Floyd ‘Money’ Mayweather Drops $50 Million on a High-Rise Hotel in New York City

Published 11/09/2021, 6:55 AM EST
Jun 3, 2021; Miami Beach, Florida, USA; Professional boxer Floyd Mayweather Jr. looks on after the face off with YouTube star Logan Paul at Villa Casa Casuarina. Mandatory Credit: Jasen Vinlove-USA TODAY Sports


Floyd ‘Money’ Mayweather is the richest boxer to ever live. One doesn’t earn the moniker ‘Money’ in one of the highest paying sports for no reason. Mayweather’s lavish lifestyle and crazy purchases have landed him this moniker. However, Mayweather is also a very smart investor.

ADVERTISEMENT

Article continues below this ad

Back in 2018, Mayweather revealed his part in the One Vanderbilt hotel in New York City. “I’ve been working with my real estate buddies, my real estate guys. The project I’m working on now is called One Vanderbilt. It’s going to be the tallest building in New York City.”

ADVERTISEMENT

Article continues below this ad

“It’s going to be taller than the Empire State building. We are also putting an observation deck on the building,” said Mayweather to YouTube channel Fight Hype.

The 1,301-foot long skyscraper is one of the tallest buildings in New York City, just shy of 432 Park Avenue and One World Trade Center.

Mayweather was the highest-paid athlete during his prime, sometimes earning hundreds of millions of dollars from one fight alone. During his career, however, Floyd was not careful with his money. He would fight, earn millions, then blow it up till he fought again. In order to have a sustainable flow of cash, ‘Money’ May had to start investing well.

DIVE DEEPER

‘He Was Just Very Mean’ – Muhammad Ali’s Grandson Reveals How Mike Tyson Was Different From Ali

22 days ago

Floyd Mayweather reveals his best investments 

Earlier this year, before he came out of retirement to fight Logan Paul, Floyd Mayweather revealed his best investments. “One of the best investments that I did was New York real estate. When you see me using the cars, you see the flashy. There’s a lot that comes with that, a lot of smart moves that come behind the scenes.”

ADVERTISEMENT

Article continues below this ad

“I invested, you guys can Google Vanderbilt and Google Mayweather. I am part of that project. It’s the tallest building in New York City. You know I own so many different buildings, my exact numbers in New York City, I own nine skyscrapers in New York City,” said Floyd.

Watch this story: David Benavidez vs. Kyrone Davis: Date, Time, Venue, Tickets, and Live Stream

ADVERTISEMENT

Article continues below this ad

‘Money’ Mayweather also earned a huge fight purse against Logan Paul earlier this year.

What do you think Mayweather’s next big purchase will be?

Enjoyed reading this article? Download our exclusive app to get 24x7 coverage, latest memes and social media banter. Click here to download.

SHARE THIS ARTICLE :

ADVERTISEMENT

Allan Binoy

440 articles

Allan Binoy is a Boxing writer at EssentiallySports. Currently pursuing a Bachelor's degree in English Literature from Loyola College, Allan fuses his love for literature and the sport of boxing to deliver quality copies about 'The Sweet Science.' Allan is a semi-professional soccer player for Diego Juniors FC.

ADVERTISEMENT

ADVERTISEMENT