Ad Wolgast in the ring before the Owen Moran
July 4, 1911
"Ad Wolgast has been deprived of his lightweight crown, but he has enough of earthly wares to act as somewhat of a balm. Manager Tom Jones made the statement yesterday that during the three years that Wolgast was the lightweight champion of the world he made $240,000. Half of this big fortune was made up in purses and the rest was accumulated in bets, theatrical engagements, and outside investments.
"The beauty about it,too," said Jones, "Is that the German has been whitty enough to keep the major part of it. I venture to say that he is worth close to $200,000 today. He has property in Los Angeles valued at $161,000, and he has his ranch in Michigan. His money has been wisely invested and Wolgast has never handled more than $300 in his life."
"Wolgast will be one champion who will not go the ways of his predecessors. He is far from through with the boxing game, but when he does retire he can settle down and be comfortably fixed for the rest of his life."
Tom Jones
November 30, 1912
San Francisco Chronicle
