Net Worth Ranker
What Is Randall “Tex” Cobb’s Net Worth?
Randall “Tex” Cobb, the multifaceted personality known for his stints as an actor, martial artist, and professional heavyweight boxer, has accumulated a net worth of approximately $1 million. This estimation reflects his earnings from various ventures spanning across different entertainment and sports industries.
Randall “Tex” Cobb’s Boxing Career and Earnings
Cobb’s boxing career, which spanned from 1977 to 1993, saw him participating in a total of 49 professional fights. He secured 42 wins, with a significant portion of them achieved by knockout. This robust performance not only established his reputation in the boxing world but also contributed substantially to his overall earnings. Although specific monetary figures for each fight are not publicly available, it is reasonable to assume that his earnings grew as he climbed up the heavyweight ranks and faced more prominent fighters. His victories over notable boxers, such as Leon Spinks and Bernardo Mercado, would have significantly increased his earning potential due to higher viewership and potentially larger payouts from promoters. His 1982 bout against Larry Holmes for the WBC World Heavyweight Championship would have been the highest grossing fight in his career to date. Although he was ultimately defeated by unanimous decision, the exposure and purse from such a high-profile match would have provided a substantial financial boost.
In his early boxing career, Cobb made his professional debut in early 1977 at the El Paso County Coliseum, where he knocked out Pedro Vega. His initial matches were essential in building his reputation and were crucial to securing more lucrative fights later on. He went on to win all of his fights over the rest of the year, each one by knockout, establishing a pattern of dominance. Throughout 1978 and 1979, Cobb maintained his undefeated streak, with each victory adding to his marketability. However, his first loss came in 1980 against Ken Norton, who won by split decision. Despite the setback, Cobb continued to participate in high-profile matches, like his fight against Michael Dokes in 1981, where he suffered another loss. Cobb later secured significant wins against Harry Terrell, Bernardo Mercado, and Jeff Shelburg, demonstrating his resilience and consistent activity in the boxing scene. These fights not only sustained his career but also played a crucial role in boosting his net worth.
The details of Cobb’s contracts and specific payouts per fight remain private. However, considering the standard practices within professional boxing, it can be inferred that Cobb’s earnings would have varied based on the status of his opponents, the venue, and the overall appeal of the match. His later career included a series of fights in the late 1980s and early 1990s, marked by a mix of wins, losses, and even a draw against Bill Duncan. Notable victories during this period, such as those against Aaron Brown, Michael Johnson, and Leon Spinks, likely contributed to a steady income stream. Despite a hiatus and a controversial return in 1992, Cobb continued to box, adding to his financial portfolio through fight purses and endorsements.
Acting Career and Financial Contributions
Cobb transitioned into acting, with his debut in the 1979 remake of “The Champ”. Although precise earnings from his acting roles are not publicly detailed, his consistent appearances in both film and television have undeniably added to his net worth. His role in “Uncommon Valor” in 1983 marked his entry into action films. Cobb’s acting career took off in the mid-1980s, featuring in television films such as “Braker” and episodes of series like “Code of Vengeance” and “Hardcastle and McCormick,” expanding his exposure and income beyond sports. A significant role followed in the 1986 Eddie Murphy film “The Golden Child.” 1987 was particularly productive, with appearances in four theatrical films: “Critical Condition,” “Police Academy 4: Citizens on Patrol,” “Buy & Cell,” and “Raising Arizona.”
His role as Leonard Smalls in “Raising Arizona” remains one of his most memorable, showcasing his versatility as an actor. His film and television credits in the late 1980s include the television film “The Dirty Dozen: The Deadly Mission” and episodes of popular series such as “Miami Vice,” “Moonlighting,” and “Frank’s Place,” further diversifying his income sources. In 1988, he also made a guest appearance on “MacGyver.” The late 1980s also saw Cobb in films like “Fletch Lives,” “Collision Course,” and “Blind Fury,” each contributing to his overall income and establishing him as a recognizable face in Hollywood. Throughout the 1990s, he continued to secure roles in various films and television series. He appeared in the film “Ernest Goes to Jail” in 1990 and had a guest role in the television series “In the Heat of the Night.” Additional roles in films such as “Raw Nerve” and “Diggstown,” along with appearances in television sitcoms “Married… with Children” and “Shaky Ground,” maintained his presence in the entertainment industry. His participation in films such as “Ace Ventura: Pet Detective” and “Naked Gun 33⅓: The Final Insult” in 1994 added to his continued success. Notably, he starred in “Liar Liar,” another Jim Carrey film, and appeared on “Walker, Texas Ranger,” further solidifying his presence in mainstream entertainment. Cobb’s return to “Walker, Texas Ranger” for the series finale in 2001, along with an episode of “The X-Files” and his role as Lieutenant Munson in the film “Vice,” ensured a consistent flow of income from his acting endeavors. While the specific salaries for these roles are not disclosed, they collectively contributed to his net worth, supplementing his earnings from boxing and other ventures.
As an actor, Cobb benefited from residuals and royalties associated with his appearances in popular films and TV shows. These payments, which can continue for years after the initial release, can provide a steady supplementary income stream, further enhancing his financial stability.
Early Life, Education, and Other Ventures
Randall Cobb was born on May 7, 1950, in Bridge City, Texas, and was raised in Abilene, where he attended Abilene High School. His initial experiences and education laid the foundation for his later career. Cobb attended Abilene Christian University but left at the age of 19. He began training in karate, which later led him to kickboxing and eventually professional boxing. Cobb’s early career in martial arts and kickboxing helped build his physical prowess and competitive spirit. He won his first nine kickboxing matches, all by knockouts, and defeated David Ochoa in the first professional kickboxing event in El Paso, Texas, in 1975. These early victories earned him a contract with boxing guru Paul Clinite and set the stage for his career in professional boxing. His transition from martial arts to kickboxing and boxing was not only a career shift but also a strategic move that broadened his earning potential.
After earning his black belt, he transitioned to kickboxing, a decision that expanded his opportunities in combat sports. His record in kickboxing, where he won his first nine matches by knockout, demonstrates his early success in the fighting world. Beyond boxing and acting, details about other business ventures or investments that Cobb may have undertaken are not widely publicized. It’s conceivable that he has engaged in personal investments or entrepreneurial activities that contribute to his overall financial health. In 2008, Cobb graduated magna cum laude from Temple University with a bachelor’s degree in sport and recreation management, demonstrating a commitment to education and personal growth that reflects positively on his ability to manage his affairs, including his financial situation. This degree may have provided him with additional tools and insights into managing his finances and exploring new opportunities. Cobb’s decision to pursue higher education at a later stage in life underscores his understanding of the importance of continuous learning and personal development, both of which can indirectly influence his financial stability and net worth.
