Floyd Mayweather Net Worth (Money & Salary)

Floyd Mayweather Net Worth (Money & Salary)

Title: Floyd Mayweather Net Worth (Money & Salary)
Last Updated: December 1, 2024


What is Floyd Mayweather’s net worth?

Floyd Mayweather, an internationally recognized American boxing champion and promoter, has a net worth of $400 million, making him the wealthiest boxer in history. As of now, Floyd’s cumulative career earnings exceed $1.1 billion.

Ranking as the fifth highest-paid athlete of all time, Floyd belongs to a select group of six athletes whose career earnings have surpassed the $1 billion mark. This exclusive list includes 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). Notably, what stands out about Floyd’s earnings is how he achieved this remarkable status with relatively few endorsement deals, contrasting with most top-paid athletes who derive a significant portion of their income from endorsements. Floyd made over half a billion dollars from just two fights: $250 million from his 2015 match against Manny Pacquiao and $300 million for his 2017 bout with Conor McGregor.

In a notable 2013 incident prior to his fight against Saul Alvarez, Floyd showcased his checking account balance to an ESPN reporter, revealing an impressive $123 million.

During the pinnacle of his boxing career, Floyd consistently held the title of the world’s highest-paid athlete. Despite a limited number of endorsement contracts, he could effortlessly rake in $150 – $300 million per year while actively fighting. From June 2014 to June 2015, Floyd shocked observers by earning a staggering $300 million, and he repeated this feat between June 2017 and June 2018, largely due to his match with Conor McGregor in August 2017. Typically, outside of the boxing ring, Floyd earns around $10 million annually through endorsements and investments.

Key Facts
  • $250 million earned from the fight against Manny Pacquiao in 2015
  • $300 million made from the match with Conor McGregor in 2018
  • Career earnings to date exceed $1.1 billion
  • One of only five athletes to surpass $1 billion in earnings
  • Consistently recognized as the highest-paid entertainer at the peak of his career
  • Paid $18 million for a single timepiece
  • Owner of a $60 million Gulfstream G650 private jet
  • Possesses a $25 million mansion in Beverly Hills
  • Owns a $10 million residence in Las Vegas
  • Earned $35 million from his fight against Logan Paul
Floyd Mayweather

Getty

Early Life and Amateur Career

Floyd Mayweather’s birthdate is February 24, 1977, and he hails from Grand Rapids, Michigan. His father, Floyd Mayweather Sr., was a professional boxer renowned for his match against Sugar Ray Leonard. Floyd Jr.’s uncles, Jeff and Roger, also pursued careers in professional boxing, and have acted as trainers for Floyd at various points in time.

In his childhood, Floyd experienced his mother’s battle with drug addiction while his father was often absent. It was only when he was old enough to attend the boxing gym that his father spent significant time with him. After his father was imprisoned, Floyd went to live with his grandmother. During this period, he committed himself to boxing and made the decision to drop out of high school.

Floyd transitioned to amateur boxing after school.

In 1993, 1994, and 1996, Floyd secured national Golden Gloves championships. He also claimed a bronze medal at the Atlanta Olympics in 1996. His amateur record stood at 84 – 4.

Professional Career

The first professional fight for Floyd took place on October 11, 1996, where he knocked out his opponent Roberto Apodaca in the second round.

Throughout his career, Floyd achieved a remarkable six boxing championships across five weight classes: Super Featherweight, Lightweight, Junior Welterweight, Welterweight twice, and Super Welterweight. His professional boxing record, as of now, boasts an impressive 50 wins and no losses, with 27 of those victories coming by way of knockout.

Career Earnings

As it stands now, Floyd Mayweather’s total career earnings amount to $1.1 billion. Below is a detailed breakdown of every payday Floyd received throughout 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

Floyd also accumulated approximately $2 million from his initial 15 fights leading up to the 2005 match against Arturo Gatti. Additionally, he has earned around $25 million outside the ring through merchandise sales and a selection of relatively minor endorsement deals.

