Stop Already People-Mayweather Isn't Broke, He's Worth More Than Puffy..

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  • Al Haymon
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    #11
    Originally posted by 2501
    more money than puffy? are you a ****en idiot?
    Just a quick question to the team:

    How do we know how much money Puffy has or makes?
    Last edited by Al Haymon; 09-14-2009, 08:51 PM.

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    • Pullcounter
      no guts no glory
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      #12
      Originally posted by photomane
      All these reports about Mayweather being broke is total BS people. He has plenty of cash and assets. People who are broke don't own Lambos, Maybachs, and multiple mansions. You can't believe everything you here people. Stop all the Floyd hating. After this fight with Marquez he will surpass Del la Hoya in boxing revenue made by any athlete in history. Floyd got mo money than Diddy.
      they why is he defaulting on car loans... I thought everything was paid for?

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      • kristiany
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        #13
        16% interest rate? he was a high risk..

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        • Ekscape
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          #14
          Side note: Diddy's networth is half a billion

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          • Ekscape
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            #15
            Originally posted by Al Haymon
            Just a quck question to the team:

            How do we know how much money Puffy has or makes?
            Forbes reported his networth estimation in 03' at 350 million and now half a billion

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            • photomane
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              #16
              Originally posted by kristiany
              16% interest rate? he was a high risk..
              People who have money sometimes like to get away with things normal people can't because of status-this is a prime example of someone that has so much money he could care less about the loan. He probably didnt even like the car that much.

              ps: Does any1 know if they ever found them ***els worth 6 million?

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              • photomane
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                #17
                Originally posted by Ekscape
                Forbes reported his networth estimation in 03' at 350 million and now half a billion
                Mayweather said in an interview hes worth around 600 million.

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                • Al Haymon
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                  #18
                  Originally posted by Ekscape
                  Side note: Diddy's networth is half a billion
                  I think you are believing some inflated media reports. It is not.

                  1) Bad Boy Records is just a name at this point. Kinda like philthy Rich Records
                  2) Sean John clothing : Diddy is just a minority owner
                  3) Diddy is EP on a couple of tv shows and get revenue there
                  4) Diddy is a compensated endorser for a couple of brands...Ciroc being one.

                  I need your help with the USD 500 Mn net worth.

                  Thanks.

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                  • Al Haymon
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                    #19
                    Originally posted by Ekscape
                    Forbes reported his networth estimation in 03' at 350 million and now half a billion
                    Forbes has to rely on self-reporting. Private individuals and companies are not required to disclose info. That data and the Forbes 500 report is notoriously inflated and inaccurate.

                    Notoriously.

                    A great example is Damon Dash. He reported in forbes that he was worth USD 400 Mn. Two years later, he had his cars repossessed and his home was foreclosed.

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                    • Al Haymon
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                      #20
                      Originally posted by photomane
                      Mayweather said in an interview hes worth around 600 million.
                      He has mae a fraction of that in gross income. Assume that he was in the 40% tax bracket. Just for grins, let's say he made USD 100 Mn in AFTER TAX income.

                      He would have to be the most brilliant investor to increase his networth six-fold during the past eight years. The week of 9/11, the DJIA was at 9500. last week, it was STILL at 9500.

                      How could he have possibly... without owning the New York Yankees?

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