Boxing: Pacquiao likes to give more than he receives

Boxer Manny Pacquiao, known as the people's champion in his native Philippines, says he has given away about $200 million on projects to help the less fortunate.

"Every income I receive in boxing, almost half of it goes to the less fortunate," Pacquiao said. "After each fight, half of my income goes to the poor

Manny Pacquiao and WBO welterweight champion Jessie Vargas pose during their official weigh-in at the Encore Theater at Wynn Las Vegas on November 4, 2016 in Las Vegas, Nevada. /AFP

"But I don't like to announce it."

According to Forbes, Pacquiao's income from career purses and endorsements is around $500 million.

Pacquiao has a number of projects underway in the Philippines including building 1,500 homes on the island of Mindanao. He also helped to buy a fleet of new boats for fishermen in a coastal community.

Pacquiao says he needs to keep fighting so he can continue the charity work that has done throughout much of his 21-year boxing career.

WBO welterweight champion Jessie Vargas poses on the scale during his official weigh-in at the Encore Theater at Wynn Las Vegas on November 4, 2016 in Las Vegas, Nevada. /AFP
Pacquiao was elected to the Philippine Senate in May. He sits on 15 committees, two of which he chairs. His Senate duties have meant he has only been able to train part-time for the upcoming fight against Jessie Vargas.

"I enjoy politics because I do not have a hidden agenda. I serve honestly," he said.

Boxers Manny Pacquiao, Philippines, and Jessie Vargas, USA, face off during their official weigh-in at the Wynn Las Vegas hotel in Las Vegas, Nevada on November 4, 2016. / AFP PHOTO

"That's a good thing for me because I'm not ashamed to tell the truth. I'm not ashamed to rebuke someone if they are doing wrong. Government is for serving the people, not for serving oneself."