Public property records or verified news reports

Floyd Mayweather Buys $20 Million Manhattan Building in Diamond District as Christmas Gift for Grandson

Dec 26, 2024, 02:44 AM

Floyd Mayweather has purchased a building in Manhattan for over $20 million as a Christmas gift for his three-year-old grandson, adding to his expansive real estate portfolio. The property, located in the Diamond District at the corner of Sixth Avenue and 47th Street, includes offices, a diamond exchange, and a large billboard. Mayweather, who has a history of shopping in the area, expressed that owning this property is a significant achievement, reflecting his journey from a young shopper to a property owner in the Diamond District. This acquisition follows his recent purchase of over 60 buildings in New York City for more than $400 million and a stake in the Versace Mansion in Miami. Mayweather's net worth is estimated at $1.5 billion, showcasing his success beyond boxing into real estate investment.