Ray Mancini Net Worth: Ray Mancini is a retired American boxer who has a net worth of $5 million. He is the son of a former fighter. A native of Youngstown, Ohio, Mancino is most known for holding the World Boxing Association lightweight championship from 1982 to 1984. He was born Raymond Michael Mancino on March 4, 1961, in Youngstown, Ohio.
Ray Mancini is the son of renowned boxer Lenny “Boom Boom” Mancini, and he has followed in his father’s footsteps, having acquired his physical ability and, later, his distinguishing nickname.
Ray Mancini began his professional career in 1979, following a distinguished amateur career in which he had achieved great success. His whirlwind punching style, in fact, was what drew the notice of network executives at multiple American television networks, who later invited him to appear on their sports programming on a regular basis.
This was the time period in which Mancini defeated some of the best boxers in the world, including Norman Goins and Jose Luis Ramirez. In 1981, he attempted to win the WBC Lightweight Championship by defeating WBC Lightweight Champion Alexis Arguello. A heroic effort ended in defeat in the 14th round when Mancini lost to Arguello, but he never gave up on his dream of becoming a champion. It took him seven months to realize his dream, and he did so by earning the title for both himself and his father in a fight against Arturo Frias in September.
Mancini successfully defended his WBA lightweight title four times, including a brutal knockout victory over Duk-Koo Kim, who died as a result of the fight. Despite the fact that he was still reeling from the emotional anguish of Kim’s death, Mancini was defeated by Livingstone Bramble in a bout held in Buffalo, New York, in 1984.
A tight decision against Bramble in 1985 led Mancini to decide to call it a day on his professional boxing career. Boom Boom, on the other hand, could be seen in the ring two more times, first losing controversially to Hector Camacho in 1989 (L12) and then more convincingly to Greg Haugen in 1992. (KO by 7).
His defeat to Haugen was the one that put an end to his professional boxing career. After retiring from boxing with a 29–5 record and 23 knockouts, Ray went on to appear in and produce a number of films during his post-boxing career.
During the first round of the 1980 Ohio State Lightweight Championship fight on April 30, 1980, Mancini defeated Bobby Sparks via knockout at 1:28 of the first round. The next year, on May 16, 1981, Mancini won his first major title when he defeated Jorge Morales for the NABF Lightweight championship, which was sanctioned by the World Boxing Council and was decided after the ninth round that Morales couldn’t continue after being knocked out.
“I’m keeping this title for myself,” Ray stated in the post-match interview, referring to the fact that the world championship would be handed over to his father. After a unanimous decision, he was able to successfully defend his championship against José Luis Ramrez two months after winning it. On October 3, Mancini made his maiden try at a world title as he faced off against Alexis Argüello for the WBC lightweight title.
Many publications (including The Ring and ESPN) hailed the battle as one of the most magnificent fights of the 1980s, and it was no exception. Mancini caused Argüello problems early on and took a commanding lead on the scorecards, but Argüello utilized his experience to his advantage in the later rounds and defeated Mancini in the 14th round to win the fight by unanimous decision.