Floyd Mayweather faced a barrage of corrections after claiming to be earning more money than Elon Musk.
Must is currently the wealthiest man in the world.
Mayweather made more than one acceptance speech about his first ballot career at the recent International Boxing Hall of Fame, one of which was caught on video by reporter Elie Seckbach.
In it, Mayweather said: “I will continue to give back to the sport of boxing in my time, and I will also give back financially because I got it,” said Mayweather.
“To my team, my guys in New York, and my other real estate team that’s here today, we can’t be stopped.
“In thirty-two months, I put myself in a position with a smart business team to make three hundred million dollars a month. It all started from the sport of boxing.”
In discussing ‘giving back,’ Mayweather means his highly lucrative deal with CGI Investments, generating solid income for the former five-weight king. However, it’s much more likely to be $300,000 per month than the millions Mayweather mistakenly stated.
Elon Musk – Floyd Mayweather – $3.6 billion
As his ex-fighter, Ishe Smith, pointed out, making $300 million a month would turn over more than Musk, who recently got named the Richest Man on the Planet by Forbes.
“That would put him above Elon Musk, past MJ [Michael Jordan], past Tiger [Woods]. He would be one of the richest men in the world,” said Smith.
“I’m not saying he’s [capping], but sometimes you have to think before you speak.
“There are not even a lot of billionaires in the world. My man said he makes $1.2 billion in four months. So in a year, he makes 3.6 billion. As I said, we have to think before we speak.
“300 million a month equals 3.6 billion a year,” the one-time TMT star concluded.
According to Forbes, Elon Musk is worth a staggering $219 billion and lies one place ahead of Amazon supremo Jeff Bezos.
Forbes Top 10 Richest People 2022
1. Elon Musk $219 B – Tesla, SpaceX
2. Jeff Bezos $171 B – Amazon
3. Bernard Arnault & family $158 B – LVMH Moët Hennessy – Louis Vuitton SE
4. Bill Gates $129 B – Microsoft
5. Warren Buffett $118 B – Berkshire Hathaway
6. Larry Page $111 B – Google
7. Sergey Brin $107 B – Google
8. Larry Ellison $106 B – Oracle Corporation
9. Steve Ballmer $91.4 B – Microsoft
10. Mukesh Ambani $90.7 B – Reliance Industries Ltd
Of the thousands of billionaires featured on the list, Floyd Mayweather was not in the top 2578 of those holding ten figures or more.
His estimated earnings from boxing came at just over one billion dollars, a feat that does place him as one of the highest earning sportspeople of the last thirty years.
But at present, Mayweather isn’t making anywhere near the $300 million or $350 million he pocketed against Manny Pacquiao or Conor McGregor. He did get those checks for under 40 minutes of work, though, so that is something to be admired.
However, taking home that kind of money each month is certainly not on Floyd’s radar in 2022.
The views expressed in this article are the opinions of Phil Jay.
WBN Editor Phil has over ten years of boxing news experience. Follow WBN on Twitter @WorldBoxingNews.