Floyd Mayweather Net Worth (Money & Salary)

What is Floyd Mayweather’s net worth?

Floyd Mayweather, a boxing champion and promoter of international acclaim, boasts a net worth of $400 million, making him the wealthiest boxer ever. His career earnings have surpassed $1.1 billion as of this moment.

Ranking as the 5th highest-paid athlete in history, Floyd joins an elite group of six athletes whose career earnings have exceeded $1 billion. The athletes alongside him 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). Notably, Floyd achieved this remarkable income level with comparatively minimal earnings from endorsements, unlike most of the highest-paid athletes who rely heavily on such deals. He made over half a billion dollars from merely two fights: $250 million in 2015 after his match with Manny Pacquiao, and $300 million from his 2017 fight with Conor McGregor.

In a memorable incident in 2013, just before his bout with Saul Alvarez, Floyd displayed his checking account balance of $123 million to an ESPN reporter.

At the height of his boxing career, Floyd was consistently the highest-paid athlete globally. Even with limited endorsement deals, his earnings from fights could easily range between $150 – $300 million annually. From June 2014 to June 2015, Floyd astonishingly earned $300 million. Similarly, from June 2017 to June 2018, he amassed another $300 million, mainly due to facing Conor McGregor in August 2017. Annually, outside of the ring, Floyd generally earns around $10 million from sponsorships and investments.

Early Life and Amateur Career

Born on February 24, 1977, in Grand Rapids, Michigan, Floyd Mayweather comes from a boxing family. His father, Floyd Mayweather Sr., is a former professional boxer known for his match with Sugar Ray Leonard, while his uncles Jeff and Roger are also ex-professional boxers. At different points, both Floyd Sr. and Roger have trained Floyd Jr.

Floyd experienced a difficult childhood, with his mother battling drug addiction and his father largely unavailable. Floyd Sr. spent time with him primarily when Floyd was old enough to join a boxing gym. After his father was incarcerated, Floyd moved in with his grandmother, during which time he dedicated himself to boxing. He ultimately dropped out of high school…

an amateur after starting school.

In 1993, 1994, and 1996, Floyd claimed national Golden Gloves championships. Additionally, a bronze medal was won by him at the Atlanta Olympics in 1996. His record as an amateur stood at 84 – 4.

Professional Career

The inaugural professional match for Floyd took place on October 11, 1996, where he secured a knockout against his rival, Roberto Apodaca, in the second round.

Throughout his career, Floyd achieved an extraordinary feat by winning six boxing championships across five distinct weight classes: Super Featherweight, Lightweight, Junior Welterweight, Welterweight (two times), and Super Welterweight. Currently, his professional boxing record boasts an impressive 50 wins with no losses, including 27 victories by knockout.

Career Earnings

At this moment, when all earnings are totaled, Floyd Mayweather’s career earnings reach $1.1 billion. Below is a detailed breakdown of Floyd’s paydays for each fight throughout his professional boxing journey:

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

Before the 2005 fight against Arturo Gatti, Floyd had also earned around $2 million from his first 15 matches. Additionally, approximately $25 million was earned outside the ring through merchandise sales and several relatively minor endorsement deals.

Notable Fights

Scheduled for March 13, 2009, was a match between Mayweather and his most formidable opponent, Manny Pacquiao. The encounter was

often cited as the most awaited fight in a decade. Initially, it was anticipated that pay-per-view revenues would surpass $180 million, with Floyd guaranteed $25 million upfront along with an additional $20-25 million on the backend. However, negotiations between Mayweather and Pacquiao fell through, leading to years of stalled plans for the fight. In the interim, Floyd secured victories against “Sugar” Shane Mosley on April 1st, 2010, and Victor Ortiz in 2011. He then triumphed over Miguel Cotto on May 5th, 2012.

On May 4th, 2013, Floyd earned an estimated $50 million (with $32 million guaranteed) by defeating Robert Guerrero. Later, on September 14, 2013, he earned $75 million (guaranteed was $41.5 million) in his match against Saul Alvarez, which marked a record for the largest purse in boxing history.

The long-awaited Mayweather vs. Pacquiao bout finally occurred on May 2nd, 2015, in Las Vegas, projected to be the highest revenue-generating fight in boxing’s history. Floyd and Manny agreed on a 60-40 split of all profits, resulting in Floyd earning $250 million and Pacquiao $150 million.