JOHN GURZINSKI/AFP/Getty ImagesJOHN GURZINSKI/AFP/Getty Images

JOHN GURZINSKI/AFP/Getty Images

Notable Fights

On March 13, 2009, Mayweather was set to go against his toughest opponent yet, Manny Pacquiao. The match was

arguably the most awaited fight in a decade. At that time, it was anticipated that pay-per-view revenues would surpass $180 million. From that total, Floyd was expected to receive a guaranteed $25 million upfront, along with an additional $20-25 million on the backend. However, negotiations between Mayweather and Pacquiao fell through, causing the fight to remain unsettled for several years. In the meantime, Floyd triumphed over “Sugar” Shane Mosley on April 1, 2010, and Victor Ortiz in 2011. On May 5, 2012, Mayweather secured a victory against Miguel Cotto.

When Floyd fought Robert Guerrero on May 4, 2013, he earned an estimated $50 million ($32 million guaranteed). Then, on September 14, 2013, Floyd achieved $75 million ($41.5 million guaranteed) in his bout against Saul Alvarez, setting a record for the highest purse in boxing history.

Finally, Mayweather vs. Pacquiao occurred on May 2, 2015, in Las Vegas, expected to be the highest revenue-generating fight in boxing history. Floyd and Manny reached an agreement to split all profits 60-40. Floyd’s earnings from the fight amounted to $250 million, while Pacquiao made $150 million.

On August 26, 2017, Floyd Mayweather faced off against Conor McGregor in what became the highest-grossing Pay Per View boxing event in history, with approximately 5 million PPV purchases. Ultimately, the fight yielded around $700 million in total revenue across various sources, resulting in Mayweather receiving a pre-tax paycheck of $300 million. As a resident of Nevada, he avoided state income taxes on his earnings but paid about 40% to the IRS. That included an additional $22 million in back taxes from his 2015 income. After all deductions, his take-home amount was $160 million. This brought his net worth to $560 million by the conclusion of the McGregor fight.

In June 2021, Floyd participated in an exhibition match against YouTuber Logan Paul. He was guaranteed $10 million plus 50% of the Pay Per View profits. With around 1 million purchases of the PPV generating $50 million in total revenue, Floyd’s total earnings from this event reached $35 million.

In November 2022, Floyd earned $25 million by facing social media personality Deji Olatunji in another exhibition match held in Dubai.

1727439094 841 Floyd Mayweather1727439094 841 Floyd Mayweather

(Photo by Tom Pennington/Getty Images)

Other Appearances

In 2007, Floyd participated as a contestant on Dancing with the Stars, where he finished in ninth place. The following year, he made $20 million for his appearance at WWE’s WrestleMania XXIV.

Real Estate

Since 2018, Floyd’s primary residence has been an 11-bedroom custom-built mansion in Las Vegas, covering 22,000 square feet, which he acquired for $10 million. He also owns a 13,000-square-foot mansion in Vegas that served as his primary residence from 2010 to 2018, purchased for $9.5 million.

In 2017, Floyd invested $25.5 million in a Beverly Hills mansion, alongside an expense of $500,000 for home furnishings at the time of purchase. This property features a candy shop, a 12-seat movie theater, and a wine room with capacity for 300 bottles. In September 2024, he listed this Beverly Hills mansion for sale at $48 million.

Additionally, he owns an apartment

In New York City, alongside the Mayweather Boxing Club in Vegas and a strip club named Girl Collection in Vegas, Floyd made significant investments. In August 2021, he purchased a waterfront mansion on Miami’s Palm Island for $18 million.

Car Collection

Floyd’s garage is filled with numerous high-end vehicles, with a reported value of $15 million in luxury cars that have never seen the road, as he once shared during an interview with ESPN. Over the past two decades, he has acquired more than 100 vehicles from Towbin Motorcars in Las Vegas, often paying for them in cash. His impressive car collection includes a $5 million Koenigsegg CCXR Trevita, a $3.5 million Bugatti Chiron, three Bugatti Veyrons valued at $2 million each, a Bugatti Grand Sport Vitesse, a $1.4 million Pagani Huayra, and a limited edition LaFerrari Aperta valued at over $1 million. This collection is just a glimpse of his extensive automotive assets, which also feature numerous Ferraris, Lamborghinis, Bentleys, Rolls Royces, and Mercedes among others.

