Floyd Mayweather set to make eye-watering $22.5million profit from seven-year investment
Floyd Mayweather has listed his Beverly Hills mansion for $48 million, a huge return on his investment.
Mayweather has made a fortune from his boxing career, which he has been investing in properties, cars, as well as living a plush and luxury lifestyle since retiring in 2017.
Mayweather’s mansion is up for sale, and could pull in huge offers
Mayweather has regularly posed in the property since retiring
On the year of his retirement, ‘TBE’ decided to purchase a six-bedroom mega mansion from developer Nile Miami for $25.5 million in Los Angeles.
But it has been revealed that the house was listed this week by agents Joshua and Matthew Altman of Douglas Elliman, with an asking price of $48 million.
Should the squared circle great receive his full asking price, he could rake in a mammoth $22.5 million in total profit, a huge return on his investment seven years ago.
The property has a stunning six bedrooms, and spans a total of 15,096 square feet on a half-acre plot.
It boasts a whole host of luxury accessories including a guesthouse with a 20-seat cinema room, multiple huge living areas, a wine cellar, a bar, a library and much more.
It was built in 1992 and also has huge outdoor space, with Mayweather’s supercars regularly spotted outside the residence.
The house was renovated extensively under the previous developer’s tenure, but is believed to have doubled in value since being owned by Mayweather.
It is in a wanted part of the USA, where a whole host of celebrity names and faces reside.
But it is not the only mansion that Mayweather owns, with the American having purchased a property for $10 million based in Las Vegas in 2018.
That features two guesthouses, a huge garage space for car collectors, a vineyard which reportedly spans over 8,000 square feet.
The property sits on a half-acre plot with a huge outdoor leisure area
There are bedrooms and living space galore, but at a cost of $48 million
It appears his property investment is not done there, with Mayweather having reportedly shown interest in a $119 million mansion in LA.
But his legal team were claimed to have advised him against the purchase, despite the asking price being cut.
He pocketed purses well in excess of $100 million when beating Manny Pacquiao and Conor McGregor, in the two highest-selling pay-per-view fights in history.
His lifestyle of grandeur and materialism has not stopped since the conclusion of his professional career.
The veteran has regularly flexed wads of cash and posed in front of his own custom-private jet, showing fans a glimpse into his lifestyle on social media.
Mayweather has also been able to keep up his earnings, fighting in money-spinning exhibitions around the globe since his retirement.
Most recently, the slick-moving star cruised to a win in a rematch with rival John Gotti III when making a debut in Mexico.
It is unclear what the future holds for the former multi-weight champion, but he is unlikely to stop flaunting his glamorous lifestyle.
