How much is Eddie Hearn worth?
| Net Worth: | $50 Million |
|---|---|
| Profession: | Professional Sports Promoter |
| Date of Birth: | June 8, 1979 (age 43) |
| Country: | United Kingdom |
| Height: | 6 ft 5 in (1.96 m) |
About Eddie Hearn
Eddie Hearn, whose full name is Edward John Hearn, is an English author, businessman, and sports promoter. Presently, he is the group managing director of the company Matchroom Sport, which was founded by his father. In addition to that, Eddie is also the director of the darts organization PDC (Professional Darts Corporation).
Working with highly ranked fighters such as Anthony Joshua, Mikey Garcia, Canelo Alvarez, and Carl Froch is what made the businessman so rich. Prior to that, he focused his attention on Matchroom Sport in the early years of the new millennium. Just like his father, through Matchroom, he is involved in many sports including darts, golf, fishing, snooker, table tennis, and tenpin bowling from which he is earning an estimated $15 million per year.
Eddie Hearn was born on June 8, 1979 in Dagenham, East London. He was a student at the local Brentwood School in Essex. Edward failed to enter the sixth form at Brentwood School, mainly because he flunked his GCSEs (General Certificate of Secondary Education). He played cricket and football at a decent level but didn’t think of pursuing a career in any of these sports.
His father is Barry Hearn, an English sporting events promoter, founded the promotions company Matchroom Sport, which Eddie is presently directing. After his graduation from high school, Eddie enrolled at the Havering Sixth Form College in Hornchurch. After he earned his degree in the early 2000s, he began promoting for his father. His career began in the West End, where he worked as a manager to a sports management company representing golfers and online poker.
As a promoter, Eddie has promoted many world champions as well as highly ranked professional fighters ever since he began working as the managing director of the company. Among some of the most prolific names that he has worked with are Anthony Joshua, Amir Khan, Josh Warrington, Cale Froch, and Kell Brook to name a few.
Perhaps the largest even in recent memory that the businessman and sports promoter is responsible for is Joshua vs Klitschko. The boxing match took place in April 2017 at the Wembley Stadium and in general, it generated an estimated $65 million.
In May 2018, he revealed the first boxing deal worth $1 billion, which happened when Matchroom and the streaming service DAZN signed an agreement to stream shows around the world. The following year, he signed co-promotional deals with the boxers Devin Haney and Gennady Golovkin. A few months later, he was responsible for the controversial and heavily criticized professional boxing match between the YouTubers KSI and Logan Paul.
After multiple reports and rumors, in March 2020, both Eddie Hearn and Bob Arum (from the boxing company Top Rank) officially signed the boxing deal and announced that the highly anticipated fight between the champion Anthony Joshua and his mandatory challenger Kubrat Pulev (which has been delayed since November 2017) will finally take place at the SSE Arena in London in mid-December.
What makes the sports promoter so successful is his association with the Sky Sports network as well as many other wealthy organizations in the entertainment business. Ever since he became the group managing director of Matchroom Sport, he has helped the company boom on an international level. He signed multi-million deals with Channel 4, Channel 5, and Sky Sports to broadcast up to 20 shows per year and established Matchroom Boxing – the leading boxing promoter in the world.
Summing-Up
Eddie Hearn is one of the wealthiest sports business figures not just in the United Kingdom but in the entire world. He began his career in the early 2000s, just a few months after his graduation from college. Since then, he has collaborated with some of the leading channels and networks, as well as boxing companies and organizations for the production of some of the largest boxing fights in the century.
