What is Floyd Mayweather's Net Worth?
| net worth: | $450 million |
|---|---|
| age: | Chapter 47 |
| Date of Birth: | February 24, 1977 |
| gender: | male |
| high: | 1.73 m (5 ft 8 in) |
| country of origin: | USA |
| Source of wealth: | Professional boxer |
| Last updated: | September 12, 2024 |
introduce
Floyd Mayweather Jr. is an American former professional boxer with an estimated net worth of $450 million.
Mayweather is the richest boxer in the world and one of the highest-paid athletes. His career earnings exceed $1 billion, a feat that only a handful of athletes have achieved, including LeBron James, Jack Nicklaus, Tiger Woods, Michael Jordan, Michael Schumacher and Arnold Palmer.
Interestingly, while most athletes earn their wealth through endorsements and salaries, Mayweather’s wealth comes primarily from salaries.
However, the boxing legend also has a bad reputation for being a cocky, arrogant, and dirty fighter. However, no one can deny that he has been extremely successful and well-deserved in the ring. He trains very hard, and his behind-the-scenes training videos show exactly what made him a champion.
Mayweather fought professionally from 1996 to 2017, finishing his boxing career with a record of 50 wins and 0 losses.
Quick Facts
- He made his boxing debut in 1996 and won his first world championship on October 3, 1998.
- Some of his most notable opponents during his boxing career include Oscar De La Hoya, Manny Pacquiao, Conor McGregor, Miguel Cotto, Marcos Maidana and Zab Judah.
- $500 million from two fights: Conor McGregor and Manny Pacquiao.
- Floyd Mayweather has won several major world titles during his boxing career, including the WBC Super Lightweight Championship, WBC Welterweight Championship, IBF Welterweight Championship, The Ring Lightweight Championship and The Ring Light Middleweight Championship.
- Mayweather's boxing record is 50 wins and 0 losses.
- The former professional boxer's career earnings total more than $1 billion
- Technically, Floyd Mayweather retired in 2017, however, it is not uncommon to see the former boxer in the ring from time to time.
early life
Floyd Joey Mayweather Jr. was born on February 24, 1977 in Grand Rapids, Michigan.
He was born with the last name Sinclair, but changed his name soon after birth. His father, Floyd Mayweather, was also a boxer and a strong contender in the welterweight division. Not only was his father a professional boxer, but his uncles Jeff and Roger were also.
It can be said that becoming a boxer was Floyd's destiny. It was in his blood, his DNA. He had a passion for boxing since he was a child. Even when he thought he should get a job, his family told him to keep training.
Floyd had a rough upbringing. His mother was addicted to drugs and his father was in jail for drug dealing. Even before that, his father was never a part of Floyd's life until he was old enough to enter the boxing ring. It wasn't uncommon for him to come home and find heroin needles outside the house. One of his aunts also died of AIDS due to drug abuse.
“When I was eight or nine, I lived in New Jersey with my mom, seven of us in one bedroom, sometimes without electricity,” he recalls. “When people see what I have now, they don’t know where I came from or how I didn’t have anything as a kid.”
Floyd Mayweather Jr. attended Ottawa Hills High School but never graduated. He dropped out to pursue a career in boxing in order to help his family escape poverty. His uncle, Roger Mayweather, trained him and helped him get on the road to professional boxing.
Profession
Mayweather has had a brilliant career and his achievements have reached legendary heights.
He was an amateur before playing in the major leagues. He won the National Golden Gloves Championship three times – in 1993, 1994 and 1996. He was nicknamed “Pretty Boy” because he did not have as many scars as other players because he learned defensive skills from his father and uncle.
In 1996, Floyd Mayweather Jr. participated in the Atlanta Olympics and won a bronze medal in the featherweight category. He defeated Bakhtiyar Tileganov of Kazakhstan, Artur Gevorgian of Armenia, and Lorenzo Aragon of Cuba. However, he lost to Seraphim Todorov of Bulgaria.
The loss caused some controversy, especially because the referee who supervised the match, Hamad Hafaz Shouman, shook Floyd Mayweather's hand before the final verdict was announced, thinking he was the winner. The American team, represented by Mayweather, protested, claiming that the referee who announced Todorov as the winner was intimidated by Emil Jetchev, the chief of Bulgarian boxing referees. However, the matter was not resolved.
Floyd's amateur record was 86 wins and 8 losses. In 1996, he turned professional and entered the super lightweight division in October, which ended this streak.
On October 11, 1996, he made his first fight as a professional boxer against another rookie, Roberto Apodaca. He won by knocking him out in the second round. In 1998, two years after his professional debut, Floyd Mayweather defeated Genaro Hernandez to win his first world title.
He also competed at lightweight, light welterweight, welterweight and light middleweight.
Mayweather is the favorite Pay-per-view He is the most attractive athlete in the sports world and has been on Forbes' list of the highest-paid athletes every year since 2012.
Floyd Mayweather Jr. has a 50-0 boxing record in his professional career, with 27 wins coming by knockout.
In 2007, he founded Mayweather Promotions, a company that promotes boxing matches. This was the next step in his career, and a decade later, he has a very successful company that allows him to continue to make a living after retiring.
In 2017, Floyd Mayweather officially retired, but he occasionally returns to boxing, such as the 2021 fight with Logan Paul or the fight with his former sparring opponent Don Moore.
In 2021, he was inducted into the International Boxing Hall of Fame, alongside some of his former opponents, including Arturo Gatti and Miguel Cotto.
How does Floyd Mayweather spend his money?
Since Floyd Mayweather has amassed a ton of money during his boxing career, it’s no surprise that he loves spending it.
