Floyd Mayweather Net Worth 2016
America has produced a great number of legendary boxers, and Floyd Mayweather will continue to exist at the top echelon of those names. His skill and dominance over the game is almost impossible to challenge, and it thoroughly justifies the incredible figure of his gross worth. Here’s a look at the Floyd Mayweather Net Worth 2016. let’s have a look.
Floyd Mayweather Net Worth 2016
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One of the most known American professional boxer, Floyd Mayweather, Jr., enjoys an estimated gross worth of $650 million as of June 2015. His professional count of boxing record is an incredible 47 wins and 0 loss. In 2012 and 2013, he topped the formidable 50 highest paid athletes lists of Forbes and Sports Illustrated. In 2014, he was enlisted again by Forbes to be the world’s highest paid athlete, reigning undoubtedly with an amazing and has culminated an astonishing magnitude of Floyd Mayweather Net Worth 2016.
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Despite all the fortune he has potentially built through his boxing successes, Floyd is really not as financially stable as you may imagine. In spite of the staggering Floyd Mayweather Net Worth 2016, the Internal Revenue Service (IRS) proclaims that the Grand Rapids native owes this turn, $6.1 million total in back taxes. Soon after he was famously sued by a Florida real estate developer who had claimed Mayweather backed out of the obscene purchase of an $8.5 million house, he allegedly appeared to have owed the first installment of $1.7 million, which puts a question mark on the collection of Floyd Mayweather Net Worth 2016.
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Just a few months later a staggering $7.1 million worth of Jewelry was somehow stolen from his home. As recently as September 2009 Floyd was again sued by JP Morgan for failing to have made payment on a $528,000 Mercedes Maybach 57S. Mayweather had borrowed $415,000 at a total annual interest rate of 16% in order to pay himself for the car, he reportedly has not pulled off the $9000 monthly payment in over a year, in spite of the unbelievable Floyd Mayweather Net Worth 2016.
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Mayweather took birth in Grand Rapids, Michigan, on February 24, in the year 1977, into a family that bred boxers. His father, Floyd Mayweather Sr., happened to be a former welterweight contender who had fought Hall of Famer Sugar Ray Leonard. Moreover, his uncles (Jeff Mayweather and Roger Mayweather) also happened to be professional boxers, with Roger – Floyd’s former trainer – winning a total of two world championships, fought Hall of Famers Julio César Chávez, Pernell Whitaker and also Kostya Tszy, all vouching for the Floyd Mayweather Net Worth 2016.
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Boxing has been an integral part of Mayweather’s life since his days of childhood and he never really considered any other profession. “I think my grandmother saw my potential first,” Mayweather exclaimed. “When I was young, I told her ‘I think I should get a job.’ She said, ‘No, just keep boxing’.” “When I was about eight or nine, I lived in New Jersey with my mother and we were seven deep in one bedroom and sometimes we didn’t have electricity.” Mayweather said. “When people see what I have now, they have no idea of where I came from and how I didn’t have anything growing up.”
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On May 26, 2001 Floyd Mayweather, engaged in fighting in his hometown of Grand Rapids, pounced out a 12-round unanimous decision over the future IBF super featherweight titleholder Carlos Hernández to claim his WBC super-featherweight title. Calling it “one of the toughest nights of my career”, the 130-pound legendary champion overcame injuries in both of his hands to improve his astounding record to 26–0.
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“He is a very, very tough fighter”, Mayweather said about the challenger, whose record then fell to 33–3–1. “I’m disappointed in my performance.” Mayweather suffered the very first knockdown of his career when he hit Hernández shockingly with a left hook in round six, which caused him such pain that he dropped his injured and pining left hand to the canvas. He wasn’t hit, but was instantly given a standing eight-count by the referee.
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Mayweather’s last fight in the super-featherweight category was against the future super featherweight and lightweight titleholder Jesús Chávez. Chávez happened to be the WBC’s top-ranked contender and he came into the fight with an incredible 31-bout winning streak. This was also Mayweather’s eighth defense of the WBC super-featherweight title, one he had defended for more than three years.
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Mayweather too commented after the fight, “Although it will take some time to make the match, I want to fight Kostya Tszyu”. Tszyu, an Australian-based Russian contestant, by then had truly established himself as the best light welterweight in the world.