Here is how Warren Buffett bailed on Mayweather

American tycoon Warren Buffett insulted Floyd Mayweather before the undefeated boxer's fight on Saturday night, because the billionaire and his company had issues with the champion, weed and women.

Sources connected to both Mayweather and Buffett revealed that the entrepreneur had agreed to walk Mayweather into the ring, accompanied by Justin Bieber and Wiz Khalifa.

But the sources said that Buffett's company, Berkshire Hathaway, had problems with the spectacle, primarily because of a Mayweather documentary, 'All Access'. Buffett is featured in the flick with the American boxer and the very next scene shows Mayweather carousing with women while his posse rolls joints, TMZ reported.

The documentary reportedly did not sit well with Buffett's people they felt it reflected badly on their boss. Buffett agreed and bailed his plan to walk Mayweather into the ring.

After Mayweather found out that Buffett bailed he decided to walk out alone. Buffett still went to the fight and was with the boxer in his dressing room before the bout, the report added.