Reportedly, Floyd owns 16 Rolls Royces.

At one point, all the cars in one of his mansions were white, while the vehicles at his other mansion were black.

Private Jets

Floyd owns a $60 million Gulfstream G650, which he refers to as “Air Mayweather,” and purchased for his 41st birthday in 2018. He was noted to have flown to Iceland just to capture a photo for Instagram on a dare. His plane boasts his name prominently displayed on the side and features “50 – o” (his boxing record) on the wing tips.

In fact, Floyd possesses two private jets. The second jet is a $30 million Gulfstream III. During his travels, he typically flies in the G650 accompanied by his close associates, while “Air Mayweather II” follows with his entourage.

In January 2015, Floyd shared a photo showcasing himself in front of his main jet alongside seven cars, with a total value of $60 million worth of “toys.”

Jewelry Collection

Floyd is not shy about displaying his impressive jewelry collection, which includes over 40 exceptionally high-end watches. He asserts that during vacations, he carries as many as 30 watches and is typically adorned with at least $3 million in jewelry.

In 2015, he made headlines by spending an astonishing $18 million on a single timepiece crafted by Jacob the Jeweler. This exclusive watch showcases 239 emerald-cut baguette diamonds, each weighing up to three carats. The watch is aptly named “The Billionaire.”

Commercial Real Estate Investments

Floyd made a notable investment in 2014, becoming a partner in the real estate development firm SL Green. Marc Holliday, the CEO of SL Green, announced Floyd’s investment in December 2014. Currently, Floyd holds a minority stake in nine skyscrapers across the United States, including One Vanderbilt, the tallest commercial structure within the country.

Financial Problems?

Throughout the years, Floyd has faced various allegations regarding financial troubles. For instance, in March 2017, the IRS issued a demand for $22.2 million in back taxes linked to his 2015 income. Specifically, the IRS claimed he owed $22,238,255. In a surprising twist, Floyd stated he lacked the liquid cash to settle the debt. A few months afterward, his lawyer submitted documentation assuring the IRS that the outstanding bill, along with interest and penalties, would be fully paid with earnings from his Conor McGregor fight. The IRS insisted on immediate payment, leading to Floyd’s legal team to respond:

“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.”

In February 2020, 50 Cent, a former acquaintance of Floyd, publicly commented on his financial situation.A former friend turned bitter rival took to social media to assert that Floyd was financially struggling and would need to return to the boxing ring shortly to replenish his finances. These claims lack evidence, which prompted Floyd to swiftly deny them on his social media. Nonetheless, it should be noted that maintaining Floyd’s extravagant lifestyle requires an immense amount of money. With expenses for properties, luxury vehicles, private jets, an entourage, and more, he likely spends tens of millions annually, especially given the absence of steady and significant earnings. He never wears a pair of shoes more than once, often leaving them behind for fans, housekeepers, and hotel staff. Floyd travels at all times with a 20-person entourage, consisting of friends, family, bodyguards, a barber (despite his shaved head), and a massage therapist who just so happens to be stunningly attractive. There was also an incident where thieves once broke into his home and stole $7 million worth of jewelry…

Moreover, we haven’t yet discussed Floyd’s gambling tendencies. The exact amount of money Floyd has gained or lost from sports betting remains unclear. He often flaunts substantial wagers placed on sporting events throughout the year.

Other Controversies

In 2002, Floyd faced charges for two counts of domestic violence along with a count of misdemeanor battery. He was sentenced to six months suspended and required to perform community service for this infraction. By 2004, he received a one-year suspended sentence after being found guilty of two counts of misdemeanor battery. In 2005, he plead no contest to a misdemeanor battery charge following an incident where he kicked a bouncer, leading to a 90-day suspended sentence. In 2011, Floyd was ordered to serve 90 days in county jail for battery charges, in addition to 100 hours of community service and a 12-month domestic violence program. Ultimately, he served 63 days in jail. During his incarceration, Floyd requested to be released for medical circumstances, claiming that the 800-calorie daily menu was detrimental to his muscle health. He argued that his body required 3000-4000 calories daily, though the judge denied his request. Upon his release, he was met by 50 Cent in a private jet, carrying a suitcase containing $1 million in cash.

