Floyd Mayweather is one of the few people that can live up to his “Money” nickname.
The outlet revealed that Floyd Mayweather has stakes in the recently-constructed One Vanderbilt in the heart of New York City. Considered one of the tallest commercial buildings in North America, One Vanderbilt is the fourth-tallest building in New York City (behind One World Trade Center, Central Park Tower, and 111 West 57th Street). It opened in September 2020 and cost more than $3 billion to construct.
And this move is just the latest in a series of smart money moves that the retired boxer has made since he hung up his gloves back in 2017. He’s considered one of the richest Black athletes in the world and also reportedly “the richest boxer of all time” (based on his $450 million net worth, according to Celebrity Net Worth) and one of the highest-paid athletes in the world at the peak of his career.
But, we should have known that Floyd Mayweather was about that life back in 2013, when he got on ESPN and showed off his impressive $123 million checking account balance (Side note: only $100,000 is insured by the FDIC).
Let’s take a look at all the ways Floyd Mayweather makes his money.
Editorial note: The net worth listed in this piece is a speculative estimate drawn from a variety of online sources.
According to Celebrity Net Worth, Floyd Mayweather’s boxing career has been a profitable one. Although he officially retired from the ring in 2017 with a 50-0 record, he’s periodically participated in exhibition fights with the likes of Logan Paul and Tenshin Nasukawa. His two biggest fights, in recent years, were against Manny Pacquiao (in which he earned $250 million) and Conor McGregor (in which he earned $300 million). In total, he reportedly earned more than $1 billion in salary over the course of his boxing career (a total that includes the $9 million he made in the Nasukawa exhibition fight and the $35 million he made in the Logan Paul exhibition fight).
Commercial Real Estate
In an exclusive interview with WBC Boxing, Floyd Mayweather revealed that the bulk of his investments, today, are in commercial real estate. He claims he owns more than $1 billion in commercial real estate, and his most recent purchase was “the tallest commercial building in America.”
Established in 2007, Mayweather Promotions specializes in what Floyd Mayweather knows best: boxing.
“Mayweather Promotions seamlessly promotes all forms of live entertainment including sporting events, live musical and theatrical events as well as film and television productions,” reads their official website.
In 2017, Floyd Mayweather opened up his own adult entertainment club called The Girl Collection. The club is located on W. Sahara Avenue in Las Vegas and is a popular booking for “high-end” bachelor parties (no dollar bills allowed here).
In February 2021, Floyd Mayweather opened up a roller rink called Skate Rock City in Las Vegas, NV. According to the Las Vegas Review-Journal, Mayweather was one of many bidders on the former Crystal Palace — and his $4 million bid was the winning one.
Residential Real Estate, Cars, & Private Jets
In 2017, Floyd Mayweather bought a $25 million mansion in the Beverly Hills district of Los Angeles, CA.
But since 2018, Floyd Mayweather’s primary residence is in Las Vegas, NV. He reportedly lives in the tony Queensridge district of West Las Vegas, and he paid $10 million for the joint.
He also owns a $30 million penthouse in the Tribeca district of New York City. And, in 2021, he plopped down $18 million for a mansion in Palm Island, just outside of Miami, according to the Los Angeles Times.
Meanwhile, according to TMZ, he owns five Roll-Royces, four Ferraris, a Mercedes McLaren, G-Wagon, Bentley coupe, and both the truck and car version of the Lamborghini and Maybach, as of August 2021. And, we’re not going to even get into his jewelry collection.
In addition to his wealth of other investments, Floyd Mayweather has also diversified the TMT brand into a racing team. In December 2020, the company announced that they were looking to officially join NASCAR, according to Racing News. However, it’s unclear, as of this writing, whether they would be successful in doing so.