By Introduction
Errol Spence Jr. is one of the most dominant fighters in professional boxing today. As a welterweight champion, he has built an impressive career with multiple world titles and high-profile fights. His success in the ring has translated into substantial wealth, with millions earned from fight purses, pay-per-view (PPV) revenue, and endorsements.
In this in-depth analysis, we will break down Errol Spence Jr.’s net worth in 2025, his career earnings, assets, and future financial outlook.
What Is Errol Spence Jr.’s Net Worth in 2025?
As of 2025, Errol Spence Jr.’s net worth is estimated at $20 million. His wealth comes from multiple sources, including:
- Fight purses – Millions earned from his biggest bouts.
- PPV earnings – Revenue shares from major fights.
- Endorsements and sponsorships – Deals with major brands.
- Business ventures and investments – Properties and other financial ventures.
Net Worth Growth Over the Years
| Year | Estimated Net Worth |
|---|---|
| 2018 | $5 million |
| 2020 | $10 million |
| 2023 | $15 million |
| 2025 | $20 million |
Spence Jr.’s net worth has increased significantly due to major fights, including those against Shawn Porter, Mikey Garcia, and Terence Crawford.
Early Life and Background
Errol Spence Jr. was born on March 3, 1990, in Long Island, New York, but was raised in Dallas, Texas. His father, Errol Spence Sr., is of Jamaican descent, while his mother, Debra Spence, is Black.
Amateur Boxing Career
- Won the United States National Championships three times (2009–2011).
- Represented the USA in the 2012 Olympics.
- Had an impressive amateur record of 135-12 before turning pro.
Professional Boxing Career & Major Earnings
Professional Debut and Early Success
Spence Jr. made his professional boxing debut in November 2012, quickly rising through the ranks with a string of knockout victories.
Biggest Fight Purses and PPV Earnings
| Opponent | Year | Fight Purse | PPV Earnings | Total Earnings |
|---|---|---|---|---|
| Kell Brook | 2017 | $3 million | $2 million | $5 million |
| Mikey Garcia | 2019 | $3 million | $4 million | $7 million |
| Shawn Porter | 2019 | $3.5 million | $3 million | $6.5 million |
| Danny Garcia | 2020 | $5 million | $3 million | $8 million |
| Terence Crawford | 2023 | $10 million | $10 million | $20 million |
His fight against Terence Crawford in July 2023 was his highest-grossing bout, earning him a staggering $20 million in total payouts.
Business Ventures & Other Income Sources
Apart from boxing, Spence Jr. has multiple income streams:
- Endorsement deals – Brands like Nike and Everlast have sponsored him.
- Investments – He has invested in real estate and other businesses.
- Merchandise sales – His official brand sells apparel and boxing gear.
Lifestyle & Expenses
Spence Jr. enjoys a lavish lifestyle but also makes smart financial decisions. Some of his notable assets include:
Real Estate
- Owns a luxury mansion in Dallas, Texas, valued at $2.5 million.
- Owns multiple investment properties across Texas.
Luxury Cars
| Car Model | Estimated Value |
|---|---|
| Lamborghini Aventador | $500,000 |
| Ferrari 488 Spider | $350,000 |
| Rolls-Royce Ghost | $400,000 |
| Bentley Continental GT | $300,000 |
Philanthropy
Despite his wealth, Spence Jr. gives back through charity events and youth boxing programs.
Financial Challenges & Setbacks
Car Accident in 2019
- In October 2019, Spence Jr. survived a serious car crash in his Ferrari.
- He suffered facial injuries but made a full recovery.
- The accident delayed his fight schedule, impacting earnings temporarily.
Eye Injury in 2021
- Suffered a retinal detachment, leading to the cancellation of a fight against Manny Pacquiao.
- Lost out on a $10 million payday due to the injury.
Future Earnings Potential & Career Outlook
Upcoming Fights
Spence Jr. has several big fights lined up, including possible rematches with Terence Crawford and Keith Thurman. These fights could earn him another $10-15 million per bout.
Potential Business Expansion
- Plans to launch a boxing promotion company.
- Investing in fitness centers and boxing gyms.
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FAQ
What is Errol Spence Jr.’s net worth?
As of 2025, Errol Spence Jr.’s net worth is approximately $20 million, earned through fight purses, PPV earnings, endorsements, and investments.
How rich is Errol Spence?
Spence is one of the richest welterweight boxers, accumulating over $60 million in career earnings, with his wealth continuing to grow.
How much did Crawford make vs. Spence?
In their 2023 fight, Terence Crawford earned $20 million, the same as Spence Jr., from fight purses and PPV revenue.
Did Ryan Garcia pay Errol Spence?
There is no verified information that Ryan Garcia paid Errol Spence Jr. for any business deals or fight-related transactions.
Conclusion
With an estimated net worth of $20 million in 2025, Errol Spence Jr. has solidified himself as one of the wealthiest boxers in the world. His earnings from fight purses, PPV sales, endorsements, and investments have helped him build generational wealth.
As he continues his career, his net worth is expected to rise, especially with upcoming fights and business ventures. Spence Jr. is not just a great boxer; he’s a savvy businessman ensuring long-term financial success.
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