Floyd Mayweather Jr Net Worth and Biography (updated 2023)

Floyd Mayweather is a former American boxer who competed between 1996 and 2017. The boxing legend, Floyd, is one of the richest boxers. His net worth is estimated to be 410 Million USD. Currently, he’s an American boxer promoter.

With a net worth close to a billion, Floyd is the richest boxer in the world. Inside the boxing ring, Floyd was an iconic and well-skilled boxer. Outside the boxing ring, Floyd was and is still one of the most influential businessman people in the world.

Since his debut in 1996, Floyd has won numerous awards and achievements. Due to his popularity, he’s one of the most searched people in the world. Therefore, if you need to learn more about Mayweather, this article covers you.

Floyd Mayweather’s Net Worth

Floyd Mayweather is a boxing icon and world-renowned boxing promoter. His total earnings in his boxing career surpass $1.1 billion, making him the 5th highest-paid athlete and highest-paid boxer. The former boxer has a net worth of 410 Million USD.

His net worth is mainly comprised of his boxing salary and brand endorsements. However, the legend has earned most of his net worth from fights.

Let’s summarize Mayweather’s net worth in the past five years.

Year Net Worth
2023 410 Million USD
2022 360 Million USD
2021 360 Million USD
2020 320 Million USD
2019 285 Million USD

Floyd Mayweather Jr Net Worth Graph

Early Life

Mayweather was born in Grand Rapids, Michigan, on February 24, 1977. His father, Floyd Mayweather Sr, and uncles, Jeff and Roger, were also professional boxers. Boxing was part of his life and was in his blood.

During his childhood, his mother was a drug addict, and their father was busy. In the 1980s, Floyd lived in Hiram Square, New Jersey, where his mother had relatives. Floyd spent most of his time with his father until he was sent to jail.

After his father was jailed, Floyd returned to the village to live with his grandmother. It was during this time he developed an interest in Boxing. He wanted to succeed his father in the boxing field. Because of his deep desire to join the boxing world, he dropped out of school and became an amateur.

Career Life

Floyd’s career set off after he dropped out of high school. The legend began his amateur boxing career. Between 1993 and 1996, he won the national Golden Gloves Championships. During this period, his amateur record was 84 wins and eight losses.

During his amateur career, he was nicknamed “Pretty Boy” because his face had fewer scars. In addition, he had excellent defensive techniques that his father and uncles had taught him. His amateur record made him famous and laid a firm foundation for his future career.

In 1996, he made his debut in professional Boxing. During the fight, he fought tooth and nail hence reaching the semi-finals. He won a bronze medal in the fight after beating his opponent, Roberto Apodaca. The legend took part in the international Olympics in Atlanta.

In 1998, two years after his professional debut, Floyd won yet another international fight after defeating his opponent, Genaro Hernandez. By this time, Floyd had earned fame in Boxing and become a professional fighter.

Floyd participated in various fighting divisions: lightweight, Super Welterweight, and Junior Welterweight. He won Welterweight and Super Welterweight championships twice.

During his career, Floyd has a clean fighting record. He has 50 wins and 0 losses. Among the 50 wins, 27 of them were knocked out. In 2007, the legend came up with his own promotion company, Mayweather Promotions. His company aimed to promote boxing challenges and fights.

In 2017, he technically retired and concentrated on his company. However, he did not retire officially from Boxing, as we have seen him recently having fights.

Notable Fights of Floyd Mayweather

Among his numerous fights, some fights have been crucial to his career. One of his notable fights is the 1996 Olympics fight. During the fight, he won a bronze medal after defeating his close opponent, Roberto Apodaca.

Later, in 2009, Floyd was scheduled to fight his potential opponent, Manny. He was promised more than $25 million plus $20 million on the backend. However, both players could not agree, and the fight fizzled for several years.

