Billionaire Floyd Mayweather Discloses Greatest Investment That Made Him $750 Million Richer
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There are no arguments that the crown prince of boxing, Floyd Mayweather Jr. is the richest boxer of all time. Most of Mayweather’s fights have also been memorable for the jaw-dropping purses that he received. In fact, he recently opened up about how much he earned from three of his major fights.
Mayweather was talking at the Nevada Boxing Hall of Fame 10th Annual Induction Gala Weekend on August 27, 2022. In conversation, he spoke about leaving his promotional company to become a promoter himself. Mayweather said, “One of the best investments was 750,000 when I bought myself out of my contract.”
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It is worth noting that Mayweather was signed to Top Rank boxing at that time. And he was neither happy with the PPV views nor the fight purses. This was when he decided to leave the company in 2006. However, to do so, he had to exercise a long-standing clause in his contract by paying USD 750,000 to buy himself out.
There is no denying that this decision went on to reward Mayweather handsomely. As he further added, “In three fights, with Conor McGregor, Manny Pacquiao, and Canelo. I was able to make 750 million. But, I didn’t do it by myself. I’d have a great team and a great game plan.”
This unbelievable 100x return of investment has, in fact, proved that Mayweather is not only a skilled boxer but also an efficient businessman.
Floyd Mayweather Jr.’s highest fight purses
Fans have always been in awe of Floyd Mayweather Jr.’s journey from poverty to billionaire status. Moreover, his massive fight purses have never failed to bemuse boxing fans.
And, two fight purses, in particular, hold the candle for being the highest purses in the sport.
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Mayweather faced Manny Pacquiao at the MGM Grand Garden Arena in Paradise, Nevada on May 2, 2015. Dubbed the ‘Fight of the Century’, the fight saw Mayweather retaining his WBA (Unified), WBC, and The Ring welterweight titles. In victory, he also won the WBO welterweight title.
Mayweather is said to have earned USD 262.6 million for the fight.
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He faced UFC superstar Conor McGregor at the T-Mobile Arena in Paradise, Nevada on August 26, 2017. Rightfully titled, ‘The Money Fight’, it saw Mayweather win the bout by a 5th-round TKO.
He earned USD 275 million for the fight.
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What do you think of Mayweather’s fight purses? Let us know in the comments below.
Edited by:
Ajinkya Aswale