Floyd Mayweather Once Spent $230,000 From His Net Worth on These Ridiculous Bags

Floyd ‘Money’ Mayweather, one of the biggest spendthrifts in the world, never shies away from flaunting his purchases. There’s a reason why the unbeaten boxer acquired the moniker ‘Money’ in the sport of boxing. His flashy cars, jewelry, clothes, and lifestyle were something out of a movie. Of course, his exploits in and out of the boxing ring have supported such a lifestyle.

Today we take a look at a rather unusual, but expensive item that has become a part of Floyd’s essentials.

Hermès Birkin bags are an expensive commodity. Hermès does not sell these bags commercially, and it is very hard to get your hands on one. Unless, of course, if you’re the highest-paid athlete in the world.

Floyd Mayweather spent a quarter-million dollars on Hermès Birkin Bags – Did he make an investment?

The illustrious Hermès bags are almost always out of stock. Hermès keeps the production levels of the bag low to help drive its value. Following his win over Conor McGregor back in 2017, Mayweather spent nearly $230,000 on four Hermès bags. He bought a $125,000 Birkin in limited edition white crocodile leather, and three other bags worth $35,00o each.

This purchase, however, could help Mayweather in the long run. According to a 2016 study by Baghunter, the Birkin bag outpaced the price of gold in the 35 years since 1981, when Hermès first began production. Another factor that adds to its value is the fact that it is an asset to one of the most popular boxers of this generation.

Also read: Anthony Joshua Willing to Step Aside for Money; Tyson Fury vs. Oleksandr Usyk May Happen Sooner Than Expected

How much do Hermès Birkin bags cost?

Hermès Birkin bags are the most expensive bags in the world, ranging from $40,000 to $500,000 for a single bag. The brand is synonymous with the most famous female celebrities. In fact, many rappers and athletes often gift their significant other a Hermes bag to show their affection and the depth of their pockets to their loved ones.

How to buy a Hermès Birkin bag?

Buying a Birkin bag is not so easy. You can’t walk into a Hermès boutique and buy a bag, you have to place an order, and then there’s a waiting list since the bags are handmade. Hermès does not sell most of their iconic bags online either. However, there are many premium websites and resellers that re-sell the bags online for a tidy profit. That said, your best bet is to order directly from a Hermès boutique.

What do you think of Floyd’s ‘investment?’

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