Leonard Ellerbe Biography & Net Worth

Leonard Ellerbe Biography & Net Worth

Leonard Ellerbe is an American businessman who has is best known for being the chief executive officer of Mayweather Promotions. He is currently the financial manager of American boxing sensation Floyd Mayweather, and has made most of his fortune from closely associating with the athlete. Leo is credited with assisting boxers manage their fight proceeds more than they could in the past. He met Floyd in Las Vegas, Nevada when he himself was an amateur boxer. The two became associates and he started overseeing some of Floyd’s public meetings. He set up appearances for Floyd on WWE broadcasts as well as on the television series “Dancing with the Stars”. Leonard Ellerbe was raised in a low income family, but however luck shined on him when he met Floyd Mayweather and his life changed for the better. As the chief executive officer of Mayweather Promotions, other boxers he manages in the company include Jessie Vargas and Gervonta Davis. Further reading examines Leonard Ellerbe’s biography and his successful career through which he draws his million-dollar fortune.

Leonard Ellerbe’s Early Life

Leo was born in Washington, D.C, United States on 6 September 1965. He was born during the so-called ‘X generation’, and is of the African – American ethnicity. He was raised in a low income household in the city of Washington, D.C. His parents worked for a wage in order to provide for the family. While his mother cleaned homes for people, his father worked as a car washer. Life was generally tough for the family and things were not easy for Leonard and his younger brother Aaron Ellerbe.

He obtained his secondary education at Mount Si High School and later moved to the University of the District of Colombia for his tertiary education.

Leonard Ellerbe’s Career

Leonard started out as a boxer before he eventually met Floyd Mayweather and things changed for him. He rose into fame as soon as he became Floyd Mayweather Jr`s financial manager. He got connected to the professional boxer in Las Vegas even before both of them became well known. They met during a tournament both as boxers, but Floyd was an unpopular professional boxer while Leonard was an amateur boxer at that time.

As the two men became friends and associates, Leonard worked to raise Floyd’s status and make him famous. He also worked towards making him a financially stable athlete. He achieved this by making sure that Floyd appeared in multiple TV shows. Through featuring on shows like WWE and Dancing with the Stars, Floyd Mayweather became more famous and was able to garner much more fans from different countries of the world.

In 2007, Mayweather Promotions came into existence as a joint venture established by the two men. The company worked with several boxers and its main goal is to make the boxers focused on their careers, and also make them become financially independent. Floyd himself has grown immensely famous worldwide, and he owes much of his success and fame to Mayweather Promotions.

The company has helped star boxers like Jessie Vargas and Gervonta Davis, to mention a few. At present time, Leonard Ellerbe is the chief executive of Mayweather Promotions, and managing the company through this position has helped him prove his perfect entrepreneurial ability.

 Awards & Achievements

Now considered to be one of the most decorated entrepreneurs in the United States, Leonard Ellerbe started his career with the United States Air Force before becoming a boxer. He has made many great achievements in his lifetime despite not having much during his childhood days. He is credited as the man behind much of Floyd Mayweather’s fame and success. Since the company Mayweather Promotions was established in 2007, Leo has remained its chief executive officer and has managed several more successful boxers. Among his award records, Leo holds a Shadow League Award, presented to him by the AT&T DIRECTV in 2016. He has been seen in major telecasts in boxing, including the 2001 HBO boxing and the 2007 Sky Sports World Championships. He leads Mayweather Promotions in training upcoming boxers for forthcoming boxing tournaments, and he has done tremendously well over the years as Mayweather`s all-time advisor.

Personal Life & Family

Leo would rather keep his personal life private and not appear in the media when the topic is not about his career. He has been married to Thatcher Mavis for some years now and they have two children together. The family resides in Los Angeles, California, United States.

Leonard Ellerbe Net Worth

Due to his sudden success, there has been much estimation regarding Leonard Ellerbe net worth and salary from many online sources. Floyd Mayweather is considered to be one of the richest athletes in the world, and being chief executive officer and financial manager of the Mayweather Promotions means that Leo generates a good income. While his exact salary remains undisclosed, he owns several other businesses which contribute to his net worth which is currently approximated at $50 million.