Boxing is one the biggest and most lucrative sports in the world and if they play their cards right, most boxers end up with a hefty fortune while still in their prime. The richest boxers in the world are often the biggest draws but they don’t necessarily have to be the best boxer ever.
21 Richest Boxers in 2020
21. Joe Frazier — $100,000
(Source: Sportscasting)
- Joe Frazier’s net worth was only $100,000 at the time of his death in 2011.
- He won a gold medal at the 1964 Olympics in Tokyo.
- Frazier reigned as the undisputed heavyweight champion from 1970 to 1973.
- He trained two of his children — Marvis and Jacqui — to semi-successful boxing careers.
As a boxer, Joe Frazier was known for his strength, durability, formidable punching power, and relentless pressure fighting style. He was the first boxer to ever beat Muhammad Ali back in 1971 in their match dubbed “The Fight of the Century”.
Despite making millions in the ring and having a lively post-boxing career with his work in showbiz and as a spokesman for brands, Frazier died broke. He reportedly spent money faster than he made it and by the time of his death in 2011 he was worth only $100,000.
20. Mike Tyson — $3 million
(Source: The Sun)
- Mike Tyson’s net worth as of 2020 is only $3 million.
- He holds the record for the youngest boxing champion in history, at 20 years old.
- Tyson holds the third-longest unified championship reign in heavyweight history.
- Mike Tyson won his first 19 professional fights by knockout, with as many as 12 in the first round.
- Tyson was the first heavyweight boxer to hold the WBA, WBC, and IBF titles simultaneously.
Mike Tyson is estimated to have accrued over $300 million throughout his boxing career and
his total career earnings are reported to have been as high as $685 million. That would’ve made him the richest boxer in the world today.
However, after a string of poor financial decisions that included buying houses he never lived in and cars he never drove, Tyson racked up $23 million in debt and was forced to file for bankruptcy in 2003.
He has since recovered thanks to a string of acting roles, his podcast Hotboxin’ with Mike Tyson and his weed company Tyson Ranch.
19. Roy Jones Jr. — $10 Million
(Source: Celebrities Income)
- Roy Jones Jr’s net worth is estimated to be $10 million.
- Jones represented the USA at the 1988 Olympics in Seoul, winning a silver medal.
- He is the only boxer in history to start his professional career at junior middleweight and go on to win a heavyweight title.
- He also holds the record for the most wins in unified light heavyweight title bouts in boxing history, at 12.
- His post-boxing endeavors include a rap career, an acting career, and his role as a commentator.
Roy Jones Jr. competed in the ring from 1989 to 2018 and held multiple world championships in four weight classes.
Many consider Jones as one of the best boxers of all time, pound for pound. He left his mark in the sport’s history when he won the WBA heavyweight title in 2003, becoming the first former middleweight champion in 106 years to win a heavyweight title.
Jones started a rap career in 2001 and has appeared in three boxing films — Grudge Match, Southpaw, and Creed 2 — as himself.
18. Amir Khan — $30 million
(Source: bel-India)
- Amir Khan’s net worth is estimated to be $30 million.
- He is a former unified light-welterweight world champion.
- He won a silver medal at the 2004 Olympics in Athens at just 17 years old.
- As a celebrity, he has also participated in a few reality television and game shows.
- He has a 39-5 boxing record with 21 wins by KO.
Amir Khan has quickly become one of the most popular British boxers in the modern era, he has generated over 82 million in TV viewership throughout his career. This has translated to $109 million in PPV revenue in the US.
Outside of boxing Khan also has a very career as a philanthropist, promoter, sponsor, and public figure. He has his own charity organization, the Amir Khan Foundation, the owner of Khan Promotions, and the Amir Khan Academy in Pakistan.
He is also the co-owner of Super Fight League, an MMA promotion based in India and Super Boxing League, the first professional boxing league in India.
17. Deontay Wilder — $33 million
(Source: Cheat Sheet)
- Deontay Wilder’s net worth is estimated to be $33 million.
- He won a bronze medal at the 2008 Olympics in Beijing, which led to his nickname The Bronze Bomber.
- He held the WBC heavyweight title from 2015 to 2020, losing it to Tyson Fury in his first career loss.
