Tyson Fury’s massive net worth boost despite losing chunk of prize money after Oleksandr Usyk blow​

by | Dec 22, 2024 | Blog

Tyson Fury was controversially beaten once again by Oleksandr Usyk on Saturday evening in a lucrative bout that was set to earn the British heavyweight boxer millions

​Tyson Fury was controversially beaten once again by Oleksandr Usyk on Saturday evening in a lucrative bout that was set to earn the British heavyweight boxer millions Tyson Fury was controversially beaten once again by Oleksandr Usyk on Saturday evening in a lucrative bout that was set to earn the British heavyweight boxer millions   

Tyson Fury has split around £150million with his opponent Oleksandr Usyk in a massive boost to his net worth – despite missing out on another £30m for losing the rematch.

Fury was defeated by Usyk via unanimous decision – with all three judges scoring the contest 116-112 – as the Ukrainian retained his WBA Super heavyweight, WBC and WBO heavyweight titles. The 37-year-old initially beat the Gypsy King in a split decision in May, setting the pair up for a rematch just before Christmas in Saudi Arabia.

While Fury was on the ascendancy in the first half of the fight, Usyk battled back and dominated the rest of the bout to defeat the 36-year-old.

The British fighter had raked in £79m from the first fight against Usyk, and he was estimated to be worth around £41m before this initial match-up in May.

The pair were set to split around £150m in this fight, meaning they’d be getting around £75m whether they won or lost. It was reported that Fury was set to earn an estimated £60m for the fight – but tax issues meant that he would lose around half of this money just by leaving the country.

Celebrity Net Worth reports that Fury was worth an estimated £111m before the fight – and his earnings will only boost this wealth more.

Since the Gypsy King was defeated, JeffBet’s data analysis has calculated that almost £30m of his prize money will be claimed by tax authorities thanks to UK income tax and national insurance contributions when he heads back to his home country.

Oleksandr Usyk punches Tyson Fury during the IBF, IBO, WBA, WBC and WBO Undisputed World Heavyweight titles' fight between Oleksandr Usyk and Tyson Fury as part of Oleksandr Usyk v Tyson Fury 2, Reignited card at Kingdom Arena on December 21, 2024 in Riyadh, Saudi Arabia.
The fight was a great advert for the sport – and made the two boxers plenty of money too
(

Image:

Richard Pelham/Getty Images)

Overall, around 47 per cent of Fury’s winnings are expected to head to His Majesty’s Revenue and Customs (HMRC), broken down into £28m for income tax and £1.2m for national insurance.

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.”

It’s not just the loss of money that will be angering Fury – his second consecutive defeat to Usyk has him claiming he had won the fight instead.

Speaking after the fight, the 36-year-old said: “He never hurt me once. Not a mark on me. I took it more serious. I was on that front foot more.”

Fury 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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