Floyd ‘Money’ Mayweather continues to cement his reputation as a savvy investor and business mogul. The former world champion and Olympic medalist has been making waves in the Miami real estate scene. The latest reports reveal that he had acquired a stake in the iconic Versace mansion, now known as ‘The Villa Casa Casuarina’.

The move follows Mayweather Jr.’s latest investment in high-profile projects, including a $10 billion venture and a $402 million stake in the Upper Manhattan housing market. He retired from professional boxing seven years ago. Nevertheless, Mayweather Jr. remains in the spotlight, not just for his boxing exhibitions but also for his savvy business ventures. Three months ago, the former world champion returned to the ring. In Mexico City, he fought an eight-round non-scoring exhibition bout against John Gotti III. It follows last year’s hugely controversial exchange that grabbed major headlines. The unbeaten boxing superstar’s focus now extends beyond the ring, particularly in the real estate sector, where he has been building an impressive portfolio.

Floyd Mayweather Jr.: A Stake in a Landmark

Floyd Mayweather Jr. shared a few details through an Instagram story. It was linked to a post from ‘clockednloaded’. The entertainment channel cited information received from ‘The Real Deal’. “Floyd “Money” Mayweather continues to make big moves in real estate—buying stake in the former Versace mansion, now known as The Villa Casa Casuarina,” their message read.

According to ‘The Real Deal’, a leading real estate news provider, Mayweather Jr. has entered a partnership to acquire a significant share in the historic property, now a luxury boutique hotel. The exact details of the deal remain undisclosed. However, it appears the Olympic bronze medalist secured a majority stake in the property valued at $150 million.

Originally built in 1930, the three-story, 23,462-square-foot mansion occupies a 0.4-acre property. It was once the residence of the legendary Italian fashion designer Giovanni Versace. Following his tragic passing in 1997, the mansion was transformed into a boutique hotel. According to the reports, the hotel features a restaurant, event spaces, spa, lounge, and pool.

Speaking about his involvement with the Versace deal, Floyd Mayweather reportedly told ‘The Real Deal, “I feel blessed to be a part of such an important piece of real estate.”

Mayweather Jr. and strategic sales and high-value deals

Mayweather Jr.’s real estate success doesn’t end here. Recently, boxing’s first and perhaps only billionaire sold a property on Miami’s Palm Island for $22 million and listed a mansion in his hometown of Las Vegas for $12.5 million.

Additionally, Mayweather Jr. is involved in a $10 billion project by 601W Companies. It includes eighteen office buildings across New York, Chicago, and Jersey City. Last month, Floyd Mayweather Jr. signed a $402 million deal for an apartment portfolio in New York. There are also reports of significant investments totaling over $100 million with SL Green, a major player in office real estate.

What qualities do you think have helped Floyd Mayweather Jr. excel as a businessman? Share your thoughts on how the skills he honed in the ring translate into his success in real estate and beyond.