Battle Over Ali’s $50 Million-Dollar Estate

Muhammad Ali passed away at the age of 74 after a 32-year battle with Parkinson’s disease. Forbes estimated his net worth at $50 million, earning millions in historic fights like ‘Thrilla in Manila’ and ‘Rumble in the Jungle.’ Ali also retained 20% interest in his business GOAT LLC, generated millions from his name, and owned property in multiple states. Now, his wife, nine children, exes, and brother look to inherit with his wife, Lonnie, acting as will executor.

See Regina F. Graham & Ollie Gillman, Ali’s Family to Spar Over His $50 Million Fortune: Fourth Wife Lonnie Will Act as Executor as His NINE Children, Exes and Brother Prepare to Enter the Ring for a Slice of Inheritance, Daily Mail, June 4, 2016.

Special thanks to Joel Dobris (Professor of Law, UC Davis School of Law) for bringing this article to my attention.