Knockout: Boxing champion Josh Taylor has banked almost £1.2 million
Boxing champion Josh Taylor has boosted his fortune to more than £1 million, new figures have revealed.
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The 30-year-old was crowned the undisputed light-welterweight champion of the world after his win over American opponent Jose Ramirez in Las Vegas in April.
The victory meant he became the first British fighter to claim the WBO, WBA, IBF and WBC titles simultaneously since the four-belt era officially began in 2004.
Nicknamed the Tartan Tornado, Taylor, from Prestonpans, East Lothian, is set to see his income soar as money-spinning fights at huge venues are being lined up for him.Accounts just filed for company Laser Sports show it declared total assets of £1,191,045 for 2020.
The company owed creditors £176,478 within a year leaving Taylor with shareholder funds of £1,014,567 - a rise of almost £260,000 on the previous year's figure of £755,194.
Two years ago, the firm's shareholder funds were just £86,551.
Taylor set up the London-based business in August 2015 shortly after he turned professional following his gold medal win at 2014 Glasgow Commonwealth Games.
He is the sole director of the company and owns all the shares in it.
Last year he also set up a property investment firm called Tartan Tornado Properties for the 'buying and selling of own real estate'.
That company, which is based in Musselburgh, East Lothian, is yet to file its first set of accounts.
Taylor returned to his hometown of Prestonpans to a hero's welcome following his title win but told of his frustration that he couldn't spend more time with those who had lined the streets because of quarantine guidelines.
He said: "The homecoming in Prestonpans was really cool. Driving back home, the streets were filled with familiar faces - friends, family and so many people I've known for so long.
"I wanted to thank them all for their support. Instead, I had to stay in the car, wave and take a couple of quick selfies. I gave my dad a quick hug and lifted his hand up.
"Then I had to come away and come down the road, come home and just sit here."
Taylor is set to return to the ring in December in a mandatory defence against Jack Catterall at the SSE Hydro in Glasgow.
He has said he would love to bring one of his next fights to Edinburgh Castle or Easter Road, home of his beloved Hibs.