Ricky Hatton Net Worth

Ricky Hatton net worth: Boxing record: Total fights: 47, Wins: 45, Wins by KO: 32, Losses: 2

Retired British professional boxer and a current boxing promoter, Richard John “Ricky” Hatton has a net worth of £26 million as of May 2012, according to the Sunday Times Rich List. He joined the family carpet business on leaving school, but after he cut four of his fingers with a knife, his father made him a salesman. He had a football trial but opted for boxing and had his first fight in 1997. He had 47 fights and won 45.

Hatton announced his retirement from boxing in June, having said he had recovered from the depression that followed the shattering second-round knock-out by Manny Pacquiao which cost him his world light-welterweight title crown. He lost his boxing licence after admitting cocaine abuse but is rebuilding his career as a trainer at his Manchester gym and as a promoter. Less than six minutes in the ring with Pacquiao earned Hatton £12 million, taking his career prize money to £37 million. Since 2009, he has been promoting fights through Hatton Promotions, which handles boxers such as his brother, Matthew. Hatton’s main company, Punch Promotions, went from a £7.8 million profit to a £2.47 million loss in 2010 when its net assets fell by £2.2 million to £25.6 million.