He also had a very excellent career in the film industry. Both of his parents were sharecroppers. He admitted later in life that during his peak financial earning years he was far too generous with friends and family and not a very good businessman. We welcome all corrections and feedback using the button below. He has also been popularly known as 'Smokin Joe'. He became famous for his battles with another boxing legend Muhammad Ali, the opponent he defeated only once. The former world heavyweight champion, who made millions of dollars from his many bouts and appearances in films/television shows, found himself to be bankrupt and living in near poverty after his boxing career. Ali-Frazier I: One Nation Divisible (2000)as Himself, Your email address will not be published. The Frazier-Ali trilogy was among his most famous fights in boxing. At around the time of his death, Joe Frazier was estimated to have a net worth of around $100 thousand. That was his, hi," Hopkins said. Later that year, Ali participated in what was hailed as the fight of the century when on March 8th he went up against heavyweight title holder Joe Frazier at Madison Square Garden. John had excellent skills that ensured he was able to win various tournaments. On March 8, 1971, in a fifteen rounds duel in New Yorks Madison Square Garden, Joe Frazier won the fight against the legendary Muhammad Ali, who was defeated for the first time in the professional ring. The highly competitive contest saw Frazier losing the first two rounds, but coming on strong after the third round with powerful left hooks. They got divorced in 1986 and Ali married Yolanda Williams, who had been his close friend since 1964. His refusal to be drafted was lauded and supported by Civil Rights activists, with Al Sharpton speaking out about Ali's bravery and his energizing force behind the movement. Durham was Frazier's chief trainer and manager until Durham's death in August 1973. 2023 Celebrity Net Worth / All Rights Reserved, plus $35k for each film held in trust plus $250/week for her mother. Boxer Muhammad Ali steps away from a punch thrown by boxer Joe Frazier during their heavyweight title fight at Madison Square Garden in 1971.