On August 26, 2017, Floyd Mayweather faced Conor McGregor in a historic Pay Per View boxing event that became the highest-grossing in history. The event achieved at least 5 million PPV purchases, generating approximately $700 million in total revenue across various sources, leaving Mayweather with a pre-tax paycheck of $300 million. Being a resident of Nevada, he paid no state income taxes on those earnings, although he did pay around 40% to the IRS and an additional $22 million in back taxes related to his 2015 income. Ultimately, his after-tax earnings amounted to $160 million, bringing his net worth to $560 million post-McGregor fight.

In June 2021, Floyd participated in an exhibition match against YouTuber Logan Paul, receiving a guarantee of $10 million plus 50% of Pay Per View profits. The PPV generated approximately $50 million, resulting in a total earning of $35 million for Floyd.

In November 2022, Floyd earned $25 million for his exhibition match against social media figure Deji Olatunji, held in Dubai.

Other Appearances

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

Real Estate

Floyd’s main residence since 2018 is an 11-bedroom custom-built mansion in Las Vegas, covering an area of 22,000 square feet, which he purchased for $10 million. Additionally, he owns a 13,000-square-foot mansion in Vegas, serving as his primary residence from 2010 until 2018, acquired for $9.5 million.

In 2017, he invested $25.5 million in a mansion in Beverly Hills. Alongside this purchase, he allocated $500,000 for home furnishings at the time of the acquisition. The property boasts unique features such as a candy shop, a 12-seat movie theater, and a 300-bottle wine room. Floyd listed this Beverly Hills mansion for sale in September 2024, with an asking price of $48 million.

Furthermore, he owns an apartmentbusiness associate, publicly commented on Floyd’s financial situation, saying, “I don’t know how he is going to pay these taxes.” Despite this, Floyd has continued to maintain a lavish lifestyle, often showcasing his wealth through social media.

Charitable Endeavors

Alongside his extravagant purchases, Floyd has also made contributions to various charitable causes. He has been involved in initiatives to support underprivileged children, provide educational scholarships, and fund anti-bullying programs. Floyd’s efforts in philanthropy illustrate a commitment to giving back to the community, despite any financial controversies.

Summary

In summary, Floyd Mayweather’s financial portfolio is as diverse as it is opulent. From extensive car and jewelry collections to real estate investments and private jets, the boxing champion lives a lifestyle that many can only dream of. Even amidst questions of financial stability, his wealth seems to remain intact, underscoring his success both inside and outside the ring.

A former friend turned bitter adversary took to social media, making claims that Floyd was financially struggling and would soon be forced to return to the boxing ring to replenish his finances. These allegations lacked any credible support, and Floyd promptly denied them on his social media accounts. Nevertheless, it’s worth noting that maintaining Floyd’s extravagant lifestyle requires a significant financial outlay. With his numerous homes, luxury cars, private jets, and a sizable entourage, it’s estimated that he spends tens of millions annually, especially now that his sources of substantial income have dwindled. He has a habit of never wearing any pair of shoes more than once, generously donating his unwanted items to fans, hotel staff, and housekeepers. Always accompanied by a 20-person entourage that includes various friends and family, security personnel, a barber (despite his shaved head), and a notably attractive female massage therapist, Floyd’s circle is indeed a spectacle. At one point, thieves managed to enter his residence, absconding with $7 million worth of jewelry….

Additionally, Floyd’s gambling behaviors deserve mention. It remains unclear how much he has won or lost from sports betting, but he often showcases his immense wagers placed on various sporting events throughout the year.

Other Controversies

In 2002, Floyd faced charges for two counts of domestic violence along with one count of misdemeanor battery. This led to a suspended sentence of six months and required him to complete community service. By 2004, he was handed a one-year suspended sentence after convictions on two misdemeanor battery counts. The following year, Floyd pled no contest to a misdemeanor battery charge stemming from an incident involving a bouncer, which resulted in a 90-day suspended sentence. In 2011, he was ordered to serve 90 days in county jail due to battery charges, alongside a stipulation for 100 hours of community service and attendance at a 12-month domestic violence program. Ultimately, he spent 63 days in jail. While incarcerated, Floyd sought release on medical grounds, arguing that the 800-calorie daily diet was detrimental to his physique, which required 3000-4000 calories a day. However, the judge denied his request. Upon his release, Floyd was welcomed by 50 Cent, who arrived in a private jet carrying a suitcase containing $1 million in cash.

Summary

Floyd Mayweather boasts a net worth of $450 million. As of this date, his career earnings exceed $1.1 billion, which includes a remarkable $250 million earned in May 2015 from his fight against Manny Pacquiao, and $300 million garnered in August 2017 for his bout with Conor McGregor.