Floyd Mayweather Net Worth (Money & Salary)
Title: Floyd Mayweather Net Worth (Money & Salary)
Last Updated: December 4, 2024
What is Floyd Mayweather’s net worth?
Floyd Mayweather, a globally recognized American boxing champion and promoter, boasts a net worth of $400 million, making him the richest boxer in history. His total career earnings exceed $1.1 billion as of this writing.
Ranked as the 5th highest-paid athlete ever, he joins a select group of just six athletes whose career earnings have surpassed $1 billion. The other five are Michael Schumacher ($1 billion), Jack Nicklaus ($1.15 billion), Arnold Palmer ($1.35 billion), Tiger Woods ($1.65 billion), and Michael Jordan ($1.9 billion). Notably, Floyd achieved the status of the fifth highest-paid athlete with relatively minimal endorsement income. In contrast, most of the highest-paid athletes historically have earned a substantial portion of their income from endorsement deals. Floyd generated over half a billion dollars from merely two fights: $250 million from his 2015 bout against Manny Pacquiao and $300 million from his fight against Conor McGregor in 2017.
Floyd once infamously showcased his checking account balance to an ESPN reporter in 2013, just before his match against Saul Alvarez, revealing a staggering $123 million.
Throughout his prime boxing years, Floyd consistently ranked as the highest-paid athlete globally. Despite holding very few endorsement deals, he can easily earn between $150 million and $300 million annually during fight years. For instance, between June 2014 and June 2015, he amassed an astonishing $300 million, and during the period from June 2017 to June 2018, he also earned a total of $300 million, largely due to his fight with Conor McGregor in August 2017. In addition, outside of the ring, Floyd typically draws about $10 million annually from endorsements and investments.
Early Life and Amateur Career
Born on February 24, 1977, in Grand Rapids, Michigan, Floyd Mayweather comes from a boxing family. His father, Floyd Mayweather Sr., was a professional boxer best known for fighting Sugar Ray Leonard. His uncles, Jeff and Roger, also held careers in professional boxing, with Floyd Sr. and Roger serving variously as Floyd’s trainers throughout his life.
Growing up, Floyd faced challenges; his mother struggled with drug addiction while his father was often absent. It was only when he became old enough to join the boxing gym that his father spent time with him. Following his father’s incarceration, Floyd moved in with his grandmother, allowing him to devote himself entirely to boxing. He eventually dropped out of high school…
school and transitioned into being an amateur.
Floyd secured national Golden Gloves championships in 1993, 1994, and 1996. Additionally, he earned a bronze medal at the Atlanta Olympics in 1996. His amateur record stands at 84 wins and 4 losses.
Professional Career
The date of Floyd’s inaugural professional match was October 11, 1996, during which he achieved a knockout against his opponent, Roberto Apodaca, in the second round.
Throughout his career, Floyd managed to capture an unparalleled six boxing championships across five different weight divisions: Super Featherweight, Lightweight, Junior Welterweight, Welterweight (twice), and Super Welterweight. As of the current writing, his professional boxing record is an impressive 50 victories and no defeats, with 27 of those wins coming by way of knockout.
Career Earnings
As it stands, the total career earnings of Floyd Mayweather amount to $1.1 billion. Below is a detailed breakdown of Floyd’s earnings from each fight throughout his professional boxing career:
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 |
Deji Olatunji | November 2022 | $25 million |
Total | $1.0272 billion |
Additionally, Floyd earned approximately $2 million from his initial 15 fights leading up to the 2005 contest against Arturo Gatti. He has also generated around $25 million from merchandise sales and a few smaller endorsement deals outside of the ring.
Notable Fights
On March 13, 2009, Mayweather was set to confront the toughest opponent in his career, Manny Pacquiao. The match was
The most anticipated fight in a decade captivated audiences. Pay-per-view revenues were projected to surpass $180 million at that time. Floyd Mayweather was promised $25 million upfront, along with an additional $20-25 million later. Sadly, an agreement between Mayweather and Pacquiao could not be reached, causing the fight to be delayed for several years. Floyd then bested “Sugar” Shane Mosley on April 1st, 2010, followed by a victory against Victor Ortiz in 2011. On May 5th, 2012, Mayweather triumphed over Miguel Cotto.
On May 4th, 2013, Floyd earned an estimated $50 million ($32 million guaranteed) by defeating Robert Guerrero. Later, on September 14, 2013, he made $75 million ($41.5 million guaranteed) after fighting Saul Alvarez, setting a record for the highest purse in boxing history.
Finally, on May 2nd, 2015, Mayweather vs. Pacquiao occurred in Las Vegas, expected to be the most lucrative fight in boxing history. The two fighters agreed on a profit split of 60-40, resulting in Floyd earning $250 million and Pacquiao $150 million from the bout.
