Manny Pacquiao is a renowned Philippine Boxer who is the first and only eight division world champion in which he has won ten world titles, as well as the first to win the lineal championship in four different weight classes. He was named “Fighter of the Decade” for the 2000s by the Boxing Writers Association of America, World Boxing Council and World Boxing Organization. Let us check out Manny Pacquiao Net Worth
Manny Pacquiao Net Worth
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According to Forbes, Pacquiao is 2nd on the list of The World’s Highest Paid Athletes 2015. He had a net worth of $160 million out of which $148 million was from Salary and $12 million from endorsements from various companies. Pacquiao’s $125 million payday for his bout against Floyd Mayweather was four times his previous high for a boxing match. Manny Pacquiao Net Worth has dropped to 3.1 billion Philippine Peso from 2015’s 3.3 billion. He has had an earning of $24 million in 2016. 43% of his assets worth 3.4 Php is in the form of cash, jewellery and other properties, while 46% is real estate. transportation equipment i.e. cars make up 4% of his assets, and 7% is in the form of various investments and business ventures.
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Pacquiao in our topic Manny Pacquiao Net Worth 2016 started fighting at a tender age of 14. He fought 64 fights in Philipines National amateur boxing team where his record was 60-4. Pacquiao started his Light flyweight career with much difficulty as he did not qualify on standards of weight.
He admitted to the U.S. Press that he had put weights in his pockets and often used heavy gloves to qualify. His first fight was against Torrecampo which he lost badly after he was caught with a looping left hand flush on the chin which he couldn’t get up from. Following the Torrecampo fight, Pacquiao continued undefeated for his next 15 fights, which led him to challenge his first World title.
Pacquiao won lineal and WBC flyweight titles over Chatchai Sasakul by way of knockout in the eighth round. He defended the titles successfully against Mexican Gabriel Mira via a fourth-round technical knockout. However, Pacquiao lost the lineal title in his second defense against Medgoen Singsurat. After his loss, he started gaining weight and skipped the super flyweight and bantamweight divisions and started training for Super Bantamweight. He won the WBC International Super Bantamweight title and defended this title five times before his chance for a world title fight came. Pacquiao in our topic Manny Pacquio Net Worth 2016 came to limelight on 2001 against IBF Super Bantamweight title holder Lehlohonolo Ledwaba whichby technical default.
In 2003, Philippine President Gloria Macapagal-Arroyo conferred on Pacquiao the Presidential Medal of Merit for his knockout victory over the best featherweight boxer of the world. In the later part of 2003, Pacquiao challenged WBA and IBF Featherweight title holder Juan Manuel Marquez. This was a long and challenging fight for both the boxers as neither of them were to leave an inch to the other. In the end, the match was tied between the two boxers due to a controversial decision by one of the three judge members panel.
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On 2005, Pacquiao in our topic Manny Pacquiao Net Worth 2016 moved to super featherweight category and challenged three-division world champion Érik Morales which he lost via unanimous decision. Pacquiao requested for a rematch and this time he came back with a bang. Morales escaped knock downs, once in the second round by holding onto the ropes and once in the sixth by falling on the referee. Pacquiao eventually knocked Morales out in the tenth. As of 2017, his net worth has increased upto $200 million dollars.
After a series of fights in the featherweight category,Pacquiao decided to move to lightweight to challenge David Diaz, reigning WBC Lightweight title. Pacquio eventually defeated David Diaz and become a five-division world champion, a fighter who won world titles in five different weight divisions. Statistics stated that the fight had made 12.5 million dollars, earning Díaz 850,000 dollars, whilst Pacquiao earned 3 million dollars.
Pacquiao moved to Welterweight shortly after the match and challenged Oscar De La Hoya. The fight was termed as “The Dream Match”. Before the fight, many predicted the winning of De La Hoya was evident because of his size, However in reality it turned out to be the opposite as Oscar couldnt move swiftly with his size and Pacquio jumping all over the ring to beat his opponent.
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The most ‘claim to fame’ event in our topic Manny Pacquiao Net Worth 2016 is the facing off between Manny Pacquiao and Floyd Mayweather Jr. Which was termed as “Fight of the Century”. After years of turbulence and turmoil between the two parties, with a fight on pen and paper being called off due to lack of negotiation over a blood sample issue, This fight surely turned the world’s head. The fight was won by Mayweather with the judges scorecard reading 118–110, 116–112, 116–112 in favor of Mayweather. Mayweather vs Pacquiao match earned a record 4.4 million pay-per-view buys. His net worth in 2017 is $200 million dollars and counting.