Tyson Fury's stunning net worth, 'split' from wife Paris and family life after boxing retirement

Tyson Fury, the two-time world champion who has made a fortune in the ring, has shockingly announced his retirement from boxing.

The Morecambe-based heavyweight was expected to face fellow British heavyweight Anthony Joshua in 2025, but it seems that this fight is no longer on the horizon. The surprising news comes after the Gypsy King lost his last fight in December against heavyweight champion Oleksandr Usyk, marking his second defeat by the Ukrainian.

Fury disclosed his decision to retire in a brief video on social media. Despite losing the rematch, Fury shared a staggering £150million with Usyk, significantly increasing his net worth, although he missed out on an additional £30m.

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Usyk defeated Fury in a unanimous decision, with all three judges scoring the contest 116-112, allowing the Ukrainian to retain his WBA Super heavyweight, 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 pocketed £79m from his first bout against Usyk, and his net worth was estimated at around £41m before their initial face-off in May. The duo were set to split approximately £150m from this fight, meaning they would each bag around £75m regardless of the result.

Fury was projected to earn an estimated £60m for the fight, but tax complications meant he would forfeit about half of this money simply by exiting the country. According to Celebrity Net Worth, Fury's wealth was estimated at £111m prior to the fight, and his earnings will only boost this fortune further.

Following Fury's defeat, data analysis from JeffBet has calculated that nearly £30m of his prize money will be seized by tax authorities due to UK income tax and national insurance contributions when he returns to his homeland, 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 pointed out that as a UK resident, Fury is obliged to pay tax on his overseas earnings, and it's probable that his team has sought tax advice to minimise his liability. Fury's retirement announcement means he will have more time to spend with his wife Paris and their seven children.

However, Fury has already stated that he won't leave any of his wealth to his offspring. Fury, also known as 'The Gypsy King,' took a three-month separation from his wife Paris and their children during the lead-up to his fight with Oleksandr Usyk, citing the need for focus.

This isn't new terrain for the couple; before their marriage, Paris once cancelled their wedding due to Fury's self-centred ways. He had nonchalantly shifted their wedding date forward after failing to qualify for the 2008 Beijing Olympics—a decision which certainly did not sit well with Paris.

In her memoir, "Love and Fury," Paris divulged: "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 encountering difficulties, the couple persevered with their plans, sticking to their original wedding date. They celebrated their union in Doncaster before a gathering of 300 friends and family; Paris was just 19, and Tyson 20 at that time.

The family has since grown to include seven children and they've all become recognisable figures from the popular Netflix series 'At Home with the Furys'. All of Tyson's sons are blessed with the regal name 'Prince'.

On the reason behind this choice, Tyson explained: "I'm a king and they're princes until they earn their rightful name."

Despite his affection for his children – Venezuela, Prince John James, Prince Tyson II, Valencia, Prince Adonis, Athena, and Prince Rico Paris – Fury is determined that his wealth will not simply be handed to them. He wants them to make their way in the world independently.

"I want my kids to get their own money, do their own things and be their own people," he stated firmly. "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."