Is Floyd Mayweather broke?

[rickJen]

Like the great Dr. Phil said you don't solve money problems with money.
You solve it by changing your lifestyle, live within your means.
You can have a good income working 7 days a week, but if you keep looking for
something to spend them with, the other person would feel wealthier because
he's/she's content with what he/she got.

[jqSide]

Like the great Dr. Phil said you don't solve money problems with money.
You solve it by changing your lifestyle, live within your means.
You can have a good income working 7 days a week, but if you keep looking for
something to spend them with, the other person would feel wealthier because
he's/she's content with what he/she got.

I like it.

[MulaKO]

Floyd gonna fight Gotti , again
This time in Mexico

[billeau2]

Your going to hear people state why Mayweather cannot go broke... Just as people said the same about Ray Robinson and most other high paid athletes. There are so few athletes that actually hold onto their money... The ones that do invest in actively run enterprises. Mayweatherhas a lifestyle that will quickly drain his money. Cars, luxury properties, taxes take most of an athlete's money. Investments are also taxed... The system is designed to make sure those who ascend quickly, descend just as quickly.

Ask yourself this question: how do billionares, not millionares, spend their money? The opposite of Mayweather... Even silly Elon is thrifty... Theb super rich do not own anything. they have trusts that own things... They use assets in a manner where they are frugal. Bill Gates buys farm land, not villas in Florida... Warren Buffet lives in a modest home. Elon does not even have a home.

Mayweather's lifestyle is unsustainable and by the time he realizes this it will be way too late. He already is owned by the IRS. There is no amount of money that can prevent someone from going broke... Get that? Want proof? How much do you think someone who has assets in their name, luxury assets... pays in taxes? Sales tax, income tax, property tax, etc... If you do that math you would find Most of their income goes to taxes of various sorts... and then there is inflation. Mayweather's dollars have already lost most of their value. He sells an asset like a car, how much tax is involved in the sale? Think about it.

[billeau2]

when tyson was "broke" he had a few million dollars left.


floyd broke is still more than all of us combined. Same with holyfield being "broke" i bet he has a nicer house than me to this day.


floyds finances arent public record so its all speculation. 50 cent claimed floyd was broke 10 years ago but we have yet to see him go bankrupt so who knows what he did for his investments. They could be really bad investments wasted money on his strip club businesses or he could be well invested.

Go look up Vanillla Ice of all people, he made a fortune investing in real estate, i would have thought he was broke but hes pretty smart. Meanwhile guys like nicholas cage supposedly went broke. Its hard to tell with celebrities.

You are without a doubt one of the smartest posters here... So you should be able to understand simple math related to depreciation. If you have a few million dollars, after inflation, taxes, you have nothing. You can milk the cycle, refinance nice homes, etc... But all these things drain. Even if one takes that few million and try to live off the interest, that is taxed as well, while every day value is lost on those dollars (inflation). The only way to change things is to have assets that are actively managed to generate income. Like basic real estate (Vanilla Ice). Vanilla Ice realized he was a has been and left that world and made assets that generate income, so he was successful. He had to change his lifestyle...

One can either change entirely, or eventually lose it all. Floyd has passive investments, like Ray Robinson did: Robinson owned an entire block in harlem... But he was robbed blind because he was not actively watching, participating in his investments. Pay attention and you will read, every now and then, how Floyd is "robbed" think about the people running his investments and how they can cook his books ...

[Roadblock]

If Floyd never had a dime, he has a list of phone numbers to some of the richest people on earth, now if I was ever on rock bottom like everybody has been at times you hustle, and Im guessing Floyd would know how to hustle and in his circles, it would be big dividends,, Floyd Mayweather will never be broke from bad investments because he will always be able to come up with investors anytime he wants to venture, he will never be broke from overspending again because of the company he keeps and when you spend you have assets its a loop.

The only way Floyd can end up broke is a drug habit, crime, or loses his mind and is certified nuts, along with his money he loses all his supporting multi-millionaire friends then he is fkd.

I can see Floyd reading these forums and laughing his ass off.

[djtmal]

If Floyd never had a dime, he has a list of phone numbers to some of the richest people on earth, now if I was ever on rock bottom like everybody has been at times you hustle, and Im guessing Floyd would know how to hustle and in his circles, it would be big dividends,, Floyd Mayweather will never be broke from bad investments because he will always be able to come up with investors anytime he wants to venture, he will never be broke from overspending again because of the company he keeps and when you spend you have assets its a loop.

The only way Floyd can end up broke is a drug habit, crime, or loses his mind and is certified nuts, along with his money he loses all his supporting multi-millionaire friends then he is fkd.

I can see Floyd reading these forums and laughing his ass off.

I don't know he seems to be falling out with his peoples left and right, and all things being real. Floyd isn't exactly JayZ.

[Outwest Exp 355]

People have been saying he’s broke for 15 years

[Roadblock]

I don't know he seems to be falling out with his peoples left and right, and all things being real. Floyd isn't exactly JayZ.

His people that you and I know are not the ones that line his pockets,, the ones he burns are his ex puppets, he would have friends in high places that he wouldn't ruffle the wrong way. off course none of us has a real clue whats going on here, Floyds pretty smart when it comes to making money.

[Mimms]

Lmfao
Hoping he ain’t fughin wit the Saudis cause they’ll chop his fughin head off

Floyd gonna fight Gotti , again
This time in Mexico

Bullchit like this is what is wrong with BS