Who is Al Haymon and what is his net worth 2018? The American boxing manager, adviser, promoter, who is known to possess a mysterious image away from the public eye, Al Haymon, was born on 21 April 1955. He is the three-time winner of the Boxing Writers Association of America’s Manager of the Year Award (2005, 2012, and 2013). A former New York Times journalist accused Haymon, who functions as both a promoter and manager, for working against the guidelines of the Muhammad Ali Boxing Reform Act which state mandatory separation of boxing promoters and boxing managers.
Al Haymon was born in the town of Cleveland in a family of a clergyman father and an accountant mother, whom Haymon has stated as being his lifelong role model as she owned a successful small business. As a kid, Haymon was an exceptional student enrolling into Harvard University after graduating from the John Adams High School in 1973.
Pursuing a major in Economics, Al was a member of the college’s fresher basketball and rifle shooting teams. In addition to sports, Al was an actively popular student at the Harvard University, as he was the president of the North House residence and a key part of the college’s Afro-American Culture Center. After graduating from Harvard in 1977, Al returned a year later to the Harvard Business School to achieve a degree in business administration.
Haymon’s early days as a promoter began with a music concert in the year 1976. In an interview with Ebony Men, Al stated, “It seemed like something a person like myself, who had absolutely no money at the time and a lot of ideas, could venture into.”
After acquiring a business administration degree from the Harvard Business School, Al was solely focused on becoming a music manager and promoter and thus, formed 14 companies which handled the advertising and production aspects of live concerts promotion, in the following decade.
Al Haymon and partner, Phil Casey, managed to get on board phenomenal musical acts like The O’Jays, Whitney Hudson, LeVert, M.C. Hammer, New Edition, and Mary J. Blige. In an interview with USA Today in 1992, Al claimed to have promoted over 500 shows grossing an estimated total of $60 Million in the previous year. Al Haymon is also credited for the promotion of the highest grossing comedy tour, Eddie Murphy Raw.
Al Haymon entered the boxing world in the year 2000 after selling the greater part of his entertainment and concert promoting business to SFX Entertainment the previous year. His first signing was the American Lightweight boxer, Vernon Forrest. Al Hayman is known best as the current manager and adviser to the elite boxing legend, Floyd Mayweather Jr. Haymon manages and promotes 100 boxers today which include the sport’s finest like Antonio Traver, Andre Berto, Jermain Taylor, Shawn Porter, Austin Taylor, Gerald Washington, Robert Easter Jr., Errol Spence, Dominic Wade, Daniel Jacobs, B.J. Flores, Sergio Mara, etc.
Al Haymon is rarely spotted in interviews and matches, working as a businessman from the darkest corner of the room. In the interview with Ebony Men, Haymon said, “I’m not trying to be a star. I’m trying to be a businessman.”
Haymon received the Al Buck Award for manager of the year from the Boxing Writers Association of America, thrice, in 2005, 2012 and 2013.
Net Worth of Al Haymon
The Cleveland boxing promoter-manager is estimated to have a net worth of $17 million. Haymon was ranked fifth in the top 5 richest boxing promoters list of the Gazette Review.
The American boxing promoter/manager continues to stay away from the limelight, steering away from interviews and public appearances, functioning in silence signing new fighters every now and then.