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Floyd Mayweather’s real estate investment portfolio includes nine skyscrapers, including New York City’s tallest building.

ByEditor

Nov 30, 2021

During his boxing career, Floyd Mayweather Jr. achieved a 50-0 record with 27 knockouts. He has beaten well-known boxers including as Oscar De La Hoya, Manny Pacquiao, and Canelo Alvarez. His most recent official bout, a 2017 win against Conor McGregor, earned him more than $300 million. Floyd earned $35 million in his most recent unofficial bout, a win against Logal Paul.

Floyd Mayweather’s lifetime earnings exceed more than $1.1 billion. Floyd Mayweather’s net worth is $450 million as of this writing.

Though Mayweather has stepped out of retirement on many occasions, he is now focusing on a new goal: increasing his real estate holdings.

 

 

 

Getty Images/Ethan Miller

Mayweather disclosed in a recent interview that he is an investor in a real estate corporation that owns nine skyscrapers, including One Vanderbilt, a 93-story skyscraper in Manhattan. One Vanderbilt is New York City’s highest skyscraper. The construction of One Vanderbilt cost $3.31 billion, and it opened in September 2020, with the observation deck opening in October 2021.

SL Green Realty Corps created and manages One Vanderbilt. Floyd was revealed as a “significant” private investor in the business during SL Green’s 2014 shareholder conference. Floyd owns little sections of his nine skyscrapers in this manner.

Though One Vanderbilt is officially open, it took a long time to get there. Initial plans for a tower on the site were unveiled in 2012, but work was put on hold for many months when a zoning change for the area failed in 2013. A groundbreaking ceremony was held in the autumn of 2016, and the skyscraper is scheduled to be finished on September 17, 2019.

The building’s exterior mirrors that of the adjoining Grand Central Terminal, and it houses a bank branch, a train terminal, a restaurant, and the Summit observation deck. It’s hardly surprising that Mayweather wants a piece of New York City’s highest tower, given that he already lives in a magnificent custom-built house in Las Vegas.

Mayweather’s 22,000-square-foot estate has a golf course, crystal chandeliers, crimson silk walls, a two-story-high movie theater, and touch-screen video games on the kitchen counter. Whatever level of luxury you want, the house is certain to provide it.

The boxer has previously said that he hopes to make $1 billion through real estate investments. Mayweather has additional New York City holdings in addition to his residence and One Vanderbilt, as well as at least one property in Los Angeles valued $25 million. He’s also dabbled in gambling and strip club ventures.

More investments in Mayweather are expected in the following years. Meanwhile, the view from the top of New York City seems to be spectacular.