American Announcer
#1 in Hosts today
As of 2024, Michael Buffer has a net worth of $500 million. Buffer earns $200,000 per fight making him the highest-paid announcer in the world. He is known for his trademarked catchphrase: “Let’s get ready to rumble!“.
But all his net worth did not just come from his work as an announcer. Michael Buffer also has given voice over to many video games, making an estimated $10 per title.
In 1984, Buffer developed the catchphrase “Let’s get ready to rumble!” in his announcing, which gained enormous popularity.
He obtained trademark for the phrase in 1992 and since have licensed it for hundreds of events. He earned $390 million through such licensing deals.
Michael Buffer Net Worth 2024 (Forbes)
Net Worth | $500 Million |
Annual Income | $69 Million |
Salary | $200,000 per fight |
Cash in Bank | $48 Million |
Inheritance | $1 Million |
Divorce Settlements
Michael Buffer has gone through two divorces, which has cost him heavily. He divorced his second wife in 2003 at the peak of his career by paying a lumpsum of $36 million to his ex-wife. Buffer also lost two real estate properties valued at $10 million in the settlement process.
Investments
Half of Michael Buffer’s net worth is in the form of investments in stock market holdings and real estate properties. He owns $15 million worth of Apple Shares and $13 million in Berkshire Hathaway. Michael Buffer also owns a huge number of Mansions, apartments, and villas. Every month, he earns more than $6.5 million in rental income from his properties.
25 Facts about Michael Buffer
- Birth: Michael Buffer was born on November 2, 1944, in Philadelphia, Pennsylvania, USA.
- Early Life: He was raised in a foster home and later adopted by the Buffer family, which is how he got his last name.
- Career Start: Buffer initially worked in various jobs, including as a car salesman and a model.
- Trademark Phrase: He became famous for his trademark catchphrase, “Let’s get ready to rumble!”
- Boxing Announcer: Buffer is best known as a ring announcer for boxing and professional wrestling matches.
- Debut: He made his debut as a ring announcer in 1982.
- Trademark Tuxedo: Buffer is often seen in his trademark tuxedo when announcing fights.
- Voiceover Work: He has also provided voiceovers for video games, commercials, and movies.
- Net Worth: As of today, Buffer’s net worth was estimated to be around $500 million.
- Half-Brother: He is the half-brother of fellow ring announcer Bruce Buffer, who is known for his work in the UFC.
- Catchphrase Copyright: Buffer has a copyright for his famous catchphrase, allowing him to earn royalties whenever it’s used.
- Iconic Moments: He has announced some of the biggest boxing matches in history, including Mike Tyson vs. Evander Holyfield.
- Health Struggles: Buffer has battled throat cancer and has undergone surgery for his vocal cords.
- Book Author: He authored an autobiography titled “Let’s Get Ready to Rumble!: My Life in Boxing.”
- Acting: Buffer has made cameo appearances in several films and TV shows.
- Marriages: He has been married multiple times and has several children, which resulted in a significant dent to this wealth.
- Boxing Hall of Fame: In 2012, Buffer was inducted into the International Boxing Hall of Fame.
- Trademark Disputes: He has been involved in legal battles over the use of his catchphrase without permission.
- Philanthropy: Buffer has supported various charitable causes and organizations.
- Worldwide Fame: His catchphrase has made him a household name around the world.
- Iconic Voice: Buffer’s deep and resonant voice is instantly recognizable.
- Personal Brand: He has built a successful personal brand around his image and catchphrase.
- Business Ventures: Buffer has been involved in various business ventures, including a line of merchandise.
- Legacy: He is considered one of the most iconic ring announcers in the history of combat sports.
- Favorites: Michael Buffer loves bacon. He is also a frequent visitor to McDonald’s.
Frequently Asked Questions
For regular events, Michael Buffer earns $200,000 per fight. For special and high profile events, he is paid more than $1.5 million per fight.
Michael Buffer became one of the richest announcers through licensing his catchphrase ‘Let’s get ready to rumble!’.
Michael Buffer’s net worth is estimated to be $500 million.