Robert Arum, or as he’s commonly known as Bob Arum, is an American boxing promoter and founder of the famous promotional company Top Rank. The company has represented some of the greatest fighters of all time and still represents a whole host of top-level fighters. Arum was the pioneer for the pay-per-view concept in boxing.
His early life was completely directed towards law. He passed out of Harvard Law School and worked in the United States Department of Justice. However, this changed in 1965 when Bob Arum noticed the opportunity to get into the sport. He started with a bang, representing the most famous fighter at the time, Muhammad Ali.
However, the charismatic American has also had his fair share of controversies over the years. Most notably with UFC president Dana White. And most recently, his public spat with his own fighter, Terence Crawford.
According to reports, Bob Arum has hosted a total of 9,000 fights since they started. These have come on 1,500 events across 22 countries across the globe. This is a testament to the global brand Top Rank has built over the years.
Top Rank was also the first promotional company to deliver a live broadcast on HBO. Furthermore, Bob Arum was also the brains behind the promotion of Floyd Mayweather vs Manny Pacquiao; the most lucrative single-night sporting event in history.
Being Tyson Fury’s co-promoter, Bob Arum has a busy 2021 boxing schedule. He will have to fix up a massive fight between Fury and Joshua. Arum’s other fighters like Terence Crawford are also on the verge of high-profile fights. Thus, Arum’s 2021 will be a treat for fans.
According to wealthypersons.com, Arum has a reported net worth of $300 million in 2021. Despite being a fully qualified Lawyer, his main source of income is his boxing company, Top Rank. And his aforementioned Mayweather-Pacquiao event is easily his most lucrative event in his career.
The American has also set up other big fights such as Marvin Hagler vs. Roberto Duran and Hagler vs. Thomas Hearns. He also represented stars like Manny Pacquiao, Oscar De La Hoya, and others in the past.
Given the fights on the horizon in 2021 for Arum, we expect this value to go even higher for the famous boxing promoter.
|Address/Residence||Las Vegas, Nevada, USA|
|Net worth||$300 million|