The legendary Floyd Mayweather shares some serious advice with his fans. Mayweather is the unforbidden and one of the richest boxers in history. There is something that makes him capable of achieving this. Likewise, he shared some of the ideology in his recent interview to crack the code of being successful. Floyd Mayweather [https://image-cdn.essentiallysports.com/wp-content/uploads/GettyImages-1349044649.jpg]LOS ANGELES, CALIFORNIA – OCTOBER 21: Floyd Mayweather speaks during a press conference, ahead of the WBA Lightweight Championship fight between Gervonta Davis and Rolando Romero on December 5, at Staples Center on October 21, 2021 in Los Angeles, California. (Photo by Michael Owens/Getty Images) Floyd ‘Money’ Mayweather is looked upon as an idol for many youngsters. On the other side, his richness [https://www.forbes.com/profile/floyd-mayweather/?sh=4288d0f12e8a] fascinates his fans. ADVICE BY FLOYD MAYWEATHER Mayweather shares advice to grow and build generational wealth in an interview with ‘SportIcon’. Furthermore, he suggested some do’s and don’t in his advice. “You know, it’s all about assets and liabilities. Are you an asset or are you a liability? If you’re a liability, then this is not the team for you and that’s the same thing that I want you to do.” Mayweather explains the assets and liabilities a person can be. An asset is a person who is helpful to others and grows together. Whereas, a liability is a person who doesn’t fit in the group and needs to understand that he or she should move on. With Children for Views [https://www.essentiallysports.com/boxing-news-watch-logan-paul-once-exploited-a-car-accident-involving-a-family-with-children-for-views/] Moreover, he added, “Keep you . . . keep a bunch of assets around you because liabilities put you in a position to be fighting an uphill battle and nobody wants to uphill battle” He suggests keeping a bunch of assets together will help one prosper. On the other hand, if liability is with you, then you might struggle and also end up failing unnecessarily. Keeping a person as a liability is of no use, but it will cost a lot. THE SUCCESS BEHIND A LEGACY Considered as ‘The Best Ever [https://www.essentiallysports.com/tag/floyd-mayweather/]’, Mayweather is living a life that most people dream of, but very fewer people know his struggle behind this legacy. To achieve a billionaire lifestyle and be at the top of boxing for over two decades takes a lot of sacrifices, a strict regime, and a positive mindset. His discipline and sheer hard work make him what he is today. And thus, a bit of advice from him is must follow to flourish. Watch This Story: 5 Eye-Opening Facts About Manny Pacquiao [https://www.essentiallysports.com/stories/boxing-news-5-eye-opening-facts-about-manny-pacquiao/] What is your take from Mayweather’s advice? Know us your views below in the comment section. 

Floyd ‘Money’ Mayweather shares a bit of advice in recent interview to build a
generational wealth by choosing the type of people around you

Mohit More is a graduate of the International Institute of Sports Management. He
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levels, he has played boxing, cricket, and basketball. Mohit is a staunch
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Billionaire Boxer Floyd Mayweather Gives a Simple Tip to Build Generational
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Floyd Mayweather

Floyd Mayweather: 2024 Net Worth, Stats, Salary, girlfriend and more Who is Floyd Mayweather? Floyd Mayweather Jr. is a retired American boxer who commenced his professional journey in 1996, soon after winning a Bronze medal in the 1996 Atlanta Olympics. In a two-decade-long career that ended in 2017, besides remaining undefeated, Mayweather Jr. emerged as the dominant money-spinning boxer of the era. Floyd Mayweather in action against Aaron Chalmers (not pictured) during their exhibition fight at The O2, London. Picture date: Saturday February 25, 2023. (Photo by Zac Goodwin/PA Images via Getty Images) He secured 15 major world titles in his long and illustrious career. Even though he has retired from professional boxing, Mayweather continues to dazzle fans with his impeccable boxing skills in exhibition fights. Apart from that, Mayweather, using his shrewd business acumen, continues to make investments in a variety of profitable ventures as he continues to be the &#8220;richest boxer in the world&#8221;. Floyd Mayweather&#8217;s early life Born Floyd Joy Sinclair, records state Floyd Mayweather Jr.&#8217;s date of birth as February 24, 1977.