Pacquiao ranks 6th among highest paid athlete

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Forbes magazine released its list of highest-paid athletes in the world and among them is the Filipino boxing icon Manny Paquiao. Paquiao is one of the newcomers in the list who earned a total of $40 million in the past 12 months, including his earnings from his two blockbuster fights which garnered more than 2 million pay-per-view buys in the US making the boxing icon earned $30 million combined.

Manny Pacquiao ranks sixth among the highest paid athlete tying with NBA star Lebron James and golfer Phil Mickelson.

Pacquiao also earned more than $100 million on his fights against Oscar De La Hoya in December and Ricky Hatton in May via pay-per-view in US.

Among the top 5 highest paid athletes are:
1. Tiger Woods - Golf
2. Kobe Bryant - Basketball
Michael Jordan - Basketball
Kimi Raikkonen - Formula one Racer
5. David Beckham - Soccer

Visit Forbes.com for more list.