Rich Profiles Logo
Floyd Mayweather Net Worth

What is Floyd Mayweather’s net worth In 2024?

American boxing champion and promoter Floyd Mayweather is well-known throughout the world. Floyd Mayweather has a $400 million fortune. He is now the richest boxer in history as a result. As of this writing, Floyd has made about $1.1 billion in his career.

Floyd Mayweather is currently the sixth highest-paid athlete of all time. He is among the few athletes whose career earnings have surpassed $1 billion. The remaining five are Tiger Woods ($1.65 billion), Jack Nicklaus ($1.15 billion), Michael Jordan ($1.9 billion), and Michael Schumacher ($1 billion). Floyd’s earnings statistics are astounding, but most impressive is how he became the sixth highest-paid athlete despite having very little endorsement revenue. In contrast, endorsement deals accounted for the great bulk of the revenue most of the highest-paid athletes received in history. Floyd made over half a billion dollars in earnings in just two fights. After defeating Manny Pacquiao in 2015, he was paid $250 million.

Just before his fight with Saul Alvarez in 2013, Floyd made a controversial gesture by flashing his checking account balance to an ESPN reporter. Floyd made an astounding $300 million between June 2014 and June 2015. Floyd usually makes $10 million a year outside of the ring from investments and sponsorships.

Early Life and Career Of Floyd Mayweather 

On February 24, 1977, Floyd Mayweather was born in Grand Rapids, Michigan. Floyd Mayweather Sr., his father, was also a professional boxer best known for his fights with Sugar Ray. Jeff and Roger, Floyd Jr.’s uncles, were also active fighters. Roger and Floyd Sr. were two of Floyd’s trainers over the years. Floyd’s father was not very present while he was a child, and his mother struggled with drug addiction. Floyd moved in with his grandmother when his father got jailed. Floyd committed himself fully to boxing during this time. After leaving high school, he turned professional.

In 1993, 1994, and 1996, Floyd took home national Golden Gloves crowns. He took home a bronze medal from the 1996 Summer Olympics in Atlanta. He has an amateur record of 84–4.

Professional Career Of Floyd Mayweather 

The date of Floyd’s first professional about was October 11, 1996. In the second round, he submitted Roberto Apodaca, his opponent.

Floyd Mayweather would capture an incredible six boxing titles in his career, including two Super Welterweight titles, one Lightweight title, one Junior Welterweight title, and one Welterweight championship. As of this writing, he has an incredible 50 victories and 0 losses in his professional boxing career. 27 of the 50 victories came via knockout.

Click Here to read about Alex Rodriguez’s Net Worth.

Notable Fights Of Floyd Mayweather 

The match between Floyd Mayweather and Manny Pacquiao, the most formidable opponent of his career, was set for March 13, 2009. For the past ten years, the fight was the most awaited one. Pay-per-view earnings were predicted to reach over $180 million at the time. Floyd was to receive a guaranteed $25 million upfront and an additional $20–25 million backend funding out of the $180 million. Regretfully, Mayweather and Pacquiao could not come to a mutual understanding, and the about ended years later. On April 1, 2010, Floyd defeated “Sugar” Shane Mosley, and in 2011 he defeated Victor Ortiz. Miguel Cotto lost to Mayweather on May 5, 2012.

After defeating Robert Guerrero, Floyd Mayweather won an estimated $50 million ($32 million guaranteed) on May 4, 2013. When Floyd defeated Saul Alvarez on September 14, 2013, he was paid $75 million ($41.5 million was guaranteed). That set the record purse in boxing history. A record that Floyd’s final matchup with Manny Pacquiao on May 2, 2015, is sure to surpass easily.

Life Of Floyd Mayweather 

Finally, Mayweather vs. Pacquiao occurred in Las Vegas on May 2, 2015. It is anticipated to be the boxing match with the largest revenue-generating potential ever. Manny and Floyd decided to divide all earnings by 60-40. Floyd made a cool $250 million from the about. $150 million was earned by Pacquiao.

The August 26, 2017, fight between Floyd Mayweather and Conor McGregor became history’s highest-grossing pay-per-view boxing event. There were at least 5 million PPV purchases made throughout the event. The fight brought in almost $700 million in income for all parties involved, leaving Mayweather with a payout of $300 million before taxes. He did provide the IRS with about 40% of his income. Ultimately, his take-home pay after taxes came to $160 million.

Floyd engaged in an exhibition battle with YouTuber Logan Paul in June 2021. Floyd was promised $10 million plus half of the earnings from the pay-per-view. The PPV was purchased by almost a million individuals, bringing in approximately $50 million. Floyd so made $35 million in total.

Real Estate Of Floyd Mayweather 

Since 2018, Floyd Mayweather has lived in a 22,000-square-foot, 11-bedroom custom-built house in Las Vegas. He paid $10 million for the home. In addition, he possesses a 13,000-square-foot estate in Las Vegas, which served as his principal home from 2010 to 2018. This home cost him $9.5 million to purchase.

