Floyd Mayweather Rents $100K Condo After Buying 1,000 Apartments In NYC | Investors King
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Floyd Mayweather Rents $100K Condo After Buying 1,000 Apartments in NYC

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Floyd Mayweather

Boxing legend Floyd “Money” Mayweather Jr. has made headlines once again, not for his exploits in the ring but for his extravagant real estate choices in New York City.

Despite recently investing $400 million to acquire over 1,000 apartments in upper Manhattan, Mayweather has opted to rent a luxurious duplex at the Baccarat Hotel for a staggering $100,000 per month.

The duplex, known as the Gemstone Terrace, spans 4,178 square feet and includes seven marble bathrooms, a full chef’s kitchen, and 3,100 square feet of outdoor space.

Located in Midtown Manhattan, the apartment grants Mayweather access to all of the high-end services offered by the five-star hotel. Industry sources describe the rental price as a record for Midtown.

The decision to rent such an opulent space has raised eyebrows, especially considering Mayweather’s extensive property portfolio.

His latest Instagram post showcased the apartment’s grandeur with a caption reading, “My home in NYC, luxurious lifestyle!” The post featured videos highlighting the apartment’s exquisite design and panoramic views of the city.

Mayweather’s real estate investments include a recent $400 million deal for residential properties in Manhattan, yet his decision to spend six figures monthly on rent suggests a preference for flexibility and luxury over occupying his own units.

This move aligns with the boxing icon’s lavish lifestyle, sustained by an estimated net worth of $500 million, despite career earnings surpassing $1.1 billion.

Real estate analysts speculate that Mayweather’s rental decision might be influenced by the elite amenities and privacy offered by the Baccarat Hotel, providing a temporary base in Manhattan while managing his expansive property investments.

As the boxing legend continues to expand his real estate portfolio, his latest choice reflects both his wealth and a penchant for living large.

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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