Floyd Mayweather’s Net Worth

Floyd Mayweather is a legend of boxing, who is also known for the spectacular lifestyle that he displays on Instagram, where he is followed by almost 30 million fans. Floyd Mayweather’s life is full of luxury, expensive clothes, sports cars, and private jets. But it wasn’t always like that; his road to fame basically started from zero.

What is Floyd Mayweather’s Net Worth?

Floyd Mayweather is a famous American boxing champion with a net worth of $450 million at the time this article is written. This amount makes him the richest boxer in history. His total career earnings are $1.1 billion.

Floyd Mayweather is the fifth highest-paid sportsman in history and one of only six athletes with career earnings of over one billion. The other five are Michael Jordan with $1.9 billion, Tiger Woods with $1.65 billion, Arnold Palmer with $1.35 billion, Jack Nicklaus with $1.15 billion, and Michael Schumacher with $1 billion.

If we were to compare Floyd with the highest-paid sportsmen in history, he earned most of his income from fights and not from endorsement deals. For instance, in 2015 he made $250 million after fighting Manny Pacquiao, while in 2018 he earned $300 million after fighting Conor McGregor.

Key facts

• Floyd earned $35 million after fighting Logan Paul
• In 2015 he made $250 million after fighting Manny Pacquiao
• In 2018 he earned $300 million after fighting Conor McGregor
• He owns a $10 million mansion in Las Vegas
• Floyd has earned $1.1 billion in his career until now
• He owns a $25 million mansion in Beverly Hills
• He is one of only five athletes who earn over $1 billion
• He owns a Gulfstream G650 private jet worth $60 million
• At his career peak, Floyd was consistently the highest-paid entertainer in the world
• He paid $18 million for a single watch
  

Childhood and career beginnings

The athlete’s full name is Floyd Mayweather Jr. He has the full name of his father, who also fought in the boxing ring at one time. The future champion was born on February 24, 1977, in Grand Rapids, Michigan. In addition to his father, his uncles, Roger and Jeff Mayweather were also associated with boxing, both holding championship titles.

Floyd has been boxing since childhood. He saw this as a chance to secure a decent life for himself and his family. The family lived very badly. There were particularly difficult times when his father was convicted of trafficking illegal substances. Before his arrest, Mayweather grew up in an environment of constant abuse and fighting. He will later try this pattern of behavior in his relationships with women.

You might also like our articles on the net worth of Logan Paul, Simone Biles, and Shaquille O’Neal.

Focusing on sports and training led Floyd to drop out of school. He wanted to earn a living by boxing, so he left school without regret.

Professional career

In amateur boxing, Mayweather fought from 1993-1996. He had 90 fights and won 84 of them. Three times (in 1993, 1994, and 1996) he won the annual Golden Gloves amateur boxing tournament. In his debut, he performed in the first flyweight, and every year he moved to a heavier weight category.

Mayweather’s professional boxing career began on October 11, 1996. In the ring, he met the same newcomer Roberto Apodaca from Mexico. The American knocked out his opponent in the second round. At first, his fights very often ended in punches.

Mayweather became a real boxing star after defeating WBC world champion, Genaro Hernandez. The fight took place on October 3, 1998. In December, he defeated boxer Angelo Manfredi. Mayweather was named the best sportsman of 1998.

After a scandalous fight with Conor McGregor in August 2017, Mayweather announced the end of his boxing career. However, this does not prevent him from participating in exhibition fights and trying his hand at related sports, for example, mixed martial arts.

Career Income

When we take into consideration all of Floyd Mayweather’s career incomes it results in a sum of $1.1 billion (at the time this article is written). In the table below you will find Floyd’s earnings per each fight during his professional career.

Floyd also earned $2 million from his first 15 matches before the fight against Arturo Gatti in 2005. Outside the ring, Floyd made around $25 million from endorsement deals and selling merchandise.

Mayweather – the highest earnings in sports history

Floyd Mayweather officially retired in August 2017 after his fight with Conor McGregor. As of June 2021, his fortune exceeded $778 million, having at one point jumped over a billion, when he was a sportsman. In comparison, Manny Pacquiao’s fortune is estimated at $163 million.

The match between Floyd Mayweather and Manny Pacquiao, in 2015, remains the most “expensive” of all time, with a total financial receipt of $748 million.

Then, in second place is Mayweather’s 2017 fight with McGregor, with a financial recipe of $728 million. Mayweather’s match stock alone was then $300 million.

For comparison, the next fight in this ranking is that of Mayweather with Saul Canelo Alvarez, from 2013, whose financial recipe was “only” $236 million.

Another match of Mayweather occupies the next place in the ranking, the one with Oscar de la Hoya, in 2007, valued at $206 million.

Mayweather, who was the world champion in 5 weight categories, has 50 victories on his record. The American is considered one of the greatest boxers in history and holds some records that are hard to match.

Mayweather is the boxer who defeated the most world champions, 23, of which 16 in a row.

Personal life

Floyd Mayweather has never been married, but he has four children with two women. With Josie Harris, one of his lovers, with who he lived for 10 years, he has two sons and a daughter. Unfortunately, Floyd Mayweather carried his traumatic childhood experience into adulthood and in 2012, Harris accused him of domestic violence. The boxer was sentenced to 90 days in jail and a heavy fine.

Another scandal ended Mayweather’s love affair with actress Chantelle Jackson. They were going to get married, but the bride broke off the engagement. She accused her ex-fiancé of violence.

Real estate

Floyd is the kind of star who owns several properties, in all corners of the world. All equally luxurious, of course, which “house” real riches, since the American boxer does not believe in banks and hides his money in mattresses, safes, and other obscure places around the house. At one point, his assistant declared that the athlete was carrying behind him travel bags full of money, called by the employees “pregnant suitcases”, because – you guessed it – they are full of money.

Floyd has four sumptuous villas and over 100 luxury cars.

Floyd Mayweather – cryptocurrency lawsuit

The latest hoax in the cryptocurrency spectrum is the subject of a lawsuit filed in the United States against Kim Kardashian, boxer Floyd Mayweather and basketball player Paul Pierce. The three promoted a cryptocurrency called EthereumMax, only to get rich quickly by selling the crypto assets after artificially inflating them.

The reason for the lawsuit is that through aggressive marketing, the value of EthereumMax exploded, only for the three to later sell their share and generate a handsome profit.

The class action was filed by all those who invested in the virtual currency between May 14 and June 27, 2021. According to the prosecution, the defendants are guilty of a “pump and dump” type scheme. This is very popular in stock trading, where investors orchestrate a set of circumstances to increase the value of an asset, only to suddenly sell it after the price has been artificially inflated. For reference, in EthereumMax, the value of the cryptocurrency jumped 632% after Mayweather and Pierce promoted it.

Conclusion

Floyd Mayweather is considered one of the best boxers of his generation. He won his first heavyweight title in 1998 and in 2017 decided to retire. The former grand champion also managed to amass an impressive fortune.

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Alec Pow

Alec Pow is a thorough and methodical Financial and Business Analyst with over 15 years of experience in financial statement analysis, Foreign exchange derivative hedging instruments analysis, modeling, and risk management, with a long history of writing for big news publications like Forbes, MSN.com, Washington Post, and many more.

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