Top 10 Richest Boxers
Who are the richest boxers?
1. Floyd Mayweather
Floyd Mayweather Jr, also known as Floyd "Money" Mayweather, is the top earning boxer ever. His exact amount of wealth isn't known, but most believe that it is above $500 million. Floyd Mayweather's brand involves flaunting his wealth. Many believe he does this to make himself the villain so people will tune into his fights. The best example of this was his fight vs UFC star Connor Mcgregor. It was an extremely promoted fight, and it is rumored to have made Mayweather over 250 million dollars for the fight (the most ever for one fighter). On top of his wealth he also owns a perfect 50-0 record, and is regarded as possibly the most technically sound boxer ever.
2. George Foreman
George Foreman is considered to be one of the best heavyweight fighters ever, who competed from 1969-1977 and 1987-1997. However, he fought in the era before fights generated huge amounts of money. Even his most famous bout with Muhammud Ali, "The Rumble in the Jungle," only netted him 5 million dollars. However, Foreman has a net worth of $300 million because of his famous George Foreman grill. George Foreman became the face of the endorsement, and while the deal included no upfront money, Foreman got 45% of the product's profits. Once the grill became a hit, Foreman made $11 million for TV appearances, and $137 million in cash and stock as part of a buyout.
3. Manny Pacquiao
Manny Pacquiao is a Filipino boxer with the nickname "Pac-man" and he has a net worth of $220 million. Pacquiao is an amazing boxer who has competed against some of the best boxers like Mayweather and Canelo. Pacquiao is an even bigger star in the Philippines. This has led to him becoming a senator in the Philippines because of his massive popularity, and also some acting in the Philippines. Pacquiao made most of his net worth from fights, including his biggest fight against Floyd Mayweather. Technically Pacquiao isn't retired, but he is 41 and probably doesn't have many big fights left.
4. Oscar De La Hoya
Oscar De La Hoya, also known as "Golden Boy," was a professional boxer who competed from 1992 to 2008, and made roughly $200 million. Oscar De La Hoya won multiple world titles in 6 different weight classes, making him one of the greatest boxers of all time. La Hoya is now also one of the biggest boxing promoters, having created his company Golden Boy Productions. La Hoya was one of the biggest pay per view sellers in history before Mayweather, and is how he made most of his money. La Hoya is also currently trying to make a comeback to the ring.
5. Canelo Alvarez
Saul Canelo Alvarez is a Middleweight Mexican boxer who is currently still fighting. Canelo has an estimated net worth of $175 million. Most of Canelo's money has come from fights including big bouts against Floyd Mayweather and Gennady Golovkin. Moreover, he is currently in the middle of an 11 fight deal with DAZN and Golden Boy Productions worth $365 million. This includes making $35 million per fight, for each of his upcoming fights on his contract. Alvarez is far from done in his career, and so he will most likely move up on this list by the time his career is done.
6. Lennox Lewis
Lennox Lewis was a heavyweight boxer from the UK who competed from 1989 to 2003, and has a net worth of $140 million. He is a three-time heavyweight champion who made most of his money from fights. His biggest fight was against Mike Tyson and it made him the most money of any of his fights for his career. Lewis was a three time heavyweight champ as well as representing Canada as an ameatur boxer in the 1988 Summer Olympics, when he won gold. Unlike some of his contemporaries like Mike Tyson, Lewis was careful with his money and still has it today.
7. Sugar Ray Leonard
Sugar Ray Leonard is often regarded as one of the greatest boxers ever with a career spanning from 1977 to 1997. In his career, Leonard won titles in five different weight classes, which is unheard of in boxing. Leonard's net worth is around $120 million, and he has made it from many different places besides boxing. Leonard has commentated for different networks, acted, written an autobiography, and made smart real estate purchases. Leonard also has had endorsement deals with companies such as Coca-Cola, Ford, and EA Sports. Leonard has done motivational speaking after his career also.
8. Vitali Klitschko
Vitali Klitschko is a great heavyweight boxer from the Ukraine, with an estimated net worth of $80 million. He is also the brother of Wladimir Klitschko. Vitali is also known as "Dr. Ironfist" for his powerful punches he throws. Vitali actually originally started in kickboxing, and then transitioned to boxing when he won the world military games in Italy. He then rose through the ranks in boxing, eventually becoming a heavyweight champion like his brother. Vitali also has had a solid political career back in his home country of Ukraine, becoming mayor of Kiev in 2014 as well as heading the Kiev City State Administration.
9. Anthony Joshua
Anthony Joshua is a current heavyweight fighter who has a net worth of $80 million. Anthony Joshua started out as an amateur fighter, winning a gold medal at the 2012 London Olympics for his home country England. Joshua has won multiple heavyweight belts, and recently had a huge fight in Saudi Arabia in which he was guaranteed $60 million. Joshua's career is far from over, and he is most likely to climb up this list in future years as he has more big fights and endorsements especially if he has future fights to try to unite all of the heavyweight belts.
10. Wladimir Klitschko
The brother of Vitali Klitscho, Wladimir Klitschko has a net worth of $60 million. Wladimir Klitschko is easily one of the best heavyweight fighters ever. He has the record for the longest reigning IBF, WBO, and IBO Heavyweight Champion with 15 straight wins. He earned himself the nickname "Dr Steel Hammer" with 53 of his 64 victories coming by knockout. In 2015, Klitscho lost to Tyson Fury ending his 15 win streak and losing his belts which he hasn't recovered since. Klitscho made most of his money from fighting, and hasn't really done anything outside of boxing to increase his income.
Are there any boxers that have lost their money?
While boxing especially in recent years makes fighters lots of money, some boxers still have managed to lose all of their career earnings from the sport. This includes some of the greatest boxers of all time like Joe Louis, Leon Spinks, and Evander Holyfield. However, the man who lost the most money was Mike Tyson. Through overspending and bad investments, he lost the $300-400 million he earned in the ring, showing that even one of the greatest boxers ever can lose it all.
Who are some of the current boxers that may join the list of richest boxers?
Boxing today, while maybe not as popular as it was a couple of decades ago, still has many great fighters that could someday join this list. Two of the best examples of this are Tyson Fury and Deontay Wilder. Both have already fought each other twice, and are two of the best heavyweights currently fighting. On top of this fighters like Vasyl Lomachenko and Gennady Golovkin, who has fought Canelo Alvarez twice, could also break into the top ten.
How do fighters earn their money?
Boxers typically make the majority of their career earnings in a few big fights. These fights are usually referred to as prize fights, in which two of the top contenders face off usually with some belt or championship on the line. However, early on in many boxers' careers they get small amounts of money. For boxers that aren't as talented, usually they will never really get that big money fight, and if they do it's typically a one-off unless they win.
Will there ever be a better promoter then Floyd Mayweather?
One of the most impressive parts of Floyd Mayweather's career is his ability to garner interest in his fights. The best example of this was his fight against Connor Mcgregor. The hype for this fight was intense even though most analysts and fans thought there was little to no chance of Mcgregor winning. Yet, the fight still brought in almost $600 million, and Floyd got $250 million. This is why Floyd Mayweather is by far the most wealthy boxer to date. No matter the opponent, people wanted to watch his fights to see him lose. So unless another boxer can combine all-time skill with being one of the greatest sports villains, there may never be a greater self promoter than Floyd "Money" Mayweather.