Â  He was born to Floyd Mayweather Senior andÂ  Deborah Sinclair. Floyd&#8217;s mother, Deborah Sinclair, is of Jamaican ancestry. Not much information is available about her details, such as her date of birth, life, etc. But, by and large, she keeps herself away from the limelight that hogs her world-famous son constantly. On the other end, Mayweather Jr. shared a difficult relationship with his father. Senior was involved in training Junior during his budding years. But as a professional, their relations went through on-off phases. Floyd&#8217;s place of birth is Grand Rapids, Michigan. &#8216;Money&#8217; has one half-brother Justin Mayweather Jones, and three sisters Fannie Orr, Deltricia Tawanna Howard, and Fatimah Mayweather.Â  For his schooling, Floyd went to Ottawa Hills High School. But it seems that he didn&#8217;t complete his education, dropping out while in high school. Hailing from a family of boxers, he started learning the ropes of the &#8216;Sweet Science&#8217; at the age of seven, and the rest is history! Roger Mayweather, Floyd&#8217;s uncle, left a lasting impression on the boxing champion. A former world champion, he took up the responsibility of training his nephew in 2000 and remained his trainer till 2012. Sadly &#8216;Black Mamba&#8217; passed away in 2020.Â  Floyd Mayweather&#8217;s wife and children Floyd Mayweather Jr. has four kids: Koraun, Zion, Jirah, and Iyanna. Out of the four, the first three were born to his late ex-girlfriend Josie Harris. While Iyanna was born to Melissia Brim. Mayweather adopted Devion Cromwell, Brim&#8217;s son from an earlier relationship. As of now, he remains unmarried. From 1995 to 2005, he was in a relationship with Josie Harris. Their relationship, most of the time, ran into rough weather. Reportedly, while still in a relationship with Harris, &#8216;Money&#8217; met Melissia Brim. The pair broke up in 2000, a few months after Iyanna&#8217;s birth. It is very difficult to ascertain who he is currently dating. According to the latest reports, he was last seen cozying up to his on-and-off girlfriend Gallienne Nabila at a Clippers game. Floyd Mayweather&#8217;s net worth 2024 Celebrity Net Worth shows Floyd Mayweather Jr.&#8217;s net worth to be around $450 million. The richest fighter in boxing&#8217;s history reportedly made $1.2 billion during his life&#8217;s work in and out of the boxing ring. Whenever the talks about the biggest money-making fights crop up, the top four inevitably end up with Mayweather Jr.&#8217;s bouts. The following details could be referred to understand the stats: Vs. Manny Pacquiao, 2015: The &#8220;Fight of the Century&#8221; resulted in nearly 4.6 million pay-per-view subscriptions. While &#8220;Pacman&#8221; received almost $147 million, &#8220;Money&#8221; netted $250-$300 million. Vs. Conor McGregor, 2017: &#8220;The Money Fight&#8221; fell short of the fight against Pacquiao in terms of PPV purchases (4.3 million). But as far as fighters went, while McGregor&#8217;s paycheck stood around $100 million, Mayweather Jr. bagged nearly $300 million. Vs. Canelo Alvarez, 2013: &#8220;The One&#8221; spinning around $144 million pay-per-view revenue. Then much younger Canelo Alvarez received around $12 million. Mayweather Jr., on the other hand, made roughly $75 million. Vs, Miguel Cotto, Billed as &#8220;Ring Kings&#8221;, the fight generated around 1.5 million pay-per-view buys. Mayweather Jr. made around $45 Million and Cotto made $8 Million.Â  Fights are not the only source of &#8216;Money&#8217;s income. Regarding investments, he made some of his most brilliant moves in the real estate sector. Floyd Mayweather owns as many as nine skyscrapers. One of the most prominent among those, One Vanderbilt, a 93-story tall building in New York, forms a part investment portfolio estimated to be over $150 million. In 2022, reports filtered in of Mayweather Jr. branching out to open a Casino at New York&#8217;s Times Square. It would be another feather in the cap for the former champion, who boasts homes in Las Vegas and Los Angeles. Reportedly, he has a $25 million mansion in Beverly Hills. Despite retiring from professional boxing, Mayweather has yet to hang the gloves for good. Since 2018, he has been active in the exhibition circuit.Â  According to Celebrity Net Worth, his first fight against Tensin Nasukawa in December 2018 fetched $9 million. He fought YouTuber Logan Paul three years later, and his purse swelled by $35 million. As per Sporting News, in the following exhibition against Don Moore, Mayweather made around $50-60 million, as he received 80% from the PPV sales. Then in the contest against Mikuru Asakura, Mayweather earned around $20 million, as reported by ESPN.