- Floyd Mayweather inked a multi-million real estate deal in New York
- The boxing legend is planning to build houses for struggling families in the city
Floyd Mayweather Jr. reportedly closed a massive real estate deal in region of $402 million.
Big money for a big project
Mayweather has been retired from professional boxing but he has found different ways to continue making money. As a shrewd businessman, “Money” has embarked on a wide array of ventures and his latest is reportedly a colossal real estate deal in New York.
According to TMZ Sports, the boxing legend inked a $402 million deal which will see him owning about 60 buildings and more than 1,000 units all over the city. The report also noted that Mayweather is acquiring the properties mostly located in upper Manhattan from Black Spruce Management.
The outlet was also told that Mayweather is planning to provide affordable housing to less-fortunate families.
Floyd is always about breaking barriers
The 47-year-old did not reveal further intricate details of the said deal but he shared some nuggets of motivation to TMZ Sports.
“Growing up I used to dream about owning just one home by myself, when you work hard you can achieve anything,” Mayweather said about his new upcoming multi-million project.
As it stands, Mayweather is currently participating in exhibition fights. So far, “Money” has been undefeated in his exhibition boxing career. However, Mayweather’s latest exhibition match ended in a draw after he and John Gotti III went to distance in their epic rematch.