Floyd Mayweather net worth
Number of divisions: 37
What is Floyd Mayweather’s net worth?
Floyd Mayweather is a world-renowned American boxing champion and promoter. Floyd Mayweather’s net worth is $450 million. This makes him the richest boxer of all time. At the time of writing, Freud’s total professional income is as high as $1.1 billion.
Freud is the fifth highest paid athlete ever and one of only six athletes with a professional income of more than $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). Perhaps the most impressive thing about Freud’s income data is that he became the fifth-highest-earning athlete ever with a relatively small endorsement income. In contrast, most of the highest-paid athletes in history have earned most of their income through endorsement deals. Freud made more than $5 billion in just two games. After fighting Manny Pacquiao, he made $250 million in 2015. In 2017, his game with Conor McGregor made $300 million.
In 2013, before fighting Saul Alvarez, there was a notorious incident with an ESPN reporter in which Floyd flaunted his checking account balance. Freud proudly showed that his checking account balance was $123 million.
At his boxing peak, Freud has been (and to date) the highest paid athlete in the world. Although endorsement deals are rare, Freud can easily earn between US$15 and US$300 million a year while fighting. Between June 2014 and June 2015, Freud made an incredible $300 million. Between June 2017 and June 2018, Freud made a total of $300 million, mainly due to his battle with Connor McGregor in August 2017. Outside of the ring, Freud usually earns $10 million a year from endorsements.
early life
Floyd Mayweather was born on February 24, 1977 in Grand Rapids, Michigan. His father, Floyd Mayweather Sr., was also a professional boxer, best known for his fight with Sugar Ray Leonard. Jr. Freud’s uncles Jeff and Roger are also former professional boxers. Sr. Freud and Roger have served as one of Freud’s coaches many times.
As a child, Freud’s mother was addicted to drugs, while his father was a little absent. His father was mainly with the young Freud when he was able to go to the boxing gym. When his father was sent to prison, Freud moved in with his grandmother. During this time, Freud devoted himself to boxing. He dropped out of high school and became an amateur.
Freud won the National Golden Glove Championship in 1993, 1994 and 1996. Also in 1996, he won the bronze medal at the Atlanta Olympics. His amateur record is 84-4.
Freud’s first professional game took place on October 11, 1996. He defeated his opponent Roberto Apodaca in the second round.
In his career, Freud will continue to win unprecedented six boxing championships in five different weight classes: Super Featherweight, Lightweight, Junior Welterweight, Two Welterweight and Super Welterweight. At the time of writing, his professional boxing record is a staggering 50 wins and 0 losses. Of the 50 victories, 27 were won through knockouts.
| Floyd Mayweather’s career income | ||
| Arturo Gatti | June 2005 | 3.2 million USD |
| Carlos Baldomir | November 2006 | 8 million USD |
| Oscar De La Hoya | May 2007 | USD 25 million |
| Ricky Hatton | February 2008 | 20 million USD |
| WWE Wrestling Fever | December 2008 | USD 25 million |
| Juan Manuel Marquez | September 2009 | USD 25 million |
| Sugar Sean Mosley | May 2010 | 30 million USD |
| Victor Ortiz | September 2011 | US$40 million |
| Miguel Cotto | May 2012 | US$40 million |
| Robert Guerrero | May 2013 | 50 million USD |
| Sol Alvarez | September 2013 | 75 million USD |
| Marcos Midana I | May 2014 | US$40 million |
| Marcos Midana II | September 2014 | $32 million |
| Manny Pacquiao | May 2015 | 250 million USD |
| Andre Beto | September 2015 | 35 million USD |
| Conor McGregor | August 2017 | 300 million USD |
| Nasugawa Tenshin | December 2018 | 9 million USD |
| Logan Paul | June 2021 | 35 million USD |
| All | US$1.022 billion |
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He also earned approximately $2 million in the first 15 games against Arturo Gatti in 2005. Freud made about $25 million in sales of goods outside the circle and a few relatively small endorsement deals.
Occupational income
At the time of writing, when you add up everything Floyd Mayweather’s career income is $1.1 billion.
John Gurzinski/AFP/Getty Images
Famous battle
On March 13, 2009, Mayweather will face Manny Pacquiao, the fiercest opponent of his career. This game may be the most anticipated battle in a decade. At that time, pay-per-use revenue was expected to exceed $180 million. Of the 180 million US dollars, Freud will receive an upfront payment of 25 million US dollars and a back-end guarantee of 20-25 million US dollars. Unfortunately, Mayweather and Pacquiao were unable to reach an agreement, and years of fighting ended in failure. Freud went on to defeat “Sugar” Sean Moseley on April 1, 2010, and defeated Victor Ortiz in 2011. On May 5, 2012, Mayweather defeated Miguel Cotto.
On May 4, 2013, Freud received an estimated $50 million (guaranteed $32 million) for beating Robert Guerrero. On September 14, 2013, Freud made $75 million in a game against Saul Alvarez (with a security deposit of $41.5 million). This set a record for the highest prize money in boxing history. When Floyd finally faced Manny Pacquiao on May 2, 2015, this record was easily broken.
The match between Mayweather and Pacquiao finally took place in Las Vegas on May 2, 2015. It is expected that this will be the highest revenue-generating game in boxing history. Freud and Manny agreed to distribute all profits on a 60-40 scale. Freud earned 250 million dollars from this battle. Pacquiao made $150 million.
