Anthony Joshua’s company Sparta Promotions Limited has benefited from capital growth over the past year after the British heavyweight enjoyed a lucrative 2023.
The 34-year-old fought three times during the calendar year, beating Jermaine Franklin, Robert Helenius and Otto Wallin to bounce back after suffering back-to-back losses to Oleksandr Usyk in 2021 and 2022.
According to Forbes, Joshua, who has a whopping 16.9 million followers on Instagram and is one of the most well-known athletes on the planet, was ranked 28th in the ranking of the highest-paid athletes in the world in 2023.
According to the outlet, Joshua currently has a net worth of approximately £41 million ($53 million) and has continued to add to his mammoth fortune in 2024, racking up another £39 million in his fight against Francis Ngannou in Saudi Arabia. .
That happened before he even stepped into the ring, where he would score a resounding second-round knockout to defeat the former UFC heavyweight champion.
British heavyweight Anthony Joshua appears to be securing his future beyond his boxing career.
In the past, Joshua has entered into partnership agreements with Under Armour, Hugo Boss and Land Rover.
But 2023 was a very lucrative year for the British fighter, whose company reported profits of £35.9 million.
But 2023 was a very lucrative year for the British fighter, whose company recorded profits of £35.9 million.
On top of that, amidst all its sponsorship deals, partnerships and business operations, Sparta Promotions has once again grown in share capital, with the company’s value rising to £129.15.
That’s an almost £30m increase in his share valuation by 2022, with the former heavyweight champion paying almost £7m in tax last year.
“When I started, the goal was to become a billionaire,” he said. GQ in 2017.
‘But now there are ordinary people, grandmothers and grandfathers, who are worth millions just because of property prices. So the new school of thought is that I need to be a billionaire.
‘Being a millionaire is good, but you have to aim higher. If I’m going to make £10 million from my next fight, my next goal has to be to make ten times that. And if I reach between 100 and 150 million pounds, why not go for a billion? I know self-made billionaires. It’s difficult, but it’s possible.”
His story is the story of a rags-to-riches man who grew up on a council estate before rising to stardom after success at the 2012 Olympics.
Sparta Promotions has seen growth in share capital again, with the company value rising to £129.15
AJ showed that he was truly back to his best with his sensational knockout against Francis Ngannou.
AJ is now planning his next move, with Frank Warren revealing he could face Tyson Fury next March in Saudi Arabia.
Joshua has a collection of luxury cars worth around £1 million, including a £150,000 Range Rover SVO (which was custom-made with his name inscribed on the tread plates) and a £93,000 white Jaguar XJR. pounds. He has more than a dozen properties in his portfolio, including a £1 million house in north London.
He owns his own clothing line, AJBXING, and has partnerships with Jaguar Land Rover, William Hill, Hugo Boss and Under Armour.
For boxers, the financial benefits of fighting in Saudi Arabia are clear, with Tyson Fury also pocketing £39 million for his ‘Battle of the Baddest’ showdown against Francis Ngannou last year.
Meanwhile, AJ showed that he was truly back to his best with his sensational knockout against Ngannou earlier in the month.
He is now planning his next move, with Frank Warren revealing he could face Tyson Fury next March in Saudi Arabia, after the Gypsy King fought Oleksandr Usyk twice.