Floyd Mayweather stands as an iconic figure in American boxing, celebrated both as a champion in the ring and as a savvy promoter. His financial prowess is equally legendary, with a net worth estimated at $400 million, making him the wealthiest boxer in history. Remarkably, his career earnings exceed $1.1 billion, catapulting him into the echelons of the top-paid athletes globally.
Ranking as the fifth highest-paid athlete of all time, Mayweather joins a select group, including Michael Schumacher, Jack Nicklaus, Arnold Palmer, Tiger Woods, and Michael Jordan, whose career earnings have surpassed the billion-dollar mark. Notably, Mayweather achieved this feat with minimal reliance on endorsement deals, a rarity among top earners in sports history.
| Category | Richest Athletes › Boxers |
|---|---|
| Net Worth | $400 Million |
| Salary | $300 Million Per Fight |
| Birthdate | Feb 24, 1977 (47 years old) |
| Birthplace | Grand Rapids |
| Gender | Male |
| Height | 5 ft 8 in (1.73 m) |
| Profession | Professional Boxer, Athlete, Actor |
| Nationality | United States of America |
Two monumental fights alone contributed over half a billion dollars to Mayweather’s fortune: $250 million from his 2015 bout against Manny Pacquiao and $300 million from his 2017 showdown with Conor McGregor. Even more striking is an incident from 2013 when Mayweather, just before his fight against Saul Alvarez, proudly revealed a checking account balance of $123 million to an ESPN reporter.
During his peak boxing years, Mayweather dominated the list of highest-paid athletes globally, despite his limited endorsement portfolio. His annual earnings from fights alone ranged from $150 to $300 million, reaching a staggering $300 million between June 2014 and June 2015 and again between June 2017 and June 2018, primarily fueled by the highly anticipated McGregor fight in August 2017. Outside of boxing, Mayweather typically garners $10 million annually from endorsements and investments.
Early Life and Amateur Career
Floyd Mayweather entered the world on February 24, 1977, hailing from Grand Rapids, Michigan. His father, Floyd Mayweather Sr., made his mark as a professional boxer, famously squaring off against Sugar Ray Leonard. Notably, Floyd Jr.’s uncles, Jeff and Roger, also pursued careers in professional boxing. Both Floyd Sr. and Roger took turns serving as trainers for Floyd Jr. throughout his career.
In his formative years, Floyd encountered familial challenges, with his mother grappling with drug addiction and his father’s presence being intermittent. Floyd Sr. began bonding with his son when the latter showed interest in boxing, eventually becoming his primary mentor. Floyd’s life took a turn when his father was incarcerated, prompting him to reside with his grandmother. It was during this period that Floyd fully immersed himself in the sport of boxing, forsaking formal education to pursue it as an amateur.
Floyd’s prowess in the ring quickly became evident as he clinched national Golden Gloves titles in 1993, 1994, and 1996. Additionally, he secured a bronze medal at the 1996 Atlanta Olympics. His amateur career boasted an impressive record of 84 wins and 4 losses.
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Professional Career
Floyd made his professional debut on October 11, 1996, defeating Roberto Apodaca with a second-round knockout. Throughout his illustrious career, Floyd achieved an unprecedented feat, securing six boxing championships across five distinct weight divisions: Super Featherweight, Lightweight, Junior Welterweight, Welterweight (twice), and Super Welterweight. As of now, his professional record stands at an impressive 50 victories with no defeats, 27 of which were knockout triumphs.
Career Earnings
At present, when considering all earnings, Floyd Mayweather has amassed a total of $1.1 billion throughout his career. Presented below is a comprehensive breakdown of his earnings from each individual fight throughout his professional career.
Floyd Mayweather’s Career Earnings
Here’s the table:
| Opponent | Date | Earnings ($ million) |
|---|---|---|
| Arturo Gatti | June 2005 | 3.2 |
| Carlos Baldomir | November 2006 | 8 |
| Oscar De La Hoya | May 2007 | 25 |
| Ricky Hatton | February 2008 | 20 |
| WWE Wrestle Mania | December 2008 | 25 |
| Juan Manuel Márquez | September 2009 | 25 |
| Sugar Shane Mosley | May 2010 | 30 |
| Victor Ortiz | September 2011 | 40 |
| Miguel Cotto | May 2012 | 40 |
| Robert Guerrero | May 2013 | 50 |
| Saul Alvarez | September 2013 | 75 |
| Marcos Maidana I | May 2014 | 40 |
| Marcos Maidana II | September 2014 | 32 |
| Manny Pacquiao | May 2015 | 250 |
| Andre Berto | September 2015 | 35 |
| Conor McGregor | August 2017 | 300 |
| Tenshin Nasukawa | December 2018 | 9 |
| Logan Paul | June 2021 | 35 |
| Deji Olatunji | November 2022 | 25 |
| Total | 1027.2 |
He also earned around $2 million from his first 15 fights that proceeded the 2005 match against Arturo Gatti. Floyd has earned around $25 million outside the ring selling merchandise and from a handful of relatively small endorsement deals.
