George Foreman

He is a retired boxer who found success in an unusual product, a fat-reducing grill. Before that, George Foreman earned a gold medal in the 1968 Summer Olympics for the heavyweight division. The next year he made an unbelievable record after defeating thirteen opponents, with 11 of them being a knockout win. In 1977, he announced his retirement from boxing but came back after 20 years.

Salton Inc. approached George in 1994, to be its spokesperson and it turned out amazing as the George Foreman Grill sold more than 100 million units by 2009. It’s uncertain how much he was able to earn from endorsing the grill, but according to Celebrity Net Worth, the company gave Foreman a check in 1999 for $138 million just to use his name. In “a conversation” he had with AARP, the former boxer boasts that there were months where he received $8 million for his venture. As of 2020, he might not need cash loans as his net worth is amounting to $300 million.