The former boxer owns several properties across the United States. His primary residence is an 11-bedroom home he purchased for $10 million in Las Vegas (although it is not his only property in Las Vegas). His other properties are located in New York and Beverly Hills. The Beverly Hills mansion cost him about $25 million and includes spaces such as a candy store and a movie theater.
In addition to real estate, Floyd Mayweather also owns the Mayweather Boxing Club and a gentlemen's club in Las Vegas called Girl Collection.
But that's not all – Floyd's garage was filled with various luxury cars estimated to be worth at least several million dollars, as well as several high-end watches and jewelry.
Floyd owns two private jets – a $60 million Gulfstream G650, which he named the “Air Mayweather” and has his name and boxing record printed on the wingtips, and a $30 million Gulfstream III. Floyd reportedly flies in the “Air Mayweather” when he's with friends, while his entourage flies in the other private jet.
Finally, Mayweather loves to bet on sports — he even posts some of his biggest wins on social media. For example, he made over $200,000 from betting on the Seattle Seahawks vs. Washington Redskins game. He has also bet on himself multiple times.
Personal life
As mentioned above, Mayweather’s father’s name is Floyd Mayweather Sr and his mother’s name is Deborah Sinclair. Floyd Sr has four siblings – Justin Mayweather Jones, Fannie Orr, Deltricia Tawanna Howard and Fatimah Mayweather.
The legendary boxer has been in several public relationships and has been engaged; however, he has never been married. Although he has never been married, Floyd Mayweather has five children – Iyanna Mayweather, Zion Shamari Mayweather, Gila Mayweather, Dwayne Cromwell, and Coran Mayweather.
Living in the spotlight means that there are occasional accusations leveled against you, and Mayweather is no exception. He has been asked about potential financial issues many times over the years, but there are two that need to be mentioned.
The first was in March 2017, when the IRS revealed that he owed more than $22 million in taxes. Floyd responded by saying that he did not have enough liquid funds to pay off his debts. A few months later, his lawyers filled out the necessary paperwork stating that all the money Floyd had would be repaid soon from the proceeds of his most anticipated fight with Conor McGregor. However, the IRS demanded immediate repayment of the debt.
The second incident involved Floyd Mayweather's old friend 50 Cent, who revealed on social media that Mayweather was actually broke and would soon be returning to the ring to make more money. The former professional boxer quickly put an end to the allegations.
Floyd Mayweather has been charged several times over the past two decades. In 2002, he was charged with domestic violence and misdemeanor assault. Just two years later, he was convicted again, this time of two misdemeanor assaults. The following year, he was charged with another misdemeanor for kicking a bodyguard, to which he pleaded no contest. He has not been charged since then.
In 2011, he was charged with assault and ordered to serve 90 days in the county jail, complete 100 hours of community service, and attend a year-long domestic violence program. While in prison, he tried to be released early on medical grounds (he claimed the prison diet was too low in calories for him and his muscles were beginning to atrophy); however, the judge did not rule in his favor.
Highlights
Here are some of the biggest highlights from Mayweather's career:
- WBC World Super Featherweight Championship – October 3, 1998 (vs. Genaro Hernandez)
- WBC World Super Featherweight Championship – January 20, 2001 (vs. Diego Corrales)
- WBC World Lightweight Championship – April 20, 2002 (vs. Jose Luis Castillo)
- WBC World Light Welterweight Championship – June 25, 2005 (vs. Arturo Gatti)
- IBF and IBO World Welterweight Championship – April 8, 2006 (vs. Zab Judah)
- WBC World Light Middleweight Championship – May 5, 2007 (vs. Oscar De La Hoya)
- WBC World Welterweight Championship – December 8, 2007 (vs. Ricky Hatton)
- WBC World Welterweight Championship – September 17, 2011 (vs. Victor Ortiz)
- WBC and WBA World Light Middleweight Championships – September 14, 2013 (vs. Saul “Canelo” Alvarez)
- WBC, WBA, WBO World Welterweight Champion – May 2, 2015 (vs. Manny Pacquiao)
Adversarial Benefits
- Floyd Mayweather vs. Oscar De La Hoya (2007) – $25 million
- Floyd Mayweather vs. Shane Mosley (2010) – $30 million
- Floyd Mayweather vs. Miguel Cotto (2012) – $40 million
- Floyd Mayweather vs. Robert Guerrero (2013) – $50 million
- Floyd Mayweather vs. Canelo Alvarez (2015) – $42 million
- Floyd Mayweather vs. Manny Pacquiao (2015) – $250 million
- Floyd Mayweather vs. Conor McGregor (2017) – $300 million
- Floyd Mayweather vs. Logan Paul (2021) – $35 million
How does Floyd Mayweather make money?
The majority of Floyd Mayweather's net worth has been accumulated through his salary from each fight. This number is even more impressive if you consider that his endorsement deals aren't high compared to some other athletes – on average, he makes around $10 million per year from endorsements.
Has Floyd Mayweather retired?
Even though Floyd Mayweather is technically retired (he retired in 2017), it's not uncommon to see him in exhibition bouts. In 2021, he took part in an exhibition bout against Logan Paul, while in 2022, he took part in a bout against his old rival, Don Moore.
Is Floyd Mayweather married?
No, the former professional boxer is not married yet.
Summary
Floyd Mayweather is one of the greatest boxers of all time and has a net worth of $450 million. He continues to increase his worth as a boxing promoter and we certainly can't miss him.
What do you think about Floyd Mayweather’s net worth? Leave a comment below.
Categories: Net Worth
Source: svlsf.edu.vn