Floyd Mayweather Net Worth (Money & Salary)

Floyd Mayweather Net Worth (Money & Salary)

Title: Floyd Mayweather Net Worth (Money & Salary)
Last Updated: November 27, 2024
 


 

What is Floyd Mayweather’s net worth?

Floyd Mayweather, an internationally acclaimed American boxing champion and promoter, boasts a net worth of $400 million. This impressive figure secures his position as the wealthiest boxer in history. As of now, his total career earnings surpass $1.1 billion.

Currently, Floyd ranks as the 5th highest-paid athlete ever and is among the exclusive group of six athletes whose career earnings have exceeded $1 billion. The other notable athletes in this elite category 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 in Floyd’s earning profile is his ability to achieve this significant financial milestone with comparatively limited endorsement income. In contrast, most of the highest-earning athletes enjoyed substantial earnings from endorsement deals. In just two matches, Floyd amassed more than half a billion dollars—$250 million from his 2015 match against Manny Pacquiao and $300 million from his 2017 bout with Conor McGregor.

In a notorious episode with an ESPN reporter in 2013, shortly before facing Saul Alvarez, Floyd revealed his checking account balance, proudly showcasing a total of $123 million.

During his peak years in boxing, Floyd consistently held the title of the highest-paid athlete globally. Even with a limited number of endorsement deals, he could easily generate between $150 and $300 million annually during his fighting years. From June 2014 to June 2015, Floyd astonishingly earned $300 million. Likewise, between June 2017 and June 2018, his earnings totaled another $300 million, predominantly thanks to his fight against Conor McGregor in August 2017. Typically, outside of boxing, Floyd earns around $10 million annually through endorsements and other investments.

Key Facts
  • Earned $250 million battling Manny Pacquiao in 2015
  • Made $300 million in his fight against Conor McGregor in 2018
  • Achieved $1.1 billion in career earnings thus far
  • One of only five athletes to surpass $1 billion in earnings
  • Regularly held the title of the highest-paid entertainer during his peak
  • Once spent $18 million on a single luxury watch
  • Possesses a $60 million Gulfstream G650 private jet
  • Owns a Beverly Hills mansion valued at $25 million
  • Has a mansion in Las Vegas worth $10 million
  • Made $35 million from his bout with Logan Paul
Floyd Mayweather

Getty

Early Life and Amateur Career

On February 24, 1977, Floyd Mayweather was born in Grand Rapids, Michigan. His father, Floyd Mayweather Sr., was a professional boxer known for his fights against Sugar Ray Leonard. Additionally, Floyd’s uncles, Jeff and Roger, were also former professional boxers, with Floyd Sr. and Roger serving as trainers at different points in Floyd’s career.

Growing up, Floyd faced challenges, with his mother struggling with drug addiction and his father’s presence being limited. Primarily, his father spent time with a young Floyd when he was old enough to train at the boxing gym. When Floyd’s father was incarcerated, he moved in with his grandmother, during which he dedicated himself to boxing. Floyd eventually dropped out of high school…

school and transitioned into becoming an amateur.

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

Professional Career

Floyd’s initial professional fight took place on October 11, 1996, where he knocked out his rival, Roberto Apodaca, in the second round.

Throughout his career, Floyd managed to win an extraordinary six boxing championships across five distinct weight classes: Super Featherweight, Lightweight, Junior Welterweight, Welterweight (twice), and Super Welterweight. As of this moment, his professional boxing record boasts an incredible 50 wins without a single loss, with 27 of those wins coming by way of knockout.

Career Earnings

At present, totaling everything up, Floyd Mayweather’s career earnings amount to $1.1 billion. Below is a detailed breakdown of each 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

Floyd also earned approximately $2 million from his first 15 fights prior to the 2005 match against Arturo Gatti. Furthermore, he has generated around $25 million off the ring through merchandise sales and several relatively minor endorsement agreements.

