Floyd Mayweather always finds a way to flaunt his fortune in a ridiculous way that leaves everyone else speechless. A few weeks ago, he put his 8-year-old Beverly Hills mansion on the market for a jaw-dropping $48 million, and just weeks later, he was back flaunting his lavish lifestyle, this time aboard his brand-new private jet, “Air Mayweather 2.”
On Wednesday, the retired boxing legend took to Instagram to share a glimpse of his extravagant jet, showing off its luxurious features while making it clear that his love for opulence is as strong as ever.
Reunion with an old pal
The Instagram story featured the 5’8 feet former boxer in his ‘Air Mayweather 2’ flaunting two huge big wads of cash. Not only that, he also gave fans a tour of the jet’s customizable interior lights, cycling through four different lighting setups at his request. There were 4 light changes before he took his attention to someone sitting behind him.
Floyd Mayweather took the cash towards him and urged every fighter in the world to follow the man now standing beside him. The mystery guest was none other than Richard Schaefer. “I need every fighter, everyone in the world, all the MMA, boxers, follow this man right here,” stated Floyd Mayweather.
For those who are unaware, Floyd Mayweather and Richard Schafer have a long history together. Schaefer was the CEO of Golden Boy Promotions when Floyd Mayweather fought some nine fights under GBP. The promotion as well as Schaefer played a very important role in shaping Mayweather’s later career after he broke off from Bob Arum’s Top Rank. Golden Boy Promotions under the helm of Schaefer was responsible for many big matches in his career, notably against Canelo Alvarez, Miguel Cotto, Shane Mosley, and Marcos Maidana.
In 2014, Schafer parted ways with the Golden Boys and opened his own promotional company, Ringstar Sports. After Schaefer’s exit, Floyd Mayweather too cut his ties with Golden Boy Promotions. So it’s not surprising that when Leonard Ellerbe left Mayweather Promotions in June, Floyd Mayweather brought in the one man he wanted running his company, Richard Schaefer. And now, Schaefer is leading Mayweather Promotions. Hence, the high praise from Mayweather.
Mayweather’s endorsement of Schaefer likely reflects their ongoing professional ties, particularly as Mayweather continues to involve himself in lucrative ventures.
Floyd Mayweather’s $48 million move
As if his luxury jet wasn’t enough, he has also listed his Beverly Hills mansion for sale at a staggering $48 million, as mentioned earlier. He purchased the French-style property back in 2017 for $25 million following his victory over Canelo Alvarez. Over the years, Floyd Mayweather invested in high-end renovations, reportedly spending $500,000 on upgrades that include lavish chandeliers, mirrored fireplaces, and a state-of-the-art kitchen.
The 15,096 square-foot mansion, listed by ‘Mansion Global’, for a whopping price of $48 million boasts six bedrooms, 10 bathrooms, and multiple entertainment rooms, providing every conceivable luxury for potential buyers. Even if Mayweather sells the mansion for less than the asking price, he stands to make a substantial profit of close to $20 million, further padding his already impressive net worth.
Mayweather’s ability to turn his wealth into even greater fortune is undeniable. Whether it’s selling a mansion for a multi-million-dollar profit or flying in a private jet outfitted with every possible luxury, the former world champion remains a master at both flaunting and growing his fortune. As he continues to expand his business empire, fans can only speculate what other extravagant purchases Floyd Mayweather might show off next.
What do you think of ‘Air Mayweather 2?’ Do you think that the mansion in Beverly Hills was a smart investment by Floyd Mayweather? Let us know your thoughts down below.
