Floyd Mayweather Net Worth (Money & Salary)

Floyd Mayweather’s Net Worth – What Is It?

As a world-famous American boxing champion and promoter, Floyd Mayweather boasts a net worth of $400 million, making him the wealthiest boxer ever. His total career earnings, currently exceeding $1.1 billion, underscore his financial success.

Ranked as the 5th highest-paid athlete in history, Floyd is among a rare group of six athletes to have earned over $1 billion throughout their careers. The other five include 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). What stands out about Floyd’s financial accomplishments is his ability to reach the fifth position on the list, despite minimal earnings from endorsements when compared to others in the same league. Notably, he pocketed over half a billion dollars from just two fights, with $250 million from his 2015 bout against Manny Pacquiao and $300 million from fighting Conor McGregor in 2017.

Floyd famously showcased his checking account balance to an ESPN reporter in 2013, just before his match against Saul Alvarez, revealing an impressive $123 million.

During his peak in boxing, Floyd consistently held the title of the world’s highest-paid athlete. Even with limited endorsement deals, he could rake in $150 – $300 million annually while actively fighting. The period from June 2014 to June 2015 saw Floyd amass an astounding $300 million, matching that same amount between June 2017 and June 2018, primarily due to his August 2017 fight against Conor McGregor. Outside the boxing ring, Floyd typically generates $10 million each year from endorsements and various investments.

Floyd Mayweather: Early Life and Amateur Journey

Born on February 24, 1977, in Grand Rapids, Michigan, Floyd Mayweather hails from a boxing family. His father, Floyd Mayweather Sr., was a professional boxer known for his fight against Sugar Ray Leonard. Additionally, his uncles, Jeff and Roger, both have professional boxing backgrounds. At various times, Floyd Sr. and Roger have also been involved as his trainers.

During his childhood, Floyd faced challenges, including his mother’s drug addiction and his father’s absence. It wasn’t until Floyd was old enough to attend the boxing gym that his father became more involved. After his father was incarcerated, Floyd moved in with his grandmother and dedicated himself to boxing. He ultimately dropped out of high school to pursue his boxing career.

the end of his amateur career, Floyd transitioned to professional boxing.

Floyd clinched national Golden Gloves championships in 1993, 1994, and 1996. Additionally, he earned a bronze medal during the 1996 Atlanta Olympics. His amateur record stood impressive at 84 wins and 4 losses.

Professional Career

October 11, 1996, marked the date of Floyd’s professional debut, where he achieved a knockout victory against Roberto Apodaca in the second round.

Throughout his career, Floyd accomplished the remarkable feat of winning six boxing championships across five weight divisions: Super Featherweight, Lightweight, Junior Welterweight, Welterweight (twice), and Super Welterweight. As of the current date, his professional record is an impeccable 50 victories with no defeats, 27 of which came by way of knockout.

Career Earnings

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

In addition to this, Floyd accrued approximately $2 million from the first 15 fights that occurred before the 2005 match against Arturo Gatti. Moreover, he has generated around $25 million outside of the boxing ring through merchandise sales and a few relatively modest endorsement agreements.

Notable Fights

On March 13, 2009, Mayweather was slated to face his toughest foe, Manny Pacquiao. The matchup was set for

the most awaited fight of the decade. At that time, projections for pay-per-view earnings suggested an impressive $180 million. From this amount, Floyd was set to receive a guaranteed $25 million upfront and an additional $20-25 million afterwards. Unfortunately, an agreement between Mayweather and Pacquiao could not be established, causing the fight to remain dormant for several years. Floyd went on to score victories against “Sugar” Shane Mosley on April 1st, 2010, followed by a win against Victor Ortiz in 2011. On May 5th, 2012, Mayweather triumphed over Miguel Cotto.

Floyd claimed an estimated $50 million ($32 million guaranteed) on May 4th, 2013, after defeating Robert Guerrero. Then, on September 14, 2013, he earned $75 million ($41.5 million guaranteed) from his fight against Saul Alvarez, which set a new record for the largest purse in boxing history.

The long-awaited Mayweather vs. Pacquiao fight finally occurred on May 2nd, 2015, in Las Vegas, anticipated to be the fight that generated the most revenue in boxing history. The two boxers agreed on a profit split of 60-40, resulting in Floyd earning $250 million while Pacquiao took home $150 million.

On August 26, 2017, Floyd Mayweather faced Conor McGregor in the highest-grossing Pay-Per-View boxing event ever recorded. The event was recorded with at least 5 million PPV purchases. Ultimately, the fight brought in around $700 million across all revenue sources, leaving Mayweather with $300 million before taxes. Living in Nevada, he benefited from the absence of state income taxes on that income. Nevertheless, he paid approximately 40% of his earnings to the IRS, including $22 million in back taxes associated with his income from 2015. In the end, his after-tax earnings amounted to $160 million, and when added to his previously accumulated wealth, Floyd’s net worth reached $560 million following the McGregor fight.

In June 2021, Floyd participated in an exhibition match against YouTuber Logan Paul, securing a guarantee of $10 million plus 50% of the Pay-Per-View profits. About 1 million individuals bought the PPV, generating a total of $50 million in revenue, leading Floyd to earn a cumulative $35 million.

In November 2022, Floyd earned $25 million for facing social media personality Deji Olatunji in another exhibition match, which took place in Dubai.

