Thomas "Hitman" Hearns net worth: Thomas Hearns is an American former professional boxer who has a net worth of $450 thousand. Thomas "Hitman" Hearns was born in Memphis, Tennessee in October 1958. He is the first boxer to win world titles in four different divisions. Hearns is also the first fighter to win five world titles in five divisions. In both 1980 and 1984 he was named Fighter of the year by The Ring magazine. He finished his professional boxing career with a record of 61 – 5 – 1 with 48 knockouts. Hearns held the WBA Welterweight Championship, the WBC Light Middleweight Championship, the WBC Light Heavyweight Championship, the WBC Middleweight Championship, the WBO Super Middleweight Championship, the WBA Light Heavyweight Championship, the WBU Cruiserweight Championship, and the IBO Cruiserweight Championship.
His mother Lois is a fight promoter in Detroit, Michigan. Hearns Entertainment has promoted many boxing cards including a Mike Tyson fight in 2000. Thomas' son Ronald Hearns is also a boxer.
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Hearns vs. Leonard Earnings: In 1981, Hearns was carrying a 32-0 professional record when he agreed to fight Sugar Ray Leonard. He ended up suffering his first professional loss. On the plus side, Thomas and Sugar Ray earned a combined $17 million for the fight, the same as $50 million in today's dollars. It was the largest purse in sports history at that point.
Financial Problems: In 2010, Thomas was forced to auction off a number of possessions after reportedly accruing around $450,000 debt to the IRS. Marvin would later explain that he accrued the debt after being overly generous towards his large extended family. Items in the auction included a beloved 1957 Chevy, three boats, a motorcycle and memorabilia. He fully satisfied the debt.
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