Here's Who Inherited Muhammad Ali's Money After He Died

Posted by Reinaldo Massengill on Tuesday, June 11, 2024

Lonnie Ali seems like a central character in the story of the Ali family, whether or not the rumors of her $12 million inheritance have any validity. Lonnie Ali is a relatively public figure, a kind of ambassador of her late husband's brand. Her biography, hosted by the website of the Michael J. Fox Foundation (an organization dedicated to Parkinson's research, patronized by the Ali family), reveals that Lonnie was born in Louisville, Kentucky. She was a childhood friend of her future husband, at one point living across the street from him. She earned a BA at Vanderbilt University in 1978. According to the New York Times' account of their marriage, she was 29 in 1986.

She was the champion's fourth wife; he already had nine children. None of this proved any obstacle. Lonnie even converted to Islam ahead of the marriage. In 1992, six years into their marriage, Lonnie became the de facto manager of GOAT, Inc., the company that licenses Ali's image. Eventually she rose to vice president, a position she held until 2006, when GOAT, Inc. was sold. Since 2006, she has managed her husband's philanthropic enterprises. Her relationship with Ali's various children remains, for the most part, a private affair.

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