EAST LOTHIAN boxing champion Josh Taylor has increased his fortune by more than 5000%, according to newly released figures.

The 33-year-old was crowned undisputed light-welterweight champion after his win over American opponent Jose Ramirez in 2021.

This victory meant that Josh became the first British fighter to claim WBO, WBA, IBF and WBC titles simultaneously since 2004.

Despite losing the last of these belts to Teofimo Lopez last year, the 'Tartan Tornado' from Prestonpans in East Lothian has seen a massive increase in his worth.

Scots former boxing champion sees fortune increase by over 5000%

Accounts filed for the company Laser Sports showed that it declared total assets of £4,938,619 in 2023.

The company was also found to owe creditors around £430,709, leaving Josh Taylor and the firm's shareholders with funds of £4,507,910 - a rise of more than £1.2 million compared to the previous year's figures.

Five years ago, the company's shareholder funds were found to be just £86,551.

Taylor set up the London-based firm in 2015 when he turned professional after his gold medal win at the 2014 Glasgow Commonwealth Games.

He and his wife Danielle are the directors of the company with both of them owning all of its shares.

The pair married in 2022 in a lavish ceremony at Kinmount House near Annan, Dumfriesshire.

Ahead of the wedding, the former boxing champion was given a stern warning by his wife-to-be to put the fighting aside in the months leading up to the big day.

Danielle said: "Everything we do comes after Josh's fights and that has been the story of our lives.

"It has been me organising most of the wedding, but he's already been well warned that he will be pulling his weight after next weekend is out of the way.

"It's looking like it will be his last fight. It bloody better be, as I'm not coming down the aisle to see him standing there with cuts and a black eye."