The invention provides a preparation method of aryl borate, which mainly comprises the following steps: in the presence of a water-soluble free radical initiator, reacting by using water as a solventand aryl sulfonyl chloride and bis(pinacolato)borate as raw materials, extracting the reaction product by using an organic solvent after the reaction is completed, collecting the extract an organic phase, and carrying out reduced pressure distillation to obtain the product aryl borate. By using the water-soluble free radical initiator, water can be used as a reaction solvent; compared with the prior art that acetonitrile, halogenated alkane, ethyl acetate and other organic solvents are used, water is used as a solvent, environmental pollution is reduced, toxicity is reduced, and raw material sources are more economical; in addition, the method has the advantages of mild reaction, simple post-treatment, high yield, high purity and the like, and is very suitable for industrial production.