A former boxing champion, Floyd Mayweather has bought a diamond wrist watch for a whopping sum of $18 million.

Mayweather, who made this known in a video he shared on his Instagram page called his latest purchase, The Billionaire Watch.

The jaw-dropping watch, designed by Jacob and Co. is made of 18-carat white gold, 260 carats of emerald-cut diamonds and individual stones up to three carats.

He wrote below:

This 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.

I bought this watch from the best jeweler in the world, hands down @tadashi1980. He has better prices than any other jeweler that I’ve ever done business with ever and trust me, I’ve bought jewelry from every jeweler in NYC, Vegas, LA, Detroit, Houston and Miami. From here on out I’m only buying from @tadashi1980 fire your jeweler and hire @tadashi1980 Follow his page now.

Watch below:

This 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. I bought this watch from the best jeweler in the world, hands down @tadashi1980. He has better prices than any other jeweler that I’ve ever done business with ever and trust me, I’ve bought jewelry from every jeweler in NYC, Vegas, LA, Detroit, Houston and Miami. From here on out I’m only buying from @tadashi1980 fire your jeweler and hire @tadashi1980 Follow his page now.

A post shared by Floyd Mayweather (@floydmayweather) on Jun 27, 2018 at 7:53am PDT

 

 

“This my new timepiece, it’s called ‘The Billionaire Watch,” Mayweather informed his Instagram followers. “If you don’t know about it, google Billionaire Watch. That’s $18 million on the price tag.”

Mayweather has been spending a pretty penny on gifts, lately, giving his teen daughter an enormous 30-carat diamond ring for her 18th birthday.

However, luckily for Mayweather, he’s also been on the receiving end of such gifts. As Page Six previously exclusively reported, Mayweather’s assistant gave him a custom paddleboard from Brittney Palmer for his 41st birthday.

The artist charged between $15,000 and $20,000 for the gift.