Riddick Bowe’s Net Worth in 2024
As of 2025, Riddick Bowe is said to be worth around $100,000. That figure may be a surprise considering that Bowe earned millions during his prime boxing years. However, he was also financially handicapped by financial mismanagement, legal troubles, and poor business decisions like many athletes.
By the 1990s, Bowe was one of the world’s highest paid boxers, earning tens of millions from fight purses, pay-per-view sales, and endorsements. Despite this, his net worth today is modest compared to many of his peers.
Major Fight Payouts and Career Earnings
Boxing brought Bowe a huge fortune, especially in his prime in the heavyweight division. His biggest earnings came from fights against Evander Holyfield:
- 1992: Bowe defeated Evander Holyfield to become the undisputed heavyweight champion. This bout brought him $5 million.
- 1993: In the rematch against Holyfield, Bowe reportedly made $10 million, despite losing the fight.
- 1995: Bowe fought Andrew Golota twice, getting over $2 million per fight.
Bowe amassed over $50 million in fights, sponsorships, and endorsements throughout his career. Unfortunately, this wealth did not last because of bad financial management and legal issues.
How Did Riddick Bowe Lose His Fortune?
Bowe’s financial woes stem from several factors, including:
Poor Money Management
Many athletes have trouble managing large sums of money, and Bowe was no exception. Reports claim he invested poorly and made extravagant purchases that left him broke eventually.
Legal Troubles
Lawsuits have drained Bowe’s personal finances. He was sentenced to 18 months in prison in 1998 for abducting his estranged wife and children. Legal fees and settlements further reduced his wealth.
Failed Comeback Attempts
Bowe attempted several comebacks to regain financial stability after losing his title. However, these later fights were not as lucrative as his prime fights, and he was unable to reclaim his former success.
Life after Boxing: Business Ventures and Challenges
After stepping away from boxing, Bowe explored several ventures to make money, including wrestling and motivational speaking. However, none of these ventures were as financially rewarding as his boxing career.
He also tried his hand at celebrity appearances and endorsements, but his earnings were not sustainable.
Despite his struggles, Bowe has remained active in the boxing community, often attending events and backing younger fighters.
Real Estate and Assets
In his prime, Bowe owned several properties, luxury cars, and jewelry. But financial troubles forced him to eventually sell or lose many of these assets.
His biggest loss financially was his mansion in Maryland that he had to sell because of financial problems. Reports claim he downsized significantly in recent years to manage his expenses.
