Eddie Hearn Net Worth 2018: How Much Has He Made In A Year?
Eddie Hearn’s net worth 2018 – he’s one of the most successful promoters in boxing, working alongside the best fighters in the world – and he’s made a load of cash in the process.
After selling out stadiums in the UK with some of the biggest boxing matches ever, Hearn moved into the US market skyrocketing his stock even further (if that were ever possible).
Since taking over his father’s role as a boxing promoter, the 39-year-old has become one of the most influential figures in the boxing world. From masterminding the rise of Antony Joshua, to organising Carl Froch’s Wembley fight with George Groves, Eddie’s taking the sport by storm.
But just how much is the Brentwood businessman earning?
Who Is Eddie Hearn And What Exactly Does He Do?
If you hadn’t already guessed, Edward Hearn is a boxing promoter from Essex and the son of former promoter Barry. Snr. Hearn founded a company called Matchroom Sport and his son Eddie was appointed as the managing director. The company has a TV contract with Sky Sports – which ends in 2021.
Image Source/World Boxing News
In May, Eddie managed to negotiate boxing’s first ever $1billion deal (£750million) as his company Matchroom and a relatively new streaming giant DAZN agreed to host sixteen 16 American shows, exclusively on the platform.
Revenue has continued to rise for Matchroom – in 2015 they raked in £34 million, increasing to £70.5 million the year after. In 2017, he reached the £100m milestone. That figure included a rise in annual profits from £7.2m to £11.1m.
What Does Eddie Earn?
It’s been revealed that Eddie holds 2,000 shares in the Matchroom company, it’s therefore been calculated that Eddie Hearn’s net worth 2018 was approximately £20 million. Although figures for this year haven’t quite been confirmed, he has an estimated net worth of £25 million+ !
Image Source/The Independent