Floyd Mayweather Net Worth: Is Floyd Mayweather a Billionaire? 2022 Updated
Floyd Mayweather Net Worth: American boxing champion Floyd Mayweather Jr. is widely considered a top contender for the title of “the greatest fighter of all-time” in his weight class. Mayweather’s entire life has been dedicated to boxing, a sport that is literally in his veins.
His career record seems impressive: 49 fights, all wins (26 by knockout). He has won world titles in multiple weight classes, including super featherweight, lightweight, super lightweight, welterweight, light middleweight, light welterweight, super welterweight, and welterweight.
He has also won titles at the International Boxing Federation, the World Boxing Organization, and the World Boxing Association. With his lightning quickness, crushing power, and incredible ring generalship, Mayweather has nearly always delivered a faultless performance in the ring.
His bouts are examples of fistic genius on a level that few fighters have ever achieved. Mayweather, despite his advanced years, is a nightmare for boxers. Despite being 40 years old, he appears as healthy and fit as the day he first stepped into the ring.
Early Life and Amateur Career
On February 24, 1977, in Grand Rapids, Michigan, Floyd Mayweather entered the world. Floyd Mayweather Sr. was also a professional boxer, most notably facing off against Sugar Ray Leonard.
Both Jeff and Roger, Floyd Jr.’s uncles, have boxed professionally in the past. Floyd’s trainers include both his father, Floyd Sr. and his uncle, Roger.
Floyd grew up with a drug addict for a mother and a mostly absent father. When Floyd was old enough to train as a boxer, that’s where he and his dad spent most of their time together.
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Floyd moved in with his grandmother after his dad was thrown in jail. Floyd focused solely on boxing at the moment. After failing high school, he started practicing his craft on his own.
Floyd was the national Golden Gloves champion in 1993, 1994, and 1996. He also brought home bronze during the 1996 Olympics in Atlanta. A total of 84-4, he had a stellar amateur career.
A Career in the Professions
Floyd Mayweather Jr. had his debut as a professional boxer on October 11, 1996. He finished off Roberto Apodaca in the second round with a devastating knockout.
Floyd eventually won six boxing titles throughout the course of his career, setting a record across five weight divisions: super featherweight, lightweight, junior welterweight, welterweight twice, and super welterweight.
As of this writing, his professional boxing record is flawless, with 50 wins and zero losses. 27 of those 50 victories were through knockout.
All in all, Floyd Mayweather has made $1.1 billion throughout his career as of this writing.
You can see how much Floyd made in each fight of his professional career here:
|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|
On top of that, he made about $2 million from his first 15 fights until his 2005 bout against Arturo Gatti. Outside of boxing, Floyd has made about $25 million from products and a few modest endorsement deals.
At one point in time, on March 13, 2009, Mayweather was supposed to fight Manny Pacquiao, his toughest opponent to date. The fight was one of the most highly awaited in recent memory. It was estimated that pay-per-view earnings would top $180 million. Floyd was promised $25 million upfront and another $20–25 million at the end of the $180 million.
It’s unfortunate that Mayweather and Pacquiao were unable to settle their differences and have let this bout drag on for so long. Floyd then went on to win subsequent bouts over “Sugar” Shane Mosley (April 1, 2010) and Victor Ortiz (2011. Mayweather won the bout with Miguel Cotto on May 5, 2012.
Floyd won an estimated $50 million (with a guaranteed $32 million) for defeating Robert Guerrero on May 4, 2013. The fight with Saul Alvarez on September 14, 2013, netted Floyd $75 million (of which $41.5 million was guaranteed). The previous record for a boxing purse has just been broken. One that Floyd will easily break on May 2, 2015, when he finally fights Manny Pacquiao.
This highly anticipated Mayweather vs. Pacquiao fight ultimately went down on May 2, 2015, in Las Vegas. It’s projected to be the battle with the most money made in boxing. All earnings will be divided 60/40 between Floyd and Manny. Following the bout, Floyd raked in $250 million. Pacquiao made $150,000,000.00.
When Floyd Mayweather and Conor McGregor squared off on August 26, 2017, it was the highest-grossing Pay Per View boxing event ever. There were at least 5 million PPV purchases for the event. At the end of the day, Mayweather was paid $300 million before taxes from the fight’s total earnings of about $700 million.
