Why is floyd mayweather so rich

No amount of money in the world can give you. That's a heavy burden to put on one loss, but Mayweather's reputation is built on being the best in the world. He's said in the build-up to fighting Pacquiao his career is more impressive than Ali's because no one has ever defeated him.

Mayweather and Pacquiao have very different and distinct fighting styles. Mayweather uses his speed and sliding ability to make opponents miss, attacking them with counter-punching and pinpoint accuracy.

According to Bob Canobbio, owner and founder of CompuBox -- a computerized scoring system that counts every punch a boxer throws and lands -- Mayweather's average connect rate of 46 percent, compiled during his past nine fights a "prime" designated by CompuBox , ranks as the best among current active fighters.

The unbeaten pugilist has several investments and variant ways that see him retain his spot among the wealthiest athletes of all time. Despite retiring from boxing, he still enjoys massive earnings and will continue to do so in the coming days.

He clearly had a lot of foresight as he planned for his career after retirement as well. Do you think Floyd Mayweather is the smartest boxer of all time? Home Boxing. By Raj Sarkar. Perhaps counting his exorbitant wealth would keep him occupied. Mayweather is rich. Very rich, in fact. He has been ranked as the world's highest-paid athlete by business magazine Forbes for four consecutive years since So how did he make so much money?

Mayweather began his professional career in —prior to that he had been an amateur boxer, and actually lost several fights including at the Atlanta Olympics, where he was a bronze medallist. If you think Floyd Mayweather is an extreme example in the case of frivolous spending, consider the countless other celebrities whose poor financial decisions have landed them in financial distress.

For example, legendary baseball pitcher Curt Schilling, who poured his savings into a video game startup that went belly-up, bringing the pro-ball player down with it. Sound ridiculous? But unfortunately, we can all relate on some level.

We work, we get the money, we spend the money, we work again. But what you can do is make a powerful change in strategy and embrace an entirely new mindset. You have to make the shift from just working for money to a world where your money works for you. Tapping the power of compound interest , strategic asset allocation, annuities and municipal bonds, for example, can help you make the game winnable.