Notable Fights
On March 13, 2009, Floyd Mayweather was slated to go head-to-head with his most formidable rival to date, Manny Pacquiao, in what was anticipated as the decade’s most eagerly awaited bout. Forecasts suggested pay-per-view earnings to soar beyond $180 million, with Mayweather’s upfront guarantee pegged at $25 million, supplemented by an additional $20-25 million on the backend. However, negotiations between Mayweather and Pacquiao fell through, leading to a prolonged delay in the bout. Mayweather instead secured victories against “Sugar” Shane Mosley on April 1st, 2010, and Victor Ortiz in 2011, followed by a triumph over Miguel Cotto on May 5th, 2012.
Mayweather’s ascent to record-breaking earnings commenced on May 4th, 2013, when he pocketed an estimated $50 million, $32 million of which was assured, after defeating Robert Guerrero. His earnings reached new heights on September 14, 2013, with a staggering $75 million, $41.5 million of which was guaranteed, following his clash with Saul Alvarez, marking a pinnacle in boxing purse history.
The long-awaited Mayweather vs. Pacquiao showdown finally materialized on May 2nd, 2015, in Las Vegas, heralded as the most lucrative bout in boxing annals. Mayweather and Pacquiao agreed to a profit-sharing arrangement of 60-40, resulting in Mayweather’s $250 million haul and Pacquiao’s $150 million earnings.
On August 26, 2017, Mayweather squared off against Conor McGregor in a Pay Per View extravaganza that shattered previous records. Garnering at least 5 million PPV buys, the event amassed approximately $700 million in total revenue, earning Mayweather a staggering $300 million before taxes. Despite being exempt from Nevada state income taxes, Mayweather remitted around 40% of his earnings to the IRS, inclusive of $22 million in back taxes from 2015. His post-tax windfall amounted to $160 million, elevating his net worth to $560 million following the McGregor bout.
In June 2021, Mayweather participated in an exhibition match against YouTuber Logan Paul, securing a $10 million guarantee plus 50% of PPV proceeds. With around 1 million PPV purchases yielding $50 million in revenue, Mayweather’s total earnings reached $35 million.
November 2022 witnessed Mayweather earning $25 million for an exhibition match against social media personality Deji Olatunji in Dubai.
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Other Appearances
In 2007, Floyd was a contestant on Dancing with the Stars. They finished in ninth place. In 2008, Floyd earned $20 million to appear at WWE’s WrestleMania XXIV.
Real Estate
Since 2018, Floyd has resided primarily in an 11-bedroom bespoke mansion situated in Las Vegas, boasting a sprawling expanse of 22,000 square feet. This luxurious abode was acquired for $10 million. Prior to this, from 2010 until 2018, he called a 13,000-square-foot mansion in Vegas his main dwelling, which he purchased for $9.5 million.
In 2017, Floyd made a substantial investment of $25.5 million in a mansion nestled in Beverly Hills. Alongside this acquisition, he dedicated $500,000 towards furnishing the property, which features amenities like a candy shop, a 12-seat movie theater, and a 300-bottle wine room.
Additionally, Floyd possesses an apartment in New York City, the Mayweather Boxing Club in Vegas, and a Vegas-based strip club named Girl Collection.
August 2021 saw Floyd acquiring a waterfront mansion located on Miami’s Palm Island for $18 million.
Car Collection
Floyd boasts an impressive collection of high-end automobiles, numbering in the dozens. In an interview with ESPN, he revealed that his garage houses luxury cars valued at $15 million, none of which have ever been driven. Over the past twenty years, Floyd has acquired over 100 vehicles from Towbin Motorcars in Las Vegas, consistently paying in cash. Notable highlights from his collection include 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, valued at over $1 million. This list only scratches the surface of his vast assortment, which also includes numerous Ferraris, Lamborghinis, Bentleys, Rolls Royces, and Mercedes-Benz vehicles.
