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8 months ago
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Anthony Joshua's company, Sparta Promotions Limited, has profited from a growth in equity in the past year after the British heavyweight enjoyed a lucrative 2023.
The 34-year-old boxer 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 16.9m followers on Instagram and is one of the most well-known athletes on the planet, placed 28th in the rankings for the World's highest-paid athletes in 2023.
The outlet, Joshua currently boasts a net worth of approximately £41million ($53m) and has continued to add to his gigantic fortune in 2024, banking a another £39m his fight against Francis Ngannou in Saudi Arabia.
That came even before he had stepped into the ring where he would go on to deliver an emphatic second-round knockout to beat the former UFC heavyweight champion.
British heavyweight Anthony Joshua appears to be securing his future beyond his boxing career
In the past Joshua has held partnership deals with Under Armour, Hugo Boss and Land Rover
But 2023 was a very lucrative year for the British fighter, who's company have recorded profits of £35.9m
But 2023 was a very lucrative year for the British fighter, who's company have recorded profits of £35.9m.
Adding to that, amid all his sponsorship deals, partnerships and business operations, Sparta Promotions have grown in equity once again, with the company's value rising to £129m.
That's nearly a £30m rise its equity valuation for 2022, with the former heavyweight champion paying almost £7m in tax last year.
'When I first started, the aim was to become a multimillionaire,' he told GQ in 2017.
'But now there are ordinary people, grandmas and granddads, 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 set your sights higher. If I'm making £10million from my next fight, my next target has to be making ten times that. And if I get to £100m-150m, why not go for the billion? I know self-made billionaires. It's hard, but it's possible.'
His story is a rags-to-riches tale of a man who grew up on a council estate before rising to stardom after success in the 2012 Olympics.
Sparta Promotions have grown in equity once again, with the company's value rising to £129m
AJ proved that he was well and truly back to his best with his sensational knockout against Francis Ngannou
AJ is now plotting his next move, with Frank Warren revealing that he could be set to face Tyson Fury next March in Saudi Arabia
Joshua boasts a collection of luxury cars worth around £1m which includes a £150,000 Range Rover SVO - which was custom made with his name inscribed in the tread plates - and a £93,000 white Jaguar XJR. He has over a dozen properties in his portfolio including a £1m north London house.
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 to see with Tyson Fury also banking £39m for his 'Battle of the Baddest' clash against Francis Ngannou last year.
AJ, meanwhile, proved that he was well and truly back to his best with his sensational knockout against Ngannou at the start of the month.
He is now plotting his next move, with Frank Warren revealing that he could be set to face Tyson Fury next March in Saudi Arabia, after the Gypsy King has fought Oleksandr Usyk twice.
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