BRITISH BOXING hero Anthony Joshua saw a rise of PS10m, despite the pandemic. Official figures show that his fortune has now surpassed PS100 million.
Even though he only had one fight, the reserve funds in Sparta Promotions reached PS98m.
Anthony Joshua's personal fortune has reached the PS100m mark
Joshua gave up a life in crime to make a career as a boxer and was one of Britain's most successful ever.
The former world champion at 32, who had to dig deep into his pocket to keep amareurboxing afloat during coronavirus crises, is still fiercely ambitious and wants a millionaire.
In one interview, he stated that his goal was to be a multi-millionaire when he first started. However, there are now ordinary people, grandmas, and grandads who are worth millions simply because of the property market.
"So, the new school is that I must be a billionaire. It's great to be a millionaire, but you need to aim higher.
He hopes that he can help others as well. The fighter has helped raise money for many charities, including Key4Life and Forever Hope.
AJ enjoys jet-setting lifestyle and meeting people from all over the globe. He recently spent time in America looking for a coach and assembling a fantastic car collection.
After the company had made PS15.6m between March 2020 & February 2019, the Watford-born boxer received a dividend in the amount of PS3.166m.
He was left with a profit in the amount of PS9.7m after paying his corporation tax bill of PS2.3m and other creditors.
Joshua was forced to fight just one bout against Kubrat pulev because of the pandemic in December 2020 before a crowd of only 1,000 people at the O2 Arena, south east London.
According to accounts, the fight earned PS7.2m, compared with his fight income of PS57.4m in the previous year.
However, his sponsorship income increased from PS2.25m in the previous year to PS3.5m.
According to the report, "The reductions in Covid-19 have led to a decline in the number of bouts divisions. This is in line with directors' expectations.
"The turnover of the sponsorship and endorsements division has increased by 28% between 2020-2021."
He has sponsorship agreements with Lucozade and Under Armour, as well as Beats by Dre.
According to the accounts, Joshua was unable to train and fight due to the pandemic.
The report stated that the company was looking to increase its figures for next year. It said: "The group is currently undertaking Research and Development to improve its bout Income and Sponsorship Income from the provision fighter's professional Boxing Services and Image Rights."
Joshua was originally being lined up to fight Tyson Fury for a potential lucrative heavyweight title bout, but he lost to Oleksander Ukraineysk earlier in the year.
When he rematches with the Ukrainian next year, he hopes to regain the WBA, IBF and WBO heavyweight titles.
