Leonard Ellerbe is a popular businessman and entrepreneur from America. He is best known as the CEO of the boxing promotional firm “Mayweather Promotions”. He is also the monetary supervisor of the legendary boxer Floyd Mayweather. Today, let’s learn more about the career, biography, and net worth of Leonard Ellerbe in 2019.
Early Life & Biography:
Leonard Ellerbe was born on September 6, 1965, in Washington D.C. United States. His father used to clean other people’s car and his mother worked as a maid in the neighborhood.
Ellerbe along with his younger brother grew up in a two-bedroom flat in Northeast Washington. After completing his education he was enlisted in the U.S Air Force for a while.
Later, he left the Air Force and started training clients. Ellerbe started increasing his network in order to get new business deals because he knew he had to work hard more than his competitors since he did not have any traditional management degree.
Leonard Ellerbe is not married yet and there aren’t any rumors of him dating anyone in the past. He has been able to keep his private life away from the limelight.
Career, Awards & Nominations:
Leonard Ellerbe’s professional career kicked off when he met Floyd Mayweather’s family in Las Vegas. Mayweather was highly impressed by Ellerbe and wanted him to head his promotional firm. Hence, in 2007 Ellerbe was appointed as the CEO of “Mayweather Promotions”.
He handles a majority of the operations of the firm including accounting, finance and the day-to-day activities of different divisions of the company.
Ellerbe is considered the one who helped Mayweather to transform from the amateur boxer to a brand. He encouraged Mayweather to work on several television shows including Dancing with the Stars and WWE. Mayweather appearance on the biggest wrestling event “WrestleMania” helped him to increase his social media following significantly.
He was the one who worked hard to get Mayweather promotions a six-figure multi-million deal with Showtime.
Ellerbe helped Mayweather to just focus on his boxing which helped him to become the top-earning athlete across the globe.
Net Worth & Earnings:
Leonard Ellerbe has an estimated net worth of more than $120 million. This huge fortune is the result of the success of his boxing promotional firm.
In his tenure as the CEO, the company generated more than $700 million in revenue from just one boxing match. The company has also generated almost $1 billion in pay-per-view profits as of now.
The boxing match between Mayweather and Canelo Alvarez in 2013 helped the company to accumulate more than $153 million pay-per-view revenue.
Ellerbe’s firm also promotes several forms of live programs and events including live musical events, sporting events, film and television productions and theatrical events. His firm currently manages more than 20 professional boxers which are the most by any boxing promotional firm.
Leonard Ellerbe is one of the most renowned and influential businessmen in the world. Although he had a rough childhood, he was able to become successful through his constant hard work and determination.