About Bob Arum
It has been estimated that Bob Arum net worth reaches 200 million dollars which makes him one of the richest millionaires in the world. A huge part of his net worth comes from his involvement into law, promoting and being involved in business which are the main sources of Bob Arum net worth. Born in 1931, Bob Arum is mostly known to the public as the one who established “Top Rank”. In addition, he is not only the owner of the company but also works as a CEO of it. “Top Rank” is a company which promotes boxers and is established in Las Vegas.
In addition to owning the company, Bob Arum is also known as a member of the US Attorney’s Office. There, he worked for the southern division of New York where he was specialized into taxes.
Bob Arum spent his childhood in New York where he was raised in a Jewish household. He studied at Erasmus Hall High School. After that, he enrolled to study to New York University and Harvard Law School. After he graduated cum laude from the Harvard Law School, Bob Arum worked at the United States Department of Justice. At the same time he got interested into boxing. These two sources are the main ones which provide the hugest sums of money to the overall amount of Bob Arum net worth.
Thus, he became involved into boxing and is known as a promoter of a lot of boxing stars, especially for Muhammad Ali. In addition, Bob Arum was an organizer of a lot of fighting events including the fights between Marvin Hagler and Roberto Duran. Bob Arum also was the one who organized grand fights such as the Leonard-Hearns rematch, George Foreman vs. Evander Holyfield and many others.
In addition to being a promoter to Muhammad Ali, he also took care of boxing mega stars such as Michael Carbajal, Oscar de la Hoya and Erik Morales. Moreover, Julio Cesar Chavez who is one of the most popular boxing champions was also promoted by Bob Arum when Julio Cesar Chavez was in the last year of his career.
During the recent years, it has been noted that Bob Arum is promoting Spanish and Latin fighters. One of the reasons of that could be the fact that boxing has been popular in the Hispanic communities for the last few years. One of the most successful fighters who were promoted by Bob Arum were Miguel Cotto and Antonio Margarito. Promoting such great boxers increase the overall amount of Bob Arum net worth a lot.