Floyd Mayweather was born in Grand Rapids, Michigan on February 24, 1977. Floyd Mayweather Sr., his father, was a professional boxer who memorably battled Sugar Ray Leonard. Floyd Jr.’s uncles Jeff and Roger were also professional boxers in the past. Floyd Sr. and Roger have both worked as Floyd’s trainers at various periods.
Floyd’s mother was a heroin addict when he was a child, and his father was relatively absent. When Floyd was old enough to go to the boxing gym, his father spent most of his time with him. Floyd moved live with his grandmother after his father was imprisoned. Floyd committed himself to boxing during this period. He dropped out of high school to pursue a career as an amateur.
Floyd won the national Golden Gloves titles in 1993, 1994, and 1996. He also won a bronze medal at the Atlanta Olympics in 1996. His amateur record was 84-4.
Personal Life & Luxury
Floyd’s principal house in Las Vegas since 2018 has been an 11-bedroom custom-built estate spanning 22,000 square feet. He paid $10 million for the mansion. He also has a 13,000-square-foot house in Las Vegas, where he lived from 2010 until 2018. He paid $9.5 million for this home.
He paid $25.5 million for a Beverly Hills house in 2017. At the time of the closing, he additionally spent $500,000 on home furnishings for this house. This mansion features a sweets shop, a 12-seat movie theatre, and a wine cellar with 300 bottles.
He owns an apartment in New York City, the Mayweather Boxing Club in Las Vegas, and the Girl Collection strip club in Las Vegas. Floyd spent $18 million for the following beachfront house on Miami’s Palm Island in August 2021.
Floyd has a large number of high-end automobiles. He allegedly told an ESPN interviewer that he has $15 million in fancy automobiles in his garage that he has never driven. Floyd has purchased over 100 automobiles from Towbin Motorcars in Las Vegas over the previous two decades. He allegedly pays cash for his autos. 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 north of $1 million are among his most significant automobile holdings. This is only a small portion of his enormous collection. Floyd has several Ferraris, Lamborghinis, Bentleys, Rolls Royces, Mercedes, and other luxury vehicles. Floyd is said to own 16 Rolls Royces. At one time, all of his automobiles at one home were white, while all of his cars at his other mansion were black.
Floyd has a $60 million Gulfstream G650 named “Air Mayweather.” In 2018, he purchased the jet for his 41st birthday. On a dare, he reportedly travelled to Iceland merely to capture a shot for Instagram. His name is inscribed on the side, while “50 – o” (his boxing record) is emblazoned on the wing tips.
Floyd really has two private planes. The second is a Gulfstream III worth $30 million. Floyd apparently rides in the G650 with his closest pals, while “Air Mayweather II” follows after with his crew.
Floyd uploaded a snapshot of himself standing in front of his primary jet and seven automobiles in January 2015. He was standing in front of $60 million in total.
Floyd has not shied away from flaunting his jewellery collection. He has about 40 highly expensive watches. He claims that when he travels on vacation, he carries 30 watches and wears at least $3 million in jewellery at all times.
Floyd spent an incredible $18 million for a single Jacob the Jeweller watch in 2015. This timepiece is set with 239 emerald-cut baguette diamonds weighing up to three carats apiece. “The Billionaire” is an apt name for the watch.
Floyd made a significant investment in 2014 to become a partner in the real estate development business SL Green. Floyd’s investment was revealed by SL Green’s CEO, Marc Holliday, in December 2014. Floyd holds a minority investment in nine buildings in the United States as of this writing. One of these buildings is One Vanderbilt, the highest commercial structure in the United States.
Career
Floyd had his first professional bout on October 11, 1996. In the second round, he knocked out his opponent, Roberto Apodaca. Floyd went on to win an incredible six boxing championships in five different weight classes throughout his career: Super Featherweight, Lightweight, Junior Welterweight, Welterweight twice, and Super Welterweight. As of this writing, he has a professional boxing record of 50 wins and 0 losses. 27 of the 50 victories were via knockout.
On March 13, 2009, Mayweather was set to meet Manny Pacquiao, his toughest opponent to date. The fight was likely the most anticipated in a decade. Pay-per-view sales were estimated to top $180 million at the time. Floyd was to receive $25 million upfront and an additional $20-25 million in backend payments from the $180 million. Unfortunately, Mayweather and Pacquiao were unable to strike a deal, and the match was postponed for several years. Floyd later defeated “Sugar” Shane Mosley on April 1, 2010, and Victor Ortiz in 2011. Mayweather beat Miguel Cotto on May 5, 2012.
Floyd received an estimated $50 million ($32 million guaranteed) for defeating Robert Guerrero on May 4, 2013. Floyd got $75 million ($41.5 million was guaranteed) when he fought Saul Alvarez on September 14, 2013. That was the richest purse ever paid in boxing history. A record that will be easily broken when Floyd finally confronts Manny Pacquiao on May 2nd, 2015.
Mayweather vs. Pacquiao was eventually held on May 2, 2015, in Las Vegas. It is projected to be the most lucrative boxing match in history. Floyd and Manny reached an agreement to divide all earnings 60-40. The bout netted Floyd $250 million. Pacquiao took home $150 million.
Floyd Mayweather faced Conor McGregor in the highest-grossing Pay Per View boxing event in history on August 26, 2017. At least 5 million PPV tickets were sold throughout the event. When everything was said and done, the fight earned roughly $700 million in total income across all sources, leaving Mayweather with a $300 million payment before taxes. He did not pay any state income taxes on those earnings since he lived in Nevada. He did pay the IRS around 40% of his revenues. Actually, he paid 40% of his profits plus $22 million in retroactive taxes owing on his 2015 earnings. When all was said and done, his after-tax earnings were $160 million. Floyd concluded the McGregor bout with a net worth of $560 million after his prior net worth was included.
