Boxing champion Anthony Joshua really has had a knockout year judging by his bank balance.
His finances grew by more than $100 million in 12 months, despite suffering the first loss in his professional career.
New documents filed for his firm Sparta Promotions Ltd show he has almost $200 million in the bank, having been at $88 million a year earlier.
But the next 12 months could be even more fruitful. The 31-year-old’s representatives are finalising a deal to fight the other king of the heavyweight division, fellow Brit Tyson Fury, in a once-in-a-generation bout that is expected to net both men $180 million.
Joshua’s earning power was barely impacted by the first defeat of his professional career, a stunning seventh round TKO defeat against Andy Ruiz at Madison Square Garden in June, 2019.
He avenged the defeat to reclaim his belts in December that year, before the COVID pandemic kept him sidelined until December, 2020, where he knocked out Kubrav Pulev in the ninth round.
His return the top has brought advertising deals with firms including William Hill, Lucozade, Google and Under Armour and unlike Floyd Mayweather, Mike Tyson and other big-name boxers he’s smart with his money.
“He’s had a hell of a year — big fights and some massive commercial deals too thanks to his management team,” a source close to the fighter told The Sun.
“He recently announced the launch of new production studio SBX Studios, which is a huge project for him.
“And he’s given loads of cash to help amateur