|Birth name||Floyd Joy Mayweather Jr.|
|Born on||February 24, 1977|
|Net worth||$560 million|
|Source of wealth||Boxing|
|Marital status||In a relationship|
|Education||High school, drop out|
|Residence||Las Vegas, Nevada|
|Nickname (s)||Money, Pretty Boy, TBE (The Best Ever)|
Floyd Mayweather net worth is about $560 million according to Sports Casting. Mayweather is a former professional boxer from the United States. He’s considered the greatest boxer of all time having won each of the 50 fights he has fought in his career. He retired from professional boxing in 2015 after being in the sport for 21 years. In 2021, BoxRec named Floyd the greatest boxer of all time, pound for pound. In 2016 he was named the greatest boxer of all time by ESPN
According to Sportico, Mayweather has earned $1.2 billion throughout his career and is the world’s 6th highest-earning athlete of all time. In 2018, he was the world’s highest-paid athlete taking home a total of $285 million in salaries and endorsements. The boxer is an International Boxing Hall of Famer (class of 2021). So, how did Floyd Mayweather net worth get to half a billion dollars, and how does he spend all this fortune?
Early life and Education
Floyd Mayweather was born on February 24, 1977, in Grand Rapids, Michigan. Mayweather comes from a family of boxers. His father Floyd Mayweather Sr. and his two uncles are all former professional boxers. Mayweather has stated that life was not easy for him when he was growing up. His mother was a drug addict and his father, who sent him to live with his grandmother, did not spend much time with him.
Mayweather says that when he was eight, he shared one bedroom with 7 relatives and at times did not have electricity. “When people see what I have now, they have no idea where I came from and how I didn’t have anything growing up. People don’t know the hell I’ve been through.” Floyd says. The boxer also states that his father was never there for him. According to him, the only time his dad spent with him was taking him to the gym. Mayweather states that he basically raised himself.
Floyd attended Ottawa Hills High School before dropping out to concentrate on boxing. According to Mayweather, he dropped out of school because boxing was the only way he would earn a living and take care of his not-so-well-up family. In 1993, his father was sentenced to five-and-a-half years for illegal drug trafficking.
During his amateur boxing career, Floyd Mayweather won the national Golden Gloves championships in the years 1993, 1994, and 1996. He had a total of 84 wins and only 8 losses during his amateur boxing. In the 1996 Olympics, he won a bronze medal by reaching the semi-finals of the featherweight division. He was the first American boxer to beat a Cuban after defeating Lorenzo Aragon during the Olympics. Mayweather was 19 while Lorenzo was 22.
The boxer’s professional career began in October 1996. He won his first professional bout on October 11, 1996, after defeating Robert Apodaca. In 1998, he won his first world title, the WBC super featherweight championship (130 lb) after defeating Genaro Hernandez. Mayweather was trained by his uncle Roger Mayweather after his father was imprisoned in 1993. His father took over as his trainer after completing his sentence in 1998.
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How does Floyd Mayweather make his millions?
Floyd Mayweather net worth is $560 million. How does he make his money? The boxer makes most of his money from boxing and some of it from endorsements. Floyd is one of the best moneymaking pay-per-view (PPV) attractions of all time. During his career, the boxer has generated about $1.67 billion from 24 million pay-per-view buys overtaking other top PPV attractions such as Manny Pacquiao and Mike Tyson. The boxer is paid a certain percentage of the revenue generated from the PPV buys.
Mayweather topped the list of the world’s best-paid athletes in the years 2012, 2014, 2015, and 2018. In 2012 and 2014 his total earnings were $85 million and $105 million respectively. He took home $300 million in 2015 and $285 million in 2018. The boxer also acts as his own fight promoter through his company Mayweather Promotions which enables him to maximize his earnings.