In 2010, Floyd fought with Shane Mosley, one of the best boxers inside the Ring. He defeated the-then champion. Later in 2011, the legend trounced his opponent, Ortiz. In 2012, Floyd participated in one of the greatest fights of his career. He fought and won a fight with Miguel Cotto.

In 2013, his net worth experienced a tremendous increase. Floyd fought and won a fight against Robert Guerrero. In this fight, he bagged more than $50 million. Later in the same year, he won a fight against Saul Alavarez and bagged more than $75 million.

Finally, in 2015, the fight between Floyd and Manny took place. The fight was hosted in Los Vegas and attracted thousands of viewers. The profit in the fight was shared in a ratio of 6:4, where Floyd earned $250 million, whereas his opponent earned $150 million.

In 2017, Floyd participated in yet another high-paying fight. He fought with Conor McGregor and earned more than $560 million. Later in 2021, he fought with a YouTuber, Logan Paul, and won the fight. In this fight, he earned $35 million.

Floyd’s Monthly/Yearly salary and Income

The primary source of Floyd’s Income is Boxing and boxing-related promotions. The boxer has been in the Ring since 1996, and his earnings exceed $1 billion. His earnings vary with the fighting type and the payment ratio.

Besides fighting earnings, the boxer is involved in other income-generating deals outside the Ring. As a boxer icon, the legend has earned more than $30 million in brand endorsements and advertisements. In addition, he owns a promotion company, Mayweather Promotions.

Apart from Boxing, Floyd has participated in other Income generating activities. For example, in 2007, Floyd was one of the contestants in the Dancing competition, and his team finished in the ninth position. In 2008, Floyd won $20 million in the WWE.

To sum up, Floyd’s monthly Income and salary are estimated to be more than 3 Million USD, whereas his annual Income is more than 37 Million USD.

Summary of High-earning fights of Floyd

They include:

  • The fight against Arturo Gatti, 2005 – $3.2 million
  • The fight against Oscar De La, 2007 – $25 million
  • The fight against Ricky Hatton, 2008- $20 million
  • The fight against Shane Mosley, 2010 -$30 million
  • The fight against Victor Ortiz, 2011 – $40 million
  • The fight against Robert Guerrero, 2013 – $50 million
  • The fight against Saul Alvarez, 2013 -$75 million
  • The fight against Manny Pacquiao, 2015 – $250 million
  • The fight against Conor McGregor, 2017 – $560 million
  • The fight against Logan Paul, 2021 – $35 million

Real Estate and Houses

Floyd, with a net worth of millions, we can be sure he has a handful of houses and properties. The boxer has numerous properties in different parts of the United States. In 2010, the boxer purchased a $9.5 million house that has been his residence until 2018.

In 2008, he purchased his primary residence in Las Vegas. The house cost him $10 million. The house has 11 bedrooms, a movie theater, and crystal chandeliers. In addition, the house takes more than 22,000 square feet of land.

In 2017, he purchased another mansion in Beverly Hills. The mansion cost him $25.5 million. He then spent more than $0.5 million to furnish the mansion. The luxurious house has a movie theater, a Candy shop, and a wine shop.

Floyd owns stately apartments in different parts of the United States. Some of his apartments are found in New York and Vegas. In Vegas, he owns two apartments, the Mayweather Boxing Club and the Strip club.

He also owns a real estate firm with nine skyscrapers. One of these skyscrapers is the One Vanderbilt, the tallest skyscraper in New York. The building cost him more than $3 billion and was launched in September 2020.

In addition, Floyd is a proud owner of a waterfront mansion in Miami. The boxer purchased the house in August 2021 located in Miami Palm Islands. The net worth of the mansion is $18 million.

