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Billionaire Floyd Mayweather International Ventures: Announces New Partnership With Crypto Digital Banking Entity In Dubai

Published 04/14/2024, 9:08 AM EDT

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Floyd Mayweather transcends the title of boxing champion. He’s a shrewd businessman who has parlayed his in-ring dominance into a financial empire. By 2023, Mayweather had already amassed a staggering net worth of $1.2 billion. His strategic investments show no signs of slowing, with projections suggesting a potential rise to a phenomenal $1.5 billion by 2024. Now he’s announced another venture.

Mayweather’s success extends far beyond the ropes, as he has also dipped his hands in the Crypto Management Company in Dubai as well. In a video posted on social media, Mayweather announced the intricacies of his new venture and talked about his new partnership with Neo One. Even the Neo One seemed to be quite proud of their latest collaboration.

Floyd Mayweather adds another revenue to his business portfolio

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Partnering with Neo One, a digital banking platform, Mayweather is leveraging his star power to promote financial empowerment. The promotional video paints a rosy picture. Mayweather, who lives in Dubai (a city known for its luxury), endorses Neo One alongside his partner Michael. The language is full of bravado, as he said, When you touch down in Dubai or the UAE, you have to check us out. Neo One Banking, the best of the best.

There’s an undercurrent assumption that because champions choose Neo One, it must be the winning choice for everyone. Mayweather’s involvement is a calculated move. He further congratulated Neo One for their phenomenal work, as he said, “Keep up the great work. Money Man, you guys know the rest.” He understands the power of his image and its influence on his fans.

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But whether this translates into genuine financial empowerment for the masses remains to be seen. Not only this, a month ago, Mayweather announced another huge business step, as he expanded his business to newer domains.

Mayweather saw an opportunity in India and grabbed it

Floyd Mayweather is preparing to have a big business venture in India after having partnered with Indian businessmen to launch Limitless X, a brand focused on health and wellness. When arriving in India, Mayweather met with Mary Kom, the Indian boxing legend to later stand beneath the iconic Gateway of India, and also asked for blessings at the Shree Siddhivinayak Temple.

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He was later hanging out at an Indian market to get to know Indian culture closely while also posting the TMT Takeover as he captioned his video “I stopped in India with my business partner Jas Mathur to inspire, empower and introduce Limitless X, as a leading health and wellness brand!” When people met the undefeated champion, they were in awe of his presence.

According to Indian media, “Mayweather has partnered with Limitless X, aiming to leave a legacy of health and wellness in the country of India. Was this a victory lap, or the start of a whole new endeavor? Only time will tell.” So, Mayweather is announcing a new venture every month, justifying his nickname. What are your thoughts about this? Tell us in the comments section.

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Written by:

Chirag Radhyan

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Chirag Radhyan is a senior boxing writer at EssentiallySports. Having authored close to 2K articles, he is a live-coverage specialist, contributing to the detailed reportage of live boxing events ranging from the Jermell Charlo vs Canelo Alvarez bout to Ryan Garcia vs Gervonta Davis. Moreover, his coverage of the off-court drama between Jake Paul and Tommy Fury received widespread appreciation from readers.
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Edited by:

Himanshu Sridhar