He has three children, John, Richard and Elizabeth, from his previous marriage.World champions now fighting for him include Floyd Mayweather Jr. , Erik Morales , Diego Corrales, Andrew Lewis, Jose Luis Castillo, Bones Adams, Paulie Ayala, Antonio Diaz and Eric Morel .His finest achievement in boxing came on the night of November 5, 1994, when George Foreman shocked the world by knocking out IBF/WBA champion Michael Moorer. After the dramatic knockout, an ecstatic Arum rushed into the ring to embrace the two-time world heavyweight champion.One of his proudest promotional achievements came to life on April 10, 1980 in Atlantic City, when middleweight Frank "The Animal" Fletcher decisioned Ben Serrano, and ESPN's weekly "Top Rank Boxing" series was born.In 1962, he was given the assignment of securing proceeds from the Floyd Patterson - Sonny Liston heavyweight title fight, which were rumored to be heading out of the country. While handling the resulting litigation, he met many of the biggest names in boxing and immediately became fascinated by the fistic world.He left the Justice Department in 1965 and became a partner in Louis Nizer 's law firm. He met football great Jim Brown , who introduced him to Muhammad Ali .Promoted the first fight he ever attended, Muhammad Ali 's title bout with George Chuvalo in March, 1966, through a company he organized, Main Bout, Inc., and also promoted Ali's fights with Henry Cooper , Brian London, Karl Mildenberger, Cleveland Williams and Ernie Terrell prior to Ali's involuntary suspension from boxing.His rise in the 1970s culminated at the New Orleans Superdome on September 15, 1978, where he promoted a then-record-tying four world title fights (Ali-Spinks II, Victor Galindez-Mike Rossman, Danny Lopez -Juan Malvares and Jorge Lujan-Albert Davila).He graduated from New York University, where he was student body president, in 1953, and cum laude from Harvard Law School in 1956.In promoting champions like Muhammad Ali , Roberto Durán , George Foreman , Joe Frazier , Larry Holmes , Marvelous Marvin Hagler , Alexis Arguello , Carlos Monzón , Iran Barkley , Thomas Hearns , Sugar Ray Leonard , 'Ray 'Boom Boom' Mancini', James Toney , Terry Norris, Rafael Ruelas, Gabriel Ruelas and Oscar De La Hoya , with superfights such as Hagler-Leonard, Chavez-De La Hoya, Holyfield-Foreman, Foreman-Moorer, Leonard-Hearns, Hagler-Hearns, Ali-Frazier II and both Ali-Spinks fights, he has participated in most of the top-grossing fights in boxing history. Still, he has remained low profile in a highly visible sport.