Conor McGregor said he's a billionaire in an Instagram post, but it's unlikely

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MMAPlaywright

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Conor McGregor said he's a billionaire in an Instagram post, but it's unlikely that's even close to being true



Conor McGregor is now a billionaire, the UFC fighter proclaimed in an Instagram post on Thursday.

"I fought for billionaires and then became one myself," the Irishman said alongside a photo of him doing his "billionaire strut" in the middle of a UFC octagon ahead of his iconic fight against Khabib Nurmagomedov at UFC 229 last year.

The fighting-for-billionaires reference is a nod to UFC executives like former CEO Lorenzo Fertitta, who is worth $1.8 billion, according to Forbes.

Fertitta and his brother, Frank Fertitta III, bought UFC for $2 million in 2001 and sold the company for $4 billion in 2016.

Dana White, the company's president, retained his role under the new ownership and made $400 million from the deal, the Los Angeles Times reported in 2017.

It's unlikely McGregor's claim is even close to being true though.

In Forbes' 2019 ranking of the 100 highest-earning celebrities on the planet, McGregor was 65th, with $47 million banked.

McGregor's highest payday was the approximately $100 million he earned for his 10th-round loss to Floyd Mayweather in his sole boxing-rules bout in 2017.

He has had one fight since, the fourth-round submission loss to Nurmagomedov, his UFC lightweight rival, which made him $30 million richer, Forbes said.

McGregor does have other income streams. His popular Proper No. Twelve whiskey brand had already sold close to 200,000 cases when Business Insider spoke with McGregor's business partner Ken Austin earlier this year.

He also has a burgeoning clothing line, August McGregor, as well as a company, McGregor Sports and Entertainment, used to register trademarks that protect his personal brand — it sells the MacTalk app on the Apple App Store and runs the news website The Mac Life.

It is unclear when, if at all, McGregor will return for another multimillion-dollar fight in a UFC octagon. But Austin told Business Insider that Proper No. Twelve would release further expressions as it looks to close the gap with the leading Irish whiskey brand, Jameson.

Conor McGregor said he's a billionaire in an Instagram post, but it's unlikely that's even close to being true
 

Robbie Hart

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Feb 13, 2015
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He’s a hundredaire after paying out for ridiculous actions

Begging for anover fite
 

Wild

Zi Nazi
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No way. Not even close. I’d guess his net worth is somewhere around 50 million.
 

BenAskrensStrikingcoach

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No way. Not even close. I’d guess his net worth is somewhere around 50 million.
I love when retards make claims that can be easily refuted, everybody can see how much shit whiskey he sold.

Hes on the Maywether style promotion again.

"Money" was broke and claiming to still be rolling in it, why can't Conor, stole the rest of his blueprint and it earned him over 100 million, might as well keep at it.

This is him squeezing back into the headlines for this supposed Aldo rematch, or what ever fight hes coming back for.
 

Rambo John J

Eats things that would make a Billy Goat Puke
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Let’s say he did. He cleared about 40 after taxes, managers cut, etc. How much of that did he blow? 10 million on cars, jewelry, clothes, etc? So he may have 30 of that in net worth? Maybe.
plus a hefty settlement for his alleged sexual assault
 
M

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Let’s say he did. He cleared about 40 after taxes, managers cut, etc. How much of that did he blow? 10 million on cars, jewelry, clothes, etc? So he may have 30 of that in net worth? Maybe.
60% for taxes and management fees?

Uh yeah no, bro
 

BenAskrensStrikingcoach

Formerly formulating formally
Jan 30, 2015
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Unless your country has retarded double taxation laws for overseas citizens like my country does, he wasn't taxed on the money in Ireland bc he made it in the U.S. (Nevada).
Thats true, fight was in Nevada, although he would have to pay taxes on it here regardless, if it is declared earnings and he spends the majority of his time in the country.

Also massive capital gains tax here as well.
 
M

member 3289

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Thats true, fight was in Nevada, although he would have to pay taxes on it here regardless, if it is declared earnings and he spends the majority of his time in the country.

Also massive capital gains tax here as well.
Yet you allow Facebook use the country as a tax haven from countries like France smh
 

BenAskrensStrikingcoach

Formerly formulating formally
Jan 30, 2015
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If you are trying to argue that McGregor is a billionaire and are not trolling, you need your head examined man.

You really don't seem to be that stupid, although maybe you can't grasp what is going on here, did you start watching the sport when McGregor was on his hot streak?

Its called hyperbole, its what hes good at.

It is also fake it to make it 101, his entire mantra to get him where he is now.
 
M

member 3289

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If you are trying to argue that McGregor is a billionaire and are not trolling, you need your head examined man.

You really don't seem to be that stupid, although maybe you can't grasp what is going on here, did you start watching the sport when McGregor was on his hot streak?

Its called hyperbole, its what hes good at.

It is also fake it to make it 101, his entire mantra to get him where he is now.
Terrible post