Among his Rolls Royces, Floyd reportedly possesses 16 in total. Interestingly, he once organized his collection such that all cars housed at one mansion were white, while those at his other estate were black.
Private Jets
Floyd possesses a Gulfstream G650 worth $60 million, affectionately named “Air Mayweather,” which he purchased for himself on his 41st birthday in 2018. There are reports that he once flew to Iceland solely to capture a photo for Instagram on a dare. Adorned with his name on the side and “50 – 0” (representing his unbeaten boxing record) on the wing tips, this aircraft is his pride. Alongside this flagship jet, Floyd also owns a Gulfstream III valued at $30 million. When he journeys, he typically flies in the G650 with his inner circle while the “Air Mayweather II” tails behind, accommodating his entourage.
In January 2015, Floyd shared a snapshot on social media featuring himself standing in front of his primary jet alongside seven luxury vehicles, amounting to a collective value of $60 million, which he affectionately refers to as his “toys.”
Jewelry Collection
Floyd has been quite open about flaunting his assortment of jewelry. His collection boasts over 40 exquisite watches of exceptional quality. He proudly asserts that during his vacations, he travels with 30 watches, ensuring he adorns himself with at least $3 million worth of jewelry at all times.
Back in 2015, Floyd made headlines when he splurged a staggering $18 million on a solitary timepiece crafted by Jacob the Jeweler. This watch is adorned with a remarkable 239 emerald-cut baguette diamonds, each weighing up to three carats. Appropriately dubbed “The Billionaire”, this timepiece is a true testament to opulence.
Commercial Real Estate Investments
In 2014, Floyd made a significant financial commitment to join as a partner in the real estate development company SL Green. The CEO of SL Green, Marc Holliday, disclosed Floyd’s investment in December 2014. Presently, Floyd possesses a minority interest in nine skyscrapers located across the United States. Among these, One Vanderbilt stands out as the tallest commercial building in the country.
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Financial Problems?
Over the years, Floyd has been repeatedly accused of facing financial challenges. In March 2017, the IRS demanded $22.2 million in back taxes from him, specifically citing a total owed of $22,238,255 from his 2015 earnings. Floyd contested this, citing a lack of available cash to cover the debt. However, his lawyer later assured the IRS that the amount would be settled in full, along with interest and penalties, directly from his earnings from the Conor McGregor fight. Despite the IRS’s insistence on immediate payment, Floyd’s legal team explained that although he possessed substantial assets, they were primarily illiquid, with a significant liquidity event expected within 60 days to settle the outstanding tax liability.
In February 2020, Floyd’s former friend turned rival, 50 Cent, took to social media to allege Floyd’s financial insolvency, suggesting he would need to return to boxing to replenish his funds. Floyd promptly refuted these claims via his own social media channels. Nonetheless, sustaining Floyd’s extravagant lifestyle comes at an exorbitant cost, with expenditures on residences, luxury vehicles, private jets, an extensive entourage, and other lavish expenses likely amounting to tens of millions annually, despite his diminishing regular income. Floyd’s penchant for discarding items, including shoes never worn more than once, further adds to his expenditure, with discarded items left for fans, house staff, and hotel employees.
Moreover, Floyd’s gambling activities are noteworthy, though the extent of his wins or losses remains undisclosed. He frequently showcases significant wagers placed on various sporting events throughout the year.
Other Controversies
In 2002, Floyd faced accusations of two instances of domestic violence and one instance of misdemeanor battery. He was handed a suspended six-month sentence along with community service as punishment. Two years later, in 2004, he was convicted of two counts of misdemeanor battery, resulting in a one-year suspended sentence. Another misdemeanor battery charge came in 2005 after he kicked a bouncer, to which he pleaded no contest and received a 90-day suspended sentence.
In 2011, Floyd was sentenced to 90 days in county jail for battery charges, along with 100 hours of community service and mandatory attendance in a 12-month domestic violence program. He served 63 days of the sentence and attempted to be released early due to health concerns, citing the inadequacy of the prison food menu. Despite his claims of needing a higher calorie intake, the judge denied his request. Upon his release, Floyd was picked up by 50 Cent in a private jet, carrying a suitcase filled with $1 million in cash.
Summary
Floyd Mayweather’s net worth is $450 million. As of this writing, he has earned more than $1.1 billion during his career. He earned $250 million in May 2015 fighting Manny Pacquiao. Floyd earned $300 million in August 2017 fighting Conor McGregor.