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The sport of boxing has evolved. From the days of Jack Johnson to the era of Muhammad Ali, there has always been considerable momentum around boxing matches. And who can forget the ’90s that gave us the roller coaster that is Mike Tyson? However, you can’t have a whole conversation about the sport without mentioning the living legend, Floyd Mayweather. According to ESPN, Floyd Mayweather is the highest-grossing boxer of all time. Known as “Pretty Boy Floyd” in his early years, Mayweather entered the sport in 1996 and, in his 18 th professional fight, defeated the late Genaro Hernandez in the eighth round to win his first title and take the WBC super featherweight belt. He would go on to dominate his division, finishing his career with 50 wins, zero losses, and five division championships. His impact in the boxing ring earned him a spot in the Nevada Boxing Hall of Fame. During his acceptance speech, Mayweather told the adorning crowd that his best investment was using $750,000 to...
IRS issues are actually a lot more common than you think. According to Jackson Hewitt, statistics show that people are more likely than not to run afoul of the taxman. Each year, nearly 30 million taxpayers will receive some sort of penalty from the IRS for failing to file their taxes correctly. As of 2019, more than 20 million people owe taxes to the IRS but cannot pay them. And millions of people, each year, either under-report their taxes or make a math error on their taxes — which, of course, results in more penalties and fees. If there’s one thing the IRS is going to do, it’s get the money that you owe them! In this regard, too, celebrities are just like us when it comes to IRS issues. We’ve all heard at least one story of one celebrity who has been slapped with a gobsmackingly large tax bill. And while many of these issues can be resolved with a good attorney and a reasonable proposal to the omnipresent government agency, it can still be distressing when a tax lien comes to...
Floyd Mayweather is always where the money resides. The boxing elite recently gave a fan $100,000. The lucky winner was able to tap into the opportunity through a giveaway hosted by Mayweather. To qualify, users had to like, retweet, tag five friends in the comment section, and join the Mayweverse Discord. The opportunity drew in over 75,000 discord members in a week, TMZ reports. The winner was chosen at random and ultimately the cash prize went to Instagram user f.ali04. For the launch of my NFT Project @Mayweverse I’m giving away 100,000$ 🎁💰 To win the 100,000$ in cash: 1️⃣ Follow @mayweverse 2️⃣ Like and RT 3️⃣ Tag 5 Friends 4️⃣ Join the Discord : https://t.co/LonXCkrccZ The winner will be announced in 72 hours Good Luck 🥊 pic.twitter.com/fAlTmSLPyE — Floyd Mayweather (@FloydMayweather) March 23, 2022 “When you are associated with Floyd and his businesses anything can happen on any given day that will change your life,” James McNair, President of The Money Team said, according to TMZ....
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...
Floyd Mayweather is on a new wave. Floyd Mayweather welcomes a new stage and can celebrate becoming an official NASCAR owner of The Money Team Racing. He joins Michael Jordan who also added the shared title to his billion-dollar resume in September of 2020. “I love fast cars and I love to compete. I know NASCAR will not be easy, but anything easy isn’t worth doing to me,” Floyd Mayweather said, according to NASCAR. “With that being said, this move into auto racing seems to be a perfect fit for the Mayweather brand.” The Money Team Racing will make its debut on the Daytona 500 speedway by the end of this month. Twenty-three-year-old Kaz Grala has been selected as the team driver who will compete in the No. 50 Chevrolet, coined after Floyd Mayweather’s boxing record. “It’s an honor to be behind the wheel for Floyd Mayweather’s entrance into NASCAR,” Grala said in the team release, NASCAR reports. “It’s a really exciting time in our sport as it globalizes and reaches new audiences. I...
Boxing champion, Floyd Mayweather will reportedly make a return to the ring in the spring of 2022, and new technologies are expected to keep the thrill alive. According to a press release, the announcement was made during a press conference in Dubai by Frontrow TMT, Undisputed, and Mayweather Promotions on Dec. 31, 3021 “ Dubai is one of my favorite cities and Burj Al Arab is famous like the Statue of Liberty is for New York and you know me, I’m gonna put on a show anywhere. Money May all day now streaming from the helipad. They can’t be me, they just imitate me,” Floyd Mayweather said in a press release. Not only will fans be able to enjoy a highly anticipated match, but new technologies will be used to heighten the atmosphere. According to a press release, live augmented reality projections of the match will be displayed on the Burj Al Arab tower for onlookers. The match will also mark a first featuring an “undisclosed first-ever blockchain NFT integration of the event.” “In...
Floyd Mayweather is one of the few people that can live up to his “Money” nickname. No matter how many setbacks he’s endured over the years, he’s always bounced back with a vengeance. And now, according to The Sun, he’s on the road to a net worth of a billion dollars. The outlet revealed that Floyd Mayweather has stakes in the recently-constructed One Vanderbilt in the heart of New York City. Considered one of the tallest commercial buildings in North America, One Vanderbilt is the fourth-tallest building in New York City (behind One World Trade Center, Central Park Tower, and 111 West 57th Street). It opened in September 2020 and cost more than $3 billion to construct. And this move is just the latest in a series of smart money moves that the retired boxer has made since he hung up his gloves back in 2017. He’s considered one of the richest Black athletes in the world and also reportedly “the richest boxer of all time” (based on his $450 million net worth, according to Celebrity...
Things aren’t always as they seem! We’re shocked, but not surprised to hear that the Floyd Mayweather and Logan Paul matchup wasn’t “real.” Floyd Mayweather, Jr. was caught on tape sharing that he walked away with $100 million for what he called a “fake fight” in his exhibition match against famous YouTuber Logan Paul earlier this month. According to Fox News, Mayweather’s comments were picked up in microphones set up for a press conference Saturday night following Gervonta Davis’ 11-round knockout of Mario Barrios in Atlanta. “I’m the only person you know that can do a fake fight and get a 100 M’s (millions),” said Mayweather as he walked off of the stage. “I could do legalized sparring and get 100 M’s.” Floyd Mayweather boasting about making $100million for his exhibition with Logan Paul after Gervonta Davis' win… [📽️ @ShowtimeBoxing ] pic.twitter.com/nehjApdnUL — Michael Benson (@MichaelBensonn) June 27, 2021 Mayweather has served as a mentor to Davis and was spotted at Saturday’s...