Paulie Malignaggi is an American professional boxer, commentator and a current bare-knuckle boxer with an amazing net worth of $5 million. He is the two-times world champion of Junior Welterweight division.
He has won his first 21 fights in 2001 and has played altogether 44 fights where he won 36 matches and has lost 8 fights. He is also known as durable chin, fast hand speed and mostly known for his athleticism.
Net Worth and Income Source
Paulie Malignaggi's most earnings are from being a boxer as he been in the boxing field for 16 years and has accumulated $5 million.
Apart from his boxing career, he owns many clothing lines, he is a commentator in many boxing matches, appeared in many Magazine, has endorsed many brands and company and has worked in movies and television shows like Undefeated, Omenta, Blue Bloods, The Neighborhood and more.
Earning as Boxer
Malignaggi's main source of income is from his boxing career as he has earned $1.25 million as prize money from winning a fight against Boner and has won 36 fights. He has also signed a contract with Golden Boy Promotion in 2010. He was named as a pro in the boxing world after his first 21 fights in 2001 and in 2007 he won the first IBF Light Welterweight Championship with the close point of 120-126.
Then he lost with Ricky Hatton which led him to lose his title of IBF Light Welter Weight Championship in 2010. Later he started fighting in the Welter Weight division and won all the matches until his retirement.
On March 6, 2017, he announced his retirement from boxing at the age of 36 by ending his 16 years professional career. After retirement, he has been working as a boxer commentator and analyst for different boxing matches in Showtime, Fox Sports 1, British network, Sky Sports and many more.
He is also the trainer of Conor McGregor from which he is earning a good amount of wealth. McGregor himself has a net worth of $110 from his UFC career and business.
Recently he has signed a contract with Knuckle Fighting Championship in 2019 and made his debut after his retirement by fighting against Artem Lobov.
Drives Ferrari Car
He has a collection of many luxurious expensive cars some of his collection includes Ferrari F430 which costs $200,000, Mercedes Benz worth $50,000 and a Maserati Quattroporte which price is $105,000
Big Brand Endorsement
Paulie Malignaggi has been on many magazines like Esquire, High Hefner's playboy and has appeared in many commercials. He has endorsement agreement with brands and companies like Fashion Nova, Humane, Future Legend apparel, Carousel and many more.
He is the owner of many clothing lines, Future Legend Apparel, automobile restyling center, Carousel Autobody Inc.
Malignaggi supports a Charity campaign NBA All-Star Deron William's Dodge ball tournament which raises money for people to fight against autism. He has donated up to $25,000 to Knockout Obesity supporting youth and adult nutritional and physical education outreach programs.