Leon Spinks Net Worth is $20, 000
Date of birth: the 11th of July, 1953
Profession: pro boxer
Nationality: United States of America
Source of wealth: box, sports
How Much is Leon Spinks Worth?
Leon Spinks is one of those celebrities, who can’t boast with too large net worth. He owns just $20, 000 – the sum, which can’t impress an average American citizen, who can easily save such a wealth.
Probably, Spinks golden age is not so financially secured. Nevertheless, he used to enjoy solid payments and international fame in his younger years. So, his life story is worth to read about.
Spinks gained kudos as a boxer. His career in sports served as the main source of his net worth. Spinks started as an amateur boxer. Soon his talent brought him a number of wins, which made him both, rich and popular. In 1974 Leon won a bronze medal at World Games. In next two years he grabbed both, silver and gold medals. After a string of loud victories, Leon had just one choice – to become a professional boxer.
Spinks debuted as a pro boxer in 1977. Then he defeated Bob Smith in Las Vegas in his first professional match and later got several other victories till finally he reached the highest arc of his success. Leon defeated a teen idol Muhammad Ali.
Their match remains till now one of the most interesting in the boxing history. Then Ali held a title of a World Champion. He was 36 and his fan base could impress even Hollywood stars. Leon was a newcomer. He was just 24 and nobody considered him as a serious rival for Muhammad.
In fact, Leon’s fight could hardly be called too skilful. But his young energy, strength and enthusiasm brought him a victory.
That was Leon Spinks career peak. Somehow it happened that he couldn’t repeat his success anymore. Seven months later Ali asked for rematch. And this time he managed to win.
Leon Spinks Financial Troubles
Leon Spinks earned more than $5 million during the years of his career. But he wasted the money he got from his wins. The ex-boxer was really gifted, but the lack of discipline and drug addiction ruined his career beginnings.
He performed at the ring till 1995. After that Spinks retired from box. During his years in sports he won 26 matches and lost 17 of them.
Leon’s life after retirement can hardly be called rich and lavish. He lives in poverty and even used to be homeless for some period.