Â  Furthermore, he even accepted the exhibition against another Youtuber Deji, where, as per The Mail, he earned around $28 million. In 2023, Mayweather fought former Geordie Shore star Aaron Chalmers and the grandson of crime boss John Gotti: John Gotti 3, reportedly earning a guaranteed purse of $10 Million and $25 Million consecutively.Â  Moreover, Floyd Mayweather Jr. was endorsed by many notable companies such as Hublot, Burger King, during his playing career. Apart from that, his other notable business investments include Money Team Racing, Mayweather Promotions, and Skate Rock City. Floyd Mayweather&#8217;s career timeline Coming from an acclaimed boxing family, it was natural for young Floyd Mayweather Jr. to pick the gloves. The prodigious boxer won the Golden Gloves in 1993, 1994, and 1996. Making it to the Olympics, Mayweather Jr. controversially lost the semi-finals to Serafim Todorov. As a result, he had to settle for a bronze medal. Per records, his amateur wins stood at eighty-four against eight defeats. By the year-end 1996, Mayweather Jr. embarked on his professional career with his first fight against Roberto Apodaca on October 11. He was three months short of his twentieth birthday. Over the next two years, Floyd Mayweather won nineteen fights. In between, he won his first world title on October 3 against Genaro Hernandez. Mayweather would successfully defend his WBC super featherweight title for the next three years. Then, on April 20, 2002, Mayweather Jr. fought his first bout in the lightweight division. He won the WBA and The Ring titles with a win over Jose Luis Castillo. The first big name that crossed his path was Arturo Gatti. The duo fought on June 25, 2005, for the WBC super lightweight title. &#8216;Money&#8217; won as the latter retired by the sixth round of the contest. Making his second divisional move, &#8216;TBE&#8217; fought and defeated Zab Judah unanimously on April 8, 2006, winning the IBF and IBO welterweight titles. Towards the end of the year, he defeated Carlos Baldomir and added the WBC, IBA, and The Ring welterweight belts to his kitty. On May 7, 2007, he faced the next big name. Oscar De La Hoya and Floyd Mayweather Jr. fought for the WBC light middleweight title. The latter won via split decision. His next severe test awaited him six months later. England&#8217;s Ricky Hatton and Mayweather Jr. fought at MGM Grand on December 8. A tenth-round stoppage ensured a technical victory for the American while defending the welterweight titles. Three years later, Mayweather outclassed Shane Mosley at MGM Grand. The following year, he knocked out Victor Ortiz to win the WBC welterweight title. Miguel Cotto was the next to fall in line on May 5, 2012. The win fetched Mayweather Jr. the WBA super light middleweight title. Then, on September 14, 2013, he faced a much younger Canelo Alvarez at MGM Grand. &#8216;Money&#8217; won by a majority decision and added the WBC and The Ring Light Middleweight titles. LAS VEGAS, NV &#8211; SEPTEMBER 14: (L-R) Floyd Mayweather Jr. throws a right to Canelo Alvarez during their WBC/WBA 154-pound title fight at the MGM Grand Garden Arena on September 14, 2013 in Las Vegas, Nevada. (Photo by Al Bello/Getty Images) The following two years were momentous for Floyd Mayweather Jr. In 2014, he fended off Carlos Maidana&#8217;s challenges twice. During their first bout on May 3, Mayweather won by a split decision. Four months later, the judges were unanimous in the decision to award a win to the American. Then, onÂ May 2, 2015, &#8216;TBE&#8217; faced his biggest challenge. He met the mighty Manny Pacquiao at MGM Grand. The much-hyped fight proved to be drab. Nevertheless, the American won unanimously and got himself the WBO welterweight title besides retaining the existing ones. He then claimed his forty-ninth professional win when he earned a unanimous decision over Andre Berto. Soon afterward, Mayweather Jr. announced his retirement from the sport. Two years later, he made a comeback againstÂ the UFC sensation and mixed martial arts champion Conor McGregor at Nevada&#8217;s T-Mobile Arena on August 26, 2017. Mayweather Jr. won the fight on technical grounds by the tenth round. It was the last professional fight for Floyd Mayweather Jr. His record is now perfect fifty-nil. Floyd Mayweather Juniorâ€™s partnership and endorsements Hublot Ahead of Floyd Mayweather&#8217;s fight against Conor McGregor in 2017, the Swiss watchmaking company signed a deal with the boxing legend. Mayweather was seen brandishing a $1.1 million diamond-encrustedÂ Hublot Big Bang watch in the pre-match press conference in London ahead of his fight against McGregor. His association with the company dates back to the Pacquiao fight when the former five-division world champion&#8217;s trunks carried the logo of the watch company. The value of the deal remains undisclosed to this day. Mayweather termed the deal with Hublot &#8220;timeless&#8221;.