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Floyd Mayweather Aims To Help Athletes Build Generational Wealth Through A $250M Investment Partnership

Floyd Mayweather has added yet another notable investment to his growing portfolio. Shortly coming off of being welcomed into NASCAR as an official team owner alongside Michael Jordan, the business heavyweight is now linking with a fellow athlete in commercial real estate. Through the partnership, Mayweather aims to build on his goal to make $1 billion through the industry. Mayweather has joined baseball legend Alex Rodriguez as an investor in global investment management firm CGI Merchant Group’s $650 million Hospitality Opportunity Fund, according to Forbes. “Over the years, Mayweather’s savvy investment decisions have made him a notable figure in business fueled by the desire to create a platform of financial independence for the people and communities around him, this desire is directly aligned with my own vision for CGI to be a vehicle for this type of change,” CGI Founder and CEO, Raoul Thomas, said in a statement. Mayweather’s onboarding as an investor is a part of the CGI...

Ngozi Nwanji

Mar 1, 2022