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Former 5 division champion and boxing great Floyd Mayweather might go down as one of the most influential athletes of his generation on and off the court. As his name suggests ‘Money’ is a savvy businessman along with being one of the best boxers ever. This has turned him into a role model for all athletes that will now follow in his footsteps.
However, despite being the richest boxer in the world it seems Mayweather is still expanding on his wealth as he revealed a new project that could earn billions over the course of a year.
Floyd Mayweather reveals his latest business project worth millions
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In an interview, Mayweather revealed that he has invested in luxury properties across New York, as he looks to get into the real estate business. Moreover, he stated that these investments could earn him over $300 million in just one month which amounts to $3.6 billion a year. However, he added that all of his investments were not fully funded by him.
Floyd Mayweather reveals his new real estate investment will generate $300 Million per month 😳💰 pic.twitter.com/tohm1DQDGe
— Daily Loud (@DailyLoud) December 31, 2022
“In 36 months of course, with one of my new investments, I would make $300 million a month. Just real estate, I’m heavy on real estate even though I got my own liquid, that means cash for those of you who don’t know, I’ll break it down in Lehman’s terms. I got a lot of cash. OPM(Other People’s Money). You don’t always have to use your own money.” he said
Read More: ‘The IRS Gonna Love This’: Floyd Mayweather’s $3.6 Billion Confession Goes Viral
While Mayweather might have distributed his investments he also distributed the risk that comes with investing. Moreover, if “Money’ can be taken for his word, this investment would yield him more money than the highest-paid soccer player Cristiano Ronaldo will make in a year.
Floyd Mayweather’s investment compared to Cristiano Ronaldo’s earning
It was revealed that the Portuguese player is set to earn $214 million this year. Moreover, he is over $150 million clear of the next highest player Kylian Mbappe. The rise in Ronaldo’s salary could be attributed to his last move to the Saudi club Al-Nassr from Manchester United.
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USA Today via Reuters
Jul 10, 2022; Las Vegas, NV, USA; Floyd Mayweather smiles at an NBA Summer League game between the Charlotte Hornets and the Los Angeles Lakers at Thomas & Mack Center. Mandatory Credit: Stephen R. Sylvanie-USA TODAY Sports
Ronaldo has signed a two-and-a-half-year deal with the club, which has showered him with ridiculous amounts of money. However, this still pales in comparison with Mayweather’s earnings showing how business can be used to add wealth for athletes.
What did you think about Mayweather’s earnings compared to Ronaldo’s? Let us know in the comments.
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