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The state of Nevada did not tax his income because he was a Nevada resident. About 40% of his income went to the IRS. In reality, he forked over 40% of his salary plus an additional $22 million in past taxes payable on his 2015 revenue. His final take was $160 million after taxes. After the McGregor bout, Floyd’s wealth increased to $560 million.
Floyd engaged Logan Paul in a friendly exhibition battle in June of 2021. Floyd had a guaranteed $10 million, plus half of any money made from a Pay Per View. An estimated one million people paid $50 million to watch the PPV. So, Floyd made $35,000,000 in all.
Floyd appeared in Season 7 of Dancing with the Stars, in 2007. They placed ninth overall. Floyd received $20 million to appear at WrestleMania XXIV in 2008.
For the past year, Floyd has called his 22,000 square foot, 11-bedroom mansion in Las Vegas home. He dropped $10,000,000 on the property. From 2010 to 2018, he lived primarily in a 13,000-square-foot house he purchased in Las Vegas. He dropped $9.5 million on the property.
He dropped $25.5M for a Beverly Hills mansion that year. At the time of the closure, he additionally invested $500,000 in furniture and fittings for the house. The mansion includes a confectionery store, a movie theatre, and a wine cellar with space for 300 bottles.
He is the proud owner of a New York City penthouse, the Mayweather Boxing Club on the Las Vegas Strip, and the Girl Collection strip club.
Floyd spent $18 million in August 2021 on the palm island mansion in Miami that is listed below:
Floyd has a garage full of expensive cars. When he was interviewed by ESPN, he said that he had $15 million worth of luxury vehicles in his garage that he had never even started. Floyd has purchased over a hundred vehicles from Towbin Motorcars in Las Vegas over the past two decades. Apparently, he purchases automobiles directly from the dealership with cold hard cash.
He owns a number of extremely valuable automobiles, including a Koenigsegg CCXR Trevita (valued at $5 million), a Bugatti Chiron (valued at $3.5 million), three Bugatti Veyrons (each valued at $2 million), a Bugatti Grand Sport Vitesse (valued at $1.4 million), a Pagani Huayra (valued at $1.4 million), and a limited edition LaFerrari Aperta (valued It’s only a small portion of his amazing collection.
There are many more of Floyd’s luxury automobiles in his collection. There are rumors that Floyd has a garage full of Rolls Royces. For a time, all of the cars he owned and kept at one home were white, while those at the other mansion were all black.
Aircraft for Private Use Only
Floyd’s Gulfstream G650, which he has named “Air Mayweather,” cost him an estimated $60 million. For his 41st birthday this year, he gifted himself a private jet. He supposedly went to Iceland on a dare only to shoot a picture there for Instagram. His boxing record of 50-o is displayed on the wingtips of the plane, along with his name.
Two private jets are Floyd’s proud possession. The second is a Gulfstream III that costs $30 million. Floyd and his closest pals reportedly fly in the G650 while the rest of his crew rides in “Air Mayweather II.”
Floyd shared a snapshot of himself with his private jet and seven cars in January 2015. He was staring at “toys” worth a total of $60 million.
Assortment of Jewelry
Floyd has never been bashful about displaying his fine jewelry. He has almost forty luxury timepieces in his collection. He says he always wears at least $3 million in jewels and packs 30 watches on vacations.
An incredible $18 million was spent by Floyd in 2015 on a single watch from Jacob the Jeweler. A total of 239 baguette diamonds, each up to three carats in weight, decorate this timepiece’s emerald-cut bezel. The watch’s name, “The Billionaire,” is apt.
Floyd Mayweather Net Worth
Floyd Mayweather Net Worth: Famous throughout the world as a boxing champion and promoter, Floyd Mayweather is an American icon. The sum total of Floyd Mayweather’s wealth is $450,000,000. That sum makes him more money than any other boxer in history. The current sum of Floyd’s career earnings is above $1.1 billion.
Floyd ranks fifth on the all-time list of highest-paid athletes and is one of only six athletes to earn over $1 billion in their careers. Five others are Jack Nicklaus (1.15 billion), Arnold Palmer (1.35 billion), Tiger Woods (1.66 billion), Michael Jordan (1.9 billion), and Michael Schumacher (1 billion).
The most astounding part of Floyd’s earnings is that he became the sixth highest-paid athlete of all time with only modest revenues from endorsement deals. In comparison, endorsement deals were a key source of revenue for the great majority of the highest-paid athletes in history.
