People say that fighting doesn’t pay, but the people that say that are obviously not familiar with the sport of boxing.
Boxing is one of the most technical sports in existence, and it is certainly not for the weak of heart or spirit.
Many people lace up the gloves in the hopes of making a big-time, and a select few might even be fortunate enough to turn pro.
Only a very, very small percentage, however, get to enjoy the limelight, the rewards, and the riches associated with making it big in the world of boxing.
Today we’re looking at Floyd Mayweather net worth info in a bid to determine just how lucrative boxing can be, if you dedicate your entire life to the sport, and happen to be blessed with amazing technical ability in the process.
Floyd ‘Money’ Mayweather, as he is known, had an entire gimmick based around his income and his money in the world of boxing, and despite being retired, he is still a name that is synonymous with boxing.
But precisely who is Floyd ‘Money’ Mayweather, and how much is he worth?
Here’s a detailed Floyd Mayweather net worth article so you can see for yourself just how lucrative the sport of boxing can potentially be.
Who Is Floyd Mayweather?
Floyd ‘Money’ Mayweather is a former fighter of the decade who has held multiple titles over the years who have fought at weights ranging from super middleweight up to light-middleweight.
Floyd is a former Olympic Bronze medallist, as well as being a National Champion, and a three-time former Golden Gloves winner.
Floyd was one of the most lucrative pay per view boxing attractions in the history of the sport, and with a professional record of 50 fights consisting of 50 victories, it’s easy to see why that is.
Over the years, Floyd has engaged in some truly spectacular boxing feuds with some of the all-time greats in the business.
His fights against the likes of Manny Pacquiao, Miguel Cotto, and Ricky ‘Hitman’ Hatton were all hugely popular and helped to solidify Floyd as a top drawing boxer.
Back in 2017, Mayweather took part in an inter-promotional boxing match against UFC superstar Conor McGregor.
The fight was slated to be the biggest of all time, with McGregor guaranteed $30 Million, and Mayweather an astonishing $100 Million!
With numbers like that, you can probably already predict that when it comes down to the net worth details, the numbers are going to be very high.
We’ll get to those a little later on, though, so don’t worry.
Floyd Joy Mayweather Jnr was born in 1977, on the 24th of February, in Grand Rapids, Michigan.
Floyd was born into a family of boxers, which already meant that boxing was in his blood. His father, Floyd Mayweather Snr, was a former Welterweight contender who had actually fought the legendary hall of Famer, Sugar Ray Leonard.
Not only that, but Floyd Jnr’s two uncles, Roger and Jeff Mayweather were also boxers.
In fact, Roger was a former World Championship holder.
Ever since he was a child, Floyd knew he was going to be a boxer when he grew up, and in all honesty, Floyd never really considered any other career path.
He was encouraged by his entire family, including his grandmother, to be a boxer and to pursue his dream at all costs.
Floyd had a very rough upbringing, his father was a drug dealer and was in and out of jail, whereas his mother was a heroin addict.
Floyd grew up around chaos, and boxing was his only outlet.
He grew up in poverty in New Jersey as that is where his mother had family, with things being so bad that 7 members of the same family had to share a bedroom at night, and they would sometimes have to make do without power because they couldn’t afford the bills.
Floyd basically raised himself and his life was full of ups and downs.
Rather than studying at school, Floyd instead focussed solely on boxing and dropped out of school in order to train more seriously.
You can also check Floyd Mayweather’s quotes.
Taking Boxing More Seriously:
In 1993, weighing in at 106 pounds, Floyd won his first Golden Gloves title.
He would win a further two times, each time weighing around 8 – 10 pounds more.
Floyd was an incredibly skilled boxer and was trained by his uncle and members of his family.
It was clear that he was gifted as everybody he faced in the ring he was lightyears ahead of them in terms of ability.
Floyd’s amateur record stood at 84-8, and his nickname at the time was ‘pretty boy’.
This was because of the fact that, unlike the other boxers who suffered from broken noses, fractured cheekbones, cauliflower ear, black eyes, and cuts and bruises, Floyd’s face remained perfectly intact.
This was simply due to the fact that he was so fast and so talented that his opponents simply couldn’t land any shots to his face.
In 1996 at the Atlanta Olympics, Floyd reached the semi-finals of the featherweight division and won a Bronze medal.
This was an enormous achievement, despite the fact that when he did lose, he lost in controversy as many thought Floyd had won the fight, including the referee, who raised Floyd’s hand before the decision was reversed.
Professional Boxing Career:
Despite failing to win gold, more people were now aware of who Floyd Mayweather Jnr was, and he soon turned pro.
In 1996 he fought as a pro in the super featherweight division.
He won his first pro fight in October by knockout, knocking out Roberto Apodaca.
At the time he was trained by his uncle Roger and as he fought more and more, each time picking up a victory, he gained more and more praise from boxers, trainers, sports pundits, and fans alike.