According to Mirror, Floyd Mayweather made a cool $65 million from his exhibition bout with YouTuber Logan Paul in June last year. Before the fight, Mayweather said “I believe in working smarter, not harder. So, if it’s something easy like a legalized bank robbery (the fight with Logan), I’ve got to do it. I have to do it.”
Mayweather, who has fought 50 fights and has not lost a single one of them, has earned more than $1 billion in the course of his 21-year boxing career. He made only $2,500 after winning his first professional fight in 1996. In August 2017, Mayweather made $300 million after beating Conor McGregor.
The table below shows earnings from the last 10 fights Mayweather has fought.
|May 2012||Miguel Cotto||$40 million|
|May 2013||Robert Guerrero||$50 million|
|September 2013||Saul Alvarez||$75 million|
|May 2014||Marcos Maidana I||$40 million|
|September 2014||Marcos Maidana II||$32 million|
|May 2015||Manny Pacquiao||$250 million|
|September 2015||Andre Berto||$35 million|
|August 2017||Conor McGregor||$300 million|
|December 2018||Tenshin Nasukawa||$9 million|
|June 2021||Logan Paul||$65 million|
Related: Jake Paul’s net worth in 2022
How does Floyd Mayweather spend his millions?
Floyd Mayweather net worth is a whopping $560 million. How does he spend all this money?
In 2017, the boxer bought a $25.5 million 15,000 square foot home in Beverly Hills and paid the money in cash. It has 6 bedrooms, 10 bathrooms, a massive kitchen, a 20-seat cinema, a candy shop, and a bar. It also features a gym, a large pool with its own pool house in the backyard, and a four-car garage. The mansion is the most expensive property Mayweather owns so far.
His second-most expensive property is his 22,000-square-foot mansion in Las Vegas, Nevada. He paid $10 million for the property which features 11 bedrooms, 14 bathrooms, indoor and outdoor pools, several guest houses as well as a 20-car underground garage. He also owns a modern waterfront mansion on Miami beach which he paid $7.7 million for. It spans 5,200 square feet and has 5 bedrooms, 5 bathrooms, and a huge pool in the backyard. It is surrounded by floor-to-ceiling windows. The millionaire owns a 2,500-square-foot condo in Los Angeles at the Ritz Carlton Residences which he bought in 2013 for $2.4 million.
Cars and Private jets
Floyd Mayweather has an insane car collection worth more than $30 million. He bought his first car a 1996 Mercedes Benz s-600 at the age of 19. The boxer has so many vehicles, in each of his three residences, in Las Vegas, Miami, and Los Angeles, you will find a fleet of cars. A car dealer in Las Vegas claims that he has sold more than 100 cars to Mayweather over the course of two decades including 16 Rolls Royces.
He owns one of only two Koenigsegg CCXR Trevita that exist in the whole world. The car costs about $4.7 million and is perhaps Mayweather’s most expensive ride. It has a top speed of 254 mph and can go from 0-62 mph in 2.9 seconds. The boxer owns two Bugatti Grand Sport with each going for about $3.5 million. He owns several Rolls Royces with his most expensive one being the Phantom limited-edition worth about $580,000. His other Rolls Royce models include a $330,000 Rolls Royce Ghost and a $300,000 Rolls Royce Wraith. Other cars that the millionaire owns include two Bugatti Veyrons, several Ferraris, and a couple of Lamborghinis.
The millionaire owns two private jets, a $47 million Gulfstream V nicknamed Air Mayweather 1 and a Gulfstream III nicknamed Air Mayweather 2 which goes for about $37 million. The Gulfstream III carries 12 passengers and is fitted with a gold sink, gold cup holders, and other gold finishes. It also has a fully stocked kitchen.
When it comes to fashion Mayweather is at the top of his game. He goes for the best designer sneakers such as the Christian Louboutin Lou Spikes flat sneakers which cost about $1,045 a pair. Mayweather owns several Hermes Birkin Bags which are incredibly expensive. One bag costs more than $10,000. According to Luxury Zone, Mayweather does not repeat his underwear and spends about $10,000 every year on boxers alone. He owns more than 40 designer watches with one of them, a Jacob and Company billionaire diamond watch being worth a whopping $18 million.
