Floyd Mayweather Makes World’s Richest Athletes Look Poor With ‘$20 Billion’ Announcement

If there is one boxer who never goes wrong with his financial investments, it’s the crown prince of boxing, Floyd Mayweather Jr. The former champ is well known for minting money both inside the ring and outside. In fact, Mayweather recently opened up about a USD 20 billion deal that he is working on.

Mayweather was talking to Jabari Young of Forbes. In conversation, Young asked him about the turning point in his life as a businessman and if his manager, Al Haymon, was an inspiration. Mayweather nodded in agreement while also adding that Haymon was a father figure for him.

However, he also mentioned that there were a few things that he wished to achieve financially. Mayweather said, “You know, just as far as when I wanted to be the highest-paid fighter, he said did we do it? I said yes. When I wanted to be the highest-paid athlete, did we do it? Yes.”

Moreover, Mayweather stated that his business partner, Andrew Mathias, got him into the New York real estate scene. It is said that Mathias told him that boxers make money only while fighting. Meanwhile, in real estate, he could make money as he sleeps. He further added, “Now I own nine skyscrapers. I’m constantly building, building. I got hotels all around the country. And, right now what I’m working on right now, is with my business partners from Miami. We’re working on a 20 billion dollar deal.”

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Mayweather, however, added that he does not wish to reveal the nature of the project at the moment.

Floyd Mayweather makes the richest athletes look poor

Twenty billion dollars is an unimaginable amount of money for regular people. However, it should be mentioned that he made many rich athletes look poor with the 20 billion dollar announcement.

It is worth noting that Mayweather is not the only moneymaker in the sporting world. The list includes notable names like Tiger Woods, Cristiano Ronaldo, Roger Federer, and LeBron James, among others. In fact, NBA legend Michael Jordan is worth a whopping USD 2.2 billion.

However, Mayweather’s investment prowess might just blow these athletes out of the game.

Mayweather’s impressive real estate game

There is no denying that Mayweather has a penchant for intelligent investments. In fact, he also has a mind-blowing real estate portfolio to match his investment drive.

It was reported that he has 9 skyscrapers to his name. Moreover, it also includes one of New York City’s tallest behemoths, the 93-story One Vanderbilt in Midtown Manhattan. Mayweather further widened his real estate horizons by investing in CGI Merchant Group’s $650 million Hospitality Opportunity Fund.

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What are your thoughts on Mayweather’s investments? Share your thoughts in the comments below.