Anthony Joshua splashes £150m on property
Anthony Joshua’s huge property spending has been revealed as the heavyweight boxing superstar continues to invest in London’s real estate, according to reports. The 34-year-old has maintained a low-profile since being brutally knocked out by Daniel Dubois in a shock defeat, but away from the sport is an active property developer. Huge investment in boxing largely bankrolled by Saudi Arabia’s interest in the sport has led to fighters such as Joshua lining their pockets with overwhelming riches and the Englishman is being smart with his cash. Joshua has become known as ‘The Landlord’ in his inner circle due to his growing property portfolio that was boosted by the addition of a £30million spend on a huge commercial venture last year. Now it has been revealed that Joshua has spent a total of £150m in just the last 18 months on building his real estate stock, as reported by The Sun. The British household name appears to be securing his future beyond his boxing career and has ambitions to continue throwing his weight around in the industry as he targets new revenue streams. A pal of AJ’s told the publication that he ‘wants to buy up the board’ when referencing the boxer’s fascination for Monopoly and ‘is inundated with investment opportunities but he doesn’t rush into anything.’ Joshua is believed to boast a net worth in excess of £100m after more than decade of multi-million fights and sponsorship deals and the position he finds himself in is impressive given where he started. Along with his real estate investment, the former two-time heavyweight world champion also boasts a garage worth around £1m that includes a £150,000 Range Rover SVO – which was custom made with his name inscribed in the tread plates – and a £93,000 white Jaguar XJR. He also forked out £600,000 on a luxurious Rolls Royce Phantom stretch, a £146,000 Mercedes v8 BiTurbo and a relatively ‘modest’ Audi A3 S-Line. AJ is also a shrewd investor in start-up projects, donates to charitable organisations, is attempting to build his own promotion company and is a key part of the celebrity team that became stakeholders in F1 team Alpine. Joshua could add further millions to his profile if a rematch is agreed with Dubois after the knockout defeat against his younger opponent last month. Promoter Eddie Hearn revealed earlier in the week that Joshua is keen to get back in the ring as a matter of urgency, stating: ‘My initial thought after the fight was, ‘Let’s just chill out, maybe wait for the result of Fury-Usyk’. ‘AJ’s reaction was quite a bit different. He is leaning towards the rematch.’