Let’s summarize the real estate and house Floyd:

  • 13, 000 square-feet mansion, Las Vegas - $9.5 million
  • 22, 000 square-feet mansion, Las Vegas -$10 million
  • Beverly Hills Mansion - $25.5 million
  • Miami Waterfront Mansion - $18 million
  • One Vanderbilt skyscraper - $3 billion
  • Other eight skyscrapers- Unknown value

Floyd’s Car Collection

Floyd owns more than 100 cars. His garage of cars is worth more than $15 million. He has all kinds and brands of cars sitting in his garage. He has never driven some of his cars

Let’s look at some of the cars owned by Floyd:

  • Rolls-Royce Dawn - $360, 000
  • Porsche 911 Turbo Cabriolet - $200,000
  • Mercedes Benz SLS AMG - $230,000
  • Mercedes G63- $210,000
  • Bugatti Chiron - $3.5 million
  • Bugatti Veyrons -$2 million
  • Bugatti Grand Sport Vitesse -$1 million
  • Pagani Huayra - $1.4 million
  • Ferrari -$238,000

Floyd Jet Collection

Floyd owns two private jets. He owns a Gulfstream G650 jet that is worth $60 million. He bought the jet in 2018 as his 41st birthday gift. The jet has his boxing record (50-0) on the side.

His second private jet is the Gulfstream III. The jet is worth $30 million. However, Floyd mainly uses his main jet, the Gulfstream G650.

Floyd Jewelry Collection

Like other celebrities, Floyd has invested heavily in Jewelries and other classic ornaments. He’s not shy about showing off the collection of pieces of jewelry he owns. He will be seen with high-value watches and bangles during vacations and other tours.

He owns more than 50 gold watches worth at least $4 million. His collection of pieces of jewelry comprises gold and diamond-related products. He has also partnered with one watch company where he’s the brand ambassador.

In 2015, he surprised himself with an $18 million watch. The watch is nicknamed “The Billionaire.”

Awards and Honors

Some of the awards and honors won by Floyd include:

  • WBC Super Featherweight Champion
  • WBC Lightweight Champion
  • WBC Super Lightweight Champion
  • WBC Welterweight Champion
  • IBA Welterweight champion
  • The Ring lightweight champion
  • The Ring Welterweight Champion
  • WBC Money Champion
  • WBC Supreme Champion

Floyd Mayweather endorsements

Floyd is one of the most influential celebrities in the world. He has signed a brand endorsement deal with numerous companies, supplementing his earnings.

He is the promoter of Cagau jewelry and the Hublot Company. In addition, he promotes boxing activities through his company, Mayweather promotions.

Summary of Floyd Mayweather’s Net Worth and Biography

Date of Birth February 24, 1977
Age 46
Gender Male
Net worth  410 Million USD
Height 1.70 M
Weight 70 kgs
Profession Former American Boxer and American Boxer Promoter
Nationality American
Birth Place Grand Rapids, Michigan
Relationship Status Married
No of Children Five; Iyanna Mayweather, Zion Shamaree Mayweather, Koraun Mayweather, Jirah Mayweather, Devion Cromwell
Hair Color Black
Eye Color Dark Brown
Religion Hinduism
Zodiac sign Pisces

Frequently Asked Questions

1. What is the net worth of Floyd?

Floyd Mayweather is a former American boxer and the current Boxer promoter. Floyd is one of the richest boxers of all time. His net worth is estimated to be 410 Million USD. In addition, his monthly Income and salary is 3 Million USD, whereas his annual Income is more than 37 Million USD.

2. How old is Floyd?

Floyd Jr was born in Grand Rapids, Michigan, on February 24, 1977. As of writing this article, he is 46 old.

3. Did Floyd retire from Boxing?

In 2017, he technically retired and concentrated on his company. However, he did not officially retire from Boxing, as we have seen him recently having fights. For example, in 2021, he took part in a fight against Paul, where he earned $35 million.

Conclusion

Floyd Mayweather is one of the richest and greatest boxers of all time. He has built his net worth from his boxing career. As of writing this article, His net worth is estimated to be 410 Million USD. Besides Boxing, the legend owns a promotion company known as Mayweather Promotions.

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