On February 24, 1977, in Grand Rapids, Michigan, Floyd Mayweather was born. Floyd Mayweather Sr., his father, was also a professional boxer most known for his matchup with Sugar Ray Leonard. In the past, Jeff and Roger, Floyd Jr.’s uncles, were professional boxers. Floyd Jr. and Roger have both trained Floyd at separate points in time.
What Is Floyd Mayweather’s Net Worth?
American boxing promoter and world-famous champion Floyd Mayweather. $450 million is Floyd Mayweather’s estimated net worth. He is now the most wealthy boxer in history as a result. At the time of writing, Floyd’s career earnings exceed more than $1.1 billion.
Floyd is one of six sportsmen whose career earnings have exceeded $1 billion, ranking him as the fifth highest-paid athlete. Tiger Woods ($1.65 billion), Michael Jordan ($1.9 billion), Jack Nicklaus ($1.15 billion), Arnold Palmer ($1.35 billion), and Michael Schumacher ($1 billion) round out the top five.
The most impressive aspect of Floyd’s earnings is that he rose to the fifth-highest athlete salary ever despite having just a modest endorsement income. In contrast, most historically, the highest-paid athletes received most of their revenue through endorsement deals.
Floyd’s earnings from just two fights exceeded $500 million. He competed against Manny Pacquiao in 2015, earning $250 million. In 2017, he got $300 million from Conor McGregor.
Before his fight against Saul Alvarez in 2013, Floyd famously displayed his checking account balance to an ESPN reporter. Floyd proudly said the $123 million in his checking account.
Floyd was routinely (and by a wide margin) the best paid athlete in the world during his prime years as a boxer. Floyd can easily make $150 to $300 million per year while he is fighting, despite having very few sponsorship deals.
From June 2014 to June 2015, Floyd made an astounding $300 million. Floyd made $300 million between June 2017 and June 2018, mainly due to his contest with Conor McGregor in August 2017. Floyd routinely makes $10 million from endorsements outside the ring each year.
The net worth of Floyd Mayweather is the main topic of this article. Many people nowadays want to know How Much Property Did Floyd Mayweather Have? Here we will discuss What is Floyd Mayweather net worth?
How Much Money Has Floyd Mayweather Made In His Professional Fighting Career?
Floyd Mayweather has made a total of $1.1 billion during his career as of this writing. Here is a breakdown of every prize Floyd received during his professional boxing career, fight by fight:
Floyd Mayweather Career Earnings | ||
Arturo Gatti | June 2005 | $3.2 million |
Carlos Baldomir | November 2006 | $8 million |
Oscar De La Hoya | May 2007 | $25 million |
Ricky Hatton | February 2008 | $20 million |
WWE Wrestle Mania | December 2008 | $25 million |
Juan Manuel Márquez | September 2009 | $25 million |
Sugar Shane Mosley | May 2010 | $30 million |
Victor Ortiz | September 2011 | $40 million |
Miguel Cotto | May 2012 | $40 million |
Robert Guerrero | May 2013 | $50 million |
Saul Alvarez | September 2013 | $75 million |
Marcos Maidana I | May 2014 | $40 million |
Marcos Maidana II | September 2014 | $32 million |
Manny Pacquiao | May 2015 | $250 million |
Andre Berto | September 2015 | $35 million |
Conor McGregor | August 2017 | $300 million |
Tenshin Nasukawa | December 2018 | $9 million |
Logan Paul | June 2021 | $35 million |
Total | $1.022 billion |
In addition, he made about $2 million from his first 15 fights until his 2005 encounter with Arturo Gatti. Outside the ring, Floyd has made almost $25 million from gear sales and a few modest endorsement deals.
Notable Fights
The most formidable opponent of Mayweather’s career, Manny Pacquiao, was due to challenge him on March 13, 2009. The fight was most likely the most anticipated in the last ten years. Pay per view sales were expected to reach more than $180 million.
Floyd was promised a guaranteed $25 million upfront and an extra $20–25 million in back payments from the $180 million. However, Mayweather and Pacquiao could not come to terms, and the bout was postponed for a long time. On April 1, 2010, Floyd defeated “Sugar” Shane Mosley; in 2011, he defeated Victor Ortiz. Mayweather defeated Miguel Cotto on May 5, 2012.
Floyd defeated Robert Guerrero on May 4, 2013, winning an estimated $50 million ($32 million guaranteed). Floyd defeated Saul Alvarez on September 14, 2013, earning $75 million (of which $41.5 million was guaranteed). The highest purse in boxing history was established, thanks to that. A mark that will be easily surpassed on May 2, 2015, when Floyd finally challenged Manny Pacquiao.
May 2nd, 2015, Mayweather vs. Pacquiao finally happened in Las Vegas. It is anticipated that this battle will bring in the most money in boxing history. Floyd and Manny decided to divide all earnings from 60 to 40. The fight brought about $250 million for Floyd. $150 million was earned by Pacquiao.
Conor McGregor and Floyd Mayweather squared off on August 26, 2017, in the highest-earning Pay Per View boxing match in history. At least 5 million PPV subscriptions were purchased for the event. After everything was said and done, the fight brought in almost $700 million from all sources, giving Mayweather a $300 million take-home pay.
He didn’t pay state income taxes on those gains because he lived in Nevada. He did provide the IRS with about 40% of his income. Indeed, he paid $22 million in retroactive taxes on his 2015 income in addition to 40% of his earnings. After all, was said and done, his profit was $160 million. Floyd finished the battle against McGregor with a total net worth of $560 million, including his prior wealth.