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

JOHN GURZINSKI/AFP/Getty Images

Notable Fights

On March 13, 2009, Mayweather was set to contend against his toughest rival, Manny Pacquiao. The matchup was

likely the most eagerly awaited match in a decade. At that point, expectations for pay-per-view earnings were set to surpass $180 million. Out of that figure, Floyd was assured a $25 million upfront payment, along with an additional $20-25 million on the backend. Sadly, an agreement could not be reached between Mayweather and Pacquiao, and the fight remained unrealized for several years. Floyd achieved victories over “Sugar” Shane Mosley on April 1st, 2010, and Victor Ortiz in 2011. On May 5th, 2012, Mayweather triumphed over Miguel Cotto.

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

The long-awaited Mayweather vs. Pacquiao clash finally occurred on May 2nd, 2015, in Las Vegas, where it was projected to be the highest revenue-generating fight in boxing history. Floyd and Manny decided to divide all profits 60-40. Floyd’s earnings from the fight amounted to $250 million, while Pacquiao received $150 million.

On August 26, 2017, Floyd Mayweather faced Conor McGregor in what became the highest-grossing Pay Per View boxing event ever. The event saw at least 5 million PPV purchases, leading to a total revenue generation of around $700 million from all sources, leaving Mayweather with a pre-tax paycheck of $300 million. As a resident of Nevada, he did not incur state income taxes on those earnings, although he paid approximately 40% to the IRS. This included the 40% of his earnings and an additional $22 million in back taxes owed related to his 2015 income. Ultimately, his take-home amount after taxes was $160 million. Combined with his previous net worth, Floyd concluded the McGregor fight with a total net worth of $560 million.

In June 2021, Floyd participated in an exhibition match against YouTuber Logan Paul. Floyd’s contractual guarantees included $10 million plus 50% of the Pay Per View profits. Approximately 1 million people purchased the PPV, resulting in $50 million in revenue, thus providing Floyd with a total earning of $35 million.

In November 2022, Floyd earned $25 million for competing against social media figure 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 in Dancing with the Stars, finishing in ninth place. The following year, in 2008, 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 custom mansion in Las Vegas covering 22,000 square feet, purchased for $10 million. He also owns another mansion in Vegas, which spans 13,000 square feet, serving as his primary residence from 2010 to 2018, acquired for $9.5 million.

In 2017, Floyd invested $25.5 million in a mansion located in Beverly Hills, spending an additional $500,000 on furnishings upon closing. This property features a candy shop, a movie theater with 12 seats, and a wine room that holds 300 bottles. Floyd listed this Beverly Hills mansion for sale in September 2024, requesting $48 million.

He also possesses an apartment

In New York City, at the Mayweather Boxing Club in Vegas, and at a Vegas strip club called Girl Collection. August 2021 saw Floyd purchasing a waterfront mansion on Palm Island in Miami for $18 million.

Car Collection

Dozens of high-end cars are owned by Floyd. In an interview with ESPN, he mentioned having luxury cars worth $15 million sitting idle in his garage. Over the past two decades, he has acquired more than 100 vehicles from Towbin Motorcars in Las Vegas, reportedly paying for them in cash. Some highlights from his car collection include a $5 million Koenigsegg CCXR Trevita, a $3.5 million Bugatti Chiron, three $2 million Bugatti Veyrons, a Bugatti Grand Sport Vitesse, a Pagani Huayra valued at $1.4 million, and a limited edition LaFerrari Aperta, worth over $1 million. This is merely a glimpse into his remarkable collection, which also features numerous Ferraris, Lamborghinis, Bentleys, Rolls Royces, and Mercedes.

Floyd is said to have 16 Rolls Royces in his ownership.

At one time, he owned only white cars at one mansion while all the vehicles at another mansion were black.

Private Jets

Floyd owns a $60 million Gulfstream G650, which he calls “Air Mayweather.” He purchased the jet as a birthday gift to himself for his 41st birthday in 2018 and reportedly traveled to Iceland just to take an Instagram photo as a dare. The plane displays his name on the side and features “50 – o” (indicating his boxing record) on the wing tips.