On August 26, 2017, Floyd Mayweather (Floyd Mayweather) and Conor McGregor (Conor McGregor) played a boxing event with the highest grossing box office of all time. The event generated at least 5 million PPV purchases. All said and done, this battle generated approximately $700 million in total revenue from all sources, bringing Mayweather’s pre-tax salary to $300 million. As a resident of Nevada, he did not pay any state income tax on these incomes. He did pay approximately 40% of his income to the Internal Revenue Service. In fact, he paid 40% of his income, plus $22 million in outstanding taxes related to his 2015 income. After all, his after-tax income is 160 million U.S. dollars. When adding his previous net worth, Freud ended the fight with McGregor with a net worth of $560 million.
In June 2021, Floyd competed with YouTube anchor Logan Paul in an exhibition match. Freud was guaranteed a pay-per-use profit of 10 million USD + 50%. Approximately 1 million people purchased PPV, generating US$50 million in revenue. Therefore, Freud made a total of 35 million U.S. dollars.
(Photo by Tom Pennington/Getty Images)
Other appearance
In 2007, Freud participated in the dance with the stars competition. They won the ninth place. In 2008, Freud participated in WWE’s WrestleMania XXIV and earned $20 million.
real estate
Since 2018, Freud’s main residence is an 11-bedroom custom mansion in Las Vegas, covering 22,000 square feet. He bought the house for 10 million dollars. He also owns a 13,000 square foot mansion in Las Vegas, which was his main residence from 2010 to 2018. He bought the house for 9.5 million U.S. dollars.
In 2017, he spent US$25.5 million to purchase a mansion in Beverly Hills. At the end of the transaction, he also spent $500,000 on home decoration for the property. The house has a candy store, a 12-seat movie theater and a room with 300 bottles of wine.
He owns an apartment in New York City, the Mayweather Boxing Club in Vegas, and a strip club called Girl Collection in Vegas.
In August 2021, Freud spent US$18 million to purchase the following beachfront mansions on the Palm Island in Miami:
Car collection
Freud owns dozens of high-end cars. He once told an ESPN interviewer that he had $15 million worth of luxury cars in his garage that had never been driven. In the past two decades, Freud has purchased more than 100 cars from Towbin Motorcars in Las Vegas. According to reports, he used cash to pay for the car. Some of his most famous automotive assets include the Koenigsegg CCXR Trevita worth 5 million dollars, the Bugatti Chiron worth 3.5 million dollars, three Bugatti Veyrons worth 2 million dollars, a Bugatti Grand Sport Vitesse, and the Pagani Huayra worth 1.4 million dollars. And a limited edition LaFerrari Aperta million worth more than $1. This is just a sample of his incredible collection. Freud has more Ferraris, Lamborghini, Bentleys, Rolls Royce, Mercedes and so on.
According to reports, Freud owns 16 Rolls Royce.
Once upon a time, all the cars he owned and stored in one mansion were white, while all the cars he stored in another mansion were black.
private plane
Freud owns the $60 million Gulfstream G650, which he calls “Mayweather Aviation.” In 2018, he bought the plane for himself on his 41st birthday. According to reports, he flew to Iceland just to take a photo on Instagram. His name is printed on the side of the plane, and “50-o” (his boxing record) is printed on the wingtip.
Freud actually owned two private jets. The second is Gulfstream III, which is worth 30 million U.S. dollars. According to reports, Freud will fly with his closest partner on the G650 when traveling, while the “Mayweather II” will fly with his entourage.
In January 2015, Freud posted a photo of himself standing in front of the main jet and seven cars. In total, he stood in front of “toys” worth 60 million US dollars.
Jewelry collection
Freud was not ashamed to show off his jewelry collection. He owns more than 40 extremely high-end watches. He claimed that when he went on vacation, he would bring 30 watches and always wear jewelry worth at least US$3 million.
In 2015, Freud bought a watch made by the jeweler Jacob for a staggering $18 million. This watch is set with 239 emerald-cut baguette diamonds, each weighing 3 carats. This watch is aptly called the “billionaire.”
Commercial real estate investment
In 2014, Freud made a significant investment and became a partner of SL Green, a real estate development company. Marc Holliday, CEO of SL Green, announced Floyd’s investment in December 2014. As of this writing, Floyd owns a minority stake in nine skyscrapers in the United States. One of the skyscrapers is One Vanderbilt, which is the tallest commercial building in the United States.
financial problem?
Over the years, Freud has avoided allegations of financial problems. For example, in March 2017, the U.S. Internal Revenue Service requested Floyd to make up $22.2 million in taxes related to his 2015 income. If you want to be specific, the IRS claims that he owes $22,238,255. If this is not crazy enough, Freud claims that he does not have enough liquid cash to pay off debts. A few months later, Freud’s attorneys submitted documents to assure the IRS that their bills would pay interest and fines in full directly from his Connor McGregor combat income. The IRS requested immediate payment, and Freud’s legal team responded:
“Although the taxpayer has a large amount of assets, these assets are restricted and mainly illiquid. The taxpayer plans to have a major liquidity event within about 60 days, and he intends to pay the balance of his tax obligations due and outstanding in 2015.”
In February 2020, Floyd’s former friend and now mortal enemy 50 cents claimed on social media that Floyd was penniless and would soon need to return to the game to refill his treasury. These are unconfirmed claims, and Freud quickly refuted these claims on his social media. However, it must be pointed out that Freud’s lifestyle requires a lot of money to maintain. Between houses, cars, airplanes, entourage, etc… He may consume tens of millions of dollars every year, and at this time he no longer has a stable and substantial income. He has never worn shoes more than once, and left all his discards to fans, butlers and hotel staff. At all times, he travels with an entourage of 20 people. The entourage consists of friends, family, bodyguards, hairdresser (even though his head is shaved), and massage therapist, who happens to be a beautiful woman. Once a thief broke into his house and stole $7 million worth of jewelry…
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