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Eddie Hearn Net Worth, Career Earnings, Business Ventures & Personal Life: How Much Is The Boxing Promoter Worth?
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Get to know Paul Kelly betterPublished16 Sep 2024
Here at SportsCasting, we have decided to take an in-depth look at the career of Matchroom Boxing chairman Eddie Hearn. This includes his net worth, career earnings, business ventures and details of his personal life.
Eddie Hearn Net Worth Estimated At £50 Million+
We have decided to take an in-depth look at Eddie Hearn’s net worth, career earnings, business ventures and his personal life. Having scoured the internet and gathered information from various sources, we can confirm that Eddie Hearn’s net worth is estimated to be a minimum of £50 million.
The 45-year-old is worth an absolute fortune and is one of the biggest names in the sport of boxing. This is ironic, given the fact he isn’t a fighter. However, when it comes to the sport of boxing, Eddie Hearn is a huge name. He is the UK’s leading boxing promoter, and has now established himself as one of the biggest promoters globally.
Celebrity Net Worth now estimates his net worth to be at least £50 million, based on his lifetime earnings. This comes as no surprise, given the rapid growth and popularity of boxing in recent years. Yes, boxing has always been huge, but Eddie Hearn has steered Matchroom Boxing since 2012 from small-time enterprise to global brand.
Not only that, but the pay-per-view numbers, gate revenue and endorsement deals in boxing today are mind-boggling. Of course this is not totally down to Eddie Hearn, but he has certainly stamped his authority on the sport of boxing as a whole and it’s growth in the past decade.
Eddie Hearn Career Earnings
Ever since Eddie Hearn began his boxing journey, he has gradually earned more money. This is of course thanks to the growing popularity of boxing all around the world, with Matchroom Boxing very much at the core of that success.
As the CEO and Chairman, Eddie Hearn understandably takes a cut of Matchroom Sport’s profits each year as a salary. Of course, this varies based on how well his events perform throughout the year and the revenue they generate.
For example, Eddie Hearn played an integral part in boxing’s first ever $1 billion boxing deal (£750 million). Matchroom signed an agreement with streaming service DAZN back in May 2018, in an agreement to stream shows across the US. Now, Matchroom solely stage their boxing shows on the DAZN platform.
According to The Sports Lite, Eddie Hearn can make around £15 million annually for himself. Again, we emphasise that this figure likely fluctuates on a regular basis, and is an approximate figure depending on the success and earnings of Matchroom Boxing as a whole.
It is also worth noting that the 1979-born boxing promoter takes a cut of his fighters purses. Given the fact that he works with fighters such as Anthony Joshua, Leigh Wood and Katie Taylor, it’s fair to assume that Eddie Hearn takes home a lucrative cut of each of their fight purses every time they step foot in the ring, purely for being their promoter.
Is it any wonder Eddie Hearn is a multi-millionaire and worth almost £50 million? Fair play to him. He has evidently worked extremely hard to get to where he is today.
Business Ventures of Eddie Hearn
Another reason that Eddie Hearn has a net worth of over £50 million and has stratospheric career earnings is due to the fact he has multiple business ventures. Given his immense success as a businessman and entrepreneur, the 45-year-old is one extremely rich man.
Alongside Matchroom Boxing, Eddie Hearn of course has a major say in the other sports that Matchroom Sports are involved in. Matchroom Sport as a promotional company are heavily involved in sports such as darts, snooker, fishing and golf as well as boxing.
Barry Hearn was of course the original entrepreneur who got Matchroom Sport’s foot in the door with these various sports. However, Eddie Hearn has brought that to a whole other level in recent years.
Boxing is still Matchroom’s biggest earner, with darts now coming in second. Boxing now accounts for over half ($235 million) of Matchroom Sport’s estimated annual sales and nearly $20 million of its cash flow (source: Forbes).
In the 2023 fiscal year (ended June 30), it is estimated that Matchroom Sport as a business posted revenue of $365 million and a net profit of over $60 million. Again, boxing is one of the main reasons for this success, but not entirely.
Eddie Hearn is clearly a very clever businessman, who knows how to earn a pound note or two! More recently, Hearn even did an interview saying that he reckons Matchroom could be worth over £1 billion now.
Eddie Hearn Real Estate & Car Collection
Another reason Eddie Hearn has a net worth of almost £50 million is down to his portfolio of real estate, cars and art. The 45-year-old has let fans into his life a little more in recent years, showing the Matchroom Boxing headquarters to fans.
In the countryside of Essex in a place called Brentwood is where Matchroom Sport HQ is located. During the COVID-19 pandemic, Eddie Hearn of course stages some of his boxing show’s here, which he names ‘Fight Camp’.
It was actually Eddie’s father, Barry Hearn, who acquired the estate over 30 years ago. According to The Sun, Barry Hearn reportedly bought the house for £200k, but it is estimated to be worth over ten-times that amount now.
It is also worth mentioning that Hearn possesses an impressive portfolio of real estate assets. These properties could include vacation homes, investment properties, or additional residences.
His car collection is also incredible. Hearn has more than one supercar, including the likes of a Ferrari F430, Rolls-Royce Ghost, Lamborghini Aventador and s Range Rover Sport to name but a few. The British boxing promoter’s car collection is a reflection of his love for luxury, owning some of the most iconic and sought-after cars in the world.
Eddie Hearn Personal Life
Away from his career and life as an entrepreneur, Eddie Hearn was formerly a married man and has two children.
There have been rife rumours that Hearn is now dating Skye Nicolson – a 28-year-old Australian boxer who Hearn signed to his stable of fighters in recent years. These rumours have not been confirmed by Hearn or Nicolson, so at the minute this is just sheer speculation.
The 1979-born businessman was definitely previously married to wife Chloe Hearn, with the pair having two daughters. It is evident that the Matchroom Boxing CEO likes to keep his personal life under wraps, which is understandable when you life your life in full view of the public.
Hearn has recently really focused on his fitness, losing over three stone in weight. He likes to keep himself in shape now through going to the gym and running. These are his interests away from boxing when he gets to have some down time.
This is a short summary of Eddie Hearn’s life. He is an extremely successful businessman, who has climbed the corporate ladder all the way to the very top. Matchroom Boxing are one of the biggest sporting brands in the world now, partly down to Eddie Hearn himself.
Be sure to claim the various offers with the best boxing betting sites in the UK available on the SportsCasting site ahead of the next big Matchroom Boxing fight night.