In fact, Floyd has two private jets. The second one, a Gulfstream III, is valued at $30 million. When he travels, he usually flies in the G650 with his closest associates, while “Air Mayweather II” carries his entourage.

Floyd shared a photo in January 2015, standing in front of his main jet along with seven cars, representing a total of $60 million worth of “toys.”

Jewelry Collection

Floyd is quite proud of his jewelry collection, showcasing over 40 exceedingly high-end watches. He has boasted that he takes 30 watches on vacation and typically wears at least $3 million worth of jewelry at any given time.

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

Commercial Real Estate Investments

In 2014, Floyd made a significant investment to become a partner in the real estate development firm SL Green. This investment was announced by SL Green’s CEO, Marc Holliday, in December 2014. As of this writing, Floyd holds a minority stake in nine skyscrapers across the United States, including One Vanderbilt, which is the tallest commercial building in the country.

Financial Problems?

Throughout the years, Floyd has faced various allegations regarding financial issues. For instance, in March 2017, the IRS demanded $22.2 million in back taxes related to his 2015 income, specifically claiming an amount of $22,238,255. In a surprising twist, Floyd claimed he lacked sufficient liquid cash to settle the debt. A few months later, Floyd’s lawyer submitted documents assuring the IRS that the payment would be made in full, including interest and penalties, directly from his earnings from the Conor McGregor fight. The IRS had urged for immediate payment, to which Floyd’s legal team 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 friend of Floyd’s, wrote about…

A former friend, who has now become a bitter enemy, took to social media to assert that Floyd is financially struggling and will soon need to return to the ring to replenish his wealth. These claims lack evidence, which Floyd promptly countered on his social media accounts. Nevertheless, it should be noted that Floyd leads an extremely costly lifestyle. With multiple houses, luxurious cars, private jets, and a large entourage, it is likely that he spends tens of millions of dollars annually, particularly during a period where he does not have a steady influx of significant earnings. He never repeats a pair of shoes and typically discards items for his fans, hotel staff, and housekeepers. Constantly accompanied by a 20-member entourage comprised of friends, family, bodyguards, a barber (despite his shaved head), and a massage therapist—who happens to be an attractive woman—he is always in the spotlight. At one point, thieves managed to break into his residence and stole jewelry worth $7 million….

Moreover, we have yet to address Floyd’s gambling tendencies. The exact amount Floyd has gained or lost through sports betting remains unknown. He often showcases massive bets placed on various sporting events throughout the year.

Other Controversies

In 2002, Floyd faced charges of two counts of domestic violence and one count of misdemeanor battery. He received a suspended sentence of six months along with a requirement for community service. Following this, in 2004, he was handed a one-year suspended sentence for two counts of misdemeanor battery. In 2005, after kicking a bouncer, he pleaded no contest to a misdemeanor battery charge, resulting in a 90-day suspended sentence. Floyd was ordered to serve 90 days in county jail for battery charges in 2011. He was also mandated to complete 100 hours of community service and attend a 12-month program for domestic violence. Ultimately, he served 63 days in jail. While incarcerated, Floyd requested early release for medical reasons, asserting that the prison’s 800-calorie daily diet was detrimental to his muscles. He claimed he needed between 3000-4000 calories daily. His request was denied by the judge. Upon his release, he was collected by 50 Cent in a private jet, carrying a suitcase that contained $1 million in cash.

Summary

Floyd Mayweather boasts a net worth of $450 million. To date, he has accumulated more than $1.1 billion throughout his career. Notably, he earned $250 million in May 2015 after fighting Manny Pacquiao and another $300 million in August 2017 when facing Conor McGregor.

 


Floyd Mayweather Net Worth (Money & Salary)

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The data referenced is from 2023 and 2024, with forecasts available for 2025 and 2026. We have also extended the 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: November 27, 2024

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