- His knockout-to-win ratio stands at 98%, with 20 knockouts in the first round.
- Deontay’s younger brother Marsellos Wilder is also a professional boxer, with a 5-2 record.
Deontay Wilder had a late start to boxing, he took up the sport at 20 years old and made his professional debut at 23. Since then he has become one of the top boxers in the heavyweight division, winning 42 out of 44 fights, 41 by knockout, and 20 of those KOs in the first round.
Wilder has pocketed $500,000 from his endorsement deal with RECOVƎR 180°, a US sports performance beverage.
16. Marvin Hagler — $45 million
(Source: Wealthy Gorilla)
- Marvin Hagler’s net worth is estimated to be roughly $45 million dollars.
- Hagler reigned as the undisputed middleweight champion from 1980 to 1987.
- At 78%, he holds the highest knockout percentage of all undisputed middleweight champions.
- Hagler legally changed his name to Marvelous Marvin Hagler in 1982.
- He is considered to have one of the most durable chins in boxing history.
Marvin Hagler had the second-longest unified championship reign in boxing history between 1980 and 1987. At six years and seven months, his reign was behind Tony Zale, whose reign included several years of inactivity during his service in World War II.
He lost the title to Sugar Ray Leonard in 1987, and after the loss moved to Italy where he became a well-known action movie star. Hagler has also provided boxing commentary for British TV over the years.
15. Anthony Joshua — $60 million
(Source: SportyTell)
- Anthony Joshua’s net worth as of 2020 stands at $60 million.
- Joshua is a two-time unified heavyweight champion.
- He’s held the WBA, IBF, WBO, and IBO titles since December 2019.
- He represented England at the 2012 Olympics in London, winning a gold medal.
- His victory against Wladimir Klitschko in 2017 was named Fight of the Year by The Ring Magazine.
Anthony Joshua is one of the top active heavyweight boxers in the world, he’s won 23 out of 24 fights with his solitary coming at the hands of Andy Ruiz Jr.
In 2018, Joshua signed a $120 million deal with Matchroom Boxing as part of their $1 billion deal with DAZN. He is also a marketing juggernaut, with more than a dozen endorsement deals with brands like Under Armour, Jaguar LandRover, Beats, British Airways and Hugo Boss.
14. Eddie Hearn — $60 million
(Source: Wealthy Persons)
- Eddie Hearn’s net worth is estimated to be $60 million.
- Hearn is the Group Managing Director of Matchroom Boxing.
- In May 2018, Hearn signed boxing’s first $1 billion boxing deal.
- Hearn has recently promoted some major events, including Joshua vs. Klitschko at Wembley Stadium.
- He also promoted a professional boxing match between YouTubers KSI and Logan Paul.
Eddie Hearn is a boxing promoter working largely in the UK for Matchroom Sport, which has an exclusive TV deal with Sky Sports to broadcast up to 20 shows a year.
In May 2018, Hearn signed a $1 billion boxing deal with DAZN to stream shows across America. In 2019, he signed co-promotional deals with Gennady Golovkin and Devin Haney, to broadcast their fights on DAZN in the U.S. and Sky Sports in the UK.
13. Wladimir Klitschko — $60 million
(Source: Wealthy Gorilla)
- Wladimir Klitschko’s net worth is estimated to be $60 million.
- Klitschko represented Ukraine at the 1996 Olympics in Atlanta, winning a gold medal.
- He is a two-time world heavyweight champion and has held the WBA, IBD, and WBO titles.
- Klitschko holds the record for the longest cumulative heavyweight title reign of all time, with 4,382 days.
- He’s defeated 23 opponents for the world heavyweight championship, more than anyone else in history.
Wladimir and his brother Vitali dominated heavyweight boxing between 2004 and 2015, winning all four major world heavyweight titles and accumulating a world-record-setting 40 world heavyweight title fight wins.
He generated 3,456,000 PPV buys and $192 million in revenue in the UK between 2011 and 2018 and also became somewhat of a public figure between 2009 and 2018 when he was engaged to Hollywood actress Hayden Panettiere.
12. Vitali Klitschko — $80 Million
(Source: TheRichest)
- Vitali Klitschko’s net worth is estimated at $80 million.