He invested $25.5 million in a property in Beverly Hills in 2017. At closing, he had additionally spent $500,000 on furnishings for this property. This home features a 300-bottle wine room, a 12-seat movie theatre, and a sweets shop.

He owns the Mayweather Boxing Club in Las Vegas, the Girl Collection strip club in Vegas, and an apartment in New York City.

Car Collection Of Floyd Mayweather 

Floyd Mayweather drives a lot of expensive cars. He once told an ESPN interviewer that he owns luxury vehicles valued at $15 million in his garage and has never been driven. It is said that he pays cash for his autos. A $5 million Koenigsegg CCXR Trevita, THREE $2 million Bugatti Veyron, a $1.4 million Pagani Huayra, and a special edition LaFerrari Aperta valued more than $1 million are some of his most noteworthy automobile possessions. This is but a small portion of his amazing collection. Floyd has numerous further Ferraris, Lamborghini, Bentleys, Rolls Royce, Mercedes, and other vehicles.

Private Jets Of Floyd Mayweather 

Floyd’s $60 million Gulfstream G650 is known as “Air Mayweather”. In 2018, he gave himself a plane for his 41st birthday. On a dare, he took a plane to Iceland merely to snap an Instagram photo. His name is inscribed on the fuselage, and the words “50 – o”—his boxing record—are painted on the tips of the wings.

In actuality, Floyd has two private aircraft. A $30 million Gulfstream III is the second. Floyd supposedly takes “Air Mayweather II” with his entourage while travelling on a G650 with his closest friends.

Floyd Mayweather shared a picture of himself in front of his primary jet and seven other cars on social media in January 2015. He was surrounded by a total of $60 million worth of toys.

Jewelry Collection Of Floyd Mayweather 

Floyd has not held back when it comes to flaunting his jewellery collection. He owns around forty incredibly expensive timepieces. He has stated that he always wears jewellery worth at least $3 million and takes 30 watches on vacation.

Floyd spent an incredible $18 million 2015 for a Jacob the Jeweler watch. This watch has 239 emerald-cut baguette diamonds, with a maximum carat weight of three. Fittingly, the watch is named “The Billionaire”.

Commercial Real Estate Investments Of Floyd Mayweather 

Floyd Mayweather invested a significant sum in 2014 to join the real estate development company SL Green as a partner. Floyd’s investment was disclosed by SL Green’s CEO, Marc Holliday, in December 2014. Floyd holds a minority interest in nine skyscrapers in the US as of this writing. The tallest commercial building in the United States, One Vanderbilt, is one of their skyscrapers.

Financial Problems Of Floyd Mayweather?

Floyd Mayweather has eluded accusations of financial difficulties throughout the years. For instance, Floyd received a demand from the IRS in March 2017 for $22.2 million in overdue taxes on his 2015 revenue. The IRS asserted that he owed $22,238,255, to be precise. And if that wasn’t wild enough, Floyd also said he didn’t have enough cash to pay the obligation. A few months later, Floyd’s attorney filed documents guaranteeing the IRS that the money owed would be paid in full, plus interest and penalties, from Floyd’s proceeds from the Conor McGregor fight. When the IRS sought payment right now, Floyd’s legal team responded as follows:

“The taxpayer has a sizable asset base, but it is mainly restricted and illiquid. In roughly sixty days, the taxpayer plans to settle the remaining amount owed on his outstanding 2015 tax debt during a sizable liquidity event.”

Floyd’s former friend and current nemesis, 50 Cent, said on social media in February 2020. Floyd was quick to disprove these unfounded allegations on social media. It must be acknowledged that Floyd’s lifestyle comes at an exceptionally high cost, between the residences, vehicles, aircraft, entourage, and more.

He always travels with a 20-person entourage that includes bodyguards, friends, family, a barber (despite having a shaved head), and a massage therapist who is a stunning woman. Once, burglars entered his home and stole valuables valued at $7 million.

Other Controversies Of Floyd Mayweather 

Floyd Mayweather faced two charges of domestic abuse and one count of criminal battery in 2002. He was given a community service requirement and a six-month suspended sentence for this offence. In 2004, he was found guilty on two charges of misdemeanour battery and received a one-year suspended sentence. After kicking a bouncer in 2005, he entered a no-contest plea to a misdemeanour battering charge. His sentence was suspended for ninety days. Floyd was given a 90-day sentence in county jail in 2011 for battery-related offences. He said that 3000–4000 calories a day were necessary for his body. The magistrate declined to comply. After being freed, Floyd was taken up by 50 Cent in a private jet, carrying a briefcase containing $1 million in cash.

Related Posts

One thought on “Floyd Mayweather Net Worth In 2024

Leave a Reply

Your email address will not be published. Required fields are marked *