Wu Yize has seen his web price pushed to the following stage following his World Snooker Championship win, along with his first huge buy lined up.
World champion Wu Yize already has his first main buy lined up after ballooning his web price (Picture: Getty) This text accommodates affiliate hyperlinks, we are going to obtain a fee on any gross sales we generate from it. Study extra
Newly topped snooker world champion Wu Yize has propelled his earnings into the stratosphere following Monday’s victory on the Crucible. His final-frame decider over Shaun Murphy grew to become an instantaneous traditional, whereas the 18-17 triumph virtually means Wu has greater than doubled his earlier profession earnings through the 2025/26 season.
The Chinese language sensation was already sure to rejoice a career-best marketing campaign following his win on the Worldwide Championship and a number of other different deep runs. Nevertheless, the £500,000 predominant prize win has actually cemented the 22-year-old’s place as arguably the most important prospect to be careful for on this planet of snooker proper now. And it could not take Wu that lengthy to run via his winnings after being compelled to sacrifice a sizeable portion of his prize earlier than outlining plans for his first vital buy as a world champion. Specific Sport explores all that and extra as China celebrates its second consecutive snooker world champion, in addition to the true arrival of the game’s subsequent huge factor.
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£225,000 sacrifice
Wu had successfully seen his £500,000 prize purse halved earlier than he’d even exited the Crucible. Tax legal guidelines in the UK imply he’ll be compelled to fork over £225,000 in earnings tax to HMRC given he’s lived in Sheffield since he was 16.
It’s understood Wu registered Wu Yize Snooker Ltd as a UK handle on Firms Home in 2023. And given his prize was awarded within the UK, he’ll be anticipated to pay the suitable tax price of 45 per cent on such a sizeable sum.
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Furthermore, he’s additionally anticipated to pay round £10,000 extra in Nationwide Insurance coverage contributions. That may take his complete deductions from the World Championship cash to £235,000 and leaves him with solely 53 per cent or so of his personal reward.
It is a dream come true to be snooker’s newest world champion ????????????
However what does Wu Yize need to spend his prize cash on? ???????????? pic.twitter.com/RZrJN0uEqE
— BBC Sport (@BBCSport) Could 5, 2026
First buy
Wu will dedicate a significant portion (if not all) of these remaining funds to at least one buy particularly. And the teen is laser-eyed in his focus to enhance the residing situations for him and his mother and father following by far the most important pay day of his profession up to now.
Having shared a small room along with his father once they first moved to the UK six years in the past, Wu is now adamant some type of improve is so as. And it could solely encourage him to cement a fair higher legacy as world champion with a brand new base of operations close to the Crucible.
“I don’t have any plans,” he advised BBC Sport following his dramatic single-frame win over Murphy. “I believe I’ll purchase a home or an residence in Sheffield for observe and the World Championship.”
It ought to function a warning to the remainder of the snooker area that the prospect’s first thought are about how he can hold bettering on the baize. Nevertheless, he does intend to no less than take a while off in gentle of his best feat to this point.
“I felt drained, for one month, combating on daily basis,” he continued. “I can have a vacation now, return to China, get some good meals and see my mates. My first 12 months [as a] skilled, we didn’t have some huge cash, very huge strain.
“They [Wu’s parents] gave me every part. They at all times help me, irrespective of [if I] win or lose. After I was younger, my dream was to be a World Championship winner. I believed in myself. By no means quit. I really like snooker, I need to give my all to play.”
Wu has seen his web price virtually double in a single day (Picture: Getty)
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Web price and earnings
In gentle of his Sheffield success, Wu is now estimated to boast a web price of someplace within the area of £1million. That’s roughly the identical quantity he’s collected in prize cash within the 2025/26 season alone, although there are tax deductions that imply that determine gained’t signify an correct take-home complete.
Previous to this season, Wu had racked up round £450,000 in earnings on the World Snooker Tour. That brings his tough profession tally to round £1.45m – or nearer to £800,000 as soon as accounting for a mean tax price of round 45 per cent.
Then there’s any cash the up-and-comer will earn from sponsorships and endorsements, a determine that’s more likely to balloon considerably in gentle of his World Championship win. Wu isn’t lively on the standard social media websites however might rethink that call as soon as he sees the sorts of alternatives he’s liable to be provided as a brand new face of the game within the close to future.
After incomes a career-best sum of £264,000 within the 2024/25 season, Wu has greater than tripled that determine along with his winnings this time period. Nevertheless, he nonetheless solely simply creeps into snooker’s 50 richest figures after transferring onto the size at No. 47.
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