WBC heavyweight champion Tyson Fury is reportedly considering a move to the Isle of Man, a well-known tax haven for the super-rich. The boxer, who is already worth an estimated £50 million, has viewed a luxury mansion on the island, according to reports from the Mirror.
The property, Billown Manor, is located near the village of Ballabeg and boasts six double ensuite bedrooms, two self-contained two-bedroom flats, a ballroom, swimming pool, gym, and tennis court. It also has its own private helipad and is available to rent for £10,000 per month, with a minimum two-year contract.
The Isle of Man offers generous tax breaks, including a cap on annual income tax at £200,000 for wealthy residents. KPMG notes there are no wealth taxes, capital gains taxes, or estate taxes, with a 0% corporate income tax rate and a 20% personal income tax rate. Residents must live on the island for at least half the year to qualify.
Fury has previously expressed interest in moving to the Isle of Man, mentioning it in 2022. He said he was looking at buying a property there, noting it is only a few hours from Morecambe by ferry. The current occupant of Billown Manor is John Whittaker, chairman of the Peel Group, who is reportedly planning to move to another property on the island.
Fury, 35, has amassed his wealth through boxing matches, merchandise, and his Furocity energy drink. He signed a deal worth £165 million, including fights with Francis Ngannou and Oleksandr Usyk. His company, Tyson Fury Limited, had £53 million in assets in 2022. Fury and his wife Paris have seven children.
