Floyd Mayweather Net Worth (Money & Salary)

What is Floyd Mayweather’s net worth?

The American boxing champion and promoter, Floyd Mayweather, is world-renowned. Currently, Floyd Mayweather’s net worth stands at $400 million, making him the richest boxer in history. His total career earnings have surpassed $1.1 billion as of now.

Ranked as the 5th highest-paid athlete ever, Floyd is among just six athletes whose career earnings exceed $1 billion. The others 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 earnings is his approach to endorsements; he achieved his ranking with relatively low endorsement earnings compared to most top athletes, who derive a significant portion of their income from endorsements. Floyd made over half a billion dollars from merely two matches, earning $250 million from his 2015 fight against Manny Pacquiao and $300 million for the 2017 bout with Conor McGregor.

In a famous 2013 incident with an ESPN reporter, right before his match against Saul Alvarez, Floyd showcased his checking account balance, which was an impressive $123 million.

During the height of his boxing career, Floyd was consistently the highest-paid athlete globally. Even with few endorsement deals, he could earn between $150 million and $300 million annually when fighting. From June 2014 to June 2015, Floyd earned a staggering $300 million, and he repeated this earning feat between June 2017 and June 2018, largely due to the Conor McGregor fight in August 2017. Outside of boxing, Floyd usually gathers around $10 million annually from endorsements and various investments.

Early Life and Amateur Career

Born on February 24, 1977, in Grand Rapids, Michigan, Floyd Mayweather Jr. carries the legacy of a boxing lineage. His father, Floyd Mayweather Sr., had a notable boxing career, famously competing against Sugar Ray Leonard. Also, Floyd Jr.’s uncles, Jeff and Roger, were professional boxers, with Floyd Sr. and Roger serving as Floyd’s trainers at various points.

As a child, Floyd faced the challenge of his mother’s drug addiction while his father was often absent. His father was mainly present when young Floyd began attending a boxing gym. Following his father’s imprisonment, Floyd moved in with his grandmother and dedicated himself to boxing, ultimately dropping out of high school to pursue amateur boxing.

Floyd secured national Golden Gloves championships in 1993, 1994, and 1996, and he also snagged a bronze medal at the Atlanta Olympics in 1996. His amateur record stands at an impressive 84 wins against 4 losses.

Professional Career

The initiation of Floyd’s professional boxing career took place on October 11, 1996, where he achieved a knockout victory over Roberto Apodaca in the second round.

Throughout his career, Floyd has accomplished an extraordinary feat of winning six boxing championships across five weight classes: Super Featherweight, Lightweight, Junior Welterweight, Welterweight (twice), and Super Welterweight. Currently, his professional boxing record reflects an impressive 50 wins with no losses, including 27 by knockout.

Career Earnings

Currently, when everything is summed up, Floyd Mayweather’s career earnings total $1.1 billion. Below is a detailed breakdown of his earnings from each fight during his professional 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

Additionally, Floyd earned approximately $2 million from his first 15 fights prior to the 2005 match against Arturo Gatti, alongside around $25 million from merchandise sales and some smaller endorsement deals outside the ring.

Notable Fights

On March 13, 2009, Mayweather was set to clash with his most formidable rival, Manny Pacquiao, in what was anticipated to be the most significant fight of the decade. Predictions for the pay-per-view revenue were expected to top $180 million, with Floyd guaranteed an upfront sum of $25 million and an additional $20-25 million on the backend. Unfortunately, negotiations between Mayweather and Pacquiao fell through, delaying the fight for several years. Floyd went on to secure victories against “Sugar” Shane Mosley on April 1, 2010, and Victor Ortiz in 2011. He triumphed over Miguel Cotto on May 5, 2012.

Floyd earned an estimated $50 million ($32 million guaranteed) on May 4, 2013, after defeating Robert Guerrero. Later, on September 14, 2013, he earned $75 million (with $41.5 million guaranteed) from his fight against Saul Alvarez, setting the record for the highest purse in boxing.

Finally, on May 2, 2015, Mayweather took to the ring against Pacquiao in Las Vegas, a matchup projected to be the highest revenue-generating fight ever. The two fighters agreed to split profits 60-40, resulting in Floyd earning $250 million, while Pacquiao made $150 million.

On August 26, 2017, Floyd Mayweather faced Conor McGregor in a blockbuster Pay Per View event, generating over 5 million purchases and approximately $700 million in total revenue. Ultimately, Floyd pocketed $300 million before taxes, enjoying tax-free earnings in Nevada but still paying around 40% of his income to the IRS, coupled with $22 million in owed back taxes from 2015. After all deductions, his net gain amounted to $160 million, elevating his overall net worth to $560 million following the McGregor bout.

In June 2021, Floyd participated in an exhibition match against YouTuber Logan Paul, for which he secured a guaranteed $10 million plus 50% of Pay Per View profits. About 1 million viewers purchased the PPV, leading to a total revenue of $50 million, thus Floyd’s earnings reached a sum of $35 million.

Floyd earned $25 million in November 2022 for an 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

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

In 2017, he invested $25.5 million in a Beverly Hills mansion, spending an additional $500,000 on furnishings at the time of closing. This property boasts a candy shop, a 12-seat cinema, and a wine room that holds 300 bottles. As of September 2024, Floyd listed this Beverly Hills property for sale at $48 million.