Â  Burger King The American fast-food company signed a deal with Mayweather in 2015. The deal was worth 1 million dollars in 2015. According to the stipulated contract, the company was allowed to include its mascot in Mayweather&#8217;s entourage. In the &#8220;Fight of the Century&#8221; against Pacquiao, Mayweather walked out to the ring with the company&#8217;s mascot.Â Â Â  FanDuel The sports betting company Fanduel also endorsed Mayweather. And in 2015, in the iconic fight against Pacquiao, his fight night trunks bore the company&#8217;s logo. Reportedly, the entry-level fee for any brand to associate themselves with the boxing legend is US$1 million. Floyd Mayweather Juniorâ€™s investments Mayweather is the richest boxer in the world. And a lot of it has to do with his smart business decisions. Mayweather has invested in multiple business ventures. Some of them are as follows: Â Skyscrapers Mayweather Jr. is a proud owner of nine skyscrapers, one of which includes the 93-story skyscraper in the heart of Manhattan. They are all primarily located in New York and are part of his over $150 million portfolio. The Money Team Racing (TMTR) in the NASCAR Cup Series Â Floyd Mayweather Jr.â€™s team debuted in NASCAR in the 2022 Daytona 500. The teamâ€™s driver, Kaz Grala, could manage only a twenty-sixth-place finish overall. Another driver Conor Daly drove the No. 50 Chevrolet Camaro ZL 1 for the team during the Cup Series. In a press release, Mayweather stated that â€œthis move into auto racing seems to be a perfect fit for the Mayweather brand.â€ Mayweather Promotions After deciding to go independent following his exit from Bob Arumâ€™s Top Rank in 2006, Mayweather founded Mayweather Promotions LLC with his former manager and later Premier Boxing Promotions founder Al Haymon as one of the advisors. Former amateur boxer Leonard Ellerbe is the current CEO of Mayweather Promotions. Apart from the usual promotional events in boxing, and managing the careers of a stable of fighters, the firm also organizes musical and theatrical events.Â  TMT Merchandise Using the online portals, themoneyteam.com andÂ  mayweatherpromotions.com, Mayweatherâ€™s flagship brand â€˜TMTâ€™ sells sports-related apparel and equipment. Skate Rock City Mayweather purchased a roller disco in 2021. From a snack bar to a gaming zone, the 26,000-square-foot facility known as Skate Rock City was built to provide entertainment for families. Mayweather is a big fan of skating and occasionally visits the establishment from time to time.Â Â  Girl Collection Capitalizing on the thriving adult entertainment scene in America, Mayweather owns a Las Vegas-based strip club called Girl Collection which started its operations in 2017. The 7000-square-foot facility has reportedly two levels and four zones to entertain visitors. Â  Â  Â  Â  Â  Â  Â  Â  Â Floyd Mayweather&#8217;s record Mayweather&#8217;s professional record stands at 50 wins wins against zero losses. Twenty-seven of his victories came through knockouts. Floyd Mayweather titles Winner of three Golden Gloves championships in 1993, 1994, and 1996 Bronze medal at the 1996 Atlanta Olympics WBC World Super-Featherweight Champion from 1998-2001 WBC World Lightweight Champion from 2002 &#8211; 2003 Â IBF World Welterweight Champion in 2006 IBO World Welterweight Champion in 2006 WBC World Welterweight Champion from 2006-2008 and 2011-2015 WBA Super World Light-Middleweight Champion in 2012 WBA Super World Welterweight Champion 2014 Floyd Mayweather Jr&#8217;sÂ  major achievements and awards While there were numerous annual honors that Floyd Mayweather Jr. received, a few were notably marked for the length of periods in consideration. 