How much is Floyd Mayweather worth?

Net Worth:$525 Million
Profession:Professional Boxer
Date of Birth:February 24, 1977
Country:United States of America
Height:
1.73 m

About Floyd Mayweather

Floyd Mayweather Jr. was born in the year of 1977 on February 24th in Grand Rapids, Michigan. He was brought up in a family of boxing legends. His father, Floyd Mayweather Sr. fought the Hall of Famer boxer Sugar Ray Leonard. Two of his uncles Jeff and Roger Mayweather were also professional boxers. Boxing has been in his life since childhood. He dropped out of high school and chose to make boxing his profession. His mother at the time was suffering from drug addiction. Therefore, he spent most of the time with his father in the gym where he took him to train and build on his boxing techniques.

Floyd Mayweather has an estimated net worth of $525 million dollars in 2020.

What makes him so successful?

Mayweather has always had a very strong self-belief. All his dedication, all the sacrifices and hard work he has put forward throughout his career have come from strongly believing in himself. It all starts in the mind and all your actions will follow through.

He has also dedicated his life and action to the mastery of the boxing sport. Mayweather has been focused throughout and has really shown his incredible work ethic. He is disciplined and is really motivated. He followed his diet strictly and didn’t gain weight in between fights. He is always in the gym training to improve his boxing technique, speed, and agility. His focus really paid off. He also has a never give up relentless attitude, a great and loyal team that always supports him and a strong will and desire towards success and the boxing sport.

How did Floyd Mayweather get so rich?

Floyd Mayweather has become one of the richest athletes in the world. He changed his nickname from “Pretty Boy” to “Money” and created “The Money Team”(TMT) which gained a lot of popularity. He has been ranked on Forbes magazines for four consecutive years since 2012. He was estimated to have a net worth of $300 million between June 2014 and June 2015. The fight of the century he won, which happened in May 2015, against Filipino Manny Pacquiao earned him more than $200 million. He also earned $275 million from the fight he won against UFC champion Conor McGregor. This fight had a total pursue estimate of over $400 million. As of the GoBankingRates, he is reported to have made more than $1 Billion in his career… hence “Money”.

He also makes money from endorsement deals, outside the ring he makes about $10 million a year. His primary endorsement deal being with Hublot, a Swiss luxury watchmaker company. He also owns a luxurious car collection as part of his wealth and lavish life. The cars are worth about $20 million. As well a an audacious watch collection worth $6.4 million.

The flamboyant Mr Floyd Mayweather has a net worth $525 million dollars.

Why is he so famous?

He started his amateur boxing career around 1993. He won the national Golden Gloves championships that year, in 1994 and in 1996. He was nicknamed “Pretty Boy” by his fellow amateur boxers because he had very few scars on his face. This was because he had adopted an effective defensive technique known as the Orthodox stance that he had learned from his father and uncle Roger.

Some find Mayweather’s style tedious to watch as he is always far back and out of danger, never taking risks until he is sure he can hit without sustaining injury. Yet despite what you may think about his boxing technique it has allowed him to win every time he’s stepped in the ring as a professional boxer, and that’s what’s made him money.

In the Atlanta 1996 Olympics Games, he won the first fight by decision due to the number of points he had against his opponent. He led 10-1 against Kazakhstan’s Bakhityar Tileganov. In the 2nd fight he won 16-3 against Armenia’s Arthur Gevorgyan. In the quarterfinals, Mayweather won against Cuba’s Lorenzo Aragon but it was a narrow win of 12-11. However, he set a record by winning against a Cuban, because the last time an American won against a Cuban was in the Summer Olympics of 1976. He reached the semifinals and settled for bronze in the featherweight division as he lost by decision (10-9) to the Bulgarian boxer, Serafim Todorov. There were debates, however, of the decision by the judges and claims that it was unfair. Mayweather ended his amateur career after with a record of 84-8.

He had a great professional boxing career start by winning his first fight on 11th October 1996 through knocking out Robert Apodaca in the 2nd round. His fame began when he won his first world title, the WBC super featherweight championship by knocking out veteran Genaro Hernandez after an 8 round rumble in 1998. This was the first loss of Genaro and he acknowledged Mayweather’s skill and speed. Mayweather broke the record of being the first 1996 U.S Olympian to win a world title. At the age of 21, he received the Ring’s Fighter of the Year award in 1998 making him one of the youngest recipients for the award.

Mayweather’s career continued progressing. He won the WBC lightweight title in 2001, the WBC super lightweight in 2005, and the WBC welterweight title in 2006. He also featured in the Ring magazine due to his successful career. In 2007, he became the best pound-for-pound fighter in the world, with 38 wins, 0 losses, and 24 Knockouts. He went mainstream after winning against boxer Oscar De La Hoya and attaining the WBC super welterweight title. The fight was aired on HBO Tv which really helped his rise to fame.

He won again in December 2007 against Britain’s Ricky Hatton. This earned him Ring magazine’s Fighter of the year award. He announced his retirement in June 2008 and during the time off he performed on the WWE Network in a match whereby he gained more mainstream fame.

Other fights like the Manny Pacquiao and Conor Mcgregor fights also made him reach the heights of fame that he has. His professional record is 50-0 with 27 knockouts.

Summing-Up

Floyd Mayweather grew up in a boxing family with a mum addicted to drugs, was beaten in the semifinals of the 1996 Olympics in his amateur career, but never lost a fight in his professional career. He is one of the greatest to ever step in a ring. His hard work, dedication, and sacrifice have earned him a very successful career, riches, and wealth worth millions.

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