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Floyd Mayweather Jr Net Worth Career And Family
Floyd Joy Mayweather Jr. is an American boxing promoter and former professional boxer who competed between 1996 and 2017. He retired with an undefeated record and won 15 major world championships from super featherweight to light middleweight.
|Net Worth (2023)||$460 Million|
|Profession||American professional boxer|
|Monthly Income||$3 Million +|
|Yearly Income||$37 Million +|
|Career end||26 August 2017|
Floyd Mayweather’s Early Life
Floyd Mayweather, Jr. was born on February 24, 1977, in Michigan. Boxing was always a part of his life since his dad, Floyd Mayweather, Sr., was a welterweight contender. His uncle Jeff is also a former super featherweight champ.
At an early age, his dad introduced Floyd Mayweather, Jr. to the gym just shortly after he began talking. He held his young child near the punching bags whenever they visited. Within a short time, Floyd Jr. was throwing his punches at anything he came across. When he turned seven, his dad had him fitted for a pair of boxing gloves. He soon became popular at the neighborhood gym located just five doors from his family’s home.
Floyd Jr. did not have the simplest family life. For one thing, his dad had anger issues. In 1978, his dad was shot in his leg after a dispute with a friend. His dad was also sentenced to time in prison in 1993 after being found guilty of cocaine trafficking.
Floyd Mayweather’s Personal Life
Floyd Mayweather Jr. hails from a family deeply rooted in boxing. His father, Floyd Mayweather Sr., and mother, Deborah Sinclair, gave him a legacy that he carried forward with pride. He shares his life with four siblings: Justin Mayweather Jones, Fannie Orr, Deltricia Tawanna Howard, and Fatimah Mayweather.
While Mayweather’s boxing career has been in the public eye, so has his personal life. He’s been involved in several high-profile relationships and even got engaged, but never took the step to marry. Despite this, he is a father to five children: Iyanna, Zion Shamaree, Jirah, Devion Cromwell, and Koraun Mayweather.
Being a global icon, Mayweather has faced his share of controversies. Notably, in 2017, the IRS claimed he owed over $22 million in unpaid taxes. Mayweather responded, citing a lack of liquid assets to settle the debt but promised repayment from his upcoming fight earnings against Conor McGregor. The IRS, however, pressed for immediate payment. Adding to the financial speculations, rapper 50 Cent, once a close friend of Mayweather, suggested on social media that the boxer was on the brink of bankruptcy. Mayweather promptly refuted these claims.
Legal troubles have also been a part of Mayweather’s life. In the early 2000s, he faced multiple charges related to domestic violence and battery. In 2011, he was sentenced to 90 days in county jail, mandated 100 hours of community service, and required to attend a domestic violence program for a year. During his jail term, Mayweather sought early release, citing health concerns, but the request was denied by the court.
Floyd Mayweather’s Real estate investments
Floyd’s primary residence is an 11-bedroom custom-built mansion in Las Vegas that spans 22,000 square-feet and boasts two guesthouses, a pool house, a 1.41-acre vineyard and a large underground garage. He bought the house for $10 million. He also owns a 13,000 square-foot mansion in Vegas that was his primary residence from 2010 until 2018. In 2017 he spent $25.5 million on a Beverly Hills mansion, which includes a candy shop, 12-seat movie theater and a 300-bottle wine room. He also owns an apartment in New York City, the Mayweather Boxing Club in Vegas and an exclusive Gentleman’s club in Vegas called Girl Collection.
Floyd Mayweather’s boxing career
Coming from an acclaimed boxing family, it was natural for young Floyd Mayweather Jr. to pick the gloves. The prodigious boxer won the Golden Gloves in 1993, 1994, and 1996. Making it to the Olympics, Mayweather Jr. controversially lost the semi-finals to Serafim Todorov. As a result, he had to settle for a bronze medal. Per records, his amateur wins stood at eighty-four against eight defeats. By the year-end 1996, Mayweather Jr. embarked on his professional career with his first fight against Roberto Apodaca on October 11. He was three months short of his twentieth birthday.
Over the next two years, Floyd Mayweather won nineteen fights. In between, he won his first world title on October 3 against Genaro Hernandez. Mayweather would successfully defend his WBC super featherweight title for the next three years. Then, on April 20, 2002, Mayweather Jr. fought his first bout in the lightweight division. He won WBA and The Ring titles with a win over Jose Luis Castillo.
The first big name that crossed his path was Arturo Gatti. The duo fought on June 25, 2005, for the WBC super lightweight title. ‘Money’ won as the latter retired by the sixth round of the contest. Making his second divisional move, ‘TBE’ fought and defeated Zab Judah unanimously on April 8, 2006, winning the IBF and IBO welterweight titles. Towards the end of the year, he defeated Carlos Baldomir and added the WBC, IBA, and The Ring welterweight belts to his kitty.
On May 7, 2007, he faced the next big name. Oscar De La Hoya and Floyd Mayweather Jr. fought for the WBC light middleweight title. The latter won via split decision. His next severe test awaited him six months later. England’s Ricky Hatton and Mayweather Jr. fought at MGM Grand on December 8. A tenth-round stoppage ensured a technical victory for the American while defending the welterweight titles.
Three years later, Mayweather outclassed Shane Mosley at MGM Grand. The following year, he knocked out Victor Ortiz to win the WBC welterweight title. Miguel Cotto was the next to fall in line on May 5, 2012. The win fetched Mayweather Jr. the WBA super light middleweight title. Then, on September 14, 2013, he faced a much younger Canelo Alvarez at MGM Grand. ‘Money’ won by a majority decision and added the WBC and The Ring Light Middleweight titles.
The following two years were momentous for Floyd Mayweather Jr. In 2014, he fended off Carlos Maidana’s challenges twice. During their first bout on May 3, Mayweather won by a split decision. Four months later, the judges were unanimous in the decision to award a win to the American. Then, on May 2, 2015, ‘TBE’ faced his biggest challenge. He met the mighty Manny Pacquiao at MGM Grand. The much-hyped fight proved to be drab. Nevertheless, the American won unanimously and got himself the WBO welterweight title besides retaining the existing ones. He then claimed his forty-ninth professional win when he earned a unanimous decision over Andre Berto.
Soon afterward, Mayweather Jr. announced his retirement from the sport. Two years later, he made a comeback against the UFC sensation and mixed martial arts champion Conor McGregor at Nevada’s T-Mobile Arena on August 26, 2017. Mayweather Jr. won the fight on technical grounds by the tenth round. It was the last professional fight for Floyd Mayweather Jr. His record is now perfect fifty-nil.