Bob Arum has been recognized for being the brains behind Top Rank, which is a Les Vegas company that does promote professional boxing globally. He serves as the Chief Executive Officer, and many people have agreed that he has done a good job. Also, he has also practiced as a lawyer at Tax division of United States Attorney’s office in the New York. It was in the year 1965 when he shifted his career to boxing and specifically boxing promotion. Keep on reading to learn more on the net worth and Earnings of Bob Arum in the year 2018.
Early Life & Biography
Bob was born in the year 1931 on December 8th. He joined Harvard Law School, and he got to study law. After he got his law degree in the judicial studies that were when he began to practice as a lawyer at US Department of Justice. He never had so much interest in the sport of boxing until the time when he joined the business himself. While in college, his interest had always been in music. It was his business of the boxing world that made him a world known figure when it came to negotiating and also the law.
Arum has been married two times. He has been blessed with three children with the first wife. The names of the three children are Richard, John, and Elizabeth. His son, John Arum is an environmental lawyer died while climbing a mountain. In 1991, he got married to Todd Duboef.
Career, Awards & Nominations
He first came to the limelight by being the promoter of Muhammad Ali. Since then, his career has been on the rise. By the eighties, he had established himself in this industry. He was able to organize the greatest fights and was also responsible for organizing Las Vegas fight that was between Hagler vs. John Mugambi and also Hearns vs. James Schuler. He has continued to organize some of the best fights in the 21st century.
His biggest competitor has been Don King. The peak of their competition was in the nineties. Bob was able to promote some of the biggest names in sports boxing such as Oscar De La Hoya. Some of the fighters that have been closely associated with Top Rank brand includes Manny Pacquiao and also Erik Morales.
Net Worth & Earnings
The net worth of Bob Arum is estimated to be over $350 million. This wealth has been generated from his company, Top Rank which has been responsible for promoting different boxing champions. Among some of the best boxers that they have promoted includes Manny Pacquiao.
Bob Arum’s Life has been a perfect example of what could happen if one can utilize their skills and education in a field that you may not be familiar with. His dedication and hard work are what has seen him become a guru in a field that very few have been able to make it. He has had his lows which included being investigated by the FBI, but he is a successful man in this field.