Riddick Bowe is a retired American professional boxer with a net worth of $30,000. He is widely regarded as one of the greatest heavyweight champions in boxing history. Bowe is known for his imposing size, power, and technical skill. Bowe’s successful career earned him fame, fortune, and a lasting legacy in the sport. His journey has been faced with challenges from personal life and financial problems even after earning over $80 million during his career.
Riddick Bowe Career Earnings and Financial Issues
Riddick Bowe’s boxing career began in the amateur ranks, where he quickly established himself as a skilled boxer. He won the silver medal at the 1988 Seoul Olympics in the super heavyweight division, losing to future rival Lennox Lewis in the final. He participated in the 1988 Seoul Olympics and won a silver medal, and four New York Golden Gloves Championships from 1985 to 1988.
On November 13, 1992, Bowe faced Evander Holyfield in one of the most memorable heavyweight fights in boxing history. In a thrilling contest, Bowe defeated Holyfield by unanimous decision to claim the WBA, WBC, and IBF heavyweight titles. The fight solidified Bowe’s status as one of the best heavyweights of his era and marked the beginning of a legendary rivalry with Holyfield.
He dropped the WBC title in 1993 instead of facing the mandatory challenger Lennox Lewis and this decision tarnished his legacy as fans and critics questioned his inconsistency. Bowe’s second fight with Holyfield, on November 6, 1993, ended dramatically after he was knocked down in the seventh round. Bowe’s career began to decline in the mid-1990s due to factors like weight issues, inconsistent performances, and legal troubles. He retired temporarily in 1996 but made a comeback in 2004 until 2008.
Bowe retired with $15 million after making over $80 million throughout his career from endorsements and PPV bonuses. At some point, he was so low on funds that he would attend flea markets and public meetups to offer autographs. During an interview with Vlad TV in 2021, he claimed that his former manager stole $15 million. His fights with Evander Holyfield alone generated tens of millions in revenue, and Bowe was one of the highest-paid athletes of the early 1990s. Riddick Bowe earned millions of dollars through fight purses, endorsements, and other ventures accumulating a net worth of $30,000. After retiring from boxing, he joined the United States Marine Corps Reserve to give himself another shot at life.
Riddick Bowe Family Life
Riddick Lamont Bowe was born on August 10, 1967, in Brooklyn, New York. Riddick and his high school sweetheart Judy married on April 27, 1988. The couple has five children and after years of abuse, Judy filed for a divorce in 1998. Riddick was arrested and convicted for kidnapping his ex-wife Judy and children five months after they divorced. He was sentenced and sent to federal prison for 17 months. Bowe’s second marriage was to Terri Bowe, with whom he has one child. The couple has maintained a relatively low profile compared to his first marriage, and little is known about their relationship.