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.
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.’
