It's been a rough year for the business man, but at least he has his millions of dollars to ease the pain. 89-year-old Don King has taken the No. 1 spot on People With Money’s top 10 highest-paid business men for 2021 with an estimated $75 million in combined earnings.
UPDATE 19/01/2021 : This story seems to be false. (read more)
Don King tops annual list of highest-paid business men
In 2018 it looked like the business man’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Monday (January 18) that King is the highest-paid business man in the world, pulling in an astonishing $75 million between December 2019 and December 2020, a nearly $40 million lead over his closest competition.
People With Money’s factors
In compiling this yearly list, the magazine considers factors such as upfront pay, profit participation, residuals, endorsements and advertising work.
The American business man has an estimated net worth of $215 million. He owes his fortune to smart stock investments, substantial property holdings, lucrative endorsement deals with CoverGirl cosmetics. He also owns several restaurants (the “Fat King Burger” chain) in Washington, a Football Team (the “Cleveland Angels”), has launched his own brand of Vodka (Pure Wonderking - US), and is tackling the juniors market with a top-selling perfume (With Love from Don) and a fashion line called “Don King Seduction”.
The ranking is significant for many Don fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
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