Bob Arum Net Worth
Bob Arum net worth: Bob Arum is a professional boxing promoter who has a net worth of $300 million. Bob Arum was born in New York City, NY in December 1931. He is the founder and CEO of Top Rank. Arum is a graduate of Harvard Law School and worked for the United States Department of Justice. As a boxing promoter Arum worked with Muhammad Ali and promoted big time fights like Marvin Hagler vs. Roberto Duran and Hagler vs. Thomas Hearns. He was responsible for a double header in 1986 which featured James Shuler. Shuler went to Arum's hotel room to thank him and ended up dying in a motorcycle accident ten days later. Some of the big name fighters Arum has worked with over the years include Michael Carbajal, Oscar De La Hoya, Manny Pacquiao, Erik Morales, Julio Cesar Chavez, Miguel Cotto, and Antonio Margarito. Arum has mostly focused on the Southwest United States and has promoted cards for a Spanish language network. He was inducted into the International Boxing Hall of Fame in 1999. For forty years Arum has been feuding with rival promoter Don King. Top Rank was raided by the FBI in 2004 for allegations of fixing. Arum has also been involved in a feud with UFC President Dana White.