Tyson Fury has reportedly shared a whopping $180million with opponent Oleksandr Usyk in a huge boost to his net worth – despite potentially losing out on an additional $37m for losing.
Fury was beaten by Usyk via unanimous decision, with all three judges scoring the match 116-112. This allowed the Ukrainian to retain his WBA Super heavyweight, WBC and WBO heavyweight titles.
The 37-year-old initially triumphed over the Gypsy King in a split decision in May, leading to a rematch just before Christmas in Saudi Arabia. Despite Fury’s strong start in the first half of the fight, Usyk fought back and dominated the remainder of the bout, defeating the 36-year-old British fighter.
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Fury had previously earned around $100m from his initial fight against Usyk, and his estimated worth was around $51m prior to their first clash in May. The duo were expected to share approximately $180m from this fight, meaning each would receive around $95m regardless of the outcome.
It was reported that Fury was projected to earn an estimated $75m for the fight, but tax complications meant he would lose about half of this money simply by leaving the country. According to Celebrity Net Worth, Fury’s estimated worth was $140m before the fight, and his earnings will only further increase this wealth.
Following the Gypsy King’s defeat, data analysis from JeffBet suggests that nearly $35m of his prize money will be claimed by tax authorities – due to UK income tax and national insurance contributions when he returns to his home country.
Tyson Fury is set to fork over a hefty $36.6million of his earnings to the taxman after the fight, with roughly 47% of his prize money going straight to HMRC in income tax and national insurance contributions.
The two boxers fought it out for glory in Saudi Arabia (
Richard Pelham/Getty Images)
A JeffBet spokesperson said: “If you are a resident in the UK you have to pay tax on overseas earnings in the same way, and that remains the same no matter how much someone might earn. Good tax advice is always important and in this case you can be sure the Fury camp will have looked at an agreement that would be the most beneficial.”
Despite the financial losses, it’s the sting of defeat that seems to be troubling Fury the most, particularly after his second loss to Usyk which he feels was undeserved.
Visibly fired up after the bout, Fury said: “He never hurt me once. Not a mark on me. I took it more serious. I was on that front foot more.”
He added: “The judges gave him a Christmas gift. I feel like I won both fights. I know I had to knock him out but it’s boxing and this happens. There is no doubt in my mind I won this fight. Frank [Warren] had me three or four rounds up and a lot of people had me up by at least two.”
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