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BOA how’broke’ Floyd Mayweather earned $1bn from expensive parties and jewelry.

Floyd Mayweather joins NBA hero Michael Jordan and golf star Tiger Woods on an elite roster of billionaire athletes.

In 2020, he had to deny ‘crazy’ rumors he’d blown his fortune.

Chael Sonnen said Mayweather was ‘broke’ and compelled to fight for a payout.

Sonnen said in 2018: “Right now, Floyd Mayweather plans to box again.”

“Floyd’s bankrupt. Floyd Mayweather’s pay-per-view stats are only topped by his net worth, and he made a lot.

“What matters is what you kept, and he’s a dumb dumb.”

After retiring in 2017 after beating UFC star Conor McGregor in a money-spinning crossover match, Mayweather charged fans £1,200 for online meet-and-greets.

He also embarked on a UK tour before the coronavirus pandemic, with 50 Cent declaring the boxer’s’money’s gone’ and he’ll be at your local nightclub because he wants action now.

How did Mayweather waste his fortune?

He still shares social media videos of his jewelry, chains, and cash.

Mayweather owns a 41-piece watch collection, including a £14m ‘Billionaire watch’ by Jacob & Co.

According to Terezowens, Mayweather won £2.3m betting on college football in 2012.

Gambling isn’t always profitable.

According to diaspora7 sources in 2018, the five-weight champion was in debt from betting and wanted to rematch Manny Pacquiao.

In 2009, he paid £4.5m in back taxes and in 2018 settled for £600,000 with the SEC for not disclosing payments.

Mayweather owed the IRS £17.8m before fighting McGregor and sued to pay it after the fight.

Notorious was concerned about Mayweather’s gambling pre-fight.

McGregor stated, “He needs to stop gambling so much. He’s always talking but never acting.

“Seeing him, I’m sure he has a gambling issue. He bets on halftimes.

Notorious was concerned about Mayweather’s gambling pre-fight.

McGregor stated, “He needs to stop gambling so much. He’s always talking but never acting.

“Seeing him, I’m sure he has a gambling issue. He bets on halftimes.

“He only shows wins, never losers. Perhaps that’s why he’s in this position and had to fight. I’m not gambling.

50 Cent revealed in 2018 that spending money makes him uneasy.

Money, gambling, and girls always get him.

Mayweather’s garage has FIVE Rolls-Royces worth almost £2m.

Plus his £8m Vegas residence, £6.2m Miami property, and £19m Beverly Hills estate.

The boxing legend used his private jet during his career and still does in retirement.

Mayweather not only attends but also hosts elaborate parties, as he did on his 43rd birthday in LA.

Mayweather reportedly made £500m for his fights against McGregor, Pacquiao, and Saul ‘Canelo’ Alvarez.

He made a fortune fighting Logan Paul and Tenshin Nasukawa.

Mayweather revealed uncashed $100m checks from the Nevada State Athletic Commission before fighting McGregor.

“That’s for the taxman,” McGregor answered.

Mayweather, who continues to promote fighters, still shows off his cash and jewels online and vowed in Britain that he won’t run out of money soon.

“It’s crazy,” he said. Floyd needs money, you hear.

“I don’t need anything, but extra money wouldn’t hurt.”

Mayweather’s next fight announcement is supposedly “coming soon” after training footage was taken before his comeback.

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In May, the boxing legend fought Don Moore in Abu Dhabi.

He’ll compete again in 2022.

“I’ll fight in UAE this year,” he remarked.

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