- Klitschko is a three-time world heavyweight champion and the second-longest-reigning WBC heavyweight champion of all time.
- He has the fifth-longest combined world championship reign in history at 2,735 days.
- He is also the only heavyweight boxer to have reigned as world champion in three different decades.
- He currently serves as Mayor of Kyiv and head of the Kyiv City State Administration.
Standing at 2.01 meters (6 feet 7 inches) and usually coming into fights around 250 pounds (113 kg), Klitschko was renowned for having exceptional ring dominance.
He was one of the most prolific heavyweight boxers in history and was still the reigning WBC world heavyweight champion when he retired at 42 in 2013.
Klitschko formally began his political career in 2006 when he placed second in the Kyiv mayoral race, a position he was later elected to in 2014.
11. Muhammad Ali — $80 million
(Source: CNBC)
- At the time of his death in 2016, Muhammad Ali’s net worth was estimated to be $80 million.
- Ali won a gold medal at the 1960 Olympics in Rome at just 18 years old.
- He remains the only three-time lineal heavyweight champion.
- Ali is the only boxer The Ring Magazine has named six times Fighter of the Year.
- He retired with a 56-5 career record with 37 knockouts, one of the best boxing records ever.
Some consider Muhammad Ali the top heavyweight boxer of the 20th century and is widely regarded as one of the best boxers of all time.
“The Rumble in the Jungle” became the world’s most-watched live television broadcast at the time in large part thanks to Ali, who thrived in the spotlight at a time when many fighters let their managers do the talking.
Outside the ring, Ali attained success as a musician and spoken word poet, receiving two Grammy nominations.
10. Canelo Álvarez — $120 million
(Source: Sportscasting)
- Canelo Álvarez’s net worth is estimated to be $120 million.
- He has held the unified WBA (Super), WBC, The Ring, and lineal middleweight titles since 2018.
- He has also the WBA (Regular) super middleweight title since 2018.
- Alvarez stands at 53-1-2 with 36 knockouts under his belt.
Canelo Álvarez has generated 8,075,000 PPV buys and $605 million in revenue from his nine PPV fights since 2013. In 2018, Álvarez signed a massive $365 million deal that covered his next 11 fights at $50 million per fight.
Alvarez has a number of endorsements currently signed, having deals with Under Armour, Coppel Tecate, Hennessy, and Everlast. He is also a boxing promoter in Mexico and his company, Canelo Promotions, has represented 40 boxers throughout Mexico.
9. Sugar Ray Leonard — $120 Million
(Source: SportsShow)
- Sugar Ray Leonard’s net worth is estimated to be $120 million.
- He competed at the 1976 Olympics in Montreal and won a gold medal.
- Leonard has won world titles in five weight divisions and the lineal championship in three weight divisions.
- He was the first boxer to earn more than $100 million in purses.
- He was also named “Boxer of the Decade” in the 1980s.
Sugar Ray Leonard gained prominence as part of “The Fabulous Four”, a group of famous black boxers, and one Panamanian boxer, who were credited with keeping boxing relevant in the post-Muhammad Ali era throughout the 1980s. In that time Leonard became the first boxer to earn more than $100 million in purses.
Leonard has since worked as a boxing analyst, served as a host and mentor on the boxing competition show The Contender, and had a short-lived boxing promotion company.
8. Lennox Lewis — $150 million
(Source: Wealthy Persons)
- Lennox Lewis’ net worth is estimated to be $150 million.
- Lewis is a British-Canadian dual citizen and represented Canada at the 1988 Olympics in Seoul.
- He became the first Canadian to win a gold medal for boxing in 56 years.
- He is a three-time world heavyweight champion, a two-time lineal champion, and the last heavyweight to still hold the undisputed title.
- He retired having won 41 out of a total of 44 fights.
Lennox Lewis is regarded by many as one of the greatest heavyweight boxers of all time, and one of the greatest British fighters of all time. His match with Mike Tyson in 2002 is considered one of the greatest boxing matches ever.
It was the highest-grossing event in pay-per-view history at the time and generated $106.9 million from 1.95 million PPV buys. After his retirement, Lewis worked as a boxing analyst for HBO on Boxing After Dark from 2006 until 2010.
