Matchroom Sports Empire was founded by Hearn, who is also the founder of Matchroom Sports.
The organizer of the Matchroom Sports domain announced his resignation from the Crucible Theatre in Sheffield, home of the most recent Betfred World Championship in snooker, after his outstanding and exceptional services.
Hearn, 72, who founded his company in 1982, made a fortune in snooker before branching out into other sports like fishing, boxing, tenpin bowling, pool, darts, ping pong, netball, and poker.
Despite his involvement in all of these sports, Hearn refers to snooker as his “primary love.” In 1974, he purchased and managed the Lucania snooker club chain.
Hearn declared the day in 1976 when towering youngster Steve Davis entered the Romford branch a “Sliding Doors” memory.
Hearn was also the owner and administrator of Leyton Orient Football Club between 1995 and 2014.
Davis had won his first world title exactly 40 years before, in 1981, an event that Hearn fondly recalls as his favorite memory as an enthusiastic supporter. According to him, he realized a long time ago that his destiny was to promote sports rather than becoming a professional player himself.
Despite supervising several of the game’s best players, including Ronnie O’Sullivan, he remembers the day as “the day when two people from Dagenham and Plumstead destroyed the world.”
Chris Eubank’s victory over Nigel Benn in November 1990, which gave him the WBO middleweight world title, was virtually a big step forward for Hearn, second only to boxing.
Following the sharp darts split of 1994, Hearn’s new PDC overcame adversity to become the bolts game’s considered best quality level, with Phil Taylor – who, like Davis, was also under Hearn’s control – filling in as the game’s charm.
Berry’s seat has been given to Berry’s heir, Eddie, who is now a prominent part of the boxing scene, with world heavyweight champion Anthony Joshua as his secret weapon, in a family organization.
Despite suffering two cardiovascular problems, coming near to liquidation in the 1990s when he risked everything on satellite network Sky, and then contracting Covid-19 a year ago, Hearn has maintained his incredible and tireless attitude.
Hearn’s net worth was estimated to be £158 million in 2020, according to the Sunday Times Rich List, owing to Matchroom’s success in Brentwood.