Eddie Hearn has serious question marks over Floyd Mayweather’s billionaire status.
Mayweather is regarded as the richest boxer in the sport, as he retired with a 50-0 record. Since his retirement, Mayweather has been vocal about his business investments. Some of the ventures he has been linked with include real estate and gold mines in Dubai.
However, he continues to undertake exhibition bouts with question marks over whether he needs money. Mayweather will box John Gotti III on August 24 in a rematch of their first fight, which ended in a brawl. There is a danger that Mayweather will expose himself to harm in the latter stages of his exhibition career. While that may be the case, the boxer looked forward to continuing his career after retirement.
JUST IN: ‘Slay the king’ – Dubois intends to ‘make a fool’ of Joshua
“I was born to be a fighter, I’m gonna die a fighter at the end of the day. If I was really taking abuse in the sport or I was getting battered then I don’t think I’d be doing exhibitions, but I was able to surround myself with smart individuals, that’s what makes me smart, because I want to surround myself with a smart team and I’ve made a lot of smart investments. So, am I doing this for the money? Absolutely not. I’m doing it because this is what I want to do,” Mayweather
While Mayweather’s wealth appears extensive on social media, Hearn doubts that he is as rich as he claims to be.
“I don’t think he’s got the money he says, that’s what I think. I don’t think he needs the money but you know when you’ve got that lifestyle, when he’s spending what he spending,” Hearn said
Nevertheless, that would be tough to imagine. Mayweather topped Forbes in 2019 with $700 million. The boxer has also repeatedly said that he does not need to work again, as the focus was on building generational wealth for his children. The boxer is also known for being a big gambler. He recently placed a $5,000 bet on Isaac Cruz to lose to Jose Valenzuela.
The prediction was correct as Valenzuela became the new WBA Junior Welterweight Champion. Mayweather also predicted that Andy Ruiz Jr. and Jarrell Miller would end in a draw. That result became true, earning Mayweather a total win of $34,500. He has repeatedly confirmed that his desire for exhibitions is not motivated by money, as he shows no signs of slowing down.
“We just got a call about a three exhibition deal and it’s a crazy number. If I was taking abuse and I was getting battered then I think I’d step away. Am I doing it for the money? Absolutely not. I’m doing it because this is what I want to do. It’s not like I’m hurting. And the people are enjoying it, my team is enjoying it and it’s good to be able to travel to different places and train and shake hands with different people from all walks of life,” Mayweather stated
