Floyd Mayweather showed off 2 new diamond-covered watches on Instagram just 2 months after dropping

Floyd Mayweather is widely known as the "Money" man because he knows how to make it, but judging from his latest Instagram photos he also knows how to spend it.

Mayweather's motto in the gym has always been "hard work, dedication," and it looks like he is just as dedicated to spending and shopping as the 41-year-old showed off two shiny, diamond-encrusted custom watches on his Instagram account.

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The first is a diamond and gold watch, which also appears to double-up as a serpentine bracelet that wraps around his forearm.

... @ floydmayweather

The second watch, from luxury Swiss manufacturer Audemars Piguet, has also been customised with countless diamonds.

The timepiece is 41mm, so ... @ floydmayweather

Mayweather invited his Instagram followers to guess how big the accompanying ring was. He said: "The timepiece is 41mm, so how many carats is the ring?"

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Just two months ago Mayweather published photographs of an $18 million dollar watch, dubbed "The Billionare" by jeweller Jacob&Co, made of 18k white gold and finished with 260 carats of diamonds.

Though Mayweather is retired, he still has a number of income streams thanks to his strip club business, Girl Collection. He also has an emerging real estate empire and claimed he was working on One Vanderbilt— a skyscraper currently under construction in New York City.

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