Russian professional boxer Sergey Kovalev has an estimated net worth of £5 million.
Born April 2, 1983, Kovalev started boxing in 1994 at age 11, and made his amateur debut in 1997 in the Russian Boxing Junior Championship, where he won the gold medal in the middleweight juniors division.
How did Kovalev become a millionaire?
One year after winning his gold medal, Kovalev competed with the seniors and reached the final, and a year after that, he won the final fight. For Team Russia, he competed in the European Championships.
In 2004, Kovalev partook in the Russian Senior Championship, and in his first season, he achieved the last furthermore won the gold medal in the group occasion. The following year was the best in his career as a beginner in winning two titles: the first as champion of Russia and the second as champion among servicemen. In the 2006 title for servicemen, he won the silver, and after a year, he took bronze in the Russian Championship and gold in the World Military Games in India.
In 2008, Kovalev participated in his last national competition and again made the final; after that, he chose to turn professional.
Kovalev is a unified light heavyweight world champion, having held the WBA (Undisputed) and IBF titles since 2014, and the WBO title since 2013 The Ring magazine named him their Fighter of the Year in 2014,[2] and starting July 2016 he is positioned as the world’s best light heavyweight by The Ring and BoxRec; both of which additionally rank him as the world’s second best boxer, pound for pound. Kovalev is notable for his impressive punching power, with 84% of his wins accomplished by knockout.