Former professional boxer Amir Khan has expanded his impressive $40 million net worth, according to Celebrity Net Worth. The 38-year-old first gained international recognition at just 17, securing an Olympic silver medal. His boxing career continued to thrive as he faced legendary opponents such as Zab Judah, Terence Crawford, and Canelo Alvarez.

Following his retirement in 2022, Khan has proven himself a savvy investor. Earlier this year, he developed a wedding venue, Balmayna, in Bolton, England, adding to his diverse portfolio. However, in a more recent splurge, the former IBF super lightweight champion revealed he had added another property to his impressive real estate portfolio.

Sharing a couple of videos of himself signing the documents for the purchase, Khan captioned the post, “God is great – another property added to my portfolio. Suffer/invest/profit.” While the exact details of the property remain unclear, Khan hinted at a new home acquisition in a story shared on his Instagram account.

Khan previously had bought homes in the UK and Dubai for himself, his wife, and three children. He also has an impressive car collection, which includes a $333,000 Lamborghini Aventador, a $286,000 Rolls Royce Phantom, and a $80,000 Range Rover.

However, coming back to Khan’s wedding venue, some reports suggest that operations aren’t running as smoothly as intended. 

Amir Khan puts wedding hall on sale

According to an August report from BBC, Amir Khan has put his luxury wedding and events venue, Balmayna, up for sale just three months after its launch in his hometown of Bolton. The former world champion boxer announced on social media, in a since-deleted post, that he is “looking to sell my wedding hall for £12.5 million.” 

The four-floor venue, which includes a car park for 200 vehicles and palm trees, has faced mixed reactions. While some praised the investment in the local area, others felt the 800-capacity premises looked out of place on Washington Street, surrounded by houses and vehicle maintenance firms.

Khan, who invested £10 million into the project alongside local businessman Mohammad Jaberansari, had hoped to improve the area and create jobs, with plans to recruit about 100 staff. Jaberansari commented, “These sorts of venues – you normally expect them near London, not in Bolton, but I would rather invest in my hometown.”

That being said, after struggling with a commercial property in his hometown, it appears Amir Khan has decided to stick to acquiring residential properties for now. Additional details about his new purchase are expected to trickle out in the coming days. What do you think about Khan’s new purchase?