What is Floyd Mayweather’s net worth?
|Net Worth:||$450 Million|
|Born:||February 24, 1977|
|Height:||1.73 m (5 ft 8 in)|
|Country of Origin:||United States of America|
|Source of Wealth:||Professional Boxer|
|Last Updated:||March 8, 2023|
As of May 2023, Floyd Mayweather’s net worth, is an estimated $450 Million, making him the richest boxer in the world. He is also one of the highest-paid athletes in the world, as Floyd Mayweather’s career earnings exceed 1 billion dollars, which is something only a few besides him have managed to achieve – including LeBron James, Jack Nicklaus, Tiger Woods, Michael Jordan, Michael Schumacher, and Arnold Palmer.
Interestingly enough, while most athletes earn their fortunes from both endorsements and their salaries, Mayweather mainly accumulated his wealth because of his salaries.
Floyd Mayweather Jr. is a former professional boxer from the United States of America who is considered to be one of the best boxers of all time.
However, the boxing legend also has a bit of a bad reputation for being cocky, arrogant, and a dirty fighter. Yet, nobody can take away from his incredibly successful and well-earned career in the boxing ring. He trained incredibly hard, and the behind-the-scenes videos of his workouts show exactly why he is a boxing champion.
Mayweather competed professionally between 1996 and 2017 and ended his career as a fighter with fifty wins and zero defeats.
Floyd Mayweather – Key Facts
- Floyd Mayweather was born on February 24, 1977, to Deborah Sinclair and Floyd Mayweather Sr.
- Floyd Mayweather made his boxing debut in 1996, and he gained his first World title on October 3rd, 1998.
- Some of the most noticeable opponents he faced in his boxing career include Oscar de la Hoya, Manny Pacquiao, Conor McGregor, Miguel Cotto, Marcos Maidana, and Zab Judah.
- Floyd Mayweather earned more than half a billion dollars from just two fights – with Conor Mcgregor and Manny Pacquiao.
- Floyd Mayweather earned a number of major World titles during his boxing career, including WBC super lightweight champion, WBC welterweight champion, IBF welterweight champion, The Ring lightweight champion, The Ring light middleweight champion, and more.
- During his career as a boxer, Floyd Mayweather gained an impressive boxing record of fifty wins and zero defeats.
- The former professional boxer’s career earnings total over 1 billion dollars.
- Floyd Mayweather technically retired in 2017 – however, it isn’t uncommon to see the former boxer in the boxing ring from time to time.
Floyd Joy Mayweather Jr was born in Grand Rapids, Michigan, on the 24th of February 1977. He was born as a Sinclair – however, his name was changed shortly after birth. His father, Floyd Mayweather, Sr, was also a fighter, a contender in the welterweight division. Not only was his father a professional boxer, but so were his uncles, Jeff and Roger.
You could say it was Floyd’s destiny to become a fighter. It was in his blood, his DNA. Ever since he was young, he had a passion for boxing. And even when he thought he should get a job, his family told him just to continue training.
Floyd had a tough upbringing. His mother was addicted to drugs, and his father was incarcerated for drug trafficking. Even before that, he was quite absent from his life, at least until the time Floyd was old enough to enter the boxing ring. It wasn’t uncommon for him to come home and find heroin needles outside his house. He also had an aunt that died of AIDS because of her drug addiction.
As he recalls, “When I was about 8 or 9, I lived in New Jersey with my mother, and we were seven deep in one bedroom, and sometimes we didn’t have electricity. When people see what I have now, they have no idea where I came from and how I didn’t have anything growing up.”
Floyd Mayweather Jr attended Ottawa Hills High School, but he never graduated – instead, he dropped out to pursue a boxing career to help his family get out of poverty.
It was actually his uncle, Roger Mayweather, who trained him and helped him on his way to fighting professionally.
Mayweather had a phenomenal career, and the number of achievements he managed to stack up reached a legendary high.
Before competing in the big leagues, he fought as an amateur. He won three national Golden Gloves championships – in 1993, 1994, and 1996. Because of the defensive techniques, he learned from his father and uncle, he didn’t have as many scars as some other team members, which is why he was nicknamed “Pretty Boy.”
In 1996, Floyd Mayweather Jr took part in the Olympics in Atlanta, where he won a bronze medal in the featherweight division. He defeated Bakhtiyar Tileganov from Kazakhstan, Artur Gevorgyan from Armenia, and Lorenzo Aragon from Cuba. However, he lost against Serafim Todorov from Bulgaria.
The loss sparked some controversies, especially since Hamad Hafaz Shouman – the referee who supervised the match – took Floyd Mayweather’s hand, thinking he was the winner before the final decision was announced. The American team that Mayweather represented filed a protest, claiming that the judges that proclaimed Todorov the winner were intimidated by Emil Jetchev – the Bulgarian head of boxing officials. However, nothing came out of it.
