Summary:

Floyd Mayweather Jr. purchased a NYC building for over $20 million.
The building features offices, a diamond exchange, and a large billboard.
Mayweather previously purchased over 60 buildings (1,000+ units) in a separate $402 million deal, aiming to provide affordable housing.
Mayweather's estimated net worth is $1.2 billion, potentially reaching $1.5 billion by 2024.
This NYC building acquisition represents another major asset in Mayweather's extensive portfolio.

Floyd Mayweather's NYC Real Estate Acquisition: A $20M+ Deal

Boxing legend Floyd Mayweather Jr. has reportedly purchased a New York City building for over $20 million, according to TMZ Sports. The building, located at the entrance of 47th Street, houses offices, a diamond exchange, and a large billboard.

Mayweather himself stated: "I used to shop in the diamond exchange as a young adult. I never thought I would end up owning this important property at the entrance of 47th Street. Through hard work and dedication anything is possible."

This purchase comes after Mayweather's reported $402 million deal to acquire more than 60 buildings in Upper Manhattan, totaling over 1,000 units. TMZ Sports reported that Mayweather intends to provide affordable housing to families with this larger acquisition.

Mayweather's net worth is estimated at $1.2 billion, with projections reaching $1.5 billion by 2024, showcasing his remarkable financial success beyond his boxing career. This latest real estate venture adds another significant asset to his impressive portfolio.

Source: Bleacher Report