What Is Randall “Tex” Cobb’s Net Worth?
Randall “Tex” Cobb, a multifaceted personality known for his careers as an actor, martial artist, and professional heavyweight boxer, has accumulated a net worth of $1 million. This figure reflects his earnings and investments across various ventures throughout his career.
Boxing Career and Earnings
Cobb’s boxing career spanned from 1977 to 1993, during which he achieved a record of 42 wins and 7 losses. His notable victories include defeating prominent fighters such as Leon Spinks and Bernardo Mercado. While specific financial details of his boxing contracts and earnings per fight are not publicly available, it can be inferred that his success in the ring contributed significantly to his overall net worth. Heavyweight boxing can be a lucrative sport, especially for fighters who achieve a high level of success and recognition. Cobb reached contender status in the heavyweight division, which would have translated into higher purses for his fights.
Acting Career and Income
Beyond boxing, Cobb established himself as an actor, appearing in numerous films and television series. His film credits include roles in “Uncommon Valor” (1983), “Critical Condition” (1987), “Raising Arizona” (1987), and “Liar Liar” (1997). He also made appearances in television series such as “Miami Vice” and “Walker, Texas Ranger.” Although specific salary details for his acting roles are not publicly disclosed, his consistent presence in both film and television suggests a steady stream of income from his acting career. Supporting roles in films, especially those that achieve commercial success, can provide actors with residuals and royalties, contributing to their long-term earnings. Cobb’s role as Leonard Smalls in “Raising Arizona” is particularly memorable and likely contributed to his recognition and subsequent acting opportunities.
Early Life and Education
Randall Cobb was born on May 7, 1950, in Bridge City, Texas, to Norma and Williard Cobb. He was raised in Abilene, where he attended Abilene High School. Cobb later enrolled at Abilene Christian University but left at the age of 19. Subsequently, he began training in karate, residing in a dojo and cleaning mats to earn a living. After attaining his black belt, he transitioned to kickboxing. These early experiences likely instilled a strong work ethic and discipline that served him well throughout his boxing and acting careers. While these early endeavors didn’t directly contribute to his current net worth, they laid the foundation for his future success.
Kickboxing Career
As a kickboxer, Cobb achieved early success, winning his first nine matches, all by knockout. In 1975, he defeated David Ochoa at the first-ever professional kickboxing event held in El Paso, Texas. Following this victory, he signed a contract with boxing guru Paul Clinite. While the specific financial terms of his kickboxing contracts are unknown, it’s reasonable to assume that his success in the sport provided him with a modest income and valuable experience that he later leveraged in his boxing career.
Boxing Career Details
Cobb’s professional boxing debut took place in early 1977, where he knocked out Pedro Vega at the El Paso County Coliseum. Throughout the remainder of the year, he maintained a perfect record, winning all of his fights by knockout. He continued his unbeaten streak into 1978 and 1979, consistently securing knockout victories. After four consecutive wins in 1980, he experienced his first defeat against Ken Norton, who won by split decision. He suffered another loss in 1981 to Michael Dokes. Subsequently, Cobb rebounded with victories over Harry Terrell, Bernardo Mercado, and Jeff Shelburg. In late 1982, Cobb had the opportunity to compete for Larry Holmes’s WBC World Heavyweight Championship but lost by unanimous decision. Following this, he won his next four fights before enduring four consecutive losses, including his only career knockout loss against Dee Collier. After a hiatus of one and a half years, Cobb returned to the ring, defeating Phil Rendine. He then secured knockout wins against Frank Lux, Stan Johnson, Frank Lux again, Louis Pappin, and Rick Kellar. In a match against Bill Duncan, Cobb recorded his first and only career draw. He followed this with wins over Aaron Brown, Michael Johnson, and the legendary Leon Spinks. After a three-and-a-half-year break, Cobb returned in 1992 to fight Sonny Barch. Initially, he was awarded a TKO win, but the ruling was overturned to a no contest after both fighters tested positive for cocaine. Cobb then won his next nine fights before abruptly retiring in 1993. While specific financial details are lacking, it’s evident that Cobb’s boxing career had ups and downs, with periods of success followed by losses. His championship fight against Larry Holmes would have been his most lucrative bout, regardless of the outcome. His later career resurgence also contributed to his overall earnings. It’s worth noting that fighters often receive a percentage of ticket sales and pay-per-view revenue, which can significantly boost their earnings.
Acting Career Specifics
Cobb’s acting debut occurred in the 1979 remake of the boxing film “The Champ.” His next appearance was in the 1983 action war film “Uncommon Valor.” In 1985, he appeared in the television film “Braker” and in episodes of the series “Code of Vengeance” and “Hardcastle and McCormick.” He also had a role in the 1986 Eddie Murphy film “The Golden Child.” 1987 was a significant year for Cobb, as he appeared in four theatrical films: “Critical Condition,” “Police Academy 4: Citizens on Patrol,” “Buy & Cell,” and “Raising Arizona.” His portrayal of outlaw biker Leonard Smalls in “Raising Arizona” is particularly memorable. Also in 1987, Cobb appeared in the television film “The Dirty Dozen: The Deadly Mission” and in episodes of “Miami Vice,” “Moonlighting,” and “Frank’s Place.” The following year, he had a guest role on “MacGyver.” Towards the end of the decade, Cobb appeared in the films “Fletch Lives,” “Collision Course,” and “Blind Fury.” In 1990, Cobb was in the film “Ernest Goes to Jail” and in an episode of the television series “In the Heat of the Night.” Subsequent credits included the films “Raw Nerve” and “Diggstown” and episodes of the television sitcoms “Married… with Children” and “Shaky Ground.” In 1994, Cobb appeared in the films “Ace Ventura: Pet Detective” and “Naked Gun 33⅓: The Final Insult.” Later in the decade, he appeared in another Jim Carrey film, “Liar Liar,” and had a guest role on the television show “Walker, Texas Ranger.” Cobb returned to “Walker, Texas Ranger” for the series finale in 2001. Prior to that, he appeared in an episode of “The X-Files” and played Lieutenant Munson in the film “Vice.” While the exact earnings from each acting role are not available, his extensive filmography suggests a consistent income stream from his acting career. Roles in popular films and television series would have generated higher paychecks and potential residuals, contributing to his overall net worth.
Personal Life and Later Years
Cobb has a son named Joshua who briefly boxed. He also had an older son named Bo who tragically passed away in an accident in 2001. Cobb currently resides in Philadelphia, Pennsylvania. In 2008, he graduated magna cum laude from Temple University with a bachelor’s degree in sport and recreation management. While details about Cobb’s current lifestyle, including his residence and personal investments, are not publicly available, it is known that he pursued higher education later in life. This suggests a commitment to personal growth and intellectual pursuits, which may have influenced his financial decisions and contributed to his overall well-being.
Net Worth Summary
In summary, Randall “Tex” Cobb’s $1 million net worth is the result of his successful careers in boxing and acting. While specific financial details are limited, it can be inferred that his boxing achievements, particularly his championship fight and other high-profile bouts, contributed significantly to his earnings. Additionally, his extensive filmography and television appearances provided a steady income stream over the years. Other ventures may have added to his net worth. The combination of these activities has led to his current financial standing. While exact figures from his various ventures aren’t public, estimating based on the averages of similarly successful athletes and actors places his net worth in the $1 million range. It is important to note that the $1 million net worth figure is an estimate based on available information and may not reflect the precise value of Cobb’s assets. The true value may be higher or lower depending on factors such as investment performance, personal spending habits, and undisclosed financial holdings.