George Foreman Earned $240M from Grill Royalties and Equity

George Foreman earned an estimated total of $240 million from his grill deal, which included receiving $5 million per month at its peak in royalties. Instead of upfront payments, the deal was structured as a joint venture, allowing Foreman to receive a 40% royalty from each sale. His stake was later bought by Salton Inc. for $127.5 million in cash and $10 million in stock. This strategy of ownership rather than traditional endorsements created significant recurring cash flows. This matters for ordinary investors as it highlights the potential benefits of equity ownership in building wealth.