George Edward Foreman (nicknamed "Big George") (born January 10, 1949) is a retired American professional boxer, former two-time World Heavyweight Champion, Olympic gold medalist, ordained Baptist minister, author, and entrepreneur. After a troubled childhood, Foreman took up boxing and was a gold medalist at the 1968 Olympics. He won the World Heavyweight title with a second round knockout of then-undefeated Joe Frazier in Kingston, Jamaica in 1973. He made two successful title defenses before losing to Muhammad Ali in "The Rumble in the Jungle" in 1974. He was unable to secure another title shot, and retired following a loss to Jimmy Young in 1977. Claiming to have had a religious epiphany, Foreman became an ordained Christian minister. Ten years later, he announced a comeback and, in November 1994, at age 45, he regained the Heavyweight Championship by knocking out Michael Moorer. He remains the oldest Heavyweight Champion in history. He retired in 1997 at the age of 48, with a final record of 76–5, including 68 knockouts.
Foreman has been inducted into the World Boxing Hall of Fame and the International Boxing Hall of Fame. The International Boxing Research Organization (IBRO) rates Foreman as the eighth greatest heavyweight of all-time. In 2002, he was named one of the 25 greatest fighters of the past 80 years by The Ring magazine. The Ring ranked him as the 9th greatest puncher of all-time. He was a ringside analyst for HBO's boxing coverage for twelve years, leaving in 2004. Outside of boxing, he is a successful entrepreneur and is known for his promotion of the George Foreman Grill, which has sold over 100 million units worldwide. In 1999 he sold the naming rights to the grill for $138 million.

Entrepreneurship (grill)

When Foreman came back from retirement he argued that his success was due to his healthy eating, which made him a perfect fit for Russell Hobbs Inc., who were looking for a spokesperson for their fat-reducing grill. The George Foreman Grill has resulted in sales of over 100 million units since it was first launched, a feat achieved in a little over 15 years. Although Foreman has never confirmed exactly how much he has earned from the endorsement, it is known that Salton Inc paid him $137 million in 1999, in order to buy out the right to use his name. Previous to that he was being paid about 40% of the profits on each grill sold (earning him $4.5 million a month in payouts at its peak) so it is estimated he has made a total of over $200 million from the endorsement, a sum that is substantially more than he earned as a boxer.