Deontay Wilder net worth, earnings and sources of wealth analysed.
|Net Worth:||$30 Million|
|Date of Birth:||October 22, 1985|
|Age:||34 years old|
|Source of Wealth:||Professional Boxer|
Deontay Wilder is a professional boxer from the United States who previously held the WBC Heavyweight title, between 2015 and 2020. Dubbed The Bronze Bomber, Wilder ranks among the very best active heavyweight boxers in the world as revealed by the Transnational Boxing Rankings Board, who ranked him third in the list. Despite starting boxing late compared to other fighters, Wilder has gone on to dominate the sport.
When he claimed the WBC Heavyweight championship in 2015, Wilder emerged as the first American boxing champion in about a decade, the most prolonged period in boxing history. In his professional career, Wilder has fought 44 times and emerged victorious 42 times, with 41 of those wins by knockout. He has seen draw once and suffered defeat once. His first defeat in his professional career occurred in February 2020, in the rematch of his bout against Tyson Fury, which previously ended in a tie.
With an emphasis on Deontay Wilder’s wealth, we review his early life, career, salary/earnings, endorsements, luxury lifestyle and takeaways from his wealth and success.
Deontay Wilder is the oldest of four children born to Gary Wilder and Deborah Wilder. Wilder, along with his parents, lived in a three-bedroom apartment in Tuscaloosa, Alabama. When Wilder was just nine years old, his mother left her home. He was left with his siblings and their father, who was a minister and worked as an equipment operator.
Wilder regularly attended church as his father was a minister, but he often got in fights as a result of kids in the neighbourhood wanting to bully him. Wilder soon got used to that and became unbothered with his usual dispute in the block. Wilder attended Shelton Community College, where he actively participated in sports. Wilder played basketball, football as well as engaged in track and field events. When he was 19, he became a father.
Wilder’s new responsibility as a father was compounded by the health of his child, who was born with spina bifida. He was working at IHOP, but his earnings were not sufficient to cater to his rising responsibilities. The mother of his child also sorts to leave him. Wilder became depressed during this period and contemplated suicide. In a bid to seek more finances, he turned to box. While Wilder initially fought for money, he soon realised he had the talents.
Career Summary & Records
Deontay Wilder began boxing in 2005, and by 2007 he had claimed the US championships and National Golden Gloves. He earned a place in the 2008 Olympic, where he won Bronze. In November 2008, Deontay Wilder debuted professionally at the age of 23 in a bout against Ethan Cox. He won his first professional boxing match by TKO in the second round. Wilder continued fighting and claiming victories in successive bouts. In December 2012, Wilder won the WBC Continental Americas heavyweight title after defeating Kelvin Price who had 13 back-to-back victories with no loss.
Following his first professional title win, Wilder fought in successive fights where he emerged victorious to set him up for a fight against newly crowned WBC Heavyweight Champion, Bermane Stiverne. In January 2015, Wilder claimed his second professional title at the MGM Grand Garden Arena in Las Vegas. Wilder earned $1 million for his win as well as the WBC Heavyweight title. In June 2015, he made his first WBC Heavyweight title defence against Eric Molina in front of 9,347 spectators. Wilder successfully defended his title and earned $1.4 million for his win. In September 2015, he made his second successful title defence against Johann Duhaupas for which he earned $1.4 million. Wilder’s successive title defence attracted a lot of attention to him.
In his third defence against Artur Szpilka at the Barclay Center in New York, Wilder defeated Szpilka, who became unconscious in the ring. Despite winning, Wilder was very concerned for Szpilka and was not in the mood for a faceoff between him and Tyson Fury. He earned $1.5 million for his win. His next two fights were against Chris Arreola and Gerald Washington, who he successfully defeated and earned $1.4 million and $900,000, respectively. In October 2017, Wilder faced Bermane Stiverne, who he first defeated to claim the WBC title. The bout saw Wilder prove himself as the legitimate WBC Heavyweight Champion. Wilder earned $1.4 million for his win.
