Why Tyson Fury has lost half of his earnings from Oleksandr Usyk fight after suffering defeat
WATCH NOW: GB News sport round-up
Tyson Fury's net worth is set to soar despite losing approximately £30 million to UK tax authorities following his controversial defeat to Oleksandr Usyk in Saudi Arabia.
The British heavyweight boxer shared a £150 million prize purse with Usyk after their rematch on Saturday evening.
Fury suffered his second consecutive loss to the Ukrainian champion, who retained his WBA Super heavyweight, WBC and WBO heavyweight titles via unanimous decision.
All three judges scored the contest 116-112 in Usyk's favour, though Fury has disputed the outcome, claiming he was the rightful winner of the bout.
Tyson Fury was beaten on points by Oleksandr Usyk
Reuters
Before his latest bout, Celebrity Net Worth estimated Fury's wealth at £111 million, a figure set to increase despite his defeat.
The Gypsy King had previously earned £79 million from his first fight against Usyk in May, when his estimated worth stood at £41 million.
The rematch saw both fighters guaranteed approximately £75 million each from the shared £150 million purse, regardless of the outcome.
Fury was expected to earn around £60 million from the fight, though tax implications would significantly reduce his take-home earnings.
Data analysis from JeffBet reveals that nearly £30 million of Fury's prize money will be claimed by UK tax authorities upon his return home.
Approximately 47 per cent of his earnings will go to His Majesty's Revenue and Customs (HMRC), including £28 million in income tax and £1.2 million in national insurance contributions.
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."
The spokesperson added that the Fury camp will have sought the most beneficial tax agreement possible.
Tyson Fury has now lost twice to Oleksandr Usyk
Reuters
Despite the clear judges' scorecards, Fury remained adamant about his performance in the ring.
"He never hurt me once. Not a mark on me. I took it more serious.
"I was on that front foot more," said the British heavyweight after the fight.
Tyson Fury lost a large portion of his purse to tax
Reuters
Fury further contested the decision, stating: "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," he added.
You may like
