Summary: James J Braddock, also known as the “Cinderella Man,” was a professional boxer who became world heavyweight champion in 1935. His net worth varied throughout his life but upon his death, he left behind a modest estate of around $20,000.
1. Early Life and Career
James J Braddock was born in Hell’s Kitchen, New York City in 1905. He began boxing as a teenager to make some extra money for his family. Despite being a talented boxer, he struggled to make a name for himself in the ring until he was given the opportunity to fight for the heavyweight championship in 1935. Braddock was the underdog, but he famously defeated Max Baer to become the world heavyweight champion.
After winning the championship, Braddock became a well-known figure and began making appearances in films and on television. He also invested in real estate, buying apartment buildings in New Jersey and New York City. However, his net worth at the time is unknown as he never disclosed his financial information to the public.
In 1937, Braddock lost his title to Joe Louis and retired from boxing. He continued to work in the boxing industry as a referee and commentator. During World War II, he worked in a shipyard to support the war effort. His net worth during this time is also unknown, but it is believed that he lived a simple and modest life.
2. The Cinderella Man Movie
In 2005, Ron Howard directed a biographical film about James J Braddock’s life called “Cinderella Man.” The film starred Russell Crowe as Braddock and was a critical and commercial success.
The film painted a picture of Braddock’s life as a struggle against poverty and hardship. It portrayed him as a hero who was able to overcome great odds to become the heavyweight champion of the world. The film’s success helped to bring attention back to Braddock’s life and career, but it did not significantly impact his net worth.
Today, the film is considered a classic sports movie and is often used as an example of inspirational filmmaking.
3. Legacy and Philanthropy
In addition to his boxing career and real estate investments, James J Braddock was also known for his philanthropic work. During the Great Depression, he frequently donated money to local charities and food banks. He also worked with organizations that supported education and healthcare for underprivileged children.
After he retired from boxing, Braddock became a member of the New Jersey State Athletic Commission, where he worked to improve boxing safety regulations. He also frequently visited hospitals and schools to meet with patients and students and offer words of encouragement.
Braddock died in 1974 at the age of 69. At the time of his death, his estate was valued at around $20,000. However, his legacy as a boxer and philanthropist continues to live on today.
James J Braddock’s net worth fluctuated throughout his life, but he was never overly concerned with financial success. He remained humble and dedicated to giving back to his community, both during and after his boxing career. Today, he is remembered as a true underdog who defied the odds and became a champion, both in the ring and in his personal life.