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Do you really think Mayweather is going broke?
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I believe what the real question that we all should be asking ourselves is not whether or not do we really think he is going broke but whether or not do we really think he is going to jail?
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Originally posted by Canelo and GGG View PostThere was many people who had loads of things and went broke ,Then lost everything
Because the real estate, residentials, the $12m per year for the rest of his life annuity that he had before the Alvarez fight, and the host of other income-generating investments are all spinning off money to Floyd without him every having to touch the principal.
Floyd spends money, but it should also be clear that he owns a ton of stuff too, free and clear of any mortgage payments.
Servicing everything likely doesn't come cheap, but he owns his jet, owns his boat, owns a fleet of cars, owns his homes; heck, he owns his own strip club now.
Outside of the cost to tour the world, and buying the occasional extra car/watch/bag, what is there really for Floyd to spend money on?
Paul Williams saw his boxing career cut short, but he'll be good for the rest of his life; his camp had the foresight to put his money into residential rentals, he now has Paul Williams Property Management, and he can live off of the rents that he charges for the rest of his life.
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Originally posted by WesternChamp View Postgotta take in the amount that floyd spends. he's making bank but he's also spending it like crazy on things that will lose value fast such as watches, cars, etc. he is not investing his money wisely. do i think he's going broke? no, do i think it can happen? yes!
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Originally posted by Scipio2009 View PostTrue, but how many of them have been steered into real estate and residential rentals, and annuity investments, and gone broke?
Because the real estate, residentials, the $12m per year for the rest of his life annuity that he had before the Alvarez fight, and the host of other income-generating investments are all spinning off money to Floyd without him every having to touch the principal.
Floyd spends money, but it should also be clear that he owns a ton of stuff too, free and clear of any mortgage payments.
Servicing everything likely doesn't come cheap, but he owns his jet, owns his boat, owns a fleet of cars, owns his homes; heck, he owns his own strip club now.
Outside of the cost to tour the world, and buying the occasional extra car/watch/bag, what is there really for Floyd to spend money on?
Paul Williams saw his boxing career cut short, but he'll be good for the rest of his life; his camp had the foresight to put his money into residential rentals, he now has Paul Williams Property Management, and he can live off of the rents that he charges for the rest of his life.
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Originally posted by Scipio2009 View PostTrue, but how many of them have been steered into real estate and residential rentals, and annuity investments, and gone broke?
Because the real estate, residentials, the $12m per year for the rest of his life annuity that he had before the Alvarez fight, and the host of other income-generating investments are all spinning off money to Floyd without him every having to touch the principal.
Floyd spends money, but it should also be clear that he owns a ton of stuff too, free and clear of any mortgage payments.
Servicing everything likely doesn't come cheap, but he owns his jet, owns his boat, owns a fleet of cars, owns his homes; heck, he owns his own strip club now.
Outside of the cost to tour the world, and buying the occasional extra car/watch/bag, what is there really for Floyd to spend money on?
Paul Williams saw his boxing career cut short, but he'll be good for the rest of his life; his camp had the foresight to put his money into residential rentals, he now has Paul Williams Property Management, and he can live off of the rents that he charges for the rest of his life.
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Originally posted by PACnPBFsuck View PostHe's not broke, but he needs to start making a lifestyle change soon.
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