Manny Pacquiao Net Worth 2023 – 8-Division Boxing World Champion
Emanuel Manny Pacquiao is a professional boxer from the Philippines. He is considered to be one of the best boxers ever. Manny is the first and only 8-division boxing world champion. However, that’s not his only talent. He has an active acting career, owns a basketball team, and serves as a senator in his home country. Along the way to stardom, Manny Pacquiao managed to amass an impressive net worth.
What is Manny Pacquiao’s Net Worth?
As of 2023, Manny Pacquiao is reportedly worth over $220 million. For his boxing career, Pacquiao allegedly earned $448 without taxes. Since 2006, he hasn’t been paid less than $1 million for a fight. His biggest payday came in 2015 when he finally fought his rival, Floyd Mayweather Junior. He earned more than $130 for that match.
While the money Manny has earned is nothing to sneeze at, he actually could’ve made even more. Manny was supposed to fight Mayweather in 2010. Experts predicted that the fight would be the biggest pay-per-view event history, resulting in more than $200 million. Manny was supposed to get 40% of the pay-per-view revenue. Unfortunately, the match was canceled.
How Manny Pacquiao Made His Fortune?
Pacquiao won his first major title back in 1998, defeating Thailand’s Chatachai Sasakul. Over the next two decades, we won 11 world titles in 8 different divisions and five different weight classes. He was also awarded the prestigious BWAA Fighter of the Year on three separate occasions: in 2006, 2008, and finally in 2009.
In 2015 he was named the 2nd-highest-paid athlete in the world, only behind Floyd Mayweather, who he fought and lost to the same year. That year, he generated more than $19 million I pay-per-view buys alone. Throughout his career, he made more than a billion dollars in revenue from almost two dozen pay-per-view bouts.
Many people consider Manny Pacquiao the best pound for pound boxer in the history of the sport. In his professional career, he has won 57 out 65 fights, with six losses and two draws. Some of his losses are disputed until this day. His loss to Tim Bradley, for example, is criticized as one of the biggest misjudgments in the history of boxing. Some people believe the match was even fixed.
How Manny Pacquiao Spends His Time and Money?
Pacquiao grew up in poverty. He and his family lived in a cardboard box at one point when he was growing up. Manny mentioned on many occasions that his upbringing is the main reason he spends so much time and money helping those in need.
He has directed a large portion of his fortune towards scholarships, hospitals, environmental causes, churches, and international charities. Nowadays, a large portion of Manny’s time is spent on political activism in the Philippines. Back in 2010, he was elected in the country’s House of Representatives. He represents the Sarangani province. In 2016, he was elected senator and he will serve until 2023.
As we mentioned before, besides boxing, he also enjoys basketball. He was chosen as the 11th overall pick of the 2014 PBA draft. He was the older rookie assigned to be assigned to PBA. Pacquiao became a team owner during the same year when he bought the Liga Pilipinas team, MP-Gensan Warriors.