Top 5 Richest Sports In The World In 2023: In the growing age of technology which provides us with various entertainment sources, sports haven’t lost its popularity yet. The sports industry is booming and thriving at a rapid pace. Furthermore, Sports as a career is a widely chosen option in current times as successful athletes are prosperous and living lavishly.
Here are the top 5 richest sports in 2023 based on their market value and more.
Top 5 Richest Sports In The World In 2023
5. BoxingÂ
Not only wealthy, but boxing is a widely-popular sport as millions around the world watch and enjoy it. Having its origins in Ancient Greek’s Olympics, many people now pick boxing as their career.
Professional boxers make around $50,000 on average. Nevertheless, they make $1,000 to $4,000 per battle as laymen.
Although Industry’s exact market value is not known yet, World Boxing Association’s revenue is $2.1 million. Besides, one of the richest athletes of current times and renowned boxer, Floyd Mayweather’s net worth is $450 million as per reports. While his total earning from his boxing career is around $1.1 billion.
4. Cricket
Cricket is a profusely popular sport amongst all age groups. We often find people playing cricket on nearby grounds and streets. It is most popular in the United Kingdom, the Netherlands and Indian Subcontinent altogether.
Reportedly the cricket industry’s market value is $346.6 million in 2022 and will reach $385.8 million by 2028.
Sachin Tendulkar is said to be the richest cricketer with a $150 million net worth
3. TennisÂ
The racquet sports industry is $6.06 billion rich. Played indoors, tennis presents rich athletes. Moreover, professional tennis players earn around $30,000 annually. The wealthiest athlete Rafael Nadal earns $41.4 million annually, while Roger Federer’s annual income is $77.2 million.
2. Motor RacingÂ
Motor racing is gaining popularity rapidly in recent times. Formula One, the most popular racing, reported a profit of about $92 million in 2021. Furthermore, the latest F1 season grossed $1.8 billion, with $166.4 million as each team’s revenue.
The Autosport market is likely to grow from $4.8 billion in 2021 to $7.8 billion in 2026. Moreover, a professional racer’s average income is around $70,000 in 2022.
1. Golf
Lastly, Golf reportedly makes it to the list with a market value of US$7 billion. Reputed as the game of rich, Golf has been growing more and more popular lately. Additionally, Businessmen often use golf as a networking opportunity. Many great deals have been cracked over a game of golf.
Golf star, Tiger Woods is the richest among all professional golfers as he has a net worth of around $800 million.
