Anthony Joshua net worth, earnings and sources of wealth analysed.
|Date of Birth:
|October 15, 1989
|34 years old
|Source of Wealth:
Table of Contents
Anthony Joshua is a professional boxer from Britain who currently claims the WBA (Super), IBF, IBO, and WBO heavyweight titles. Regarded as one of the best active fighters in the world, in less than ten years after turning pro, Joshua emerged as one of the world’s top stars in boxing. Joshua had fought in 24 fights in the course of his career, claiming victory on 23 occasions (as at June 2020), while tasting defeat once and recording a tie on one time.
The British star with deep Nigerian roots has long been a force to reckon in the boxing world. An instance that indicates this was in 2017, where he defeated former world heavyweight champion, Wladimir Klitschko.
With an emphasis on Anthony Joshua’s wealth, we review his early life, career, salary/earnings, endorsements, luxury lifestyle and takeaways from his wealth and success.
Anthony Joshua was born in Hertfordshire, England, to Robert Joshua and Yeta Odusanya. His father, Robert, has both Nigerian and Irish origins, while his mother is Nigerian. Joshua is a member of a royal family in the Yoruba ethnic group, located in the southwestern part of Nigeria. Though born in England, Joshua spent his early years in Nigeria. While growing up in Nigeria, Joshua attended Mayflower School, which operates as a boarding school.
At the age of 12, his parents’ marital union collapsed. Joshua then left Nigeria for Britain when he continued his education in Year 7 at Kings Langley Secondary School. During his formative years in England, Joshua was called Femi as his middle name is Oluwafemi, a reference to his Yoruba origins. In England, Joshua proved to be an excellent sportsman. He played football as well as engaged in Athletics. While in high school, Joshua created a new Year 9 100m record after completing 100m race in 11.4 seconds.
Career Summary & Records
Anthony Joshua began boxing in 2007, at the age of 18. He took up boxing after his cousin suggested they try it out. Joshua went on to win the 2009 and 2010 edition of the Haringey Box Cup. He then went on to claim the senior ABA Championships in 2010. Following his win, he is offered £50,000 to turn pro, which Joshua rejected. He revealed his rejection of the money was as a result of the fact that he took up boxing to win medals, not for money.
Joshua then went on to claim the GB Championships, which earned him Amateur Boxer of the Year. He first made his mark in the international calling boxing scene in 2011 at the 2011 World Championships, where he won silver. He represented England at the 2012 London Olympics, where he won Gold.
In July 2013, Joshua turned pro. He fought against Emanuele Leo in his first professional bout, which he won. Joshua went to fight eight more times, emerging victorious on all occasions, before defeating Dennis Bakhtov in October 2014 to win the WBC International Heavyweight Championship. He went on to successfully defend his title in consecutive bouts. In July 2015, Joshua fought Gary Cornish, an undefeated Scottish boxer, to win the Commonwealth Heavyweight Championship.
After signing a new five-year-long contract with Matchroom, which will see Joshua take a cut in pay-per-view earnings, he went to defend his title against Dillian Whyte in future fights. He defeated Whyte to earn the British heavyweight title. Joshua earned about £3 million from the match. In April 2016, he defeated Charles Martin to claim the IBF heavyweight championship. Joshua made two successful title defences against Bermane Stiverne and Eric Molina before he went on to fight Wladimir Klitschko.
In April 2017, in front of a sold-out crowd of 90,000, Anthony Joshua defeated Wladimir Klitschko to claim the WBA (Super) and IBO heavyweight titles. He earned £15 million from the fight. That same year, Joshua made his first title defence against Carlos Takam in front of 80,000 and earned £15 million for his win. His next two title defences were against Joseph Parker and Alexander Povetkin. He added the WBO title to his collections after defeating Parker. Joshua earned £18 million and £20 million from the Parker and Povetkin bouts.
In June 2019, Joshua’s consecutive title defence winning streak came to an abrupt end after losing all his titles to Andy Ruiz Jr. Ruiz Jr was regarded as an underdog coming into the bout. Joshua, however, got the opportunity to avenge his painful loss to Ruiz Jr in December 2019. In the match, Joshua defeated Ruiz Jr by unanimous decision to reclaim his lost titles. That bout also was the biggest payday of his career as he pocketed $35 million for his win.
