“Inflation Gonna Kill Your Money”: After Making $30 Million Against Gervonta Davis, Ryan Garcia Opens Up on Spending It Rationally

Ryan Garcia has achieved what many in the boxing world can only dream of, making millions of dollars in every fight. However, not all boxers could maintain their millionaire status for long. It signifies the importance of managing one’s wealth by making smart decisions. While appearing in a recent interview, Ryan Garcia revealed how he spends his wealth while planning for the future. 

Ryan Garcia is about to enter the square ring against Oscar Duarte on 2 December later this year. However, it was his last fight against Gervonta Davis, where ‘King Ry’ made a major chunk of his money. How big of a chunk? Well, $30 million big! So, during his interview with ES News, Ryan sheds light on how he manages his wealth to stay rich even after he hangs up the gloves. 

Ryan Garcia reveals how he manages his wealth

Recently, Elie Seckbach caught up with Ryan Garcia in the gym and asked him how he should spend his money if he ever made $30 million. In response, ‘King Ry’ revealed the first thing one should do is hire a great team to manage the money. “You better get a good team. That’s what I did,” said Garcia. Ryan went on to emphasize the strength of his investment team, who are investing his money to generate substantial returns from his wealth. 

“Have a good team…they are gonna make me more money, supposedly,” Ryan told Seckbach. Later in the interview, Ryan revealed that he overlooks the flow of money and tries to understand it. However, it’s his team who does all the investing. “I just oversee it, understand what they are saying..that’s investing,” said Ryan. He even emphasized the importance of investing by using inflation as a cautionary tale. “We don’t spend it…inflation’s gonna kill your money,” said Ryan.

How much did Ryan vs. Gervonta Davis make?

Back in April, Garcia and Davis met in the ring, showcasing a spectacle of a lifetime. The hype generated before the fight mirrored the action in the ring. Unfortunately for ‘King Ry,’ he lost the clash, losing the fight via Davis’ seventh-round body shot knockout. To put the success of the fight into perspective, it generated one of the highest revenue.

The fight collected $1.2 million in pay-per-view buys and $22.8 million in gate revenue. However, in a tweet, Ryan Garcia revealed that the fight generated over $100 million, Ryan taking $30 million from that ginormous piece of money pie. In contrast to his last fight, however, Ryan will face Oscar Duarte in his comeback fight. 

Also Read: “Believe In Yourself”: Fans Join In Support As Ryan Garcia Trains Hard In Recent Clip Ahead Of Oscar Duarte Fight

After taking home $30 million from his fight against Gervonta Davis, Ryan revealed his approach to investing. However, the burning question is – do you agree with Ryan’s approach to investing money?

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