Joe Frazier, also known as "Smokin' Joe" was a World Heavyweight Champion boxer with a net worth of $100 thousand. Joe Frazier earned his net worth through years in the boxing ring, his cameo appearances in films/television and is the owner of a boxing gym in Philadelphia. He was born in Beaumont, South Carolina and is an inductee of the International Boxing Hall of Fame, and the World Boxing Hall of Fame. Joe was most famous for beating Muhammad Ali in 1971′s "Fight of the Century" which took place at New York City's Madison Square Garden. It was Ali's first professional loss in his career. Frazier struggled financially after his boxing career. 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. On November 8th, 2011 Frazier died of liver cancer. Boxing champ Floyd Mayweather, a huge fan of Smokin Joe, offered over twitter to pay for Frazier's funeral costs.