How is Mayweather so rich and what does he do with all that money? Let’s find out.
On June 6, 2021, Floyd Mayweather took on Logan Paul in one of the most anticipated sporting events in recent memory. Of course, Mayweather doesn’t really need this showdown, given his mad fame and success in the boxing world. However, the post-retirement match of the undisputed king of the times asserted his reign once again and earned Floyd Mayweather millions in net worth for just showing up.
Mayweather already boasted a whopping $1.2 billion in net worth. The number shot up by millions after the legend kept up to his tradition of sweeping the board. According to the reports, Floyd Mayweather added $10 million by merely walking up to the show. In addition to his base salary, he reportedly made around $100 million through pay-per-view despite the fight being a disappointment.
This matters because what Floyd Mayweather added to his net worth was more than what Magic Johnson and Larry Bird earned combined in their entire NBA career on the court.
Having said that, “Money” Mayweather undeniably lives life king size. The billionaire boxer might have retired, but his extravagant life seems like it just started. Here is a look inside the billion-dollar net worth and luxurious life of Floyd Mayweather.
]Floyd Mayweather’s Net Worth 2021 and Plush Life
Floyd Mayweather’s net worth drastically improved as he rose from obscurity in Michigan to become the world’s highest-paid athlete. He devoted his blood, sweat, and tears into his professional boxing career, fighting tirelessly to reach the top. He won numerous world titles, a bronze medal at the Olympics, and three U.S. Olympic medals. Championships in Golden Gloves and retired.
It is interesting to know that Floyd Mayweather is actually one of the highest-paid athletes of all time with lifetime career earnings topping $1 billion. Much of its credit goes to the scanty endorsements. Another interesting fact is that a major portion of these lifetime earnings is actually only from two fights- fight against Manny Pacquiao in 2015 that bagged him $250 million and $300 million from the fight against Conor McGregor in 2017.
Endorsements might not be the major source of addition to Floyd Mayweather’s net worth, however, he earns close to $10 million from endorsements every year.
He became a well-known professional boxing promoter before returning to the ring for a brief fight against Manny Pacquiao in 2015, which reportedly netted him $180 million.
It’s nearly hard to discuss Floyd Mayweather’s net worth without mentioning a luxurious lifestyle. Mayweather appears to have more money than he knows what to do, but he has put that theory to the test in the past. Mayweather, who is known for his extravagant spending and reckless luxury choices, spends up to $75 million every year.
He owns a watch worth over $6.5 million and spent $6.5 million on two Bugatti sports vehicles.
Fortunately, as his professional boxing career came to an end, Mayweather found new methods to make riches. He’s appeared on Wrestlemania and Dancing with the Stars after retiring, produced a rap song, and bought a boxing gym.
Here is how Floyd Mayweather spends his billion dollar net worth
1. Real estate
When it comes to real estate, Mayweather isn’t stingy. That’s why he owns three beautiful mansions in Los Angeles, Las Vegas, and Miami. His most recent acquisition, a £7.8 million property in Nevada, is one of his most expensive possessions.
The unbeaten boxer’s mansion in Las Vegas has 11 bedrooms, 14 bathrooms, indoor and outdoor swimming pools, and a gym. There’s also a wine cellar and vineyard. His Beverly Hills mansion cost him an eye-watering £19 million.
Apart from mansions, Mayweather also owns the Mayweather Boxing Club in Vegas, an apartment in New York, and a strip club, again in Vega, called Girl Collection.
2. Massive car lover
Mayweather is well-known for his passion for automobiles. However, he usually only gets them in white or black. In any case, he’ll need two of each in Los Angeles and Las Vegas. Mayweather once told a reporter that high-end luxury cars worth a whopping $15 million are resting in his garage, waiting for their first drive ever.
Another report reveals that Towbin Motorcars in Las Vegas have sold more than 100 cars in the last two decades to Mayweather.
$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 which is worth north of $1 million, are a few of his toys.
3. Private Jet
There’s hardly anything that a billion dollars cannot buy. Mayweather owns the Gulfstream G650 plane, which costs $60 million and has been named “Air Mayweather”. The jet was gifted to the legendary boxer by himself in 2018 for his 41st birthday.
The second private jet that Mayweather owns is a $30 million Gulfstream III which is also second on his list of favorites. When it comes to traveling with close associates, “Air Mayweather” is always his first choice.
And the ringmaster has a thing for jewelry, particularly watches and expensive ones at that. He is said to have up to 41 in his collection, but nothing compares to his £14 million “One and Only” purchased from Japanese jeweler Tadashi Fukushima. It was created in 2015 by Jacob & Co and is known as ‘The Billionaire Watch.’