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How Did Floyd Mayweather Get Rich?

Published 02/08/2021, 7:40 AM EST

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Floyd Mayweather. The name signifies boxing’s biggest superstar who continues to make waves, even after his retirement from professional boxing. It is no secret that boxing brings lucrative paychecks. But, Mayweather’s riches go beyond that. Aged 43, he is one of the richest athletes in the world and is a billionaire pugilist with several more business ventures.

Boasting off a perfect record of 50-0, Floyd Mayweather attained similar success outside the ring. His massive net worth and assets came from several decisions that were fruitful for the five-division champion.

Mayweather made some prominent changes at the right times of his career, which began with his transition from Bob Arum’s Top Rank Promotions to forming his own Mayweather Promotions. Following the shift, ‘Money’ bagged enormous paychecks and took the direct profits by staging his own fights.

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Mayweather vs Pacquiao, Mayweather vs McGregor, and many more, all these fights were highly successful and Mayweather became an even bigger name. However, there’s much more to add on about Mayweather’s net worth.

Floyd Mayweather- The story of his richness?

Mayweather spent 10 years from 1996 to 2006 at Top Rank. He became a household name and a wealthy athlete by being alongside Bob Arum. Meanwhile, he also donned the cap of a promoter and unveiled several fighters, like Gervonta Davis and more later in his career.

Floyd Mayweather became synonymous with richness by flaunting all his wealth on social media. Be it big mansions, luxurious cars, and watches- he flexed everything in his corner. However, his different investments and brand value have also helped him climb the ladder of success away from boxing.

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Mayweather’s TMT (The Money Team) brand is one of the most popular brands all over the world. Additionally, he has a nightclub named ‘Girls Collection’ under the TMT banner in Las Vegas and has reportedly purchased another roller rink. So, it’s clear that Mayweather pockets big bucks from all these ventures.

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If that’s not enough. ‘Money May’ still features in lucrative boxing exhibitions. Though he claims to be done fighting boxers, he is open to taking on MMA stars and Internet personalities inside the squared circle.

Following crossovers against Conor McGregor and Tenshin Nasukawa in 2017 and 2018 respectively, Mayweather will fight Logan Paul next. He has also called out Jake Paul and 50 Cent for exhibition fights and can garner massive PPV numbers from these outings.

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The unbeaten pugilist has several investments and variant ways that see him retain his spot among the wealthiest athletes of all time. Despite retiring from boxing, he still enjoys massive earnings and will continue to do so in the coming days.

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He clearly had a lot of foresight as he planned for his career after retirement as well. Do you think Floyd Mayweather is the smartest boxer of all time?

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Written by:

Raj Sarkar

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A senior boxing writer at EssentiallySports, Raj Sarkar is a mass media graduate who is currently pursuing his master’s degree in broadcast journalism. In addition to his current role, he has worked with the MMA team at EssentiallySports and has interviewed prominent fighters such as Ritu Phogat and 'The Red King' Rory MacDonald. He combined his bachelor's degree with his adoration for combat sports and has a combined 2000 plus bylines in MMA and boxing over the last two years.
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