How much is Manny Pacquiao worth?
|Net Worth:||$375 Million
|Profession:||Professional Boxer & Senator|
|Date of Birth:||December 17, 1978|
Who Is Manny Pacquiao
Manny Pacquiao, the man, the myth, and most definitely the legend, is a professional boxer who has set boxing records and beaten his fair share of fighters. Not only has he fought and beaten many opponents, he has fought and beaten extreme poverty and a broken childhood home that burdened him throughout his youth.
His successes do not stop there.
Manny Pacquiao, being the multi-talented individual he is, is also a politician, a multi-millionaire who owns a Philippine Basketball Association Developmental League team (which goes by its much shorter name: PBA D-League, thank goodness), a moderately successful actor, and, last but not least, a colonel in the Philippine Army.
Now that you have got your bearings on who Manny Pacquiao is, the rest of this article will delve into how he achieved such great success, fame, and riches, even though he started out as a poor young man in the Philippines.
Manny Pacquiao has a net worth of $375 million dollars, as of 2020.
How Did Manny Pacquiao Get So Rich?
Manny Pacquiao’s riches came slowly.
After winning the WBC belt, he went on to win multiple other championships, which attracted a number of sponsors and endorsements.
The majority of Manny Pacquiao’s wealth is derived from his twenty-four Pay-Per-view fights, garnering a total of $1.25 billion in revenue alone. Interestingly enough, his fight against Floyd Mayweather in 2015 still holds the record for Pay-Per-View buys, with an astonishing number of 4.6 million. Boxers can only dream of getting less than a quarter of those numbers during the length of their whole career, and Pacquiao did it in one night.
Why Is He So Famous?
To trace back to the moment where Manny Pacquiao began to build the foundations of his future success, we have to go back quite a ways, all the way to his pre-adolescent years to be exact. Due to the extreme poverty he and his family faced in the Philippines, he had to drop out of high school; the financial burden on the shoulders of his mother and father forced the decision.
After watching the legendary bout between “Buster” Douglas and Mike Tyson–which ended up being a dramatic upset and Tyson’s first loss–Pacquiao was so impressed by the ability of an underdog to defeat the giant, he wanted to get into the sport of boxing himself.
Being just a twelve year old with nothing to lose, he joined forces with his uncle, Sardo Mejia, who became Manny’s first boxing trainer. Months and months of rigorous training in a small home gym resulted in Manny sharpening his skills enough to begin fighting other amateur boxers in a number of different cities.
At just fifteen years old and only three years of training and fights under his belt, Manny was labeled by many as the best fighter in the South Philippines. A year later, he made his professional boxing debut against Edmund Enting Ignacio. Manny Pacquiao won the fight, marking the beginning of his endless onslaught through professional boxing.
Manny Pacquiao became a household name after he won the World Boxing Council (WBC) flyweight belt in 1998, just three years after making his professional debut in the Philippines. After obtaining the WBC belt, he went on to beat twenty-two world champions–an accomplishment that nobody should sneeze at.
Now there is one fight that catapulted Manny Pacquiao to a whole different of fame–pushing his name into many more households that knew close to nothing about boxing–and the fight was between him and Floyd Mayweather Jr. Fans had been wanting this fight to happen for years and years, and when it finally did, 50 million people, in the United States alone, made sure to watch it.
What Makes Manny So Successful?
Manny Pacquiao’s ability to relentlessly push through adversity where others would throw in the towel is really the entire reason he is successful. In many successful people’s routes to fame you can usually point out one or two ways they got lucky, but that just is not the case with Manny.
After his parents divorced and he was forced to drop out of high school–of which he eventually went back to and got his GED–he worked his butt off with his uncle. Rain, sleet, and a tornado could be going on around him and he would still find a reason to get in the small gym with his uncle and work on his form or his endurance.
Another attribute of his that has made him so successful is his constant want to get out of his comfort zone.
For example, he had always been a fan of basketball; it was his way to stay in shape and have fun while he trained as a boxer. So he started mentioning to his buddies that he wanted to be a basketball coach for a PBA team. He then learned that to be the coach of a team, you had to be drafted by the PBA first. Once his friends and the public found out about him having to become drafted to satisfy his dream of being a coach, they scrutinized him, telling him things like, “You’re a boxer not a basketball player.” Being the person he is, he was quoted as saying, “It will serve as a challenge for me, they do not know what they are saying, I have also experienced this before I started boxing, but I proved them wrong.”
Manny Pacquiao went to the PBA as the 11th pic in the first round, and now owns a PBA D-League team: the MP Hotel Warriors. Quite an interesting team name if you ask me, but hey it’s still his.
Some people may think it’s impossible to name someone who is a colonel in the military, a multi millionaire, a professional boxer who has broken championship records, a basketball team owner, a former professional basketball player, a politician, and a former actor. But you and me? That question is the easiest thing to answer because we know who Manny Pacquiao is.
Through countless trials, Manny’s passion shown through. The man allowed nothing to stand in his way as he carved up his own path to becoming one of the greatest boxers of all time.
Whenever you get down about your future and have doubts about being successful, just think about the kid from the Philippines who worked day in and day out to become a professional boxer after he was forced to stop his high school education due to poverty. That kid is now a multi millionaire who holds the record for the largest single viewing number of a professional boxing bout in the history of boxing.
If he can do it, so can you.