#Floyd Mayweather Net Worth 2023
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Floyd Mayweather Biography and Net Worth 2023 | Age , Height , Family , Boxing Career
Floyd Mayweather Biography ➡️Floyd Mayweather was born on February 24, 1977, in Michigan. Boxing was in his blood His father, Floyd Mayweather Sr. was a championship contender From 1977 to 2013, Floyd Mayweather boxed under his guidance. His uncle has also been a featherweight champion. Floyd Mayweather has been excellent in boxing since childhood. He won the Golden Gloves in 1993, 1994, and 1996, but the year 1996 was the year when he suffered the first failure of his life in the 1996 Olympics.He lost in the semi-finals, although according to him this decision is controversial, in the eyes of every boxing expert, his defeat was clear. 1996 was the last year that Floyd Mayweather lost in a match since then no one can beat him in the boxing ring for the next 24 years, he is the only boxing champion after Rocky Marciano who can say that he is undefeated and Retired.
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Floyd Mayweather: 10 things to know about N4.2bn damage to Nigerian firm
In a notable legal battle, boxing legend Floyd Mayweather Jr. has been ordered to pay N4.2 billion in damages to Nigerian company Zinni Media Concept Limited.
The ruling stems from a breach of contract regarding scheduled appearances in Africa. Here are the top ten things you need to know about this high-profile case:
The dispute began when Zinni Media Concept Limited contracted Floyd Mayweather Jr. in 2017 for appearances in Nigeria and Ghana. Mayweather failed to honour the agreement, cancelling without cause and refusing to return the advance payment.
Zinni Media had paid Mayweather a significant advance, which was not refunded despite the cancellation of the event, leading to legal action.
The Nigerian company sought compensation for breach of contract, unjust enrichment, and fraud, claiming they were “violated and robbed” when Mayweather cancelled.
Mayweather’s legal team initially argued that because Zinni Media was not based in the U.S., they were under no obligation to refund the payment made.
In October 2023, a lower court in California ruled in favour of Zinni Media, ordering Mayweather to pay $1.6 million in damages, plus interest and legal fees, totalling $2.3 million (N4.2 billion).
Mayweather appealed the decision, but on August 27, 2024, the California Court of Appeal upheld the ruling, rejecting Mayweather’s defence.
Despite the rulings, Mayweather has yet to pay the full judgement amount, which continues to accrue interest at a rate of 10% per annum.
To enforce the judgement, Zinni Media’s legal team, according to a statement from the firm, has targeted Mayweather’s luxury assets, including a 2015 Bugatti GSV and a 2015 Ferrari LaFerrari Aperta, which exceed the value of the owed amount.
Zinni Media claims that Mayweather not only breached the contract but overstated his net worth, complicating the legal process and enforcement of the judgement.
With multiple legal challenges overcome, Zinni, according to a statement signed by Alex Nwankwo, who is the company’s media executive, is prepared to enforce the judgement, including seizing Mayweather’s assets if necessary, to recover the N4.2 billion owed.
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Conor McGregor Net Worth 2023: How the MMA Star Became the Richest Fighter in the World
Conor Anthony McGregor is a trained mixed martial artist from Ireland. He was a former Featherweight and Lightweight champion of the Ultimate Fighting Championship (UFC), making him the first UFC fighter to simultaneously hold titles in two weight divisions. He has previously held the Cage Warriors Featherweight and Lightweight titles. He lost to Floyd Mayweather Jr. in his debut match as a…
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