Sugar Ray Leonard Net Worth 2020, Early Life, Married Life, Career and Achievement
Sugar Ray Leonard Net Worth – Ray Charles Leonard is an American professional boxer, motivational speaker and actor who is often regarded as one of the greatest boxers of all time.
He is a legendary boxer who won the title in five weight divisions, the lineal championship in three weight division and also became the undisputed welterweight championship.
Sugar Ray Leonard Net Worth
Early Life, Family and Education
Sugar Ray Leonard was born to Cicero and Getha Leonard on May 17, 1956, in Wilmington, North Carolina. His family moved to Washington DC when he was 3 and settled in Palmer Park, Maryland when he was 10.
Leonard completed his high school education form Parkdale high school. He started boxing following his brother’s footstep at the Palmer park recreation center in 1996.
By his mid-teenage Leonard demonstrated proficient at boxing, and, as a beginner, he won 145 of 150 sessions and earned two National Golden Glove titles (1973, 1974), two Amateur Athletic Union titles (1974, 1975), and a gold medal award at the 1975 Pan American Games.
During the divorce proceedings, Juanita Leonard testified that under the influence of alcohol her husband physically abused her.
She also said he was a frequent user of cocaine. In his testimony, Leonard confirmed the claims of his wife and revealed that the marriage problems were not caused by the use of drugs and alcohol.
In 1989, Leonard married Bernadette Robi, ex-wife of Lynn Swann. He has a son named Daniel Ray Leonard with Bernadette.
Leonard has been the international chairman of the Juvenile Diabetes Research Foundation for many years and is actively involved in raising awareness and funding.
In 1976, Leonard made an appearance in the US Olympic team in the welterweight division. In the final, Leonard boxed with Andres Aldama, who reached final by five straight knockouts.
In the last few seconds of the fight, Leonard combination forced another standing eight count and he was awarded a 5-0 decision and eventually won the Olympic gold medal.
Later after winning the gold medal in the Olympics, he announced his retirement to continue his education.
After the immense pressure of his friend and family, he overturned his retirement and planned to box professionally. He fought with Wilfred Benitez on November 30, 1979, for WBC Welterweight championship, at Caesar’s Palace in Las Vegas.
Leonard won the fight and eventually named “Fighter Of The Year” for 1979 by The Boxing Writers Association Of America.
On March 28, 1981, Leonard’s fight was planned against Larry Bonds, the WBC sixth-ranked contender in Syracuse, New York. Leonard was aggressive throughout the match and eventually knocked out Bond in the 1oth round.
On June 25, 1981, Leonard moved up to the junior welterweight division to face Kalule in Huston, Texas. Leonard celebrated his victory against Kalule who was light middleweight champion for two years.
Later, Leonard was promoted as “ The Showdown “, on September 16, 1981, at Caesars Palace he fought with Thomas Hearns in Las Vegas in World welterweight championship.
After the intense fight, Leonard finally managed to win against the former welterweight champion and the fight was named as “Fight Of The Year” by Ring.
For the same fight, Leonard was named “ Fighter Of The Year” and eventually he was named “ Athlete Of The Year” by The Boxing Writers Association of America.
During his entire boxing career, due to his records, he was awarded for numerous time
Sugar Ray Leonard net worth is estimated to be $120 million as of 2020. He is one of the richest boxers of all time and his entire source of wealth is believed to be from his boxing career. Moreover, he is the first boxer to make $100 million purses alone.
Leonard was the highest paid boxer in the 1980s and made the career earnings of $161 million.
He owns a luxurious house in Pacific Palisades at 1550 Amalfi Drive which he bought for $6.9 million. The Georgian-style mansion has 16,773 square feet, 8 bedrooms, 15 bathrooms, and sits on over 2 acres of land.
Leonard also has a vacation house in California which he listed for sale for $2.175 million in 2020.