Edward John Hearn is a well-known British sports promoter. His net worth is a topic of interest among social media users. They want to know how much he earned as a sports promoter. In this post, you will get all the information related to his earnings.
How Much is Eddie Hearn’s Net Worth?
Eddie Hearn’s net worth is estimated to be $ 50 million. He is a director of the Professional Darts Corporation. He is also the group executive director of Matchroom Sport and Matchroom Boxing. His father, Barry Hearn, started the business that is now called Matchroom Sport.
Eddie Hearn’s main job is to keep the company’s TV boxing deal with Sky Sports in the UK. Eddie Hearn announced the first $1 billion deal in boxing in 2018 when Matchroom made a deal with DAZN to watch shows in the United States. Hearn is well-known on YouTube and used to work for IFLTV.
People like Anthony Joshua, Oleksandr Usyk, Kell Brook, Khalid Yafai, Ryan Burnett, Dillian Whyte, Artur Beterbiev, Danny Jacobs, Luke Campbell, Demetrius Andrade, Tony Bellew, Maurice Hooker, Tevin Farmer, Katie Taylor, Devin Haney, Rocky Fielding, Callum Smith and more have been promoted by Eddie Hearn. Below you will read about Eddie’s school and professional life.
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Was Eddie Hearn Good at Studies?
Hearn went to the private Brentwood School, Ess*x. He did not get into the sixth form at Brentwood School because his GCSEs were not good enough. Hearn was very good at cricket and football. His father Barry asked the school to let him stay because of his sports record, but the school said no.
He then went to Havering Sixth Form College in Hornchurch, which was not selective. Barry promised Hearn £1,000 if he got a C or better in his A-level topics of media studies, physical education and business studies. This made him want to study. Hearn got three grades: two Cs, and one A.
When Did Eddie Hearn Start His Professional Career?
Eddie Hearn started his career in the West End at a sports management company that worked with golfers after he finished school. He later moved on to promote online poker with Matchroom, whose events were shown all over the world.
They were shown on Channel 4, Channel 5, and Sky Sports in the UK. He met Audley Harrison at a poker game and decided to help him get his career back on track. He set up a fight for Harrison with heavyweight champion David Haye for Haye’s WBA title, which was the start of Matchroom Boxing’s growth.
Hearn signed a deal with UK station Sky Sports in 2015 to have up to 20 shows a year shown only on Sky Sports. There was a deal in place for 6 years, until 2021. Hearn has put on some big events like Carl Froch vs. George Groves II in 2014 and Anthony Joshua vs. Wladimir Klitschko in 2017. Both fights took place at Wembley Stadium and drew 80,000 and 90,000 people, respectively.
Hearn announced in May 2018 that Matchroom and streaming service DAZN had signed a deal to watch boxing shows all over the United States. This was the first-ever $1 billion boxing deal, or £750 million. As part of the deal, Hearn and Matchroom Boxing would put on 16 shows in the U.S. that could only be watched on DAZN in the U.S.
Furthermore, 16 of his shows in the UK will also be shown on the service. Hearn decided to promote a professional boxing match between YouTube stars KSI and Logan Paul in 2019. The match took place at the Staples Center in Los Angeles on November 9, 2019.
Boxing fans all over the world were very critical of this match. In April 2021, Hearn’s father gave up his position as chairman to become president of the group with advisory duties. This made it possible for him to become Chairman of the Matchroom Sport Group of Companies.
Hearn revealed on June 3, 2021, that he had signed a 5-year deal with streaming service DAZN that would bring all of his Matchroom fighters to the service. This meant that Matchroom’s partnership with Sky Sports in the UK and Ireland would end.
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