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

Discussion in 'Cageside - MMA Discussion' started by MMAPlaywright, Aug 9, 2019.

  1. MMAPlaywright

    MMAPlaywright First 100
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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

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    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
     
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  2. RaginCajun

    RaginCajun I Like Gifs

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  3. jason73

    jason73 best wishes to all, even the haters and losers
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    100 mil usd = 1 billion irish shekels
     
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  4. Tom Terrific

    Tom Terrific Life Goal = Smoke bowl with Tom Brady

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    He's absolutely a billionaire
     
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  5. Outlaw Shit

    Outlaw Shit No Comment
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    It's a helluva drug
     
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  6. Tiiimmmaaayyy

    Tiiimmmaaayyy First 100 ish

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    1 billion U.S.? Nah.
     
  7. Ricky Bobby

    Ricky Bobby I apparently look like a Jewish accountant

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    He’s a hundredaire after paying out for ridiculous actions

    Begging for anover fite
     
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  8. Wild

    Wild TMMAC's Most Handsome Admin
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    No way. Not even close. I’d guess his net worth is somewhere around 50 million.
     
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  9. Tom Terrific

    Tom Terrific Life Goal = Smoke bowl with Tom Brady

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    He made $100 million for the Floyd fight, goof.
     
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  10. Suicidalforlife

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    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.
     
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  11. Wild

    Wild TMMAC's Most Handsome Admin
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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.
     
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  12. Outlaw Shit

    Outlaw Shit No Comment
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    plus a hefty settlement for his alleged sexual assault
     
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  13. Suicidalforlife

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    If it was settled, can take a long time for the DPP to press charges.
     
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  14. Tom Terrific

    Tom Terrific Life Goal = Smoke bowl with Tom Brady

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    60% for taxes and management fees?

    Uh yeah no, bro
     
  15. Suicidalforlife

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    Upper bracket here is 50%
     
  16. Tom Terrific

    Tom Terrific Life Goal = Smoke bowl with Tom Brady

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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).
     
  17. Suicidalforlife

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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.
     
  18. Tom Terrific

    Tom Terrific Life Goal = Smoke bowl with Tom Brady

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    Yet you allow Facebook use the country as a tax haven from countries like France smh
     
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  19. Suicidalforlife

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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.
     
  20. Suicidalforlife

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    Double Irish is nearly dead. We will see what happens when it expires entirely.
     
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  21. Tom Terrific

    Tom Terrific Life Goal = Smoke bowl with Tom Brady

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    Terrible post
     
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  22. Suicidalforlife

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    Trolling then, no worries.

    Continue on.
     
  23. RaginCajun

    RaginCajun I Like Gifs

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    He is funny at times especially if you know the game.
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  24. Suicidalforlife

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    Ah I see through it fairly easily, any grown man, even a pathetic one, can't be that much of a sycophantic bitch.
     
  25. Tom Terrific

    Tom Terrific Life Goal = Smoke bowl with Tom Brady

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    Oh yes I can
     
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