The Champion boxer has everything money can buy but some say its too bad his money can’t buy him common sense as according to ESPN The Magazine, the "narcissistic pugilist" keeps $123 million in a single bank account.

The reason being that the FDIC (US Department in charge of Bank Deposit Isurance similar to Nigeria Deposit Insurance Commission) covers bank deposits up to $250,000. So if
Floyd’s bank ever goes under, the majority of his cash will go down with it.

A Yahoo Money journalist, Keown was with Mayweather in a Grand Rapids, Mich. Foot Locker when the boxer discreetly showed him his bank account receipt and said, “One account, baby.”

Keown writes: “I had heard that Floyd does his banking the old-fashioned way: going inside, talking to a real-life teller. He is also known to be a big proponent of maximum liquidity. Still, the amount of digits spread across the bottom-right corner doesn’t seem possible.”

Mayweather was the highest-earning athlete in the world from 2011 to 2012, making $85 million, according to Forbes.

It’s unclear what his exact net worth is, but it’s fair to assume that $123 million is a good chunk of it.

http://www.tutubranch.com/2013/09/Floyd-Mayweather-big-money.html

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