Floyd battled YouTuber Logan Paul in an exhibition bout in June 2021. Floyd was promised $10 million in addition to 50% of the Pay Per View income. The PPV was purchased by around 1 million individuals, producing $50 million in income. Floyd, therefore, earned a total of $35 million. Floyd won $25 million to fight social media celebrity Deji Olatunji in an exhibition battle in Dubai in November 2022. Floyd was on Dancing with the Stars in 2007. They came in eighth position. Floyd was paid $20 million to participate in WWE’s WrestleMania XXIV in 2008.
Career Earnings
As of this writing, when you total it all up Floyd Mayweather’s career earnings are $1.1 billion. Below is a fight-by-fight breakdown of every payday Floyd earned during his professional fighting 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 | |
He also made about $2 million in his first 15 fights before his 2005 showdown against Arturo Gatti. Floyd has made roughly $25 million outside of the ring by selling products and signing a few minor endorsement deals.
Net Worth
Floyd Mayweather is a world-renowned boxing champion and promoter from the United States. Floyd Mayweather has an estimated net worth of $400 million. That makes him the wealthiest boxer in history. As of this writing, Floyd’s total career earnings exceed $1.1 billion.
Floyd is the fifth highest-paid athlete in history and one of only six sportsmen whose lifetime earnings have surpassed $1 billion. 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) are the other five. What’s arguably most amazing about Floyd’s earnings is that he managed to become the sixth highest-paid athlete in history while having nothing in the way of endorsement money. In comparison, the great majority of the highest-paid athletes in history made the vast bulk of their money via endorsement deals. Floyd made more than $500 million from only two fights. In 2015, he earned $250 million after defeating Manny Pacquiao. In 2017, he won $300 million by fighting Conor McGregor.
Floyd famously gave up his bank account balance to an ESPN reporter in 2013, right before his fight against Saul Alvarez. Floyd proudly exhibited his $123 million checking account balance.
Floyd was routinely (and by far) the most-paid athlete in the world throughout his prime boxing years. Despite having few endorsement deals, Floyd may easily earn $150 million to $300 million per year when he fights. Floyd made a mind-boggling $300 million between June 2014 and June 2015. Between June 2017 and June 2018, Floyd earned a total of $300 million, the majority of which came from his bout against Conor McGregor in August 2017. Floyd routinely earns $10 million per year from endorsements and other interests outside of the ring.
Floyd Mayweather has an estimated net worth of $450 million. He has made more than $1.1 billion in his career as of this writing. In May 2015, he earned $250 million by defeating Manny Pacquiao. Floyd won $300 million facing Conor McGregor in August 2017.
Financial Problems
Floyd has skirted claims of financial issues over the years. For example, in March 2017, the IRS sent Floyd a demand for $22.2 million in past taxes owed on his 2015 earnings. To be more explicit, the IRS said he owed $22,238,255. If that wasn’t insane enough, Floyd claimed he didn’t have enough liquid cash to pay off the loan. A few months later, Floyd’s attorney filed documentation guaranteeing the IRS that their amount would be paid in full, including interest and penalties, straight from the proceeds of his Conor McGregor bout. The IRS sought 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.”
Floyd’s former buddy and now bitter opponent, 50 Cent, came to social media in February 2020 to declare that Floyd was broke and would need to return to the ring soon to replenish his coffers. These were unfounded assertions that Floyd quickly refuted on social media. However, it must be said that Floyd’s lifestyle is quite expensive to maintain. Between the residences, vehicles, jets, entourage, and other expenses, he undoubtedly spends tens of millions of dollars each year, despite the fact that he no longer has a steady source of income.
He never wears the same pair of shoes twice and leaves all of his discards for admirers, housekeepers, and hotel personnel. He travels with a 20-person entourage that includes buddies, family members, bodyguards, a barber (despite the fact that his head is shaved), and a massage therapist who happens to be a stunning female. Once, thieves stormed into his home and stole $7 million in jewellery…And we haven’t even gotten started on Floyd’s gambling habits. It’s hard to say how much money Floyd has made or lost by betting on sports. He routinely flaunts massive wagers placed on athletic events throughout the year.
Legal Tussles
Floyd was arrested in 2002 and charged with two charges of domestic abuse and one count of misdemeanour assault. For this offence, he received a six-month suspended sentence and community service. After being convicted of two charges of misdemeanour batter battery in 2004, he received a one-year suspended sentence. After kicking a bouncer, he pled not guilty to a misdemeanour batter charge in 2005. He was sentenced to 90 days in jail, suspended. Floyd was sentenced to 90 days in county prison in 2011 on assault charges.
He also had to do 100 hours of community service and enrol in a 12-month domestic violence programme. He was sentenced to 63 days in prison. Floyd petitioned for medical parole while serving his term, claiming that the 800-calorie daily prison meal menu was causing his muscles to atrophy away. He stated that his body required 3000-4000 calories per day. The judge refused to comply. Floyd was freed and was met by 50 Cent on a private plane with luggage containing $1 million in cash.
Facts
| Net Worth | $400 Million |
| Date of Birth | Feb 24, 1977 (46 years old) |
| Place of Birth | Grand Rapids |
| Gender | Male |
| Height | 5 ft 8 in (1.73 m) |
| Profession | Professional Boxer, Athlete, Actor |
| Nationality | United States of America |
