Two-time world heavyweight champion Tyson Fury has announced his retirement from boxing following his recent defeat to Oleksandr Usyk. Fury's decision to hang up his gloves comes after a successful career filled with numerous high-profile bouts. He will now focus on his family and personal life.
Tyson Fury , the two-time world heavyweight champion known for his captivating performances in some of the most significant boxing matches of the past decade, has announced his retirement from the sport. The Morecambe-based fighter was anticipated to face fellow British heavyweight Anthony Joshua in 2025, but this highly anticipated bout will no longer occur. Fury made the surprising announcement following his recent defeat to heavyweight champion Oleksandr Usyk in December.
This marked the second time the Ukrainian boxer had emerged victorious against Fury. The 37-year-old revealed his decision to retire in a short video on social media, bringing an end to a storied career. Despite the loss in the rematch, Fury and Usyk still shared a staggering £150 million in prize money, significantly boosting Fury's net worth. Although he missed out on an additional £30 million that would have come with a win, Fury's financial standing remained remarkably strong. Usyk secured a unanimous decision victory, with all three judges scoring the match 116-112, allowing him to retain his WBA Super heavyweight, WBC and WBO heavyweight titles. Fury had initially lost to Usyk in a split decision in May, leading to the rematch just before Christmas in Saudi Arabia. While Fury started the fight strongly in the first half, Usyk fought back with determination and dominated the remainder of the bout, defeating the 36-year-old British fighter.Fury's earnings from his first bout against Usyk were £79 million, and his estimated net worth was £41 million before their initial clash in May. With the rematch, the pair were set to share a staggering £150 million, ensuring each would receive around £75 million regardless of the outcome. Fury was expected to make an estimated £60 million from the fight, but due to tax issues, he would have lost approximately half of this sum simply by leaving the country. Celebrity Net Worth estimated Fury's wealth at £111 million before the fight, and his earnings will further increase this fortune. Following Fury's defeat, data analysis from JeffBet suggests that nearly £30 million of his prize money will be claimed by tax authorities due to UK income tax and national insurance contributions upon his return to the UK. It is estimated that approximately 47% of Fury's winnings will go to HMRC, with £28 million for income tax and £1.2 million for national insurance. A spokesperson for JeffBet noted that as a UK resident, Fury is required to pay tax on his overseas earnings, and it's likely that his team has sought tax advice to minimize his liability. Fury's retirement announcement means he will have more time to dedicate to his family, particularly his wife Paris and their seven children. He has made it clear that he does not intend to leave his wealth to his children. During his preparation for the fight against Usyk, Fury spent three months apart from his wife Paris and their children, a decision mutually agreed upon to ensure his focus on the bout. This separation is not new for the couple; before they were married, Paris once canceled their wedding due to Tyson's seemingly self-centred actions. Following his failure to qualify for the 2008 Beijing Olympics, Tyson casually proposed moving their wedding date, leading to a significant disagreement. In her book 'Love and Fury', Paris describes the incident: 'My fiance clearly didn't understand the amount of planning and organisation that went into a wedding. I was beginning to realise how incredibly impulsive he was, the sort of person who lived life in the moment and liked to make decisions on the hoof. In Tyson's world, our big day could be rescheduled on a whim, just like one of his boxing matches. I was having none of it, though, and refused point blank to change the date.' She also recounts the rocky moments in their relationship: 'It was one conflict after another and after an ugly slanging match with him outside Mam's house, I decided to call time on the wedding and our relationship. He thought I was joking and when I dropped the big bombshell, then he realised I was deadly serious.'Amidst various difficulties, the smitten couple held fast to their set wedding date. They said 'I do' in Doncaster amidst the cheers of 300 guests; Paris was but 19, and Tyson a year her senior. Since those humble beginnings, they have become proud parents to seven children, and together they've gained stardom in the hit Netflix series 'At Home with the Furys'. Each of Tyson's sons is named 'Prince', and when asked about it, the boxing champ stated: 'I'm a king and they're princes until they earn their rightful name.' Despite his deep commitment as a father, Tyson Fury has firmly asserted that his children – Venezuela, Prince John James, Prince Tyson II, Valencia, Prince Adonis, Athena, and Prince Rico Paris – will not be handed his wealth. He insists on the importance of them forging their own paths. 'I want my kids to get their own money, do their own things and be their own people,' he has said
Tyson Fury Boxing Retirement Oleksandr Usyk Heavyweight Champion Anthony Joshua
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