Then, on August 26, 2017, Floyd Mayweather faced Conor McGregor in what became the highest-grossing Pay Per View boxing event ever. The fight boasted over 5 million PPV purchases. Ultimately, total revenue from the event reached around $700 million, leaving Mayweather with a pre-tax earnings of $300 million. As a resident of Nevada, he did not incur any state income taxes on those earnings but did pay about 40% to the IRS, which included $22 million in back taxes related to his 2015 income. In the end, his after-tax earnings equated to $160 million, bringing his total net worth post-fight to $560 million.
In June 2021, Floyd took part in an exhibition match against YouTuber Logan Paul. For this event, he was guaranteed $10 million plus 50% of Pay Per View profits. With around 1 million PPV purchases resulting in $50 million in revenue, Floyd’s total earnings amounted to $35 million.
In November 2022, Floyd faced social media personality Deji Olatunji in another exhibition match in Dubai, earning $25 million.
Other Appearances
In 2007, Floyd participated as a contestant on Dancing with the Stars, ultimately finishing in ninth place. The following year, he earned $20 million for an appearance at WWE’s WrestleMania XXIV.
Real Estate
Since 2018, Floyd has resided in an 11-bedroom custom mansion in Las Vegas, which spans 22,000 square feet and was purchased for $10 million. Prior to this, he owned a 13,000-square-foot mansion in Vegas, serving as his primary residence from 2010 until 2018, which he acquired for $9.5 million.
In 2017, he invested $25.5 million in a Beverly Hills mansion, spending an additional $500,000 on home furnishings at the closing. This property includes a candy shop, a 12-seat movie theater, and a wine room accommodating 300 bottles. Floyd listed this Beverly Hills mansion for sale in September 2024, asking $48 million.
Additionally, he owns an apartment…
The Mayweather Boxing Club located in Las Vegas, a strip club named Girl Collection also in Vegas, and the luxurious Palm Island mansion in Miami that Floyd purchased for $18 million in August 2021.
Car Collection
Dozens of high-end cars are part of Floyd’s extensive collection. During an ESPN interview, he mentioned that he has $15 million worth of luxury vehicles sitting unused in his garage. Over the past twenty years, Floyd has acquired more than 100 cars from Towbin Motorcars in Las Vegas, reportedly paying for them in cash. Noteworthy among his vehicles are 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 represents only a fraction of his astonishing collection, which includes numerous Ferraris, Lamborghinis, Bentleys, Rolls Royces, and Mercedes, among others.
Interestingly, Floyd is said to own 16 Rolls Royces.
At one time, all the vehicles at one mansion were white, while all those at his other mansion were black.
Private Jets
Floyd is the proud owner of a Gulfstream G650, valued at $60 million, which he affectionately calls “Air Mayweather.” He treated himself to this jet for his 41st birthday in 2018 and reportedly flew to Iceland just to capture an Instagram photo on a dare. The jet features his name on the side and “50 – o” (representing his boxing record) on the wing tips.
In fact, Floyd has two private jets; the second one is a Gulfstream III worth $30 million. When traveling, Floyd typically flies in his G650 accompanied by his closest associates, while “Air Mayweather II” follows with his entourage.
In January 2015, Floyd shared a photo of himself in front of his primary jet alongside seven vehicles, representing a total worth of $60 million in “toys.”
Jewelry Collection
Floyd is not modest when it comes to showcasing his jewelry collection, which includes over 40 ultra-luxury watches. He has claimed that during vacations, he takes 30 watches with him and is consistently adorned with at least $3 million worth of jewelry.
In 2015, he purchased a single watch from Jacob the Jeweler for an astonishing $18 million. This remarkable timepiece features 239 emerald-cut baguette diamonds, each weighing up to three carats, and is aptly named “The Billionaire.”
Commercial Real Estate Investments
Floyd made a significant investment in 2014 to partner with the real estate development firm SL Green. In December 2014, SL Green’s CEO, Marc Holliday, publicly announced this investment. At the time of this writing, Floyd holds a minority stake in nine skyscrapers across the United States, including One Vanderbilt, which is the tallest commercial building in the country.
Financial Problems?
Throughout the years, Floyd has faced rumors regarding financial instability. For example, in March 2017, the IRS demanded $22.2 million from him in back taxes associated with his 2015 income, specifying an amount of $22,238,255. To make matters more unusual, Floyd claimed that he did not have sufficient liquid cash to settle the debt. A few months later, however, his lawyer filed documents confirming to the IRS that the amount owed, with interest and penalties, would be promptly paid using proceeds from his fight against Conor McGregor. The IRS had requested immediate payment, to which Floyd’s legal team responded:
“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.”
In February 2020, 50 Cent, Floyd’s former…
A former friend who has become a bitter enemy took to social media, asserting that Floyd was financially struggling and would soon need to return to the ring to replenish his finances. These claims lacked substantiation, and Floyd promptly countered them on his social media platforms. Nevertheless, it’s important to recognize that maintaining Floyd’s lavish lifestyle involves extraordinary expenses. With his houses, cars, jets, and an entourage, he likely expends tens of millions of dollars each year, especially during a period where he lacks a constant significant income. He never wears a pair of shoes more than once, donating them to fans, housekeepers, and hotel staff instead. At all times, Floyd travels with a 20-person entourage composed of friends, family, bodyguards, a barber (despite having a shaved head), and a massage therapist, who, interestingly, happens to be an attractive female. At one point, thieves broke into his home and stole $7 million in jewelry….
