Summary: Known for being the father of legendary boxer Floyd Mayweather Jr., Floyd Mayweather Sr. is a former professional boxer, trainer, and an accomplished businessman. With his successful career in boxing and as a trainer, Mayweather Sr. has amassed a considerable net worth over the years. Here’s a deeper look at how much he is worth, and how he obtained his wealth.
1. Early Life and Career
Floyd Mayweather Sr. was born on October 19, 1952, in Amory, Mississippi. He began boxing at a young age and turned pro in 1974. Mayweather Sr. had a successful career, with a record of 28-6-1, before retiring in 1990. After his retirement, he shifted his focus to training boxers, including his own son.
Despite his successes in the ring, Mayweather Sr. struggled financially in his early life. He often worked as a construction worker to provide for his family. However, he always maintained his love for boxing and continued to work within the industry.
By the time his son began having success in the ring, Mayweather Sr. had become a respected boxing trainer. His net worth started to grow as he worked with his son and other prominent fighters.
2. Mayweather Boxing Club
One way Mayweather Sr. has built his fortune is through his involvement in the Mayweather Boxing Club. The boxing gym, located in Las Vegas, Nevada, was founded by the Mayweather family in 2007. Since then, it has become a world-renowned facility that attracts both professional boxers and aspiring amateurs.
As a partner and trainer at the club, Mayweather Sr. is involved in all of its operations. He has also been successful in attracting top talent to the gym, helping the club become a successful business venture.
The club has been the site of numerous high-profile fights, including some featuring Mayweather Jr. Himself. Over the years, the gym has grown in popularity and has become an integral part of the Mayweather family’s brand.
3. Trainer for High-Profile Fighters
Aside from his role with the Mayweather Boxing Club, Floyd Mayweather Sr. has built his fortune by training other high-profile fighters. Throughout his career as a trainer, he has worked with numerous boxers and helped them achieve success in the ring.
In addition to his son, Mayweather Sr. has trained boxers like Chad Dawson and Oscar De La Hoya. By taking a percentage of their earnings, Mayweather Sr. is able to earn a significant income for his training services.
As a trainer, Mayweather Sr. brings an extensive amount of experience and knowledge to the table. His unique approach to training has helped numerous fighters reach the top of their game.
4. Appearance in TV Shows and Movies
Mayweather Sr. has made appearances on various TV shows and movies over the years. In 2017, he was featured in the documentary “Mayweather vs McGregor: All Access,” which provided fans with a behind-the-scenes look at the weeks leading up to the Mayweather Jr. vs. Conor McGregor fight.
He has also appeared in movies, including “The Dog Lover” and “The Strip”, and on TV shows like “Inside Mayweather vs Pacquiao.” These appearances have provided additional streams of income for Mayweather Sr. and helped him expand his brand beyond the boxing world.
5. Net Worth and Business Ventures
As of 2021, Floyd Mayweather Sr.’s net worth is estimated to be around $10 million dollars. While his income largely stems from his involvement in boxing and as a trainer, he has also diversified his portfolio through various investments and business ventures.
One of his most successful ventures has been developing real estate in Las Vegas. He owns multiple properties in the area and has flipped them for significant profits over the years. Additionally, he has invested in stocks and started his own clothing line.
Mayweather Sr.’s net worth is a testament to his hard work and dedication to the sport of boxing. Throughout his career, he has proven to be a valuable asset to the fighters he trains, as well as himself and his family.
In conclusion, Floyd Mayweather Sr. has built his net worth through various means over the years. From his successful boxing career to his role as a trainer and business owner, he has established himself as a prominent figure in the world of boxing.
While much of his wealth comes from his involvement in the sports industry, he has also diversified his portfolio through investments in real estate, stocks, and various business ventures.
Looking forward, Mayweather Sr. will likely continue to be a valuable asset to the boxing community and an important contributor to his family’s brand.