Celebrating $400M Success, Floyd Mayweather Calls MMA & Boxing Stars Into Action- “Make Smart Decisions”

It is hard to figure out whether Floyd Mayweather was more successful inside the ring or outside it after his retirement in 2017. The former five-division undefeated champion has a record that any other fighter would give everything up for. And even after that, despite retiring nearly a decade ago, the 48-year-old has constantly made headlines due to the extraordinary wealth he has amassed over the years with his smart investments and real estate know-how.

Earlier this month, the 50-0 boxer was again in headlines because of a $400 million business move that raised eyebrows. To promote the investment, Money Mayweather appeared on the Fox Business YouTube channel show ‘Making Money’ while sneaking in golden advice for every combat athlete in the world.

Floyd Mayweather reveals he had to learn on the go

During the show, host Charles Payne praised Floyd Mayweather for all the young talents in his boxing promotion. However, Payne then went on to express his disappointment with modern boxing. “I’m always frustrated. There’s not enough great fights against great fighters, promoters get in the way. Ten years ago, I interviewed Oscar De La Hoya. He said they were going to give pensions, none of that ever materializes,” Payne stated. With a calm and collected tone, Pretty Boy claimed that the promoters were just as at fault as the fighters.

“If I am able to put a fighter in position and push him to be greater, him or her to be great, I am here to help,” he stated. While making the fights falls on the shoulders of promoters, the active fighters have to manage their finances better in order to have a comfortable life once they are done with the sport.

Mayweather added, “But also, what’s very very important is for the fighters that’s out there, whether it’s MMA or boxing when your career’s over, you’ve got to make smart decisions right now.” According to the boxing legend, the fighters can’t depend on their promoters for financial aid all the time. Because, “I didn’t have a Floyd Mayweather to coach me, to walk me through the certain things on the outside. So, I had to learn it on my own,” he said.

Floyd Mayweather claimed that if it wasn’t for his friends and his team, he wouldn’t have been so successful after retirement. But not everyone can get that opportunity, so they have to take their chances at the earliest. The Grand Rapids native then cheekily inserted his real estate success into the conversation. “What we don’t talk about is, these young fighters investing in real estate. You can’t make money and spend money. You gotta make money and invest money, and that’s what I did,” stated Floyd Mayweather revealing his roadmap to financial success.

Well, if you are someone who has invested $400 million on one project, you are probably doing something right. And the younger stars in the making can certainly take a page out of Mayweather’s book.

A huge addition to the Mayweather portfolio

Earlier this week, Floyd Mayweather took to his ‘Instagram’ to reveal his latest real estate investment in New York’s Upper Manhattan area. The 48-year-old purchased 62 multifamily properties, comprising more than 1,000 units under his newly-formed real estate firm ‘VADA Properties.’

The New York Post reported that the Upper Manhattan portfolio holds a value of approximately $402 million. Although the location remains under wraps, Mayweather proudly declared on Instagram, “I own all the buildings.”

This is not the first major move as last year Floyd Mayweather sold a $22 million home in Miami, followed by a recent $12.5 million listing of his Las Vegas mansion in an effort to move his base of operations to NYC. The forming of VADA Properties was a move in that direction. However, the remarkable thing is that according to the fighter, “I am just getting started.” Judging by the speed at which he is expanding his real estate portfolio, we can expect another major move pretty soon.

What are your views on Floyd Mayweather’s investment advice? Is real estate the smartest investment for active fighters? Let us know your thoughts down below.