Additionally, we have yet to address Floyd’s gambling habits. The exact amount of money he has won or lost from gambling on sports remains unknown. Throughout the year, he often showcases extraordinarily large bets placed on various sporting events.
Other Controversies
In 2002, Floyd faced charges for two counts of domestic violence and one count of misdemeanor battery, resulting in a six-month suspended sentence and community service. In 2004, after being convicted of two counts of misdemeanor battery, he was handed a one-year suspended sentence. Following an incident in 2005, where he kicked a bouncer, Floyd pleaded no contest to a misdemeanor battery charge, receiving a 90-day suspended sentence. In 2011, he was sentenced to 90 days in county jail due to battery charges, alongside 100 hours of community service and mandatory attendance at a 12-month domestic violence program, ultimately serving 63 days in jail. During his incarceration, Floyd requested early release for medical reasons, arguing that the prison’s 800-calorie daily food menu was causing muscle degradation and that his body required 3000-4000 calories daily. The judge denied his request. Upon release, Floyd was picked up by 50 Cent in a private jet, bringing along a suitcase containing $1 million in cash.
Summary
Floyd Mayweather currently holds a net worth of $450 million. To date, he has earned over $1.1 billion throughout his career, with $250 million earned in May 2015 from his fight against Manny Pacquiao and $300 million from his August 2017 match against Conor McGregor.
Floyd Mayweather Net Worth (Money & Salary)
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The data presented is sourced from 2023 and 2024, with forecasts extending into 2025 and 2026. Additionally, we project the data further into 2027 and 2028.
* This information was taken from various sources around the world, including these countries:
Australia, Canada, USA, UK, UAE, India, Pakistan, Philippines, Indonesia, Nigeria, Tanzania, Kenya, US, United Kingdom, United States of America, Malaysia, U.S., South Africa, New Zealand, Turkey, United Arab Emirates.
Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antarctica, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan.
Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Bouvet Island, Brazil, British Indian Ocean Territory, Brunei Darussalam, Bulgaria, Burkina Faso, Burundi.
Cambodia, Cameroon, Canada, Cape Verde, Cayman Islands, Central African Republic, Chad, Chile, China, Christmas Island, Cocos (Keeling Islands), Colombia, Comoros, Congo, Cook Islands, Costa Rica, Cote D’Ivoire (Ivory Coast), Croatia (Hrvatska), Cuba, Cyprus, Czech Republic.
Denmark, Djibouti, Dominica, Dominican Republic, East Timor, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Estonia, Ethiopia, Falkland Islands (Malvinas), Faroe Islands, Fiji, Finland, France, Metropolitan, French Guiana, French Polynesia, French Southern Territories.
Gabon, Gambia, Georgia, Germany, Ghana, Gibraltar, Greece, Greenland, Grenada, Guadeloupe, Guam, Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Heard and McDonald Islands, Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Iran, Iraq, Ireland, Israel, Italy.
Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kiribati, North Korea, South Korea, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Liberia, Libya, Liechtenstein, Lithuania, Luxembourg.
Macau, Macedonia, Madagascar, Malawi, Malaysia, Maldives, Mali, Malta, Marshall Islands, Martinique, Mauritania, Mauritius, Mayotte, Mexico, Micronesia, Moldova, Monaco, Mongolia, Montserrat, Morocco, Mozambique, Myanmar.
Namibia, Nauru, Nepal, Netherlands, Netherlands Antilles, New Caledonia, New Zealand (NZ), Nicaragua, Niger, Nigeria, Niue, Norfolk Island, Northern Mariana Islands, Norway.
Oman, Pakistan, Palau, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Pitcairn, Poland, Portugal, Puerto Rico, Qatar, Reunion, Romania, Russia, Rwanda, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and The Grenadines, Samoa, San Marino, Sao Tome and Principe.
Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, Somalia, South Africa, South Georgia and South Sandwich Islands, Spain, Sri Lanka, St. Helena, St. Pierre and Miquelon, Sudan, Suriname, Svalbard and Jan Mayen Islands, Swaziland, Sweden, Switzerland, Syria.
Taiwan, Tajikistan, Tanzania, Thailand, Togo, Tokelau, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Uganda, Ukraine, United Arab Emirates (UAE), UK (United Kingdom), USA (United States of America, U.S.), US Minor Outlying Islands.
Uruguay, Uzbekistan, Vanuatu, Vatican City State (Holy See), Venezuela, Vietnam, Virgin Islands (British), Virgin Islands (US), Wallis and Futuna Islands, Western Sahara, Yemen, Yugoslavia, Zaire, Zambia, Zimbabwe.
Post Title: Floyd Mayweather Net Worth (Money & Salary)
Last Updated: December 4, 2024