was at the time 22 years old, making him the youngest boxer to snap the title from a champion. Later in 1964, Clay made the conversion to Islam changing his name to Muhammad Ali. He went on to win more bouts including popular ones versus Floyd Patterson and Ernie Terrell the latter which was described as one of the cruellest fights in boxing history.

His professional boxing career began when he was only 17 with a win against Tunney Hunsaker. For the next 20 years, he would keep fighting and dominating, until the age of 38 when he finally gave way after losing three of his last four fights.

At a time when boxers were hardly heard, Ali didn’t only do his business in the ring, as he was also one who spoke fury on opponents even before fights. Why this drew so much attention to him was because he was both articulate and poetic. He made use of intelligent words and rhymes, making him entertaining and effective both in the ring and out of it.

Arrest And Comeback

Growing up in an America that was still facing racism including a case that he was denied water as a child because he was black, and coupled with his conversion to Islam, Ali was very conscious of politics, race, and religion, and these would come to shape and determine a lot of things in his much later life.

As his popularity increased so did his cynical nature, Ali often used boxing press conferences to discuss controversial topics like the Vietnam War, integration, and interracial marriages. He was arrested and sentenced to 5 years behind bars for refusing to participate in the Vietnam War. His reasons were very simple; his Muslim faith was against it and he was not going to fight against the Vietnamese and bomb them when he will come back to see people from his race treated like second class citizens.

READ   The 20 Richest Royals In The World And Their Net Worth In 2020

Following this, the man got stripped of his titles and remained inactive for 4 years. However, Ali appealed successfully and had his conviction overturned.

He made a return to the ring in 1970 and defeated Jerry Quarry in that first fight. His next was in 1971 against the then world heavyweight titleholder Joe Frazier. Although he lost the fight, which was the first in his professional career, Ali earned $2.5 million – $15 million today. Ali would later beat Frazier in a rematch that didn’t involve a title. He then faced George Foreman in 1974 in a match dubbed “The Rumble in the Jungle”, Ali was again the underdog but proved yet again that he was indeed The Greatest by winning the match to claim the title a second time. He made $5.45 million, $26 million today.

Muhammad Ali

He lost the title in 1978 to Leon Spinks but regained it in a rematch later the same year to make him the first heavyweight to win the title a record three times.

Ali had a number of other bouts in the latter days of his career, he first announced his retirement in the late 1970’s but suspended it, despite his waning health. Ali fought majorly for the money as he was rumoured to be nearly bankrupt. His bout versus Larry Holmes in 1980 which he lost, gave him the biggest paycheck of his boxing career: $7.9 million.

Muhammad Ali’s Retirement and Death

The Greatest retired in 1981. By the time he was retiring, he had already fought as much as 61 fights, winning 56 of these with 37 won by knockout. He only managed to record 5 losses. Of the 5 fights lost, it was only one that the man who is regarded as The People’s Champion lost by knockout.

During his retirement, Ali was by no means idle, he made appearances in many social and political gatherings. He was a guest referee at a WWE match and lit the flame at the 1996 Summer Olympics in Atlanta.

Muhammad Ali 2

Ali formed GOAT LLC (Greatest of All Time), a corporation that managed his endorsements and licensing. In 2006, he sold his 80% stake in the company for $50 million but maintained 20% which saw him earn at least $5 million yearly. It is said that the 20% stake could be worth about $50 million.

Ali was diagnosed with Parkinson’s syndrome in 1984 which was followed by subsequent sicknesses that lead to his death from septic shock in June 2016.

Profile Summary 
First Name:Cassius
Last Name:Clay Jr.
Also Known As:
The Louisville Lip, The Greatest, The People’s Champion
Professional boxer
Famous For:Being among the most significant and celebrated sports figures of the 20th century and also as one of the greatest boxers of all time.
Colleges/Universities Attended:
Central High School, Louisville.
Educational Qualifications:
Not available
Sufi Islam
Birthday & Zodiac
Age/Date of Birth:
January 17, 1942 - June 3, 2016
Zodiac Sign:Capricorn
Birth Place:
Louisville, Kentucky, U.S.
Multiracial (African-American with some English and Irish roots).
Country of Residence:
Physical Attributes
6 ft 3 in or 190.5 cm
105 kg or 231.5 lbs
Eye Colour:
Dark Brown
Hair Color:
Black (Natural)
Other Body Measurements:
Chest: 44 Inches - Waist: 36 Inches - Biceps: 14 Inches
Marital Status:
Yolanda Williams
(m. 1986)
Family and Relatives
Cassius Marcellus Clay Sr.
Mother:Odessa O’Grady Clay
Laila Ali, Asaad Amin, Maryum Ali, Rasheda Ali, Hana Ali, Jamillah Ali, Miya Ali, Khaliah Ali, Muhammad Ali Jr.
Siblings:Rahman Ali (Younger Brother), 3 Brothers (Unknown), Sister Eva
Other Relatives:
Paternal great-grandparents, John Clay and Sallie Anne Clay; maternal great-grandfather, Abe Grady
Net Worth
Estimated Net Worth:
$50 million
Salary:Not available
Source of Wealth:
His boxing career, endorsement deals, stake in GOAT LLC
READ   What Is Brooks Laich's Net Worth and Who Is His Wife?