Mayweather has a personal chef who he pays $1,000 for every meal. If he takes at least two meals every day, he would spend $60,000 every month and $365,000 every year to pay his chef. He once bought his daughter a $400,000 Rolls Royce. Mayweather also loves gambling and partying.
Related: Logan Paul net worth
Mayweather has four biological children, three with Josie Harris, a former reality star who he dated from 1995 to 2010, and one with Melissa Brim. He also has one adopted son. According to the Daily Star, Mayweather is currently in a relationship with Gallienne Nabila. The two rekindled their romance after breaking up in the past. Nabila is a model and Tik Tok influencer. Mayweather dated Anna Monroe, a British stripper before getting back with Nabila.
According to Celebrity Inside, Mayweather’s interests and hobbies include music, collecting money, taking rides in his cars, and sports. Some of his favorite vehicles include the Rolls-Royce Phantom, Bugatti Veyron, and a Lamborghini Aventador. He loves fast food and his favorite ice cream flavors are pralines and cream. Monster flicks and The Notebook are his best films. Mayweather loves tennis, basketball, and Table tennis. His favorite music is 50 Cent, Cassidy, Jay-Z, Earl Hayes, and Derek Bomb.
Floyd Mayweather is no stranger to controversies. In 2002, he was charged with 2 counts of domestic violence and one count of misdemeanor battery. He was slapped with a suspended sentence of 6 months, 2 days of house arrest, and 48 hours of community service. In 2004, Mayweather was again charged with two counts of assaulting 2 women. He received a one-year suspended sentence, he was required to pay a fine of $1,000, and was ordered to undergo counseling for impulsive control. In 2005 the boxer was given a 90-day suspended jail sentence for hitting and kicking a bouncer.
In 2010 Mayweather was charged with domestic battery after complaints from his then-girlfriend Josie Harris. He was also charged with felony theft due to the disappearance of Josie’s phone and misdemeanor harassment for threatening his children. In 2011 the former boxer was sentenced to a 90-day jail term for these charges and was ordered to perform 100 hours of community service. He was also required to pay a fine of $2,500 and undergo a domestic violence program for 12 months. He served his 3-month jail term from June 1 2011 to August 3, 2011.
In May 2015, Josie Harris sued Floyd for defamation claiming that the latter called her a drug addict during an interview in April that year.
Related: Conor McGregor net worth
Floyd Mayweather net worth currently stands at $560 million. The boxer has made most of his fortune from boxing. He also makes money through endorsements. Mayweather lives a lavish life, spending crazy amounts of money on whatever he likes including an $18 million diamond watch. Finally, here are some quotes from Mayweather which could inspire you.
- “I come from a very rough background, and I’m saying that if you work hard and dedicate yourself that you can make it, too.”
- “When you’re the best, you only want to surround yourself with the best.”
- “You know, as a young child, I lay in my bedroom and I swore to myself then: ‘I’m not going to smoke and I’m not going to drink.’ And I said I’m not going to just say that when I’m a kid. I’m going to stick to that as an adult. I kept that in mind my whole life.”
- “You have good days; you have bad days. But the main thing is to grow mentally.”
- “God only made one thing in this world that’s perfect – and that’s my boxing record.”
- “A true champion will fight through anything.”
- “Don’t ever know who you may meet, or just because a person may not be dressed up all fancy, don’t mean they’re not an important person. You just don’t ever know who you’re gonna meet in life. So that’s why I look at everybody as equal. Can’t just judge. I treat everybody with respect. Every man.”
- “I’m always focused.”
- “Things happen for a reason, and the only thing you can do is at night time get on your knees and ask God for forgiveness for anything that you did that you didn’t feel was right.”
- “I’m looking to expand my portfolio while I’m on top and while I’m young.”
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