Floyd’s amateur record was 86-8. This record ended in 1996 when he stepped up to fight professionally, entering the super featherweight division in October.
His first fight as a professional boxer took place on October 11, 1996, against another novice – Roberto Apodaca. He knocked him out in the second round, thus winning. In 1998, so two years after his professional debut, Floyd Mayweather Jr won his first World title after defeating Genaro Hernandez.
He also fought in the lightweight, light welterweight, welterweight, and light middleweight divisions.
Mayweather has been one of the most popular “Pay Per View” attractions in the sporting world and has been featured in the Forbes highest-paid athletes list every single year since 2012.
Throughout his career, Floyd Mayweather Jr gained a boxing record of 50 to 0, with 27 of the 50 wins by knockouts.
In 2007, he founded Mayweather Promotions, a company that promotes boxing fights. It made sense as the next step for his career, and 10 years later, he has an incredibly successful company that’s allowed him to continue making a living after hanging up the gloves.
In 2017, Floyd Mayweather technically retired, although he’s been returning to the ring from time to time – for example, in his fight with Logan Paul in 2021 or with his former sparring partner Don Moore.
In 2021, he was added to the International Boxing Hall of Fame, joining some of his former opponents, such as Arturo Gatti or Miguel Cotto.
As mentioned, Mayweather’s father’s name was Floyd Mayweather Sr, while his mother was Deborah Sinclair. Floyd Jr has four siblings – Justin Mayweather Jones, Fannie Orr, Deltricia Tawanna Howard, and Fatimah Mayweather.
The legendary boxer has been in a number of public relationships, and he also was engaged, however, he never tied the knot. Although he never got married, Floyd Mayweather has five children – Iyanna Mayweather, Zion Shamaree Mayweather, Jirah Mayweather, Devion Cromwell, and Koraun Mayweather.
Living in the limelight means that every once in a while, there will be some allegations made about you, and Mayweather isn’t an exception. Over the years, he’s been questioned about potential financial problems several times, but there are two instances that need to be mentioned.
The first one was in March of 2017 when the IRS revealed that he owed more than $22 million in unpaid taxes. Floyd himself responded to them, saying that he didn’t have enough liquid cash to cover the said debt. A few months later, his attorney filled out the necessary paperwork stating that all the money Floyd owned would be paid back shortly from the earnings that he was set to receive from his probably most anticipated fight against Conor McGregor. However, the IRS requested the debt to be paid off immediately.
The second situation involved Floyd Mayweather’s old friend – 50 Cent – who took to social media to reveal that Mayweather was actually broke, and it wouldn’t be long before he came back to the boxing ring to earn some more money. The former professional boxer quickly put an end to those allegations.
Floyd Mayweather was charged several times over the past two decades. In 2002 he was charged with domestic violence and a misdemeanor battery. Just two years later, he was convicted again, this time of two misdemeanor batteries. The following year he was accused of another misdemeanor for kicking a bouncer, to which he pleaded no contest. After that, he had a long break from charges.
In 2011, he was charged with battery and ordered to serve 90 days in county jail, complete 100 hours of community service, as well as attend a 1-year-long domestic violence program. While in jail, he tried to get released earlier for medical reasons (he claimed that the prison diet was too low in calories for him and his muscles started to waste away), however, the judge didn’t rule in his favor.
How Does Floyd Mayweather Spend His Money?
Since Floyd Mayweather has accumulated quite a bit of money during his years as a boxer, it shouldn’t come as a surprise that he likes to spend it.
The former boxer has several properties all over the United States. His main residence is the 11-bedroom home he bought for $10 million in Las Vegas (although it isn’t his only property in the city). His other properties are located in New York and Beverly Hills. The Beverly Hills mansion cost him about $25 million and includes spaces such as a candy shop and a movie theatre.
Aside from real estate, Floyd Mayweather also owns the Mayweather Boxing Club and a Gentlemen’s club in Vegas called Girl Collection.
But that’s not all – Floyd has all kinds of luxury cars sitting in his garage, which are estimated to be worth at least a few million dollars, as well as a number of high-end watches and pieces of jewellery.
In terms of private jets, Floyd owns two – a $60 million Gulfstream G650, which he named “Air Mayweather” that has his name and his boxing record on the wing tips, and a $30 million Gulfstream III. Whenever he’s with friends, Floyd reportedly flies the “Air Mayweather” while his entourage flies in the other private jet.
Finally, Mayweather enjoys spending his money on sports betting – he even published some of the biggest winnings on his social media. For instance, he made over $200,000 from betting on Seattle Seahawks in their match against Washington Redskins. He also bet on himself several times.
