“[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.”
He then discussed the threat that he believes giving too much money to charity can cause.
“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 goes on to say that he should be able to do whatever he wants with his earnings, such as using it to provide for himself and his family.
“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.”
According to Celebrity Net Worth, Mayweather, 37, is worth $170 million. Mayweather also has a charity, The Floyd Mayweather Jr. Foundation, in which the foundation declares to help underprivileged youth in Las Vegas, Nevada.
Recently, Mayweather has been in the news for reportedly spending $50,000 for rapper Nicki Minaj to appear at his daughter’s birthday party.