“Many are the afflictions of the righteous”
Whether Evander Holyfield is a righteous man or not, one thing is clear – he professes his faith wherever he can, reminding the public before and after his fights that he is a born-again Christian.
This fallen hero is in a deep financial trouble, and you may learn a lesson or two from his mistakes. If you are so righteous as to think you have nothing to learn from this “sinful man of God,” then remember the candid advice in 1 Corinthians 10:12 “Let he who thinks he stands take heed lest he falls.”
One of the ring’s most heroic warriors has been defeated not by one of his catalogue of formidable opponents but by the wounds of self-inflicted poverty.
Holyfield, who battled his way out of the ghetto to a $350million (£216.65 million) fortune, is reportedly in a deep financial difficulty. This seems like the deepest cut of all those sustained by so many fighting men who have squandered fortunes. Even Mike Tyson only blew $250m (£154.75 million).
Evander Holyfield is reportedly in trouble for failing to pay child support for Emani Holyfield, his daughter. The boxing legend is apparently being held in contempt for failing to pay $563,900.91 (£349,186.00) in child support for Emani, one of Holyfield’s eleven children with six different women. Holyfield had three very expensive divorces.
According to court documents filed recently in Georgia, Evander was held in contempt and ordered to immediately pay over $3,950 (£2,445.97) a month to clear the debt.
Holyfield immediately paid $17,700, knocking his debt down to a $546,200.91. In spite of this, the judge ordered that a percentage of Holyfield’s income be earmarked to pay down the debt.
But this is just one of many rounds of afflictions suffered by Evander Holyfield whose troubles began in 1999 after Janice, his wife of two years, filed for divorce after he publicly admitted he fathered two children out of wedlock.
Since then Evander Holyfield filed for bankruptcy in 2008 and was evicted from his $10 million, 54,000-square-foot (5,000 m2), 109-room with 17-bathroom mansion after he failed to reach a deal with JP Morgan Chase. The property was auctioned off for $7.5 million.
Toi Irvin, mother of his 10-year-old son, filed suit for non-payment of two months child support (he pays $3,000 per month for this child). A Utah landscaping firm also has gone to court seeking $550,000 in unpaid debt for services.
How could it have come to this?
Many people would not understand how anyone could squander a $350 million fortune in a lifetime.
One of the answers is very simple; the same way any born-again, tongue-talking, demon-chasing Christian with a “small fortune” of a few thousand pounds becomes broke and files for bankruptcy.
Money is relative; If you can’t handle a couple of hundred bucks, you’ll struggle to manage a couple of million pounds. If you find it difficult to save some money when you have £1000, you’ll struggle to manage your account if you have £1million.
Evander Holyfield planned to retire from boxing by his 50th birthday on 19th October. A few weeks after his Golden Jubilee he is having second thoughts about retirement. due to some financial challenges.
Just like Holyfield, many “good” people are equally finding it difficult to take up retirement after 65 years, not by choice, but because their mortgages are not yet paid-off and they’ve still got bills to settle.
The self proclaimed born-again Christian became the first heavyweight since Muhammad Ali to win the World title three times. Today, Holyfield is the only boxer in history to claim the world heavyweight title five times. Holyfield’s career spanned close to three decades and included an infamous rivalry with Mike Tyson.
In order to pay off his debts, Beverly Hills auction house Julien’s have announced for sale, details of a wide variety of personal property and boxing memorabilia belonging to Holyfield.
Championship belts and rings will be sold alongside fight-worn gloves, trunks and robes from throughout Holyfield’s career, spanning his teenage years through to his Olympic success, his classic bouts throughout the 1980s and 90s, and his remarkable career comebacks.
Notable highlights will include the Olympic Light Heavyweight bronze medal won at the 1984 Los Angeles games, a collection of WBC, WBA and IBF Championship belts and rings commemorating the unifying victories which saw him crowned the Undisputed Heavyweight Champion of the world on four occasions.
Aside from historic boxing memorabilia, the sale will feature numerous items from Holyfield’s home including furniture, jewellery, watches and classic cars including a red 1962 Chevrolet Corvette. He was very fond of this because the car was made in the year he was born.
The auction is scheduled to take place in Beverly Hills on November 30, 2012.
Evander Holyfield, one of the greatest boxers on earth is not yet retired at 50, still loves the Lord, but yet he is broke. Don’t let this happen to you!
He has donated millions of dollars to the church and to good causes. Also, he does a lot of charitable works and has also founded The Evander Holyfield Foundation which strives to strengthen the lives of youths and their families by establishing and funding programs dedicated to their athletic, academic and spiritual development.
Below is an extract from the boxing legend’s official website. He is interviewed by Katherine Scrivens;
Question: What do you love most about your life?
EH: I love the fact that I am a Christian and a believer of the Word of God and I have plenty of choices.
Question: What is the best part of your day?
EH: The best part of my day is the morning time, it’s a new day and a new beginning to start all over again.
Question: Do you have a particular positive experience regarding your life that you’d like to share with us?
EH: Accepting Christ and understanding that I am forgiven from any mistake that I ever made and I can always make an adjustment.
Question: If you could go back in time to when you were 20 years old and give yourself some advice – what would it be?
EH: If I could go back to 20 I would tell myself to take my time, you don’t have to be in a hurry to get married.
Question: What do you feel is the greatest lack in the world?
Question: What is your definition of a spiritual person?
EH: Somebody that loves God.
Question: Do you have a life philosophy that you follow?
EH: Love the Lord with all of our heart and mind.
Question: What in your opinion, is the most important thing that parents can give their children to prepare them for life?
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