Moody, an Alabama native, told the pro wrestling website PWTorch.com last year that had a degree in mortuary science. He said he was a licensed funeral director and embalmer. He was called to WWE chairman Vince McMahon's office about taking the job as Undertaker's manager without the company knowing his true background.
"It was one those had-to-be-there moments when Vince realized I was the real thing, the real deal," Moody told the website. "I was the real Undertaker."
Moody battled health and weight problems and worked on and off for the company after 2002.
Foley said he babysat Moody's children and called him "Uncle Paul." The Paul Bearer character will be remembered most for the soap opera twists in his relationship with The Undertaker, still one of the premier stars of the company.
"It just seemed so bizarre," Foley said in a telephone interview. "But at the same time, he was a perfect fit for The Undertaker. They went on to become iconic figures in our profession."