Uwa Echebiri
Uwa Echebiri
Uwa has extensive professional writing and editing experience including report and technical writing, product reviews, informational and persuasive articles, creative and content writing on nearly any topic, from entertainment to lifestyle, finance, sports and more. As a lifelong movie buff, Uwa is either bingeing on new movies during leisure, or giving someone a whopping on the latest FIFA edition


20 Richest ‘X Factor’ Judges and Celebrities of All Time with Their Net Worth

It is a notorious fact that most talent show winners find it hard to thrive in the real-life industry. There are however some shows...

The Reality Of Russell Simmons Net Worth, Kids, and Siblings

Russell Simmons is an American music/film producer, entrepreneur, and author, popular for being the co-founder of hip-hop label Def Jam Recordings. His net worth...

Who Are the Highest-Paid News Anchors and What are their Salaries?

The journalism industry is notorious for its poor remuneration and as such, you have professionals who spend much of their career making an average...

What is Ciara’s Net Worth in 2020 and Is She Married With Kids?

Ciara Harris is an American singer, songwriter, dancer, fashion model and actress with estimated net worth $20 million. The Grammy-winning songstress has spawned platinum-certified...

A Reveal of Lil Mosey’s Net Worth and the Songs that Made Him Famous

Lil Mosey's decision to quit high school in the tenth grade to pursue a career in music seemed like a bad one, but it...

The Height Of Sandra Bullock’s Achievements, Failed Marriage and Recent Relationships

Sandra Bullock has often been described as America’s sweetheart and the reason is not far-fetched. Since commencing her career in the late 80s, the...

All About Spike Lee’s Entertainment Family, Net Worth and Other Facts About The Director

Movie lovers are sure to recognize the name Spike Lee as he is known to portray major characters in some of the films he...

Jerry Springer Net Worth: How Much Money Does He Have Since His Show Ended

Jerry Springer may have been famously derided as the host of trash TV but that has not stopped him from emerging as one of...

Untold Truth Of Lamar Odom’s Net Worth, Relationships, Wife and Kids

Lamar Odom is a former professional basketball player most popular for his days with the Los Angeles Lakers where he won the 2009 and...

Jason Nash Net Worth and the Top Movies & TV Shows that Earned Him The Most

Many social media stars find it difficult to transition to traditional media. There are however some personalities that have been able to effectively combine...

Between Judge Judy and Judge Jerry Springer, Who has a Higher Net Worth ?

For nearly three decades, Judy Sheindlin has held sway as the most popular TV judge in the world. This is thanks to her courtroom...

Diana Ross Biography – Children, Husband and Family Members

Diana Ross is a legendary American singer, songwriter, record producer and actress. Ross is famous for being the lead singer of the popular 1960-70's...

Featured Today

Captivating Facts About Nicole Lz’s Divorce and Relationship With Adam Lz

There are many ways to become popular in this day and age. A few people have achieved fame by being good at what they...

Adam Lambert Net Worth: How Much Money the Former American Idol Finalist Has Now

There is no gainsaying the fact that Adam Lambert is one of the most successful products in the annals of American Idol. Since he...

What Is Wrong With Barron Trump, Is He Really Autistic? Where Is He Now?

Autism is prevalent and can affect people of all ethnic, racial and socioeconomic groups. The disorder, which limits a person's ability to relate and...

Top 10 Richest Male Porn Stars In The World

What could be better than passing time other than watching an adult movie on your television, computer, or anywhere? Sex has something to do...

Chris Gardner: His Son & Ex-Wife & Details About His Net Worth

Beyond being recognized as an American entrepreneur, investor and stockbroker, Chris Gardner is famous as a motivational speaker, author and philanthropist. The man is...

Related Stories