Many people tipped him for a future champion and to be a prodigy in the world of boxing, and boy, were they right.
In 1998 he won his first title, the WBC Super Featherweight title by TKO in the 8th, over Genaro Hernandez.
He fought more and moreover the years, picking up victory after victory and never really looking to be in any real trouble until he faced Jose Luis Castillo.
Both fighters met the 135lb weight limit at the weigh-in, but at the time of the fight, Castillo was 9 pounds heavier than Mayweather.
Early on, Castillo couldn’t get near Mayweather as Floyd showed his technical ability, jabbing and moving and frustrating Castillo.
Later on in the fight, though, Castillo began landing shots and for the first time, Mayweather looked vulnerable.
By the end of the fight, despite Mayweather winning on points, some people believed that Castillo should have won.
Even judge Harold Lederman, had Castillo winning the fight at 115-111.
Because the first fight was so close, the two met again.
Mayweather, who’s pride was hurting after the first bout, immediately accepted the rematch and in 2002, in December, the fight was on.
In the first match, Floyd was suffering from a shoulder injury, but now, he was fully healed and he could, therefore, jab and move, and he did just that. He displayed fantastic footwork, which many believe actually saved him.
The fight went the distance with no exchanges or knockdowns, and the judges scored the fight in Floyd’s favor.
De La Hoya Fight:
Now fighting as a Light Middleweight, Floyd Mayweather was a huge name in boxing, and he needed a worthy opponent.
In 2007, he got just that.
In May 2007, Mayweather faced off against Oscar De La Hoya, in a fight that set a record for the most PPV buys for a boxing match, as it was purchased by 2.4 Million households.
The fight was a huge earner, making $120 Million in revenue, with Oscar himself making the most a fighter had ever made at the time – a staggering $58 Million.
Remember, at the time Floyd, though a very big name, wasn’t quite the name that De La Hoya was, and so it was Oscar who took home the most, though when it comes to the net worth details, you’ll soon see how that has changed.
The fight again went the distance, with Floyd winning by split decision and setting his sights on a return to the Welterweight division.
Ricky Hatton Fight:
Next up for Floyd was Manchester boxer, Ricky ‘The Hitman’ Hatton, whom himself was undefeated at the time, which many promoters used to hype up their bout.
The fight took place in December of 2007 at the MGM Grand in Las Vegas.
Previously, the two had engaged in a war of words and mind games, with Mayweather wearing a Manchester United football shirt to the press conference.
This was deliberate as Hatton was a lifelong Manchester City fan, and the two clubs are bitter enemies.
Floyd controlled much of the fight, despite being rocked by Hatton a few times, and in the 10th he knocked the Hitman out, serving him his very first defeat.
Mayweather would come in and out of retirement several times over the next several years, even facing Manny Pacquiao in a dream fight, which many fans believed should have happened many years earlier when the two were at the peak of their prime and popularity.
He reached 49 fights with 49 victories, though, eager to go 50 and 0, he agreed to face UFC superstar Connor McGregor, at Vegas, in a fight that many people believed would never happen.
Floyd won the fight, as expected, went 50 and 0, and walked away with $100 Million. Not bad for a night’s work, right?
In 2008, Mayweather appeared on camera at WWE’s No Way Out PPV in February.
Mayweather got into a storyline altercation with WWE superstar, the Big Show, AKA Paul Wight.
Floyd, at the time, weighed around 152 pounds and stood at around 5ft 7 inches.
Big Show, on the other hand, was a legit 7-foot in height and weighed in at well over 440 pounds.
Big Show mocked Floyd, got down on his knees, and goaded Floyd into punching him.
Floyd, unfamiliar with how to throw a punch in pro wrestling, punched Show for real in the face and broke his nose, in a move which legitimately angered the big man.
The two engaged in a no DQ match at Wrestlemania XXIV, with Mayweather earning $20 Million for the match.
He would appear for the WWE a couple more times in the next year or so, no doubt making himself a very handsome sum of money in the process.
Floyd Mayweather Net Worth:
As we’re talking about Floyd Mayweather net worth info today, we’ll now talk money, shall we?
Floyd’s story is very much a rags to riches story, as he literally grew up in poverty, surrounded by dirty heroin needles, to go on to reside in a 22,000 square foot mansion, custom built-in Las Vegas Nevada.
Floyd plays up to his wealth, he drives luxury cars, wears designer clothes, mingles with the rich and famous, and makes a point of flaunting his wealth.
Thanks to his boxing career, especially the $100 Million McGregor match, as well as outside appearances such as the WWE match against The Big Show, and his appearance on Dancing with the Stars, Floyd is now worth a staggering $560 Million, which make it one of the richest boxers.
As well as the above, Floyd also appears in various ads, he owns his own gym, as well as multiple companies including his own promotion company, meaning that at his peak, he was clearing $300 Million in a single year.