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Floyd Mayweather: Net Worth, Biography, Salary and Assets

A world-renowned American boxing champion and promoter, is Floyd Mayweather, Jr. Floyd Mayweather has a net worth of $450 million. As a result, he is the all-time wealthiest boxer. As of this writing, Floyd’s net worth is at $1.1 billion.

Floyd Mayweather

With a net worth of almost $1 billion, Floyd is the fifth-highest-paid athlete of all time. Tiger Woods is the sixth richest golfer with a fortune of $1.6 billion, followed by Jack Nicklaus, Arnold Palmer, Michael Jordan, and Michael Schumacher. That he was able to become the fifth-highest-paid athlete in the history of sports with just a few endorsement deals is arguably the most amazing aspect of Floyd’s earnings records.

In contrast, the great majority of the world’s highest-paid athletes have made the vast bulk of their money from endorsement agreements. In only two bouts, Floyd Mayweather raked in more than $500 million. After his battle with Manny Pacquiao in 2015, he earned $250 million. Approximately 2017, he raked in $300 million from his fight with Conor McGregor. Floyd showed out his bank account balance to an ESPN reporter soon before his fight with Saul Alvarez in 2013. Mayweather presented his $123 million checking account amount with pride.

Floyd Mayweather was by far and away the highest-paid athlete in the world during his prime boxing years. A bout with Floyd Mayweather might make him $100 to $300 million annually, even if his sponsorship agreements are little to none at all. Floyd made $300 million between June 2014 and June 2015. Including his battle with Conor McGregor in August 2017, Floyd earned $300 million between June 2017 and June 2018. Away from the ring, Floyd makes an average of $10 million a year in endorsement deals.

Infancy and Childhood of Floyd Mayweather

Floyd Mayweather was born in Grand Rapids, Michigan, on February 24, 1977. Floyd Mayweather Sr., his paternal grandfather, was also a professional boxer, most notably in a fight with Sugar Ray Leonard in 1985. Jeff and Roger, Floyd Jr.’s uncles, were also professional boxers. Floyd Sr. and Roger have worked as Floyd’s trainers at different points in time.

Floyd grew up with a drug-addicted mother and a semi-absent father. When Floyd was old enough to join him in the boxing gym, his father spent most of his time with him. Floyd moved live with his grandmother while his father was imprisoned. Boxing became a full-time occupation for Floyd during this period. As a teenager, he dropped out of school and took up amateur boxing.

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At the national level, Floyd has won the Golden Gloves three times in a row (1993-1994-1996). A bronze medal in 1996 was his second Olympic achievement. He has an amateur record of 84-4. It was October 11, 1996, that Floyd’s first professional bout took place. In the second round, he defeated Roberto Apodaca.

To date, Floyd has held the titles in five different weight divisions: Super Featherweight, Light, Junior, and Welter. He has also held the titles in two more weight classes. As of this writing, his professional boxing record is 50 wins and 0 loses. Of the 50 victories, 27 of them were via a knockout.

Prior to his bout with Arturo Gatti in 2005, he had fought 15 times for a total of $2 million in earnings. From clothing sales and a few modest endorsement agreements, Floyd has made around $25 million outside the ring.

Earnings Throughout the Course of One’s Career

Floyd Mayweather has a total career earnings of $1.1 BILLION at the time of this writing.

Floyd Mayweather

Floyd Mayweather’s Fights of Note

Manny Pacquiao was set to fight Floyd Mayweather on March 13, 2009. In all likelihood, this was the most eagerly awaited matchup in a decade. Paid viewing revenue was estimated to top $180 million at the time. Floyd was to get $25 million now and an additional $20-25 million in the future as part of the $180 million deal. Due to a lack of agreement between Mayweather and Pacquiao, the bout was postponed for several years. Shane Mosley (April 1, 2010) and Victor Ortiz (2011, respectively) were Floyd’s next opponents. Boxing legend Floyd Mayweather beat Miguel Cotto in a rematch on May 5th, 2012.

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Floyd’s victory against Robert Guerrero on May 4th, 2013, netted him an estimated $50 million ($32 million guaranteed). On September 14, 2013, Floyd fought Saul Alvarez and earned $75 million ($41.5 million of which was guaranteed). For the first time in boxing history, the purse was the richest in the sport’s history. Floyd’s record versus Manny Pacquiao, scheduled for May 2, 2015, will be easily surpassed.

On May 2nd, 2015, Las Vegas hosted the long-anticipated Mayweather vs. Pacquiao fight. In terms of income, this bout is projected to be the most lucrative in the history of boxing. All revenues would be shared 60-40 between Floyd and Manny, according to their agreement. The fight brought in $250 million for Floyd. He made $150 million throughout his career.

Most Significant Fights

Floyd Mayweather vs. Conor McGregor was the highest-grossing Pay-Per-View boxing event in history when it was held on August 26, 2017. At least 5 million PPV sales were made throughout the event. Overall, the fight generated around $700 million in total revenue from all sources and Mayweather was paid $300 million before taxes. He didn’t have to pay any state income taxes on those earnings because he lived in Nevada. It is true that he did pay the IRS a significant portion of his earnings (about 40%). For his 2015 profits alone, he paid $40 million in taxes, including $22 million in unpaid penalties and interest. After taxes, he walked away with $160 million. It is estimated that Floyd had a net worth of $560 million at the conclusion of the McGregor bout.

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Floyd battled Logan Paul in an exhibition bout in June 2021. For Floyd, the pay-per-view earnings would total $10 million plus a 50% cut. The PPV brought about $50 million in sales, with around 1 million individuals purchasing it. Floyd earned a total of $35 million as a result of this.

Appearances Outside of the Main Cast

He competed in Dancing with the Stars in 2007. Ninety-ninth spot went to them. For his appearance at WrestleMania XXIV in 2008, Floyd won $20 million.

Floyd Mayweather Investing in Property

Floyd has been living in an 11-bedroom, 22,000-square-foot house in Las Vegas since 2018. He paid $10 million for the property. His principal house from 2010 to 2018 was a 13,000 square foot estate in Las Vegas, which he also owns. He paid a whopping $9,5 million for it.

Floyd Mayweather

He bought a Beverly Hills property for $25.5 million in 2017. At the time of the sale, he had also spent $500,000 on house furnishings. There is a wine cellar with 300 bottles, a sweets store with 12 seats, and a movie theatre with 12 seats in this home. He owns a New York City condominium, the Mayweather Boxing Club in Las Vegas, and the Girl Collection strip club in Las Vegas. Floyd spent $18 million for a beachfront property on Palm Island near Miami in August 2021.

Summary

Floyd Mayweather has a net worth of $450 million. At the time of this writing, he had a total net worth of over $1.1 billion. Manny Pacquiao’s bout with him in May 2015 won him $250 million. Floyd made $300 million fighting Conor McGregor in August 2017.