7. Don King — $150 million
(Source: JustRichest)
- Don King’s net worth is estimated to be $150 million.
- King is known, prominently, as the promoter behind iconic fights like “The Rumble in the Jungle” and the “Thrilla in Manila”.
- He was inducted into the International Boxing Hall of Fame in 1997.
- King has promoted some of the most prominent names in boxing, most of whom have sued him for defrauding them.
Don King is one of the most controversial figures in all of boxing. He was one of boxing’s preeminent promoters and promoted the premier heavyweight fights of the 1970s under the Don King Productions promotional banner.
Outside of boxing, he also managed The Jacksons 5’s 1984 Victory Tour and was also the publisher of the weekly newspaper the Cleveland Call and Post from 1998 to 2011.
6. Oscar De La Hoya — $200 million
(Source: Networth Buzz)
- Oscar De La Hoya’s net worth is around $200 million.
- De La Hoya has held dual American and Mexican citizenship since 2002.
- He represented the USA at the 1992 Olympics in Barcelona and won a gold medal.
- De La Hoya has won multiple world titles in six weight classes, including the lineal championship in three weight classes.
- He is the first American of Mexican descent to own a national boxing promotional firm.
Oscar De La Hoya generated approximately $700 million in pay-per-view income throughout his career and was, at one point, the top pay-per-view earner. In 2005, De La Hoya founded Golden Boy Promotions, a combat sport promotional firm that promotes boxing and MMA matches.
It’s through Golden Boy that De La Hoya has amassed the majority of his fortune. The firm also owns 25% of American soccer team Houston Dynamo and magazines The Ring, KO Magazine, and World Boxing Magazine.
5. Manny Pacquiao — $220 million
(Source: Esquire)
- Manny Pacquiao’s net worth is estimated to be $220 million.
- He is the only eight-division world champion in the history of boxing.
- Pacquiao is the only boxer to win the lineal championship in five different weight classes.
- He was elected to the Philippine House of Representatives in 2010 and the country’s Senate in 2016.
Manny Pacquiao has earned a reputation as one of the best pound-for-pound boxers of all time. He’s won twelve major world titles and is the only boxer in history to have held a world championship in four different decades (the 1990s, 2000s, 2010s, 2020s).
Pacquiao has generated approximately 20 million PPV buys and $1.2 billion in revenue from his 25 PPV fights and at some point was the highest paid boxer in the world. His fight against Floyd Mayweather in 2015 remains the best-selling fight in the history of boxing with 4.6 million PPV buys.
4. Bob Arum — $300 million
(Source: Celebrity Net Worth)
- Bob Arum’s net worth is set to be $300 million.
- He is the founder and CEO of Top Rank, a professional boxing promotion company based in Las Vegas.
- Arum is known for producing big-scale undercards and super fights.
- In 1999, he was inducted into the International Boxing Hall Of Fame.
Bob Arum worked as an attorney in the United States Department of Justice during the Kennedy administration and had little interest in boxing, until 1965. I 1966, Arum became a VP and Secretary of Muhammad Ali’s promotion company, Main Bout, and never looked back.
During the 1980s, Arum became a driving force behind the sport, rivaling Don King, and put on some of the biggest super fights of the era. By the 1990s, he was promoting superstars like Oscar De La Hoya, Manny Pacquiao, Erik Morales, and Julio César Chávez.
Arum has concentrated largely on promoting Hispanic fighters in recent years and has booked many of his shows in cities with large Spanish-speaking populations.
3. George Foreman — $300 million
(Source: MoneyInc)
- George Foreman’s net worth is estimated to be $300 million.
- He won a gold medal at the 1968 Olympics in Mexico City.
- The ‘The Rumble in the Jungle’ fight with Muhammad Ali in 1974 was his first career defeat.
- Foreman remains the oldest world heavyweight champion of all time at 45 years old.
- He made most of his fortune from the George Foreman Grill.
After retiring in 1997, for the second time, with a final record of 76 wins (68 KOs) and 5 losses. George Foreman was approached by Salton, Inc. to become the spokesperson for its new fat-reducing grill.
