Buster Douglas Net Worth

Buster Douglas Net Worth. James “Buster” Douglas (born April 7, 1960) is an American former professional boxer who competed between 1981 and 1999. He reigned as undisputed world heavyweight champion in 1990 after knocking out Mike Tyson to win the title. He also defeated heavyweight world champions Oliver McCall, Trevor Berbick, and Greg Page.

Douglas was a 42-to-1 underdog going into his 1990 fight against Tyson, who was undefeated and considered to be the best boxer in the world for his domination of the division over the previous three years. Defying expectations, Douglas would knock out Tyson in the 10th round to claim the WBC, WBA, and IBF titles. He reigned as the world heavyweight champion for eight months until he was defeated by Evander Holyfield in his only title defense. Retiring shortly after the loss, Douglas returned to boxing between 1996 and 1999 until he retired a second and final time.

Early life

The son of professional boxer William “Dynamite” Douglas and Lula Pearl Douglas, Douglas grew up in Columbus, Ohio, in the predominantly black Linden neighborhood of Windsor Terrace. His father ran a gym at the Blackburn Recreation Center near Downtown Columbus and subsequently introduced young James to boxing (in the same way James would later bring his son Lamar to the same gym). He attended Linden McKinley High School, where he played football and basketball, leading Linden to a Class AAA state basketball championship in 1977. After high school, Douglas played basketball for the Coffeyville Community College Red Ravens in Coffeyville, Kansas, from 1977 to 1978; the 17-year-old was a 6’0″ power forward. He is in the Coffeyville Community College Men’s Basketball Hall of Fame.^[2] He also played basketball at Sinclair Community College from 1979 to 1980 in Dayton, Ohio, before attending Mercyhurst University on a basketball scholarship. He moved back to Columbus to focus on boxing.

What is Buster Douglas’ Net Worth?

Net Worth: $15 Million

Date of Birth: Apr 7, 1960 (63 years old)

Place of Birth: Columbus

Gender: Male

Height: 6 ft 3 in (1.92 m)

Profession: Professional Boxer

Nationality: United States of America

Buster Douglas is a retired American boxer who was at one point the world heavyweight champion. Buster Douglas has a net worth of $15 million.

Buster Douglas is best known as the fighter who scored an earth-shattering upset when he knocked out the-then undefeated Mike Tyson on February 11, 1990 in Tokyo, Japan. At the time, Tyson was considered the best boxer in the world and one of the most feared heavyweight champions in history.

Tyson was such an overwhelming favorite that only one casino in Vegas made odds on the fight. The Mirage had Douglas as a 42 to 1 underdog for the fight, making his victory, in commentator Reg Gutteridge’s words, “…the biggest upset in boxing history, bar none.”

Douglas held the title for eight months and two weeks. On October 25, 1990 Buster was defeated by a 28-year-old, 6-foot-2-inch, 208-pound Evander Holyfield via a third-round KO (knock out) in Buster Douglas’ only title defense.

Career Earnings

Buster earned earned approximately $3 million when he defeated Tyson. He then earned $24.1 million, the largest purse ever up to that point, to fight Evander Holyfield. After adjusting for inflation, $24.1 million is equal to $43.5 million today. Holyfield earned $8 million. In total between these two fights alone, Buster earned $27.1 million, which is the same as around $56 million in today’s dollars.