Other Appearances

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

Real Estate

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

In 2017, he spent $25.5 million on a mansion in Beverly Hills, along with an additional $500,000 on home decor for this property at the time of closing. This mansion features a candy shop, a 12-seat movie theater, and a wine room that holds 300 bottles. Floyd listed this Beverly Hills property for sale in September 2024, with an asking price of $48 million.

He possesses an apartment…

In New York City, at the Mayweather Boxing Club in Las Vegas, and at a Las Vegas strip club known as Girl Collection, Floyd Mayweather has made quite an impression. In August 2021, he acquired a waterfront mansion on Miami’s Palm Island for $18 million.

Car Collection

Owning dozens of high-end automobiles, Floyd has claimed to possess $15 million worth of luxury cars that remain untouched in his garage. Over the past twenty years, he has purchased over 100 vehicles from Towbin Motorcars in Las Vegas, often paying in cash. Among his impressive acquisitions are 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 worth over $1 million. This list only scratches the surface of his astonishing collection, which includes many other Ferraris, Lamborghinis, Bentleys, Rolls Royces, and Mercedes.

Reportedly, Floyd possesses 16 Rolls Royces.

Once, all the cars he had at one mansion were white, while his other mansion housed only black cars.

Private Jets

Floyd’s private aviation fleet includes a $60 million Gulfstream G650, affectionately named “Air Mayweather.” He purchased this jet as a birthday gift for himself in 2018, celebrating his 41st year. On a whim, he even flew to Iceland to snap an Instagram photo. His name is painted on the side of the aircraft, with “50 – o” (his boxing record) emblazoned on the wings.

In fact, Floyd owns two private jets; the second one is a $30 million Gulfstream III. While traveling, Floyd typically flies in the G650 alongside his closest associates, with “Air Mayweather II” carrying his entourage.

In January 2015, he posted a photo featuring himself in front of his main jet alongside seven cars, showcasing a staggering $60 million worth of “toys.”

Jewelry Collection

Floyd proudly displays his impressive jewelry collection, which includes over 40 exceptionally high-end watches. He claims that on vacation, he brings 30 watches and continuously wears at least $3 million worth of jewelry.

In 2015, he paid a jaw-dropping $18 million for a single watch crafted by Jacob the Jeweler, featuring 239 emerald-cut baguette diamonds of up to three carats each. This exquisite piece of art is aptly named “The Billionaire.”

Commercial Real Estate Investments

In a significant move in 2014, Floyd invested to become a partner in the real estate development firm SL Green. Marc Holliday, the CEO of SL Green, made an announcement regarding Floyd’s investment in December 2014. At present, Floyd holds a minority stake in nine skyscrapers across the United States, one of which is One Vanderbilt, the tallest commercial building in the country.

Financial Problems?

Throughout the years, Floyd has consistently dismissed claims regarding financial troubles. For instance, in March 2017, the IRS confronted him with a demand for $22.2 million in back taxes related to his income in 2015. Specifically, the IRS alleged he owed $22,238,255. To add to the drama, Floyd stated he lacked sufficient liquid cash to settle the debt. Months later, his attorney reassured the IRS that the bill would be fully paid with interest and penalties derived from his earnings from the Conor McGregor fight. The IRS had insisted on immediate payment, to which Floyd’s legal representatives 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.”

In February 2020, 50 Cent, a former associate of Floyd, …

A friend turned bitter enemy took to social media, asserting that Floyd was financially unstable and would soon have to return to the ring to replenish his wealth. These claims lacked evidence, and Floyd swiftly countered them on his own social media platforms. Nonetheless, it is noteworthy that maintaining Floyd’s extravagant lifestyle comes with staggering expenses. With multiple houses, cars, jets, an entourage, and more, he likely spends tens of millions annually, particularly during a period where he does not have a steady source of substantial income. He never wears shoes more than once, leaving his discarded items for fans, housekeepers, and hotel personnel. At all times, he travels with a 20-person entourage that includes friends, family, bodyguards, a barber (despite his shaved head), and a massage therapist who happens to be an attractive woman. Thieves once broke into his home and stole $7 million worth of jewelry.

Moreover, we haven’t even touched upon Floyd’s gambling tendencies. It is nearly impossible to ascertain how much money he has won or lost through sports betting. Throughout the year, he often flaunts significant wagers placed on various sporting events.

Other Controversies

In 2002, Floyd faced charges for two counts of domestic violence and one count of misdemeanor battery, resulting in a six-month suspended sentence and community service. A conviction for two counts of misdemeanor battery in 2004 earned him a one-year suspended sentence. In 2005, he pleaded no contest to a misdemeanor battery charge after kicking a bouncer, leading to a 90-day suspended sentence. Floyd received a 90-day county jail sentence in 2011 over battery charges, also being ordered to complete 100 hours of community service and attend a 12-month domestic violence program, during which he served 63 days. While incarcerated, he petitioned for release on medical grounds, claiming the daily 800-calorie prison diet was detrimental to his muscles, as he required 3,000-4,000 calories daily. The judge denied his request. Upon release, 50 Cent picked him up in a private jet, accompanied by a suitcase containing $1 million in cash.

Summary

Floyd Mayweather boasts a net worth of $450 million. As of this update, he has accrued more than $1.1 billion throughout his career. Notably, he earned $250 million in May 2015 from his fight with Manny Pacquiao and $300 million in August 2017 from his bout against Conor McGregor.