Even as he takes a temporary rest from the ring, Filipino boxing sensation Manny Pacquiao remains busy preparing for his life after retirement.
Pacquiao, who has earned millions by squaring off with some of the world’s best fighters, assured his fans that his finances are intact. He revealed that he does not want to turn out like most boxers who faded from the limelight.
“Isinasa-ayos ko na ang lahat para hindi ako matulad at maparis sa ilan sa mga boksingerong sumikat minsan at hindi na nagkaroon ng pagkakataon na makapag-impok para sa kinabukasan,” he said in his column “Kumbinasyon” published in Philboxing.com.
As part of securing his finances, he has also registered his name as a trademark to prevent others from exploiting his name in business ventures and other dealings.
Pacquiao added that he has already established a merchandising company that will start many projects for his future.
Top Rank promoter Bob Arum earlier expressed concern over Pacquiao’s finances.
Arum aired his concern after handing Pacquiao his $12 million purse for his “Battle of East and West” match with Ricky Hatton last May 2. He added that the boxer stands to receive more from pay-per-view earnings generated by the fight.
Arum is afraid that Pacquiao might someday end up like Mike Tyson, who went bankrupt after having squandered nearly $300 million in ring earnings through lavish spending and bad financial advice.
Helping others
Aside from securing his finances, Pacquiao said he has undertaken several business projects that will also benefit others.
“Kaya naman itinatayo ko ang ilan sa maraming proyekto na sabay-sabay magpapatayog ng ating mga minimithi sa buhay,” he said.
The top pound-for-pound fighter noted that as a “public figure,” his responsibilities are not limited only to his family, but also to his community and country.
“Dahil sa kinakailangan kong gampanan ang lahat ng aking mga bagong responsibilidad, mahalaga sa akin na itama ang lahat ng mga bagay na nakaugnay sa aking buhay,” he said.
“The People’s Champ,” meantime, assured that the Manny Pacquiao Foundation will work doubly hard to gain support for its projects.
He said that his foundation aims to help uplift the Filipinos as well as other people around the world who have immediate needs.
Pacquiao shared that he has invested in many projects for the less fortunate, including a cancer research and treatment center in Mindanao. He has also started holding medical missions, giving scholarships, and campaigning for environmental awareness.
According to MannyPacquiaoFoundation.org, a donor who gives at least $50 will receive a shirt with the foundation’s logo.
“The shirt is printed with the Manny Pacquiao Foundation logo to show your support of Manny and his mission to help those in need,” the site said.
Pacquiao, who has earned millions by squaring off with some of the world’s best fighters, assured his fans that his finances are intact. He revealed that he does not want to turn out like most boxers who faded from the limelight.
“Isinasa-ayos ko na ang lahat para hindi ako matulad at maparis sa ilan sa mga boksingerong sumikat minsan at hindi na nagkaroon ng pagkakataon na makapag-impok para sa kinabukasan,” he said in his column “Kumbinasyon” published in Philboxing.com.
As part of securing his finances, he has also registered his name as a trademark to prevent others from exploiting his name in business ventures and other dealings.
Pacquiao added that he has already established a merchandising company that will start many projects for his future.
Top Rank promoter Bob Arum earlier expressed concern over Pacquiao’s finances.
Arum aired his concern after handing Pacquiao his $12 million purse for his “Battle of East and West” match with Ricky Hatton last May 2. He added that the boxer stands to receive more from pay-per-view earnings generated by the fight.
Arum is afraid that Pacquiao might someday end up like Mike Tyson, who went bankrupt after having squandered nearly $300 million in ring earnings through lavish spending and bad financial advice.
Helping others
Aside from securing his finances, Pacquiao said he has undertaken several business projects that will also benefit others.
“Kaya naman itinatayo ko ang ilan sa maraming proyekto na sabay-sabay magpapatayog ng ating mga minimithi sa buhay,” he said.
The top pound-for-pound fighter noted that as a “public figure,” his responsibilities are not limited only to his family, but also to his community and country.
“Dahil sa kinakailangan kong gampanan ang lahat ng aking mga bagong responsibilidad, mahalaga sa akin na itama ang lahat ng mga bagay na nakaugnay sa aking buhay,” he said.
“The People’s Champ,” meantime, assured that the Manny Pacquiao Foundation will work doubly hard to gain support for its projects.
He said that his foundation aims to help uplift the Filipinos as well as other people around the world who have immediate needs.
Pacquiao shared that he has invested in many projects for the less fortunate, including a cancer research and treatment center in Mindanao. He has also started holding medical missions, giving scholarships, and campaigning for environmental awareness.
According to MannyPacquiaoFoundation.org, a donor who gives at least $50 will receive a shirt with the foundation’s logo.
“The shirt is printed with the Manny Pacquiao Foundation logo to show your support of Manny and his mission to help those in need,” the site said.
damn bobby lee your alts get really old, you must be lonely.
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