Correct. They remained lifelong friends. Schmeling later became a very successful business man, owning a Coca-Cola bottling plant. He helped out Louis financially and paid for his funeral.
I assume you mean Barbra Streisand, and you are correct. It is amazing how some people's kids pics are so close to their adult appearance (like in this case), and in other cases they are barely recognizable. OK, who is this guy?