Carmen Basilio Net Worth (Updated 2025).

Carmen Basilio, born in 1927 in Canastota, New York, was raised in a family of Italian immigrants. From a young age, he was captivated by the sport of boxing, a passion that would eventually lead him to the pinnacle of his profession. Basilio’s journey began in the local gyms and amateur circuits of upstate New York, where he honed his skills and developed his signature aggressive fighting style.

In 1948, at the age of 21, Basilio turned professional, stepping into the ring for the first time as a paid fighter. His talent was evident from the start, and he quickly racked up an impressive string of victories. By the mid-1950s, Basilio had established himself as a formidable contender in the welterweight division, attracting the attention of boxing fans and critics alike. His fame grew with each fight, as he consistently delivered exciting, action-packed performances that showcased his skill, courage, and determination.

Carmen Basilio’s Current Net Worth (2025)

As of 2025, Carmen Basilio’s net worth is estimated to be around $5 million. This figure takes into account his successful boxing career, earnings from his restaurant ventures, and other investments.

Career

Carmen Basilio, born in 1927, is a retired American professional boxer. He held the World Welterweight and World Middleweight titles during his career. Basilio’s notable fights include his two bouts against Sugar Ray Robinson, which are considered among the greatest fights in boxing history. He retired in 1961 with a record of 56 wins, 16 losses, and 2 draws.

Other Ventures

After retiring from boxing, Basilio ventured into the restaurant business. He opened several restaurants in upstate New York, including ‘Basilio’s’ in Rochester and ‘Carmen’s’ in Syracuse. These restaurants were popular for their Italian cuisine and catered to both local residents and boxing fans. Although some of these restaurants have since closed, Basilio’s legacy in the culinary scene remains.

Assets

Carmen Basilio’s assets include real estate properties in upstate New York, primarily in Rochester and Syracuse. He also owns a collection of boxing memorabilia, including his championship belts and fight-worn gloves, which are considered valuable by boxing enthusiasts. Additionally, Basilio’s estate includes investments in stocks and bonds, contributing to his overall net worth.

Annual Income

As a retired boxer and restaurant owner, Carmen Basilio’s annual income is primarily derived from his investments and the royalties from his boxing career. While the exact figure is not public, it is estimated to be in the range of $200,000 to $300,000 per year. This includes income from his boxing memorabilia, restaurant earnings, and investment dividends.

Frequently Asked Questions about  Carmen Basilio

Carmen Basilio Net Worth FAQs

1. What is Carmen Basilio’s net worth?

Carmen Basilio’s net worth is estimated to be around $5 million.

2. How did Carmen Basilio make his money?

Carmen Basilio made his money primarily through his professional boxing career. He was a two-time world champion and had several high-profile fights.

3. When was Carmen Basilio born?

Carmen Basilio was born on December 2, 1927.

4. Where was Carmen Basilio born?

Carmen Basilio was born in Canastota, New York.

5. What was Carmen Basilio’s boxing record?

Carmen Basilio’s boxing record was 56-16-7 with 27 knockouts.

6. Who was Carmen Basilio’s most famous opponent?

Carmen Basilio’s most famous opponent was Sugar Ray Robinson, whom he fought twice.

7. When did Carmen Basilio retire from boxing?

Carmen Basilio retired from boxing in 1961.

8. What is Carmen Basilio’s height?

Carmen Basilio was 5 feet 10 inches tall.

9. What weight class did Carmen Basilio compete in?

Carmen Basilio competed in the welterweight and middleweight divisions.

10. Is Carmen Basilio in the Boxing Hall of Fame?

Yes, Carmen Basilio was inducted into the International Boxing Hall of Fame in 1990.