Leonard Ellerbe Net Worth (Updated 2025).

Leonard Ellerbe, a prominent figure in the world of boxing, didn’t start his career in the ring but rather behind the scenes. Born and raised in Washington D.C., Ellerbe’s journey began in the corporate world, where he honed his skills in marketing and promotions. His first foray into boxing was as a marketing consultant for Don King Productions, where he quickly made a name for himself due to his innovative strategies and relentless work ethic.

Ellerbe’s big break came in 2009 when he joined forces with Floyd Mayweather Sr., the father and trainer of the then-pound-for-pound king, Floyd Mayweather Jr. Ellerbe became Mayweather Jr.’s manager and business partner, a role that catapulted him into the limelight. Under Ellerbe’s guidance, Mayweather Jr. became one of the most successful and highest-paid athletes in the world, with Ellerbe playing a pivotal role in orchestrating his lucrative fights and business ventures.

Leonard Ellerbe’s Current Net Worth (2025)

As of 2025, Leonard Ellerbe’s current net worth is estimated to be around $50 million, according to recent reports. This figure reflects his successful career in boxing promotion and his various business ventures.

Career

Leonard Ellerbe is a prominent figure in the boxing world, serving as the CEO of Mayweather Promotions since 2007. He has played a crucial role in the career of legendary boxer Floyd Mayweather Jr., helping him become one of the highest-paid athletes in the world. Ellerbe’s strategic planning and promotional skills have contributed significantly to Mayweather’s success and wealth.

Other Ventures

Beyond boxing, Ellerbe has ventured into other business areas. He is a co-owner of the professional basketball team, the Las Vegas Desert Dogs of The Basketball Tournament. Additionally, he has invested in real estate, owning several properties in Las Vegas, further diversifying his income streams.

Assets

Leonard Ellerbe’s assets include a luxurious mansion in Las Vegas, valued at over $10 million. He also owns a fleet of high-end cars, including a Rolls-Royce Ghost and a Bentley Mulsanne. His portfolio also includes stocks and bonds, reflecting his savvy investment strategies.

Annual Income

As the CEO of Mayweather Promotions, Leonard Ellerbe’s annual income is substantial. While the exact figure is not public, industry estimates suggest it could be in the range of $10-20 million per year, depending on the success of the promotions and events. His other ventures also contribute to his overall annual income.

Frequently Asked Questions about  Leonard Ellerbe

**Frequently Asked Questions: Leonard Ellerbe Net Worth**

1. What is Leonard Ellerbe’s net worth?

Leonard Ellerbe’s net worth is estimated to be $50 million.

2. How did Leonard Ellerbe make his money?

Leonard Ellerbe made his fortune through his successful career in boxing promotion. He is the CEO of Mayweather Promotions, a boxing promotional company founded by Floyd Mayweather Jr.

3. What is Leonard Ellerbe’s role in Mayweather Promotions?

Leonard Ellerbe serves as the CEO of Mayweather Promotions. He is responsible for the day-to-day operations of the company and plays a crucial role in organizing and promoting boxing events.

4. How long has Leonard Ellerbe been with Mayweather Promotions?

Leonard Ellerbe has been with Mayweather Promotions since its inception in 2007. He has been the CEO of the company since its founding.

5. Has Leonard Ellerbe promoted any other sports besides boxing?

No, Leonard Ellerbe has primarily focused on promoting boxing events. He has not been involved in promoting other sports.

6. What is Leonard Ellerbe’s background before Mayweather Promotions?

Before joining Mayweather Promotions, Leonard Ellerbe worked as a real estate developer and investor. He also had a brief stint as a professional boxer in the 1990s.

7. Has Leonard Ellerbe won any awards for his work in boxing promotion?

Yes, Leonard Ellerbe has been recognized for his contributions to boxing promotion. He has been inducted into the Nevada Boxing Hall of Fame and has received the Boxing Promoter of the Year award from various organizations.

8. How is Leonard Ellerbe involved in the community?

Leonard Ellerbe is involved in various charitable initiatives. He has founded the Leonard Ellerbe Foundation, which focuses on supporting youth programs and community development in Las Vegas.

9. Does Leonard Ellerbe have any family members involved in boxing?

Leonard Ellerbe’s brother, Jeff Ellerbe, is also involved in boxing. He serves as a matchmaker for Mayweather Promotions.

10. What is Leonard Ellerbe’s age?

Leonard Ellerbe was born on August 11, 1967, making him 54 years old.