YouTuber Logan Paul and Floyd engaged in an exhibition match in June 2021. Floyd was promised $10 million in addition to 50% of the Pay Per View revenue. The PPV was purchased by about 1 million individuals, bringing about $50 million in income. Floyd thus made a total of $35 million.
Other Appearances
Floyd competed on Dancing with the Stars in 2007. They came in eighth position overall. Floyd received $20 million in 2008 to participate in the WWE‘s WrestleMania XXIV event.
How Much Property Did Floyd Mayweather Have?
An 11-bedroom, 22,000 square foot custom-built house in Las Vegas has been Floyd’s permanent residence since 2018. He spent $10 million on the home. Also, he has a 13,000 square foot estate in Vegas that served as his home from 2010 to 2018. He paid $9.5 million for this home.
He purchased a Beverly Hills property for $25.5 million in 2017. Around the time of the close, he also spent $500,000 on furniture for this property. This home contains a 12-seat movie theater, a candy store, and a wine room with 300 bottles.
He owns a residence in New York City, the Mayweather Boxing Club in Las Vegas, and the Girl Collection nightclub there.
Floyd spent $18 million in August 2021 to purchase the next waterfront home on Miami’s Palm Island:
Car Collection
Floyd is the owner of numerous luxury vehicles. During an ESPN interview, he once admitted to having undriven luxury cars worth $15 million in his garage. Floyd has purchased more than 100 vehicles from Towbin Motorcars in Las Vegas during the past 20 years. He uses cash to buy his cars.
A $5 million Koenigsegg CCXR Trevita, a $3.5 million Bugatti Chiron, THREE $2 million Bugatti Veyrons, a Bugatti Grand Sport Vitesse, a $1.4 million Pagani Huayra, and a limited-edition LaFerrari Aperta that is worth more than $1 million are just a few of his most expensive automobiles. This is only a tiny portion of his unique collection. Floyd has many Mercedes, Bentleys, Rolls Royces, Ferraris, and Lamborghinis.
It’s been said that Floyd has 16 Rolls Royces.
At one point, he kept just white and black vehicles at one of his mansions and only white and black cars at the other.
Private Jets
Floyd calls his $60 million Gulfstream G650 “Air Mayweather” and owns one. For his use, he purchased the jet in 2018 on his 41st birthday. According to reports, he traveled to Iceland on a dare only to capture a picture for Instagram. His name is painted on the side of the aircraft, and “50 – o”—his boxing record—is painted on the wingtips.
Floyd has two private aircraft. The second is a Gulfstream III worth $30 million. According to reports, Floyd flies in the G650 with his closest friends and family while “Air Mayweather II” follows behind with his group.
Floyd published a picture of himself in front of his primary jet and seven cars in January 2015. He was in front of “toys” worth $60 million.
Jewelry Collection
Floyd has made no apologies for flaunting his bling collection. He possesses more than 40 costly watches. He has stated that he always wears at least $3 million worth of jewels and packs 30 looks on vacation.
Incredibly, Floyd shelled out $18 million in 2015 for a single Jacob the Jeweler watch. 239 emerald-cut baguette diamonds weighing up to three carats each are set in this timepiece. The look is aptly referred to as “The Millionaire.”
Commercial Real Estate Investments
To join the real estate development company SL Green as a partner, Floyd made a significant investment in 2014. Floyd’s acquisition was disclosed by Marc Holliday, CEO of SL Green, in December 2014. At the time of writing, Floyd had a minority investment in nine American skyscrapers. One Vanderbilt, the tallest commercial structure in the US, is one of their skyscrapers.
Financial Problems?
Floyd has avoided accusations of having money issues throughout the years. For instance, the IRS sent Floyd a demand for $22.2 million in overdue taxes relating to his 2015 income in March 2017. Specifically, the IRS asserted that he owed $22,238,255. Not only that, but Floyd insisted he lacked the liquid assets necessary to pay the obligation.
A few months later, Floyd’s attorney sent documents to the IRS guaranteeing that the IRS would get paid in full, plus interest and penalties, from the proceeds of his Conor McGregor bout. When the IRS sought compensation right now, Floyd’s legal team responded as follows:
“Although the taxpayer has substantial assets, those assets are restricted and primarily illiquid. The taxpayer has a significant liquidity event scheduled in about 60 days from which he intends to pay the balance of the 2015 tax liability due and outstanding.”
Floyd’s old friend and sworn enemy, 50 Cent, said on social media in February 2020 that Floyd was broke and would soon need to enter the ring to replenish his bank account. Floyd quickly debunked these unfounded allegations on his social media. Nonetheless, it must be acknowledged that Floyd’s way of life is quite expensive to support.
Between the residences, vehicles, jets, entourage, and other things… He probably spends tens of millions of dollars annually, although he no longer has a reliable source of income. He never wears the same pair of shoes twice and leaves all his trash behind to benefit his admirers, housekeepers, and hotel workers.
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Despite having a shaven head, he always travels with a 20-person entourage that includes friends, family, bodyguards, a barber, and a massage therapist who just so happens to be a stunning woman. Once, burglars broke into his home and stole $7 million worth of valuables.
And we haven’t even touched on Floyd’s propensity for gambling. Floyd’s sports betting winnings and losses are tough to track. He routinely displays the enormous bets he has placed on various sporting events throughout the year.
Summary
$450 million is Floyd Mayweather’s estimated net worth. As of this writing, he has made more than $1.1 billion in his career. In May 2015, he earned $250 million by defeating Manny Pacquiao. In his battle with Conor McGregor in August 2017, Floyd made $300 million.
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