Thanks to their extraordinary sporting achievements, Eddie Hearn and his father Barry have amassed enormous money, the exact amount of which is now known.
Barry’s Matchroom business, now led by his 44-year-old boxing promoter son Eddie, has made history in a variety of sports. It began in the 1980s with snooker and is currently the world champion in boxing and darts.
READ MORE: As the Tyson Fury blockbuster approaches, Eddie Hearn makes a startling remark about Anthony Joshua.
Nobody in the business has done a greater job of turning sports that were formerly thought to be niche into huge triumphs on network television. They even succeeded in bringing fishing on Sky Sports. Indeed, fishing.
But in terms of monetary gain, how much has all that clever marketing success given them?
Eddie Hearn’s fortune
This Monday, for his “Uncensored” YouTube channel, Piers Morgan sat down with the two for an extensive chat that lasted just under two hours. They discussed a wide range of subjects, such as Mike Tyson’s contentious July comeback to the ring and a possible superfight between Tyson Fury and Anthony Joshua.
When the topic of wealth finally came up, Morgan questioned the Hearns about their net worth. And he received a response after some poking and pushing.
Barry revealed that their Matchroom empire is now estimated to be worth an incredible £1 billion. And based on the distribution of shares in that company, Eddie seems to be worth hundreds of millions of pounds.
“We’ve done a family settlement where he’s the major shareholder in this business and my daughter is the second biggest shareholder, because I’m an irrelevance,” Hearn Sr. stated. “I know he’s [Eddie] richer than me.” My life is over. It’s their game now that I won mine.
Barry gave the following response when asked for an exact sum: “The business is worth over a billion.”
The Hearns were quick to emphasize that they recognize the importance of their money, even if they have amassed enormous fortune as a result of their hard work over the past fifty years or more. They also don’t waste it.
Eddie disclosed that although he possesses two Rolls Royce vehicles, he recently had to consider whether it was worth paying 310 Euro for a VIP pick-me service from Dublin airport to attend a Katie Taylor fight. everything to do with cost and value for money.
Hearn is revolutionizing boxing.
Eddie has elevated the Hearn family’s engagement in boxing in the last ten years, although Barry started it in the twentieth century.
His historic $1 billion DAZN US agreement in 2018 opened up new opportunities for the sport, and he has grown into one of the best promotional showmen in the business. Later, he departed from Sky Sports, his longtime dancing partner in the UK, to expand the DAZN partnership worldwide.
The foundation of the Hearn boxing empire in recent years has been Anthony Joshua, the two-time world heavyweight champion who has developed into a megastar who is well-known outside of sports.
It truly is an Essex success story, and it continues to grow.