Summary

Floyd Mayweather’s net worth stands at $450 million. At the time of this writing, he has accumulated over $1.1 billion throughout his career. Notably, he earned $250 million in May 2015 from his fight against Manny Pacquiao and an impressive $300 million in August 2017 for his match with Conor McGregor.


Floyd Mayweather Net Worth (Money & Salary)

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Data is based on 2023 and 2024, with forecasts extending into 2025 and 2026. We have also expanded forecast data to include 2027 and 2028.

 



* This information was taken from various sources around the world, including these countries:

Australia, Canada, USA, UK, UAE, India, Pakistan, Philippines, Indonesia, Nigeria, Tanzania, Kenya, US, United Kingdom, United States of America, Malaysia, U.S., South Africa, New Zealand, Turkey, United Arab Emirates.

Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antarctica, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan.

Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Bouvet Island, Brazil, British Indian Ocean Territory, Brunei Darussalam, Bulgaria, Burkina Faso, Burundi.

Cambodia, Cameroon, Canada, Cape Verde, Cayman Islands, Central African Republic, Chad, Chile, China, Christmas Island, Cocos (Keeling Islands), Colombia, Comoros, Congo, Cook Islands, Costa Rica, Cote D’Ivoire (Ivory Coast), Croatia (Hrvatska), Cuba, Cyprus, Czech Republic.

Denmark, Djibouti, Dominica, Dominican Republic, East Timor, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Estonia, Ethiopia, Falkland Islands (Malvinas), Faroe Islands, Fiji, Finland, France, Metropolitan, French Guiana, French Polynesia, French Southern Territories.

Gabon, Gambia, Georgia, Germany, Ghana, Gibraltar, Greece, Greenland, Grenada, Guadeloupe, Guam, Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Heard and McDonald Islands, Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Iran, Iraq, Ireland, Israel, Italy.

Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kiribati, North Korea, South Korea, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Liberia, Libya, Liechtenstein, Lithuania, Luxembourg.

Macau, Macedonia, Madagascar, Malawi, Malaysia, Maldives, Mali, Malta, Marshall Islands, Martinique, Mauritania, Mauritius, Mayotte, Mexico, Micronesia, Moldova, Monaco, Mongolia, Montserrat, Morocco, Mozambique, Myanmar.

Namibia, Nauru, Nepal, Netherlands, Netherlands Antilles, New Caledonia, New Zealand (NZ), Nicaragua, Niger, Nigeria, Niue, Norfolk Island, Northern Mariana Islands, Norway.

Oman, Pakistan, Palau, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Pitcairn, Poland, Portugal, Puerto Rico, Qatar, Reunion, Romania, Russia, Rwanda, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and The Grenadines, Samoa, San Marino, Sao Tome and Principe.

Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, Somalia, South Africa, South Georgia and South Sandwich Islands, Spain, Sri Lanka, St. Helena, St. Pierre and Miquelon, Sudan, Suriname, Svalbard and Jan Mayen Islands, Swaziland, Sweden, Switzerland, Syria.

Taiwan, Tajikistan, Tanzania, Thailand, Togo, Tokelau, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Uganda, Ukraine, United Arab Emirates (UAE), UK (United Kingdom), USA (United States of America, U.S.), US Minor Outlying Islands.

Uruguay, Uzbekistan, Vanuatu, Vatican City State (Holy See), Venezuela, Vietnam, Virgin Islands (British), Virgin Islands (US), Wallis and Futuna Islands, Western Sahara, Yemen, Yugoslavia, Zaire, Zambia, Zimbabwe.


Post Title: Floyd Mayweather Net Worth (Money & Salary)
Last Updated: December 1, 2024

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