Author : Adam Admin | Created : 2021-12-14 10:02:00
The two-time former unified world heavyweight champion who held the WBA, IBF, WBO and IBO titles has approximately $80 million in career earnings in 2022
Anthony Joshua is one of the highest-paid professional boxers in the world, according to celebritiynetworth.com, with a net worth of $80 million in 2022. However, news reports announce that his net worth would have been over $180 million up to a few months ago.
The British born boxer began boxing when he was 18 in 2007. Towering at 6 ft 6 in and with a reach of 82 in, it's no surprise that Joshua won Gold at the amateur ABA Championships in category super-heavyweight in 2010 and 2011.
His ascension in the amateur boxing world was surprisingly rapid. The newcomer's domestic success earned him a place on the GB boxing team, where he defeated Amin Isa at the GB Championships in 2010 and became British amateur champion. Earning silver at the 2011 World Championships, Joshua's amateur record of 40-3 impressed the Boxing Writers Club of Great Britain, which named him Amateur Boxer of the year in October 2011.
Joshua went to the 2012 London Olympics as a novice and amateur. There is a lot of controversy around his gold medal at the 2012 Olympics. The judges declared him the winner, while many boxing experts felt he was defeated in the match.
During his time as an amateur boxer, Joshua turned down £50,000 to turn professional, stating that he didn't care for the money but only wanted to win medals. Between 2010 and 2012, Joshua won 4 gold medals and 1 silver medal as an amateur boxer in the super-heavyweight category, growing his domestic and international success.
It is only in 2013 that the British boxer made his professional debut under Matchroom Sport, being finally able to earn money for his matches.
Only one year after turning professional, the British boxer was named Prospect of the Year by The Ring magazine. Indeed, the magazine noticed the unstoppable ascension of the newcomer professional boxer, including for the first time ever an Englishman to their prestigious list.
In 2015, Joshua won the Commonwealth heavyweight title against previously undefeated Scottish boxer Gary Corner. He then defended his title against Dillian Whyte, earning in the process the British heavyweight title. The fight against Whyte earned him £3 million as part of his five-year deal with Matchroom.
In 2016, after claiming the IBF heavyweight champion title from Charles Martin, Joshua successfully defended his title against Dominic Breazeale. Joshua signed a multi-fight deal with US broadcaster Showtime, ensuring the fight against Breazeale would be screened in the US and earning him a PPV revenue. His next fight against former world title challenger Eric Molina peaked at 390,000 viewers on Showtime.
In 2016 Joshua also claimed the WBA(Super) title against Wladimir Klitschko, convincing Klitschko to announce his retirement from boxing the following year. The fight was screened with on average 659,000 viewers on Showtime watching it live and many more watching the delayed tape-replay around the world. This marked the start of Joshua's first reign as unified heavyweight champion, which lasted until 2019.
In 2018, Joshua was reported to earn about $27 million for his match against Alexander Povetkin. Making his US debut and losing his unified heavyweight title against Andy Ruiz Jr. in 2019, it was reported Joshua pocketed $25 million (or £19.3 million)
In December 2019, Josuha reclaimed his unified heavyweight titles against Ruiz Jr, pocketing £60 million. He defended his title against Kubrat Pulev in 2020, earning £10 million, but lost it against Oleksandr Usyk in September 2021. He received PPV bouts of 1,575,000 vs Ruiz Jr, 848,000 vs Pulev, and 1,232,000 vs Usyk.
Joshua is reported to have earned around £120 million (over $160 million) from 25 pro fights, including PPV revenues, endorsement earning and purse payouts.
In March 2021, Joshua signed a two-fight deal with British boxer Tyson Fury, hoping to pocket $100 million for a fight said to become one of the biggest in boxing history, according to promoter Eddie Hearn.
If the fight had taken place as expected in Saudi Arabia, Joshua's net worth would have been $180 million. Unfortunately, the fight was cancelled.
Joshua uses his boxing history as part of his rags to riches narrative, explaining that boxing helped him avoid a life of violence and crime. As a result, his brand endorsements, with brands such as Under Armour, Lucozade, and Beats by Dre, are highly successful.
With over 13 million followers on Instagram and 7.5 million followers on Facebook, his social media presence attracts endorsement activities with brands as famous as Hugo Boss, Audemars Piguet, and Jaguar Land Rover.
Joshua mentioned in an interview his ambition of earning more than Floyd Mayweather Jr., hoping to be able to report career earnings over $700 million one day. Forbes goes as far as to describe the British boxer as a marketing juggernaut who can earn approximately $11 million through sponsorship contracts.
Despite some controversies in his life, including suspicions of racist statements from his social media platforms and being sentenced to a 12-month community order in 2011, Joshua remains one of the most marketable athletes and influential Black Britons in the world.
According to the Mirror, Joshua owns £7.5 million in real estate, including a £1 million property in London. He is reported to live in North Carolina, where he bought a home since his deal with Showtime.
To keep control over his investment portfolio, he started his own financial management company, called 258 investments, in 2015.
Yet, Joshua is not afraid to contribute to charitable causes, supporting the Forever Hope Foundation and helping to keep the amateur boxing scene alive in the UK through generous donations.
It makes, therefore, no doubt that his net worth could grow in 2022 if the opportunity arises, following further endorsements, investments and boxing fights.