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Economy Sports USA

Floyd Mayweather Expands His Real Estate Portfolio with Prime Manhattan Property

Floyd Mayweather Expands His Real Estate Portfolio with Prime Manhattan Property
NBAE via Getty Images
  • PublishedDecember 26, 2024

Boxing legend Floyd Mayweather has made another significant addition to his growing real estate empire, acquiring a prominent building in Midtown Manhattan, the Daily Mail reports.

The property, located on the southeast corner of Sixth Avenue and 47th Street, stretches nearly a quarter of a block and features offices, jewelry storefronts, and a large billboard.

Mayweather reportedly purchased the building for $20 million, drawn to the site due to his past experiences shopping at luxury stores along the same block.

“I used to shop in the diamond exchange as a young adult,” Mayweather shared with TMZ. “I never thought I would end up owning this important property at the entrance of 47th Street. Through hard work and dedication, anything is possible.”

The building occupies a prime location just a few minutes east of Broadway and three blocks south of iconic landmarks like Radio City Music Hall and Rockefeller Center, making it a valuable addition to Mayweather’s extensive real estate holdings.

This purchase is part of Mayweather’s ambitious real estate acquisition spree, which began in October with the purchase of 60 buildings in New York City valued at over $400 million. Just last month, he added the famed Versace Mansion in Miami to his portfolio. These high-profile investments contribute not only to his already impressive net worth—estimated at $1.5 billion—but also bolster his personal brand.

Mayweather’s foray into real estate comes years after he retired from professional boxing following his celebrated 2017 victory over Conor McGregor. Widely regarded as one of the greatest defensive boxers in history, he continues to channel his determination and discipline into building wealth outside the ring.

Written By
Joe Yans