Even though Floyd Mayweather Jr. retired from professional boxing, he continues to become one of the highest-paid athletes with a whopping $400 million net worth.
Hailing from Grand Rapids, Michigan, Floyd Joy Mayweather Jr. is an American boxing promoter and former professional boxer.
Mayweather competed from 1996 to 2017, retiring with a perfect record and 15 major world titles in five weight classes, ranging from light middleweight to super featherweight.
Before turning professional, he had won three national Golden Gloves titles and an Olympic bronze medal for his country.
After retiring from professional boxing in August 2017, he transitioned to exhibition boxing.
Most Of Floyd Mayweather Jr.’s Net Worth Comes From His Illustrious Boxing Career!
As of 2024, Floyd Mayweather Jr. has an estimated net worth of $400 Million, making him one of the highest-paid boxers.
Despite his humble origins, Mayweather has earned over $1.2 billion in total career earnings, alongside his business ventures and investments.
Known for his undefeated record of 50-0, Mayweather’s journey since his professional debut has been remarkable.
He has been a part of some of the highest-grossing fights in boxing history, which netted him hundreds of millions of dollars each.
Mayweather’s noteworthy earnings include $73 million against Canelo Alvarez, $45 million vs. Miguel Cotto in 2012, and an undisclosed $100 million for the Conor McGregor match.
Furthermore, he has generated a substantial income through exhibition fights, endorsements, and business ventures.
According to the source, Mayweather earned around $20 million after fighting Mikuru Asakura in an exhibition match at Saitama Super Arena in Japan.
Although Mayweather has limited sponsorship deals, he makes $150-$300 million each year while fighting.
He has secured sponsorship agreements with only three companies: Hublot, Burger King, and FanDuel.
Besides that, he was a contestant on Dancing with the Stars in 2007, finishing in 9th place.
His attendance at WWE’s WrestleMania XXIV earned him $20 million in 2008.
Previously, Mayweather told Fortune that his lack of endorsement agreements was because of his high entrance fee.
He expects at least $1 million. While that may be the case, his legal history may work against him.
Furthermore, he has also invested in real estate, clothing lines, and marijuana dispensaries.
Additionally, Forbes dubbed him the Highest Paid Athlete of the past ten years, surpassing Roger Federer, Lebron James, and Cristiano Ronaldo.
With Such A Hefty Net Worth, Mayweather Has Also Dabbled In Philanthropy
Floyd Mayweather established himself as a financial and athletic icon by incorporating his boxing prowess with commercial expertise.
He has made well-timed investments, which showcase exceptional financial savvy.
Mayweather owns a promotional company, Mayweather Promotions. Similarly, he also owns an apparel company, TMT.
However, in 2006, he spent $750,000 to opt out of his contract with Top Rank, his former promotion company.
Moreover, Mayweather ventured into the music industry by founding TMT Music Group, reflecting his interest in music.
He also established a franchise-based fitness center, Mayweather Boxing + Fitness.
Similarly, the athlete also owns Mayweather Sports and Mayweather Experience.
Besides his profitable business ventures, he has made significant investments in real estate.
He owns luxurious properties in different locations. Real estate constitutes a substantial part of his diversified investment portfolio.
His two significant assets are a $10 million property in Las Vegas and a $25.5 million mansion in Beverly Hills.
While Mayweather’s Los Angeles mansion has a wine cellar, a cinema, and a candy shop, his Las Vegas home possesses a 20-car underground garage.
His colossal net worth may also be measured based on his affluent lifestyle and extravagant taste.
Mayweather has an impressive possession of 100 automobiles of several models and designs.
A Bentley Mulsanne, Bugatti Veyron Grand Sport, Ferrari 458 Italia, 599 GTB Fiorano, Enzo, 650S, Mercedes-Benz SLS AMG, Lamborghini Murcielago, Porsche 911 Turbo, Rolls-Royce Phantom, and a super rare Koenigsegg CCXR Trevita are just a few examples.
He has an all-black fleet of cars in LA and an all-white fleet in Miami. The estimated worth of his acquisition, which includes many Rolls-Royces and a Bugatti Veyron, is around $39 million.
Furthermore, Mayweather has an extravagant watch collection. He is the first individual in the world to acquire all four of Avi & Co’s Hue range of gemstone-encrusted timepieces in four distinct colors.
He also has two private jets, which justifies his nickname, “Money.” With such a hefty net worth, Mayweather has dabbled in philanthropy.
His charitable foundations include the Floyd Mayweather Jr. Foundation, the Ryan Seacrest Foundation, the Make-A-Wish Foundation, Cure Duchenne, the Shriners Hospital for Children, and the Muscular Dystrophy Association.
The Floyd Mayweather Foundation organizes marathons and other sporting events and encourages a healthy lifestyle.
Furthermore, Mayweather has also purportedly sent aid to various African countries throughout the years.
In Case You Didn’t Know
- Floyd Mayweather Jr.’s father, Floyd Mayweather Sr., is a former welterweight contender who fought Hall of Famer Sugar Ray Leonard.
- Mayweather owned The Money Team Racing, a team in the NASCAR Cup Series.
- He is currently dating Gallienne Nabila, an Instagram model and entrepreneur.
- His ex-girlfriend, Josie Harris, was found dead in her car by police in California.