Salton paid him $138 million for the right to use his name, prior to that he was paid about 40% of the profits on each grill sold. That earned him $4.5 million a month in payouts at the grill’s peak, a total of over $200 million from the endorsement. Substantially more than he earned as a boxer.
2. Michael Buffer — $400 million
(Source: TheCinemaholic)
- As of 2020, Michael Buffer’s net worth is estimated to be roughly $400 million.
- Buffer is a ring announcer known for his iconic catchphrase “let’s get ready to rumble!”.
- He obtained a federal trademark for the phrase in 1992.
- His half-brother Bruce Buffer is the ring announcer for UFC.
Micheal Buffer has been a prominent ring announcer for boxing and wrestling matches since the 80s, pioneering a distinctive announcing style that’s become synonymous with sports announcing.
In the late 1980s, he was the exclusive announcer for bouts hosted in casinos that Donald Trump owned and coined the catchphrase “Let’s Get Ready To Rumble!”. Buffer successfully trademarked the phrase in 1992 and consequently earned a large part of his $400 million fortune from the license, making him one of the world’s richest boxers.
1. Floyd Mayweather Jr.— $565 million
(Source: Wealthy Gorilla)
- Floyd Mayweather’s net worth is estimated to be $565 million.
- He made a record $275 million from his 2017 fight with Conor McGregor.
- Mayweather won a bronze medal at the 1996 Olympics in Atlanta.
- He won fifteen major world titles.
- He retired with a 50-0 undefeated record, arguably the best boxing record of all time.
Floyd Mayweather Jr has used his expert defensive style and deadly accurate punching prowess over the last 26 years to become one of the most lucrative pay-per-view attractions of all time, in any sport, and the richest boxer in the world.
Mayweather has generated approximately 24 million PPV buys and $1.67 billion in revenue throughout his career, surpassing a litany of boxing superstars to assume his position atop the list of richest boxers of all time.
His 2017 fight against the highest paid UFC fighter, Conor McGregor’, generated 4.3 million PPV buys and $370 million in revenue. Mayweather’s guaranteed paycheck for the fight was $100 million, already making him the highest paid boxer in the world, but he ended walking away with a reported $275 million, the highest payout for a single fight in history!
The world’s richest boxers have built an incredible net worth throughout their careers but as evidenced by the list they’ve continued to sustain in their post-careers. Having good skills inside the ring is just as important as being financially astute outside of it to remain one of the top richest boxers.
FAQs:
Q: Who is the richest British boxer?
A: Anthony Joshua is the richest British boxer in the world. As of 2020, Anthony Joshua’s net worth is $60 million (£42m), making him the 11th richest boxer in the world.
Q: Who is the richest boxer in 2020?
A: Floyd Mayweather’s net worth, as of 2020, is an estimated $565 million, making him the richest boxer in the world.
Q: What is Mike Tyson’s net worth?
A: Mike Tyson is estimated to have accrued over $400 million during his career, but he lost it all and filed for bankruptcy in 2003. His estimated net worth, as of 2020, is only $3 million although he does have a cannabis company that’s estimated at around $15 million.
Q: Who is the second richest boxer?
A: Antony Joshua is the second richest active boxer in the world with a net worth of $60 million but the second richest boxer of all time is Michael Buffer, whose $400-million estimated fortune is largely on account of his “let’s get ready to rumble” iconic catchphrase.
Q: Who are the richest boxers of all time?
A: Staying true to his nickname, Floyd “Money” Mayweather is the richest boxer of all time. Mayweather has an estimated net worth of $565 million. The list of the richest boxers continues with Michael Buffer and George Foreman who round up the top 3.
Sources:
1. Wealthy Gorilla
2. TheCinemaholic
3. MoneyInc
4. Celebrity Net Worth
5. Esquire
6. Networth Buzz
7. TheRichest
8. Wealthy Persons
9. SportsShow
10. Sportscasting
11. CNBC
12. TheRichest
13. Wealthy Gorilla
14. Wealthy Persons
15. SportyTell
16. Wealthy Gorilla
17. Cheat Sheet
18. bel-India
19. Celebrities Income
20. The Sun
21. Sportscasting
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