His real estate portfolio extends to an apartment in New York City, the Mayweather Boxing Club in Las Vegas, and a strip club in Las Vegas known as Girl Collection. Additionally, he paid $18 million in August 2021 for a waterfront mansion located on Palm Island in Miami.

Car Collection

Possessing dozens of luxury vehicles, Floyd once revealed in an interview with ESPN that he has $15 million worth of lavish cars in his garage that have never seen the road. Over the past twenty years, he has acquired more than 100 cars from Towbin Motorcars in Las Vegas, reportedly paying in cash. Notable cars in his 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 $1.4 million Pagani Huayra, and a limited edition LaFerrari Aperta valued at over $1 million. This is merely a glimpse of his stunning collection, as he owns a multitude of Ferraris, Lamborghinis, Bentleys, Rolls Royces, Mercedes, and more.

Floyd is said to possess 16 Rolls Royces.

At one point, all the vehicles he parked at one mansion were white, while his other mansion housed only black cars.

Private Jets

Floyd owns a $60 million Gulfstream G650, which he affectionately named “Air Mayweather.” He purchased this private jet for himself to celebrate his 41st birthday in 2018. Allegedly, he even flew to Iceland just for a photo op on Instagram based on a dare. The aircraft features his name prominently on the side, along with “50 – o” (representing his boxing record) on the wing tips.

In fact, Floyd has two private jets; the second one being a $30 million Gulfstream III. When traveling, he typically flies on the G650 accompanied by his closest associates while “Air Mayweather II” transports his entourage.

In January 2015, Floyd showcased a picture of himself in front of his main jet along with seven cars, standing in front of a total value of $60 million in “toys.”

Jewelry Collection

Floyd does not shy away from flaunting his extensive jewelry collection. He possesses more than 40 high-end watches and claims to bring 30 watches on vacation, continuously sporting at least $3 million worth of jewelry.

Notably, in 2015, Floyd paid a staggering $18 million for a single watch from Jacob the Jeweler, adorned with 239 emerald-cut baguette diamonds weighing up to three carats each. This exquisite piece is aptly named “The Billionaire.”

Commercial Real Estate Investments

In 2014, Floyd made a significant investment to partner with the real estate development firm SL Green, with CEO Marc Holliday announcing this investment in December of that year. Currently, Floyd holds a minority stake in nine skyscrapers across the United States, including One Vanderbilt, the tallest commercial building in the country.

Financial Problems?

Throughout the years, Floyd has faced accusations regarding financial difficulties. For instance, in March 2017, the IRS demanded $22.2 million in back taxes related to his earnings in 2015, citing a specific amount of $22,238,255 owed. In a surprising revelation, Floyd claimed he lacked sufficient liquid assets to settle the debt. A few months later,Floyd’s attorney submitted documents to the IRS, confirming that the outstanding bill, along with interest and penalties, would be settled entirely through earnings from his fight with Conor McGregor. The IRS had insisted on immediate payment, to which Floyd’s legal team responded:

“While the taxpayer possesses considerable assets, these are largely restricted and mainly illiquid. A notable liquidity event is anticipated in roughly 60 days, from which he plans to clear the remaining 2015 tax liability that is currently due.”

In February 2020, Floyd’s ex-friend and now antagonist, 50 Cent, expressed on social media that Floyd was financially struggling and would likely need to return to the boxing ring to restore his wealth shortly. These assertions lacked evidence, and Floyd was quick to counter them on his social platforms. Nevertheless, it is important to mention that maintaining Floyd’s extravagant lifestyle incurs enormous expenses. With numerous houses, cars, jets, an entourage, and more, he probably spends tens of millions of dollars annually during a period when he lacks regular significant income. He has a habit of never wearing the same pair of shoes twice, leaving his discarded items behind for fans, hotel staff, and housekeepers. Consistently, he travels with a 20-person entourage that includes friends, family, bodyguards, a barber (despite his head being shaved), and a massage therapist, who, coincidentally, is a stunning woman. His home was once invaded by thieves who made off with jewelry worth $7 million….

Moreover, we have yet to address Floyd’s gambling behavior. It is difficult to ascertain the exact amounts he has won or lost on sports betting. Throughout the year, he often displays extraordinarily large wagers placed on various sporting events.

Other Controversies

In 2002, Floyd faced charges of two counts of domestic violence alongside a count of misdemeanor battery. He was sentenced to six months of suspension and community service for the offenses. In 2004, after being convicted of two counts of misdemeanor battery, he received a one-year suspended sentence. In 2005, following a no contest plea to a misdemeanor battery charge for kicking a bouncer, he was given a 90-day suspended sentence. In 2011, Floyd was mandated to serve 90 days in county jail due to battery charges, in addition to completing 100 hours of community service and undergoing a 12-month domestic violence program. Ultimately, he served 63 days in jail. During his incarceration, he requested release for medical reasons, claiming the prison’s 800-calorie daily menu was detrimental to his muscle health, insisting that his body required 3000-4000 calories daily. The judge denied this request. Upon his release, 50 Cent picked him up in a private jet, bringing with him a suitcase filled with $1 million in cash.

Summary

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