Current Controversy

Floyd Mayweather’s views on charitable giving

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Floyd “Money”Mayweather has made some pretty outlandish comments over the course of his boxing career. The undefeated boxing champion sat down with Kelly Mac of 107.3 Jamz to discuss charitable donations.

Floyd was very open, honest, and to the point about his lack of desire to donate. Floyd has very different views on what exactly his financial obligations are. Floyd feels his number one financial obligation is to his family only because he feels if he were in a position of need himself no one would help him out.

Floyd has been hearing for years how he should appropriately donate his money to people in unfortunate circumstances. One of the charitable places for donations that continues to get brought up the most is Africa. Floyd doesn’t feel this would be a smart move on his behalf.

[People] say ‘well, he got all this money, why is he not giving to Africa?’” starts Mayweather. “Well, what has Africa given to us? What has Africa came and gave to my children and to my family? Things work two ways.”

In the interview Floyd talks about how giving away to much money can negatively affect the donor. In his mind he feels donating to much money could cause him to become broke. This is a situation Manny Pacquiao apparently found himself in causing him to end up in some financial trouble.

 

Floyd’s views on this matter are a bit odd given if Floyd was appropriately saving his money and living within his means he should have no problems of potentially becoming broke. Keep in mind this is a guy who paid $18000000 for a one of one Billionaire Jacob and Co watch, a brand new jet costing over $40000000, and owns a variety of million dollar mansions and high-end sports cars. Some of Floyd’s purchases are huge liabilities that continually lose money over time instead of making him more money. If conserving his money is to avoid being broke he may want to also put his spending habits in check as well.

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“Everybody’s always talking about giving, giving, giving. That’s the problem. Everybody’s doing so much giving, at the end of the day, they may not have nothing. Then they’ll say ‘why was he giving this to that person, and giving this to that person when he should have been saving?”

 

 

Mayweather feels he should be the only solely decision maker in how he donates his money. Floyd feels the only donation he needs to be concerned about is to ensure his family is okay and well taken care of.

“I never got involved in the sport of boxing to say ‘I’m going to fight and make hundreds of millions of dollars and just give it all away.’ If I’m gonna mess money off in a bad way, I’m going to spend it on myself. I’m going to do what I want to do with my money. You hear people talking about, ‘well, he should…donate to this or donate to that.’ No, I should donate to Floyd Mayweather, donate to Floyd Mayweather’s family. Because that’s what it’s about.”

Floyd is entitled to do as he chooses with his money. This goes hand in hand with making charitable donations without the help of the media or news sites. People should ask themselves how much are they donating, before they comment on how much Floyd Mayweather is donating. Social media and news sites need to ask themselves are they putting their money where their mouth is? Many people bash celebrities for not donating enough, but who put society in charge of making the appropriate donation spectrum. Celebrities should not be bullied or pushed into donating any amount of money to a specific charity. The donation should be solely on the part of the donor and they should donate as much as they see fit.

Article was created by:

Tony Steiner – 4/17/2020

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