Here are some of the biggest highlights of Mayweather’s career:
- WBC World Super-Featherweight title – October 3, 1998 (VS Genaro Hernandez)
- WBC World Super-Featherweight title – January 20, 2001 (VS Diego Corrales)
- WBC World Lightweight title – April 20, 2002 (VS Jose Luis Castillo)
- WBC World Light-Welterweight title – June 25, 2005 (VS Arturo Gatti)
- IBF & IBO World Welterweight titles – April 8, 2006 (VS Zab Judah)
- WBC World Light-Middleweight title – May 5, 2007 (VS Oscar De La Hoya)
- WBC World Welterweight title – December 8, 2007 (VS Ricky Hatton)
- WBC World Welterweight title – September 17, 2011 (VS Victor Ortiz)
- WBC & WBA World Light-Middleweight titles – September 14, 2013 (VS Saul ‘Canelo’ Alvarez)
- WBC, WBA, WBO World Welterweight titles – May 2, 2015 (VS Manny Pacquiao)
Floyd Mayweather – Highest Paid Fights
- Floyd Mayweather vs. Oscar de la Hoya (2007) – $25 million
- Floyd Mayweather vs. Shane Mosley (2010) – $30 million
- Floyd Mayweather vs. Miguel Cotto (2012) – $40 million
- Floyd Mayweather vs. Robert Guerrero (2013) – $50 million
- Floyd Mayweather vs. Canelo Alvarez (2015) – $42 million
- Floyd Mayweather vs. Manny Pacquiao (2015) – $250 million
- Floyd Mayweather vs. Conor McGregor (2017) – $300 million
- Floyd Mayweather vs. Logan Paul (2021) – $35 million
Favorite Floyd Mayweather Quotes
“You hear certain things, negative things, all the time that aren’t true, but you never hear about the positive.” – Floyd Mayweather
“I’ve set the model of showing fighters how they should conduct their business.” – Floyd Mayweather
“I haven’t took no punishment. There’s nothing cool about taking punishment.” – Floyd Mayweather
“My kids are the future of the Mayweather family and of the Mayweather brand. I feel our family is stronger if we stay together.” – Floyd Mayweather
“I feel like everybody is against Floyd Mayweather. I don’t get any respect.” – Floyd Mayweather
“I’ll back up anything my dad says.” – Floyd Mayweather
“Once I am in the square circle, I am in my home.” – Floyd Mayweather
View our larger collection of the best Floyd Mayweather quotes!
3 Keys to Success from Floyd Mayweather
Now you know all about Floyd Mayweather’s net worth, and how he achieved success, here are 3 major lessons we can learn from Floyd Mayweather:
1. Have an Unwavering Self-Belief
To achieve your dreams, you need to have an unwavering belief in yourself, and what you want to accomplish. Without this, you’ll simply be unable to go the distance, and overcome the obstacles in your way.
2. Dedicate yourself to Mastery
There’s always room for improvement; if you dedicated yourself to mastery you’ll constantly be improving, and never settling for the level you are at. Mayweather knew this, and you can see from both his training and his record, that he was dedicated to mastery.
3. Always Stay Hungry
Much like continuous improvement, staying hungry for success is another important lesson we can learn from Floyd. Towards the end of his career, he was still training as hard as before. He still took on new fights and challengers.
Even though he could have retired at any point, he kept competing until his late 30’s.
View more success lessons from Floyd Mayweather!
Floyd Mayweather – Net Worth Over the Years
- 2022: $450 million
- 2021: $410 million
- 2020: $360 million
- 2019: $320 million
- 2018: $285 million
- 2017: $255 million
Frequently Asked Questions
How much is Floyd Mayweather worth?
Floyd Mayweather’s net worth is estimated to be $450 Million.
How old is Floyd Mayweather?
Floyd Mayweather was born on February 24, 1977, and is currently 46 years old.
How tall is Floyd Mayweather?
Floyd Mayweather’s height is 1.73 m, which is equal to 5 ft 8 in.
How did Floyd Mayweather earn his money?
Most of Floyd Mayweather’s net worth was accumulated due to his salary per fight. The number is even more impressive when you consider that his endorsement deals aren’t that high compared to some other athletes – on average, his yearly income from endorsements was about $10 million.
Is Floyd Mayweather retired?
Although Floyd Mayweather is technically retired (he retired in 2017), it is not unusual to see him in exhibition bouts. In 2o21, he took part in an exhibition match against Logan Paul, while in 2022, he took part in a match against his old sparring partner Don Moore.
Is Floyd Mayweather married?
No, the former professional boxer has not tied the knot as of yet.
Floyd Mayweather is one of the great boxers of all time, pound for pound, and has amounted to a net worth of $450 Million. He continues to build his worth as a boxing promoter, and we certainly haven’t heard the last of him.