If you have ever wondered how much money you can make boxing for a living, you will just want to talk to Ricky Hatton. He is currently one of the richest boxers in the world. Do not think for a second, however, that he has not worked hard to get where he is today. It has been a lifetime in the making. He is a British boxer who was able to compete professionally from 1997 all the way until his retirement in 2009. Beyond that, he has plied his trade as both a boxing promoter and a trainer. He loves the sport that has earned him a net worth of $40 million. Continue reading to learn just how he was able to accumulate such a massive amount of money in such a short period of time.
Net Worth $40 Million
Name Richard John Hatton
Born Stockport, Greater Manchester
Birth Date October 06, 1978
Source of Wealth British Former Professional Boxer
Ricky Hatton had quite an illustrious boxing career. At the top, he was privileged enough to hold multiple different world championship belts. With each victory came even more money. In addition, he was able to win one welterweight title during his career as well. This was lead him to be ranked as one the best and most powerful light welterweights from Britain in history.
As mentioned, Hatton has held quite a few different titles throughout his career. Back in 205, he was named the Fighter of the Year, so you know that he has been quite successful. Let’s go back even further to 2000. That was the year that he won the light welterweight title in Britain. This would be followed up quickly in 2006 with him taking home the WBU title the next year in 2006. This would start a string of title defenses that would last from 2001 all the way until 2004. That would amount 15 different bouts before it would come to an end, and that would be a record.
As if that were not enough, 2005 would be even better. That was the year that he was able to fight and defeat Kostya Tszyu. This would give control of both the Ring and lineal titles in the IBF. A bit later in that same year, he would win the WBA super title outright by defeating Carlos Maussa. This would end up making him a unified world champion in the light=welterweight division. That would further solidify his place at the top of the boxing world. In addition to the prize money he was earning, the endorsement and sponsorship opportunities were now flooding his was as well.
It was in 2006 that he ended up debuting as a welterweight fighter. He actually won a tough fought victory against Luis Collazo in that first fight. As that time, Luis Collazo was the WBA Champion, so this would give Hatton a world championship belt in yet another weight class. He would actually go back to the light-welterweight division in 2007 to fight for a now vacant IBF title. This would be the second time he did so. In addition, he would go for the IBO title. Each appearance in the ring was now bringing in hundreds of thousands of dollars for Hatton alone. Keep in mind that Hatton had still not been defeated as a professional boxer up to this point. That is still one of the more impressive runs in boxing history.
It was in 2007, however, the defeat would finally follow Hatton into the ring. This would come at the gloves of Floyd Mayweather Jr. It was Hatton’s attempt to win the WBC Ring and Lineal welterweight titles. It was a tough fight that seemed to really take a vicious toll on Hatton’s ability to perform well in the ring. He would return to the ring in 2009 and lose to Manny Pacquiao. That resulted in him losing both of his IBO light-welterweight titles. That has done little to impact his overall net worth, however, as the money had already been made. He is still a successful figure in the sports world in Britain and continues to command quite a following.
After his second defeat to Pacquiao, Hatton took a long break from the sport. He would eventually announce that he was officially retiring from the sport of boxing back in 2011. That did not last long, as he decided to come back in 2012 for another fight. This would be more than three years than has last official time in the ring, which of course resulted in defeat. This fight would be against Vyacheslav Senchenko. Hatton would end up losing. After the fight, Hatton announced to the boxing world that he was really hanging up his gloves for the last time. He would end up losing only 3 times in his career, which is quite impressive.
Pay Per View Helps
Once might wonder again how successful Ricky Hatton was as a money earner. He began fighting at a time when pay per view boxing was starting to enter the mainstream. He was able to take part in two such fights. He would lose both of them, once to Floyd Mayweather in 2007 and another to Manny Pacquiao in 2009. However, he would still earn millions from each fight. The Mayweather fight saw more than 2 million in the United States and the United Kingdom pay to tune in. For its part, the Pacquiao fight would bring in another 1.75 million viewers combined. That kind of money is hard to deny.
Hatton is also known for giving to charity. He has a successful training business, and he has also dabbled in boxing promotion. Given his name recognition and the fact that he is still relatively young, there is no reason to think that he will not continue to be successful in the sport of boxing in the future. He might not physically be in the ring, but future boxers will look to him for guidance and advice. He is still a spokesperson and role model for the sport, so that will likely bring in more endorsements over time as well.