Sports

How Rich is Manny Pacquiao?

Name: Emmanuel “Manny” Dapidran Pacquiao
Born: December 17, 1978
Occupations: Boxer, humanitarian, politician, singer

Manny Pacquiao, 2011. Photo: inboundpass
Manny Pacquiao, 2011. Photo: inboundpass

The tough-but-tender warrior known to some as “Pac-Man” and to the rest of the world as Manny Pacquiao, hails from Kibawe, a small city in Bukidnon province of Mindanao, the second largest island of the Philippines. Mainly a practitioner of pugilism, the sweet science of boxing, Pacquiao also has many talents beyond his brawling abilities in the squared circle. Using these multifarious talents has made Manny a rich and generous man.

Pacquiao’s success was not necessarily a given. While growing up in General Santos City, his parents divorced while Manny was in the 6th grade. Though he completed grade school, he was forced to drop out of high school, as he and his five siblings and mother were living in crushing poverty. At only 14 years old, Manny boarded a ship bound for Manila, with hopes to train as a boxer. While living on the streets in Manila, he started boxing and soon joined the Philippine national amateur boxing team. With the Philippine government paying for his room and board, Pacquiao amassed an impressive amateur record of 60 wins and 4 losses.

Manny’s professional boxing career began when he was 16, against opponent Edmund Ignacio, and has continued on to win several high-profile bouts in the years thereafter, claiming world titles in a total of eight different weight divisions. As of this writing, Manny Pacquiao’s professional record stands at 57 wins, 6 losses and 2 draws.

Beyond the boxing ring, Pacquiao has affected his fellow man in a far less brutal way: by being a humanitarian, singer and elected official. Though initially losing his first attempt at running for a seat in the Philippine House of Representatives by Rep. Darlene Antonino-Custodio in 2007, he returned to politics two years later. Forming his own party, The People’s Champ Movement (Dwayne Johnson, take note), Pacquiao ran for a legislative seat in the Sarangani province and beat his opponent Roy Chiongbian in a landslide. Pac-Man took office there in May 2010, and was handily re-elected in 2013.

Though he serves up the sweet science, Manny also slings sweet sounds, and has released almost two albums’ worth of material, sung in both Tagalog and English. He’s not afraid of cameras either, having appeared in several films as well as starring in a Philippine sitcom called, fittingly enough, Show Me Da Manny.

According to Forbes magazine in 2014, Manny Pacquiao is number 11 on the world’s highest paid athletes list, having a net worth of $41.8 million.

How much is $41.8 million?

That’s a lot of bucks for this Phillippino belter, which probably makes it easier to provide for his five children with wife Jinkee Pacquiao, who is herself serving as vice-governor of Sarangani province. That wealth may be somewhat in danger, however, due to an upcoming $5 million dollar lawsuit brought by boxing fans in the wake of Pacquiao’s May 5, 2015 fight with Floyd Mayweather, as well as surgery to repair a torn rotator cuff that will sideline Pacquiao for at least a year.

Even with his main source of income sidelined for the time being, his bank account will allow Pacquiao to provide school supplies and food for the school children of Sarangani, as well his own children.

 

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