Anthony Joshua Net Worth in 2020
Anthony Joshua’s net worth is valued at $80 million in 2020. The British boxing star who revealed he began boxing to win medals and not for the financial benefits has done both in the most surprising way. Throughout his career, Anthony Joshua has made the bulk of his fortunes from various boxing bouts that have earned him millions. He has reported he earned about £100 million from his exploits on the boxing ring.
The revenue stream for Joshua outside the boxing ring is also lucrative but not as financially rewarding as the former. His marketability has seen him earn millions from sponsorship deals and endorsement deals with various brands. Joshua, whose skills have several more years of attaining success in boxing, could see his fortune increase to as much as $100 million as his earnings from boxing increase.
Anthony Joshua Career Earnings
When he debuted in 2013, Joshua was offered £15,000 for his win, but 44 fights into his professional career, his earnings have taken a significant leap to as high as £28 million. In a 12 month period which ended in June 2020, according to Forbes, Joshua earned a total of $47 million. Salary and winnings account for $36 million of that earnings.
Anthony Joshua Endorsements in 2020
Anthony Joshua’s endorsement portfolio ranks among the most lucrative among active boxers in the world. Between May 2019 and June 2020, he earned $11 million from endorsement and sponsorship deals with Electronic Arts, DAZN, Under Armour, Hugo Boss, Beats Electronics, Jaguar, and William Hill, Audemars Piguet and Hugo Boss.
Anthony Joshua Charity & Philanthropy
Anthony Joshua is known for his generosity and benevolent nature. In 2018, Joshua partnered with StubHub, to raise about £10,000 for the Key4Life charity, which focuses on curbing gang-related offences and re-offending, through rehabilitation and mentoring. Joshua signed items on Auction on eBay, where fans bid until it sold for £10,000. Joshua has also worked with StubHub in the past to raise £10,000 through ‘An Evening With Anthony Joshua’ program, which was donated to Steel Warriors, a charity that fights knives crimes.
According to reports, most of Anthony Joshua’s cars, clothes, meals and even luxury vacations are all sponsored.
Despite being among the wealthiest stars on the planet, Joshua, who can afford the grand mansions which sports stars of his financial state are known to buy, has opted to live with his mother, Yeta Odunsanya in a two-bedroom apartment in Golders Green, London. Joshua purchased the house in 2013 for £175,000. Before moving in with his mother, Joshua lived in a mansion which he rented for £20,000 weekly in St John’s Wood. The villa has seven bedrooms, a wine cellar, a home cinema, a swimming pool, and a gym. Joshua also bought a £500 thousand penthouse for his ex-girlfriend and mother of his child, Nicole Osbourne.
Anthony Joshua’s cars collection includes a Range Rover SVO, a Vauxhall Astra, and a Jaguar XJR. He is known for his generosity and benevolent nature. Joshua bought his coach a BMW, which is valued at £95,000 in 2017.
Joshua regularly flies in a £45million private jet, which is sponsored by Under Armour.
Invaluable Lessons from Joshua’s Wealth, Success & Fame
1. Passion fosters success
Anthony Joshua began boxing at just 18 years old. While he was still an amateur boxer, he was offered £50,000 to turn pro after just fighting 18 times. Joshua refused the offer because he wanted to win medals and was not out for the money. That mindset led him to earn several medals as an amateur boxer and several titles as a professional. With the medals and titles, the money came. Joshua’s pursuit of medals, which emanates from pure passion for the sports, made him successful.
2. Be humble
Despite his success, Joshua has opted to live a modest life, which has brought him even closer to his fans.
In 2020, Anthony Joshua’s net worth is valued at $80 million. The source of his wealth is majorly from his career as a professional boxer.
Motivated by a strong passion for your chosen career is a catalyst for success. What are your thoughts about Anthony Joshua net worth? Feel free to share with us in the comments section below.