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MANILA -- With a winning streak spanning 11 fights since September 2005, seven-division champion Manny Pacquiao has seen the exponential increase of his wealth.
The Filipino boxing icon has seen the fruits of his labor in various investments in his hometown, General Santos City.
Pacquiao has put up two commercial buildings bearing the initials, JMP, which stands for Jinkee and Manny Pacquiao.
The commercial buildings located at different prime locations in General Santos City also house their own businesses. Several spaces in the buildings are rented out to other businesses.
At the second floor of the first building is a boutique called Jinkee's Fashion World, named after Pacquiao’s wife. On the ground floor of the same building is the couple’s bar and restaurant.
The family also owns a digital printing shop named after Pacquiao’s first baby girl, Princess. Their other children are Jimuel, Michael and Queen Elizabeth.
The couple has yet to open a restaurant and sports bar in the second building, which is partly occupied by tenants.
Meanwhile, the pound-for-pound king is reportedly putting up the dream house of his mother, Dionisia.
Golf course?
Aside from these investments, Pacquiao has also purchased a vast tract of land for development in the outskirts of Gensan.
Some 30 minutes away from the city, on a not-so-paved road near a foothill, lies an estimated 300 hectares of land. According to information gathered, Pacquiao plans to develop a golf course resort there.
The land, which was visited by ABS-CBN News, is still barren but a huge hut is already erected. Some folks within the area are already enjoying the view from its location.
Proof that property development is currently in the works is pieces of construction equipment working on the site.
Fight earnings
In his Firepower match against Puerto Rican Miguel Cotto, whom he stopped by technical knockout in Round 12, Pacquiao reportedly had a guaranteed fight purse of $7 million to $13 million.
At a minimum of $7 million translated to Philippine peso, Pacquiao stands to receive P329 million in guaranteed purse.
Pacquiao is expected to gain more when he gets his share from the pay-per-view earnings for Firepower, which generated 1.25 million PPV buys for a total worth of $70 million.
Top Rank promoter Bob Arum told ESPN.com that Pacquiao will end up making $22 million or P1.03 billion.
Before the Cotto fight, Pacquiao also scored 1.25 million PPV buys for his 8th-round beating of Oscar de la Hoya in December 2008, and 830,000 buys for his 2nd-round knockout of Ricky Hatton in May.
Aside from fight earnings, the Filipino boxer who once sold donuts in the streets of General Santos City, also received fees for numerous endorsements of products such as shampoo, beverages and sports apparel.
The Filipino boxing icon has seen the fruits of his labor in various investments in his hometown, General Santos City.
Pacquiao has put up two commercial buildings bearing the initials, JMP, which stands for Jinkee and Manny Pacquiao.
The commercial buildings located at different prime locations in General Santos City also house their own businesses. Several spaces in the buildings are rented out to other businesses.
At the second floor of the first building is a boutique called Jinkee's Fashion World, named after Pacquiao’s wife. On the ground floor of the same building is the couple’s bar and restaurant.
The family also owns a digital printing shop named after Pacquiao’s first baby girl, Princess. Their other children are Jimuel, Michael and Queen Elizabeth.
The couple has yet to open a restaurant and sports bar in the second building, which is partly occupied by tenants.
Meanwhile, the pound-for-pound king is reportedly putting up the dream house of his mother, Dionisia.
Golf course?
Aside from these investments, Pacquiao has also purchased a vast tract of land for development in the outskirts of Gensan.
Some 30 minutes away from the city, on a not-so-paved road near a foothill, lies an estimated 300 hectares of land. According to information gathered, Pacquiao plans to develop a golf course resort there.
The land, which was visited by ABS-CBN News, is still barren but a huge hut is already erected. Some folks within the area are already enjoying the view from its location.
Proof that property development is currently in the works is pieces of construction equipment working on the site.
Fight earnings
In his Firepower match against Puerto Rican Miguel Cotto, whom he stopped by technical knockout in Round 12, Pacquiao reportedly had a guaranteed fight purse of $7 million to $13 million.
At a minimum of $7 million translated to Philippine peso, Pacquiao stands to receive P329 million in guaranteed purse.
Pacquiao is expected to gain more when he gets his share from the pay-per-view earnings for Firepower, which generated 1.25 million PPV buys for a total worth of $70 million.
Top Rank promoter Bob Arum told ESPN.com that Pacquiao will end up making $22 million or P1.03 billion.
Before the Cotto fight, Pacquiao also scored 1.25 million PPV buys for his 8th-round beating of Oscar de la Hoya in December 2008, and 830,000 buys for his 2nd-round knockout of Ricky Hatton in May.
Aside from fight earnings, the Filipino boxer who once sold donuts in the streets of General Santos City, also received fees for numerous endorsements of products such as shampoo, beverages and sports apparel.
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