As a result of his two battles, Floyd made almost $500 million. After his battle with Manny Pacquiao in 2015, he raked in $250 million. Fighting Conor McGregor in 2017 won him $300 million.
Before his fight with Saul Alvarez in 2013, Floyd famously flashed out his bank balance to an ESPN reporter. Floyd flaunted the $123 million in his checking account.
Floyd was by far and away the highest-paid athlete in the world during his prime boxing years. In spite of his lack of sponsorship deals, Floyd can still make between $150 million and $300 million annually from his boxing career.
As of the end of June 2015, Floyd has amassed an incredible $300 million in earnings between June 2014 and June 2015. Between June 2017 and June 2018, Floyd made a total of $300 million, the vast majority of which came from his August 2017 battle against Conor McGregor. Besides his boxing purse, Floyd makes an annual average of $10 million from sponsorship deals.
Investing in Business Premises
Floyd invested heavily in SL Green, a real estate development firm, in 2014. He is now a partner there. In December 2014, Floyd’s investment was announced by SL Green CEO Marc Holliday.
Floyd has a partial interest in nine high-rise buildings in the United States as of this writing. One Vanderbilt is the tallest commercial structure in the United States and one of those skyscrapers.
If you’re in Las Vegas this weekend come to Girl Collection. Beautiful Ladies, Good Music Good Food, And Great Vibes. pic.twitter.com/vZNPrnI0Lc
— Floyd Mayweather (@FloydMayweather) August 5, 2022
Floyd, over the years, has avoided questions about his financial stability. For instance, in March of 2017, the IRS slapped Floyd with a demand for $22.2 million in overdue taxes linked to his 2015 income.
To be more precise, the IRS asserted that he had a debt of $22,238,255. As if it weren’t odd enough, Floyd also claimed he lacked the funds to pay off the loan in full.
In documents filed with the IRS a few months later, Floyd’s attorney promised that his client’s Conor McGregor bout proceeds will be used to settle the IRS’s bill in full, including interest and penalties. Floyd’s legal team responded to the IRS’s demand for prompt payment by saying:
“The taxpayer has a lot of assets, but they are mostly illiquid and subject to restrictions. The taxpayer plans to pay the remainder of his 2015 tax burden in full over the next 60 days, once he receives the proceeds from a major liquidity event he has planned.”
In February of 2020, Floyd’s former friend and bitter nemesis 50 Cent used social media to say that Floyd was broke and would soon need to walk back into the ring to re-fill his coffers. Floyd was quick to respond to these baseless accusations on his social media accounts. Of course, it’s important to note that Floyd’s extravagant way of living comes at a high price.
With all of their mansions, automobiles, private planes, and support staff… He probably spends tens of millions of dollars per year, even though he no longer receives a sizable annual salary. All of his old shoes are left for his fans, housekeepers, and hotel workers after he wears them only once.
Friends, family, bodyguards, a barber (even though his head is shaved), and a massage therapist, who happens to be a stunning girl, make up his constant 20-person entourage. One time, burglars stormed into his home and made off with $7 million worth of jewelry…
Not to mention Floyd’s propensity for gambling, which hasn’t been addressed at all. Who knows if Floyd has made or lost a lot of money betting on sports? He brags about his massive annual sports wagers on a regular basis.
Floyd was arrested in 2002 for two counts of domestic abuse and one count of misdemeanor battery. For this crime, he was given a 6-month suspended sentence and community service. After being found guilty of two charges of misdemeanor battery in 2004, he was handed a one-year suspended sentence.
After being accused of kicking a bouncer and facing misdemeanor violence charges, he entered a no contest plea in 2005. His punishment was suspended for 90 days. Floyd was given a ninety-day jail sentence for violence in 2011.
In addition to the 12-month domestic violence program, he had to complete 100 hours of community service. In the end, he spent 63 days behind bars. Floyd claimed that the muscle loss he was experiencing was a result of the prison’s 800-calorie-a-day meal menu in his plea for medical release.
According to him, a daily calorie intake of 3000–4000 was necessary. The court refused to budge. 50 Cent picked up Floyd from the facility upon his release, with a million dollars in cash stashed in a suitcase.
The sum total of Floyd Mayweather’s wealth is $450,000,000. He has amassed about $1.1 billion in wealth so far in his life and profession. In a bout against Manny Pacquiao in May of 2015, he raked in $250 million. After his August 2017 bout with Conor McGregor, Floyd made $300 million.