Floyd Mayweather Jr. stands true to his ‘Money’ moniker. The American boxer has splurged cash like you wouldn’t know and maintains a luxurious lifestyle. That’s not all. He is also smart with his money, as he continues to beef up his bank account despite hanging up his boxing gloves almost 7 years ago. He has diversified his revenue source and has zeroed in on real estate as his newest playground. The former world champion’s eye-popping $402 million real deal is a testament to it.

Mayweather Jr., 47, recently invested in the upper Manhattan area of New York City from Black Spruce Management’s Josh Gotlib. Notably, he bought more than 60 buildings featuring over 1,000 units of affordable housing space, with the overall price of the investment totaling up to $402 million. Talking about his deal, he told TMZ Sports, “Growing up, I used to dream about owning just one home by myself; when you work hard, you can achieve anything.”

Mayweather Jr., at 50-0, then turned to his Instagram Story and showcased his plaque commemorating the deal. In addition, the fans could notice bundles of dollar bills on the table as he proudly showcased the plaque card. What’s more? He also had a Hermes Himalaya bag on his next chair. And, to celebrate this incredible moment—he gifted himself a white Dior bag, which he pulled out of a designer box on the table.

In his Instagram Story, Floyd Mayweather explained, “I’m having fun, living life, making power moves every day. As you guys can see, see my plaque right here for my buildings. Check it out. Truly, truly blessed. Hustling hard, making power moves. That’s what I do. Always got to treat myself a little gift. You guys seen this? Himalaya. Just what we do another one-Dior. Money made, and you guys know the rest.”

The Real Drop reported that Mayweather Jr. wanted to provide affordable housing, and that’s the reason behind his $402 million investment. This deal deeply resonates with him as he grew up in a one-bedroom apartment in New Brunswick, New Jersey. But now, he has emerged as one of the biggest property dealers in New York City.

Floyd Mayweather Jr: Started from the bottom

The Michigan native has slowly ventured into real estate as he diversified from luxury beverages and fight purses. He has already put money into nine skyscrapers in 2022, alongside the office giant SL Green. Besides, Mayweather Jr. is also a part of SL Green’s casino bid in Times Square. When you look at his housing portfolio, he owns a $10 million Las Vegas mansion and a $23 million Miami Beach house.

Interestingly, the 15-time world champion has listed his LA home for $48 million, which he had bought for $25 million back in 2017, making a profit almost twice the initial investment. He also doesn’t shy away from showcasing his houses on his social media houses. Therefore, he is now expanding his base and continues to make waves in the real estate sector.

What do you make of this Floyd Mayweather Jr. gesture? Let us know in the comments below.