2007, 2008, 2010, 2012, and 2013 Best Fighter ESPY Award  2010 &#8211; 2019 Boxing Writers Association of America Fighter of the Decade  2010 &#8211; 2019 World Boxing Association Boxer of the Decade  2010 &#8211; 2019 Yahoo Sports Fighter of the Decade  2010 &#8211; 2019 World Boxing News Fighter of the Decade Â Â Floyd Mayweather Juniorâ€™s charity and foundation Mayweather Jr. established The Floyd Mayweather Jr. Foundation in 2009 intending to improve public health services, help local economies, and provide diversified learning opportunities for youngsters. The organization also holds exciting events, for instance, the Back 2 School Giveaway, Thanksgiving Giveaway, and Fight 4 Fitness. On top of that, he is a regular contributor to foundations such as the Susan G. Komen (the Las Vegas Chapter), NGOs such as Habitat for Humanity (Las Vegas), and Three Square, which provides free food to the needy in Southern Nevada, among many others. Floyd Mayweatherâ€™s house In 2017, after defeating Conor McGregor, Floyd Mayweather treated himself to a stunning $26 million Beverly Hills mansion. This luxurious hideaway, tucked behind the famous Beverly Hills Hotel, spans 15,000 square feet. Complete with a private 20-person cinema, a stylish cocktail bar, and a separate guest house boasting its gym, Mayweather spared no expense in creating a lavish retreat. The main building, originally constructed in 1992, underwent extensive renovations two years ago. With ten bathrooms, mirrored wall fireplaces, and living quarters for staff, Mayweather negotiated the purchase price down from the initial Â£28 million. The secluded grounds, surrounded by palm trees, feature a pristine swimming pool and pool house with black-and-white marble surroundings. The master bedroom, with dual bathrooms and a private terrace overlooking the pool, epitomizes luxury living. The property also boasts a Miele-equipped concession bar, a four-car garage, and ample space for Mayweather&#8217;s fleet of luxury vehicles, showcasing the boxer&#8217;s penchant for extravagant living. Floyd Mayweatherâ€™s car collection Floyd Mayweather, known for his undefeated boxing record and lavish lifestyle, boasts a car collection that mirrors his success in the ring. With over 100 cars valued at around $22 million, Mayweather&#8217;s garage is a testament to his passion for automotive excellence. Bugatti Collection: Mayweather&#8217;s love for Bugattis is evident in at least three different models, including the Veyron, Chiron, and Grand Sport Vitesse. His 2017 Bugatti Chiron stands out at $3.5 million, showcasing an 8.0-liter quad-turbocharged W16 engine with 1,479 horsepower. The Veyron models in his collection, including the Grand Sport Vitesse, were purchased for prices up to $3.5 million each, highlighting his affinity for speed and luxury. Lamborghini Fleet: His Lamborghini lineup features models like the Murcielago, Aventador, Huracan, and Urus SUV, ranging from $320,000 to $517,770. These cars, known for their V12 and V10 engines, represent the pinnacle of Italian engineering. Ferrari Collection: Mayweather&#8217;s Ferraris include the 458 Italia, LaFerrari Aperta, and the Enzo, with the LaFerrari Aperta valued at $2.2 million and the Enzo at $3.3 million.Â  Rolls-Royce Selection: Among his luxury cars, Mayweather owns several Rolls-Royces, including Phantoms and Ghosts, with prices starting from $465,000. His Phantoms, customized with VR7-level ballistic-rated armor, can reach up to $600,000 each. Exclusive Models: Unique vehicles like the $4.8 million Koenigsegg CCXR Trevita and the $450,000 Mercedes SLR McLaren add to the exclusivity of Mayweather&#8217;s collection. The Trevita, known for its diamond dust and carbon fiber finish, and the limited edition SLR McLaren, showcase his taste for rarity and performance. Additional cars: Mayweather&#8217;s collection also includes a Bentley Mulsanne at $310,000, a Pagani Huayra valued at $2.6 million, and an Aston Martin One-77 at $1.85 million. With a net worth of $450 million, Mayweather&#8217;s extensive car collection not only reflects his financial success but also his deep appreciation for automotive craftsmanship.Â  Floyd Mayweather Junior&#8217;s social media account  Instagram https://www.instagram.com/floydmayweather/  Twitter https://twitter.com/FloydMayweather  Facebook https://www.facebook.com/floydmayweather  Website themoneyteam.com     Name Floyd Joy Maweather Jr.  Born February 24, 1977  Place of Birth Grand Rapids, Michigan  Nationality American  Education Ottawa Hills High School  Parents Floyd Mayweather Sr. and Deborah Sinclair  Height 1.73 m  Weight 149 lbs  Record 50-0  Wife Nil  Kids Iyanna Mayweather,?Zion Shamaree Mayweather,?Devion Cromwell,?Jirah Mayweather,?Koraun Mayweather  Shoe Size? US 8

Billionaire Boxer Floyd Mayweather Gives a Simple Tip to Build Generational Wealth

Advice by Floyd Mayweather

The success behind a legacy