Floyd Mayweather Net Worth
Floyd Mayweather has an estimated net worth of $450 million. One of the best pound-for-pound fighters in history, American boxer Floyd Mayweather has won championships across five weight divisions. He earns most of his income from his career as a professional boxer and actor.
Floyd Mayweather, an American boxer, was born on February 24, 1977, in Grand Rapids, Michigan. Before turning professional in 1996, he won three national Golden Gloves and an Olympic bronze medal. Mayweather won his first title as a super featherweight in 1998 and went on to win titles in four other weight classes while remaining undefeated.
To calculate the net worth of Floyd Mayweather, subtract all his liabilities from his total assets. Investments, savings, cash deposits, and any equity he has in a house, car, or other similar asset are included in the total assets. All debts, such as personal loans and mortgages, are included in total liabilities.
Here’s the breakdown of his net worth:
|Net Worth:||$450 Million|
|Monthly Income:||$20 Million|
|Salary:||$300 Million Per Fight|
|Source of Wealth:||Professional Boxer, Athlete, Actor|
Floyd Mayweather Jr., widely regarded as the greatest boxer of his generation, was born Floyd Joy Sinclair on February 24, 1977, in Grand Rapids, Michigan. Floyd Sr., his father, was a welterweight contender, and his uncle Jeff Mayweather is a former IBO super featherweight champion. Roger Mayweather, another uncle, is a former WBA super featherweight and WBC super lightweight champion.
Floyd Sr. took Mayweather to the gym shortly after he learned to walk, placing his young son in front of speed bags whenever they went. Mayweather was soon throwing punches at anything that moved in his path. He was fitted for his first pair of boxing gloves when he was seven years old.
Little Floyd, as he was known, quickly established himself as a fixture at his neighborhood gym, which was conveniently located just five doors down from his family’s home. He quickly adopted his father’s surname, indicating a desire to follow in his father’s footsteps to boxing success.
His family situation was complicated. The elder Mayweather had a violent temper and was a drug dealer who drifted in and out of danger. In 1978, he was shot in the leg while holding his infant son, and in 1993, he was sentenced to prison for cocaine trafficking. Deborah Mayweather, Mayweather’s mother, also struggled with substance abuse.
Away from his family’s circus, Mayweather found peace and control in the ring. Mayweather, nicknamed “Pretty Boy” early in his career due to his unmarked face, won the national Golden Gloves in 1993, 1994, and 1996 with his fast, precise style.
Mayweather’s amateur career ended on a bitter note, despite the fact that he finished 84-6. He was forced to settle for a bronze medal after losing a controversial decision to Bulgaria’s Serafim Todorov at the 1996 Olympic Games in Atlanta.
Pro Boxing Career
On October 11, 1996, Mayweather made his professional debut. Mayweather continued to win at an astonishing rate as a professional. Following his release from prison, the talented boxer won several easy bouts with his father serving as both manager and trainer. He won his first world title, the WBC super featherweight championship, in 1998 after defeating Genaro Hernandez.
His career took off even faster in 2000, when Mayweather embarked on a seven-year run that had many fight fans hailing him as one of the sport’s all-time greats.
During this time, he advanced to the WBC lightweight title in 2002, the WBC super lightweight title in 2005, and the IBF, IBO, WBC, and IBA welterweight titles in 2006. He defeated Oscar De La Hoya for the WBC super welterweight title in 2007.
His success resulted in increased earnings. He was the third highest-paid American athlete in 2010, earning more than $60 million.
The victories and paydays only added to Mayweather’s already massive ego. He became one of boxing’s most divisive figures in a sport built on bravado. “My goal has always been to be one of the greatest fighters in history,” Mayweather has stated. “My legacy and career are very important to me.”
His crossover appeal is also strong. Mayweather brought his star power to television as his international profile grew.
Mayweather took center stage in the four-part HBO documentary 24/7, which led to new pay-per-view and live-gate records in the buildup to his much-anticipated 2007 match with De La Hoya. Later that year, he competed on ABC Television’s Dancing with the Stars.
Retirement and Comeback
After defeating Ricky Hatton in late 2007, Mayweather shocked the sports world by announcing his retirement. He returned in September 2009 and won a unanimous decision over Juan Manuel Marquez for a purse of nearly $60 million. Eight months later, in Las Vegas, he won a 12-round unanimous decision over Shane Mosley to improve his professional record to 41-0.
Mayweather made headlines in May 2013 when he won a 12-round unanimous decision over Robert Guerrero at the MGM Grand Garden Arena in Las Vegas, capturing the WBC welterweight title. Mayweather’s record improved to an undefeated 44-0 after the fight (with 26 KOs).
Bouts vs. Pacquiao and McGregor
Following three more successful fights, Mayweather shocked the boxing world by agreeing to face eight-division champion Manny Pacquiao on May 2, 2015, at the MGM Grand Garden Arena. Mayweather held off his opponent in the “Fight of the Century,” winning a unanimous decision and keeping his perfect record intact.
Mayweather agreed to a fight with brash UFC champion Conor McGregor in 2017, who had boxed as an amateur before switching to mixed martial arts. Mayweather agreed to fight with 8 ounce gloves as part of the negotiations, a compromise between the standard 10 ounce gloves used for junior middleweight fights and the UFC’s 4 ounce mitts.
The fight took place on August 26, 2017, at the T-Mobile Arena in Las Vegas, after months of anticipation. Mayweather, who is 40 years old and well past his athletic prime, outclassed his younger, stronger, and less experienced opponent, pummeling McGregor with a flurry of punches in the 10th round before being declared the winner via TKO. Mayweather announced his retirement again, bringing his record to 50-0.
Mayweather, with his competitive juices still flowing, fought Japanese kickboxer Tenshin Nasukawa in an exhibition at the end of 2018. He announced on Instagram in November 2019 that he would “come out of retirement in 2020.”
Mayweather lives in Las Vegas with his four children (two sons and two daughters).
Mayweather’s sometimes-obnoxious family dynamics have occasionally intruded on his professional life. Mayweather fired his father as manager in 2000. Their feud grew even more heated, and Mayweather fired his father as trainer as well, replacing him with his uncle Roger Mayweather.
Mayweather has fought in a variety of battles outside of the ring. After pleading guilty to a domestic violence charge and no contest to two harassment charges, a Las Vegas judge sentenced him to 90 days in jail in late December 2011. Mayweather has been arrested several times in Las Vegas and his hometown of Grand Rapids for battery and violence since 2002.
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