American boxing trainer and the welterweight contender in the 1980s, Floyd Mayweather Sr. has a net worth of $25 million.

Boxing Career

Born on January 15, 1952, Floyd Mayweather, Sr’s brother, Roger was WBC super featherweight and super lightweight champion while his youngest brother Jeff had an IBO super featherweight title. Mayweather is best known for his outspokenness, and for his skills of poetry that he did for his opponents. Also called ‘poet laureate of boxing’, Mayweather won the US Championship Tournament in 1977 against Miguel Barreto and came to prominence.

He competed as a professional boxer from 1974 to 1990. He fought as a welterweight and was best known for his defensive abilities and general knowledge of boxing strategy. He is often named ‘The Greatest Trainer of All Time’.

However, he suffered from lung disease sarcoidosis and quit as a fighter to become a trainer. He was shot in the leg by Floyd Mayweather Jr.’s maternal uncle when Jr. was only one. However, Mayweather Sr. did not quit and started working for several boxers. He finished his ring career with a 28-8-1 record with 17 of his wins by KO.

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Floyd Mayweather Shooting

Floyd Mayweather Sr. was shot in the leg when Floyd Jr. was just two-years-old, by Jr.’s uncle. It was reported that Tony Sinclair, Floyd Jr’s mother’s brother, shot Floyd Sr. on Jan. 21, 1979.

Other reports allege that business had gone badly between the two men and Floyd Sr. treated Sinclair a little violently at a local roller rink.

When Mayweather got back that night, Sinclair was waiting for him with a 20-gauge shotgun. Floyd Sr. used young Floyd as a human shield, thinking Sinclair wouldn’t shoot. Floyd Sr. told the story to the Los Angeles Times.

“If you’re going to kill me, you’re going to kill the baby too,” said Mayweather to Sinclair. “[Floyd Jr.’s] mother said, ‘Give me the baby.’ She was pulling the baby out of my arms so her brother could shoot me. But, I wasn’t going to put that baby down. I didn’t want to die. It wasn’t about putting my son in the line of fire. I knew [Sinclair] wouldn’t shoot the baby. So he took the gun off my face, lowered it to my leg and bam!”

The buckshot ruined Floyd Sr.’s leg, taking off much of his left calf. The wound affected his boxing career greatly, limiting his movement and forcing a complete alteration of his carefully refined tactics.

Prison Time 

In 1993, Mayweather faced a five-year prison term for drug trafficking. He and some colleagues were convicted of smuggling cocaine into the United States in detergent boxes,  based on reports by Complex. It was after his release from prison that he began training Floyd Jr. Mayweather Jr. earned his first title, the super featherweight championship, a few months after his Mayweather Sr. release.

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Training Career, Net Worth

Floyd Mayweather Sr. trained Chad Dawson, Joan Guzman and women’s champion Laila Ali who were all champions. He also trained Oscar De La Hoya for five years until 2006. He also demanded $2 million from Hoya to fight his son in 2007. The break between the two reunited father and son that helped Jr. to make a great progress.

These two were in an on-and-off relationship in terms of training, to which Floyd Mayweather Sr. responded: “I don’t need to train my son, I need a relationship with my son.” He got back to train his son again in 2013 when his son was looking to improve his defensive skills. He helped his son beat Manny Pacquiao in one of the greatest boxing matches in history.

With a career as a trainer, he takes away 10% of what’s earned by his trainee and currently has an estimated net worth of $25 million.

Son

Floyd Mayweather Jr pocketed a massive paycheck for his 36 minutes of work in the ring against McGregor. He allegedly collected at least $100 million, pushing his career earnings close to $1 billion.

Quick Facts about Floyd Mayweather Sr.

Full Name: Floyd Mayweather

Profession: Former boxer, Boxing trainer

Height: 5 ft 8 in (1.73 m)

Weight: 147 lbs (66.68 kg)

Ethnicity: African-American

Nationality: American

Date of Birth: January 15, 1952

Place of Birth: Amori, Mississippi, United States

Marital Status: Married (Deborah Sinclair)

Floyd Mayweather Sr. Net Worth: $25 million