In March 2018, Wilder nearly lost his WBC Heavyweight title to Luis Ortiz in a bout that saw 14,069 spectators saw the fight at the Barclays Center. Wilder earned $2.1 million for his win. After plans for a Wilder vs Anthony Joshua fight fell through, Wilder faced Tyson Fury in front of 17,698 spectators at the Staples Centre in a match which ended in a tie. The bout that saw Wilder knock Fury down two times generated about $30 million in showtime pay-per-view purchases in the US.
Wilder had a guaranteed purse earning of $4 million. He fought in two more fights before he fought in Fury in a rematch of their December 2018 bout. The rematch occurred in February 2020 and attracted about 1.2 million pay-per-view buys on the US. Wilder lost the bout but earned $25 million from the highly publicised fight.
Deontay Wilder Net Worth in 2020
Deontay Wilder’s net worth in 2020 is estimated to be $30 million. Though his net worth does not rank him among the richest boxers in the world, it is a considerable rise for an athlete who started boxing professionally about ten years ago with little financial means. The bulk of his $30 million fortune can be traced to his boxing earnings.
Since he turned pro, Wilder has earned significant figures in the 44 bouts he has fought in, but the biggest payday arrived in February 2020, where he received $25 million for his rematch against Tyson Fury. The fight thrust Wilder into the limelight, and it could follow with even more financially rewarding bouts. Wilder could also sign a multi-million fight deal with streaming services or boxing promotion companies such as DAZN or Top Rank, just like Fury and Canelo. This sort of contract, which is most likely to occur, could see his fortune take a big leap.
Deontay Wilder Career Earnings
Deontay Wilder’s career earnings are well above $70 million. In a 12 month period which ended in June 2020, Wilder earned a total of $46.5 million. Salary and winnings account for $46 million of that earnings.
Deontay Wilder Endorsements in 2020
Deontay Wilder’s endorsement portfolio ranks low for an athlete who ranks among the top 20 in the 2020 edition of Forbes Highest-Paid Athletes list. He has just one sponsor, Everlast, and earned $500,000 from endorsement deals within a 12 month period, which ended in June 2020.
Deontay Wilder Charity & Philanthropy
Deontay Wilder is a brand ambassador of CHIVA Africa, a charity organisation that strives for improved healthcare for children and adolescents living with HIV in Africa. Wilder sells T-shirts, which bears Wilder’s image and his famous “Fightin’ Til This Day!” motto. Part of the earnings from the sales of his T-shirts goes to National Association for the Advancement of Colored People (NAACP), a renowned civil right organisation that promotes political, economic, social, educational equality and also eradicate racism.
Like his British counterpart, Tyson Fury, Deontay Wilder has resolved to stay close to his roots despite the vast array of pristine locations he can call home, thanks to his wealth. Wilder settled in Tuscaloosa, Alabama, where he was born in a £1 million mansion, which was built in 2012 and covered 5,600 square feet. Wilder’s house has four bedrooms, four bathrooms, and a garage capable of housing two cars. The mansion, which sits above lake Tuscaloosa, has a spacious kitchen, an office, and a panic room secured with a vault made to the same specifications as the Kentucky Gold reserve Fort Knox safe.
Wilder also owns one of the most expensive cars collection for a boxer. He has a bronze customised Rolls Royce Phantom, a Polaris Slingshot, a Dodge Challenger, a Metallic Hummer H2, a Rolls Royce Cullinan, and a £430,000 Lamborghini Aventador.
Lessons from Wilder’s Wealth, Success & Fame
Now that you know the exciting story about Deontay Wilder’s rise to stardom, his wealth, and how he became successful, here are two lessons from the American professional boxer.
1. It’s never too late to start
Young athletes who feel they started relatively late compared to other athletes who have started in their chosen sport as young as infancy should not be dismayed. Despite starting late, putting in the required time energy and concentration can build your abilities quickly.
2. Keep hope alive
At age 19, Wilder had a child who had severe health challenges. His inability to meet up with his increasing financial responsibilities drove him to a dark place where he contemplated suicide. During that period, Wilder turned to box as a means of meeting up his financial demands, not to pursue a career in sports. That decision led Wilder down a path that liberated him financially and also made him a boxing star.
In 2020, Deontay Wilder’s net worth is valued at $30 million. The source of his wealth is majorly from his career as a professional boxer.
During trying times, though, there may seem not to be an option of getting out of your predicament, ensure you keep your hope alive.
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