Watch fanatic Floyd Mayweather pays $18m for piece by Jacob & Co

Undefeated former boxing champion, Floyd Mayweather Jr, has paid $18m for a timepiece designed by Jacob & Co.

Dubbed ‘The Billionaire Watch’, Mayweather announced his striking new purchase on his Instagram account.

In the caption of the post, Mayweather says: “This is my new timepiece, it’s called ‘The Billionaire Watch’, if you don’t know about it, google Billionaire Watch. That’s $18 million on the price tag.”

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Mayweather bought the watch from Tadashi Fukushima, calling him “the best jeweler in the world.”

The timepiece was created by New York-based celebrity jeweler, Jacob & Co. It features 260 carats of emerald cut diamonds and individual stones worth up to three carats. The timepiece is 12.2mm thick with a 58mm by 47.5mm diameter.

Mayweather is not only famed for his illustrious boxing career but also, as his nickname states, for his relationship with money.

Floyd ‘Money’ Mayweather recently topped Forbes’ list of this year’s highest paid athletes with an annual earn of $275m, beating Lionel Messi to the number one spot who earned just $84m.

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