Floyd Mayweather is a name synonymous with riches and boxing success. The undefeated superstar enjoyed a successful career, while he also lived a lavish lifestyle outside the ring. So ahead of his return to the ring, we look at how ‘Money Mayweather’ earns his money.
The former multi-weight champion will return to the ring on June 6 against YouTuber turned boxer Logan Paul. The event promises to be another lucrative fight for Mayweather. However, his boxing is not his only source of income.
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The 50-0 boxer earned most of his revenue from his professional boxing career. ‘TBE’ amassed $1 billion in total earnings during his career. However, the former champion used his wealth smartly.
While splashing the cash, Mayweather also invested his earnings into several businesses, which range from clubs to skating rinks. Moreover, the former multi-weight world champion has several sponsorships through he reportedly earns $10 million a year.
In addition to this, Mayweather makes his money fighting exhibitions like his upcoming bout against Logan Paul. Mayweather earned a fortune for his bout against Japanese kickboxer Tenshin Nasukawa back in 2019.
READ MORE: Floyd Mayweather Net Worth: Is He a Billionaire?
Floyd Mayweather and The Money Team
Despite having several external sources of income, Mayweather’s sources of income do not stop there. His earnings went through the roof when he split from his promoter Bob Arum. Mayweather fought under his own promotions, and as a result, his fight results increased.
Since then, he continued his promotions, and he has several world-class fighters under his promotions, including two-weight world champion Gervonta Davis. Therefore, his boxing promotions is another source of his income for the superstar.
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LONDON, ENGLAND – MAY 20: Gervonta Davis of The United States celebrates with Floyd Mayweather following victory against Liam Walsh of England in the IBF World Junior Lightweight Championship match at Copper Box Arena on May 20, 2017 in London, England. (Photo by Alex Pantling/Getty Images)
In addition, Mayweather has also ventured into racing and has set up ‘TMT Racing.’ Furthermore, thanks to his fame Mayweather also earns money by appearing on talk shows and other related things. In addition, ‘TBE’ has also got into the real estate business. However, there is not much information regarding his work in the industry.
Therefore, it is clear that the superstar boxer can live a luxurious lifestyle thanks to the variety of income sources that he has. And given his smart business decision, his earning will only increase over time.
What do you make of Floyd Mayweather’s investment decisions?
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