The guy made about 30 million dollars in his last year of boxing.
He owes the IRS like 6 million dollars.
Ok he has to pay taxes...so the guy has like 17 million.
Minus the 6 from the IRS he still has 11 million. Now how can Floyd possibly go broke with 11 million dollars?
I know he gambles and he has nice cars and crap but we just have no idea how much all that costs. Even if he spent 8 million on all his expenses and real estate the guy still has 3 million dollars left.
Nobody really knows...
I mean, you take a guy like Michael Jackson (RIP) who you would look at and say "There's no way in hell this guy is broke", and his financial issues seem to be on a level playing field in the media as is the tributes they've been presenting.
When you're in a higher brackett as far as monthly income, investments (LOL), etc, you don't look at money like a lot of us do (i.e. car note, rent, CC bills, etc).
To us it may look like a lot of money, but depending on how much liquid money Floyd has stashed and what other investments he has that brings him extra money, for all we know he could just be lazy and or just not paying attention to his finances (which would be really dumb on his part).
Nobody knows really but Floyd and his people. I just wanna see the guy fight, I'm not his accountant.
You gotta factor in an entourage, 24's on everything including his riding lawnmower(s), kids toys out the ass, extravagant automobiles and homes, shit for his ladies, club expenses, floyds the type of dude to buy the bar out just to show off, etc. Do you really think he's a conservative spender? ...I could see him burning 20 million in six months
obviously he's not broke, but he obviously doesnt have $6 million in cash lying around either or he would pay it and be done.... he probably cant pay it without selling some stuff, so he has to fight to pay it back..
People owe money to the IRS all the time I am guessing, doesn't mean the guy is broke... he might owe money, doesn't mean he is broke... he is still richer than any of us.
The guy made about 30 million dollars in his last year of boxing.
He owes the IRS like 6 million dollars.
Ok he has to pay taxes...so the guy has like 17 million.
Minus the 6 from the IRS he still has 11 million. Now how can Floyd possibly go broke with 11 million dollars?
I know he gambles and he has nice cars and crap but we just have no idea how much all that costs. Even if he spent 8 million on all his expenses and real estate the guy still has 3 million dollars left.
why dont you worry about your own bank accout, rather than guestimating how much another man has!!!!
entourage costs money too son
yep, so does throwing money in a crowd and getting into drink buying contests with zab judah.
The man literally throws his money away.
16y ago
I don't think Floyd is really broke and heres why. | BoxingScene Community