Retired ring king Floyd Mayweather Jr. has bought his son a Mercedes-Benz C-Class Coupe for his 16th birthday, according to Bleacher Report. The starting price for the luxury car is $39,400.

Mayweather, also known as "Money," showed how generous he is by posting on Instagram a picture of himself with his son Koraun posing beside the luxury car.

The retired boxing legend is an admirer of luxury cars and an avid car collector, having dropped $3.5 million on the 2015 Bugatti Veyron Grand Sport Vitesse earlier this year.

The 38-year-old undefeated champion bought his son a Bentley golf cart for his 15th birthday last year, noted the Daily Mail. He posted a photo on Instagram with the caption, "Stay on the look out for his gift for his 16th birthday."

Mayweather updates his social media accounts regularly with pictures of of his lavish lifestyle, noted the Bleacher Report.

The retired ring king has an estimated net worth of $400 million, according to Celebrity Net Worth.

See Now: OnePlus 6: How Different Will It Be From OnePlus 5?