Tyson Fury's huge net worth, 'split' from wife Paris and family life with seven children

Tyson Fury released a shock statement on Monday as he claimed he was announcing his retirement from boxing for a third time.

The 36-year-old former world heavyweight champion lost his second fight with Oleksandr Usyk last month in Saudi Arabia.

Fury said in a cryptic video message posted on Instagram: “Hi everybody, I’m going to make this short and sweet.

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“I’d like to announce my retirement from boxing. It’s been a blast. I’ve loved every single minute of it and I’m going to end with this: ‘Dick Turpin wore a mask’. God bless everybody, see you on the other side.”

Fury has amassed a fortune from his exploits in the ring. The two-time world champion has fought in some of the biggest bouts over the last decade, reports Chronicle Live.

The Morecambe-based heavyweight was tipped to fight fellow British heavyweight Anthony Joshua in 2025 but it appears the fight is no longer on the cards.

Fury shared a whopping £150million with Usyk, significantly boosting his net worth, despite missing out on an additional £30m due to losing the rematch. Fury was defeated by Usyk via unanimous decision, with all three judges scoring the contest 116-112, allowing the Ukrainian to retain his WBA, WBC and WBO heavyweight titles.

The 37-year-old initially triumphed over the Gypsy King in a split decision in May, leading to a rematch just before Christmas in Saudi Arabia. Despite Fury's strong start in the first half of the fight, Usyk fought back and dominated the remainder of the bout, defeating the 36-year-old British fighter.

Fury had previously earned £79m from his first fight against Usyk, and his net worth was estimated at around £41m prior to their initial match-up in May. The pair were set to share approximately £150m from the rematch, meaning they would each receive around £75m regardless of the outcome.

It was reported that Fury was expected to earn an estimated £60m for the fight, but tax issues meant he would lose about half of this money simply by leaving the country. According to Celebrity Net Worth, Fury was worth an estimated £111m before the fight, and his earnings will only increase this wealth further.

Since Fury's defeat, data analysis from JeffBet has calculated that nearly £30m of his prize money will be claimed by tax authorities due to UK income tax and national insurance contributions when he returns to his home country, reports the Mirror.

It is estimated that around 47% of Fury's winnings will go to HMRC, with £28m for income tax and £1.2m 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 be able to spend more time with his wife Paris and their seven children. However, Fury has already claimed that he won't leave any of his fortune to his kids.

The Gypsy King spent three months away from Paris and their children in the build-up to the Usyk fight. He revealed that they had decided to spend time apart to let him focus on the fight.

It isn't the first time the couple have 'split up'. Back before they were married, Paris called the wedding off over the selfish attitude of her fiance. Fury had casually told her they were moving the date of their wedding forward after failing to secure his place at the 2008 Beijing Olympics.

In an excerpt from her memoir Love and Fury, Paris explained: "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.

"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."

Despite these troubles, the duo overcame their issues, sticking to their original wedding date and tying the knot in Doncaster before 300 friends and family members. Paris was 19 at the time. and Tyson 20. Since then they have gone on to have seven children together, and all became household names on the hit Netflix show At Home with the Furys.

All of Tyson’s sons share the same fancy first name — Prince. When asked why he had named all his sons after royalty, he said: "I'm a king and they're princes until they earn their rightful name."

Despite being a doting dad, Fury insists that none of his wealth will go to his seven children – Venezuela, Prince John James, Prince Tyson II, Valencia, Prince Adonis, Athena, and Prince Rico Paris. He believes it's vital for them to earn their keep and stand on their own feet.

"I want my kids to get their own money, do their own things and be their own people," he declared. "I don't believe in just giving all your money to your kids but it will make them weak, spoiled and not value anything, worthless. They'll end up getting to 35 and never having done anything for themselves, apart from spending dad's money."

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