Sugar Ray Leonard Net Worth

By Mixxerly UPDATED: NOVEMBER 28, 2021

How much money does Sugar Ray make monthly and yearly? How much is Sugar Ray's net worth?

About Sugar Ray

Ray Charles Leonard, best known as "Sugar" Ray Leonard, is an American former professional boxer, motivational speaker, and occasional actor. As of , Sugar Ray's estimated net worth is at least $135 Million.

Often regarded as one of the greatest boxers of all time, he competed between 1977 and 1997, winning world titles in five weight divisions; the lineal championship in three weight divisions; as well as the undisputed welterweight title. Leonard was part of "The Four Kings", a group of boxers who all fought each other throughout the 1980s, consisting of Leonard, Roberto Durán, Thomas Hearns, and Marvin Hagler.

"The Fabulous Four" created a wave of popularity in the lower weight classes that kept boxing relevant in the post-Muhammad Ali era, during which Leonard defeated future fellow International Boxing Hall of Fame inductees Hearns, Durán, Hagler, and Wilfred Benítez. Leonard was also the first boxer to earn more than $100 million in purses, and was named "Boxer of the Decade" in the 1980s.

The Ring magazine named him Fighter of the Year in 1979 and 1981, while the Boxing Writers Association of America (BWAA) named him Fighter of the Year in 1976, 1979, and 1981. In 2002, Leonard was voted by The Ring as the ninth greatest fighter of the last 80 years; In 2016, he was voted by The Ring to be the greatest living fighter; and BoxRec ranks him as the 23rd greatest boxer of all time, pound for pound.

What is Sugar Ray's Net Worth?

As of , Sugar Ray's estimated net worth is at least $135M. Leonard started boxing at the Palmer Park Recreation Center in 1969. His older brother, Roger, started boxing first. Roger helped start the boxing program, urging the center's director, Ollie Dunlap, to form a team.

Dave Jacobs, a former boxer, and Janks Morton volunteered as boxing coaches. Roger won some trophies and showed them off in front of Ray, goading him to start boxing.

In 1972, Leonard boxed in the featherweight quarterfinals of the National AAU Tournament, losing by decision to Jerome Artis. It was his first defeat. Later that year, he boxed in the Eastern Olympic Trials. The rules stated that a boxer had to be seventeen to box in international competition, so Leonard, only sixteen, lied about his age.

He made it to the lightweight semifinals, losing a disputed decision to Greg Whaley, who took such a beating that he wasn't allowed to continue in the trials and never boxed again.

Early life of Sugar Ray

Ray Charles Leonard (born May 17, 1956) the fifth of seven children of Cicero and Getha Leonard, was born in Wilmington, North Carolina. He was named after Ray Charles, his mother's favorite singer. The family moved to Washington, D.C., when he was three, and they settled permanently in Palmer Park, Maryland when he was ten.

His father worked as a supermarket night manager and his mother was a nurse. He attended Parkdale High School. Leonard was a shy child, and aside from the time he nearly drowned in a creek during a flood in Seat Pleasant, Maryland, his childhood was uneventful. He stayed home a lot, reading comic books and playing with his dog.

His mother said: "He never did talk too much. We never could tell what he was thinking. But I never had any problems with him. I never had to go to school once because of him."

Favorite Quotes from Sugar Ray

“Someone once said there was a comparison between Sugar Ray Leonard and Sugar Ray Robinson. Believe me, there’s no comparison. Sugar Ray Robinson was the greatest.” – Sugar Ray Leonard

“It’s different when you become a professional, because you also have to become a businessman, and that takes something away from it” – Sugar Ray Leonard

“When I turned pro, Muhammad Ali was laying back, and I was able to fill up an area that was empty.” – Sugar Ray Leonard

“Boxing was not something I truly enjoyed. Like a lot of things in life, when you put the gloves on, it’s better to give than to receive.” – Sugar Ray Leonard

“It is wonderful. It’s you against me, it’s challenging another guy’s manhood. With gloves. Words cannot describe that feeling of being a man, of being a gladiator, of being a warrior. It’s irreplaceable.” – Sugar Ray Leonard

“I fought tall fighters, short fighters, strong fighters, slow fighters, sluggers and boxers. It was either learn or get knocked off.” – Sugar Ray Leonard

“Looking back, yes, I made too many comebacks. But each comeback I was 100 percent sure that I would win. I never came back for the money, because I didn’t need it. The adulation I was getting anyway in other spheres. But I’m a guy who likes to see how close he can get to the edge of the mountain – that’s what makes me tick.” – Sugar Ray Leonard

Sugar Ray Leonard Net Worth