The move is the latest investment by Mayweather Jr. in high-profile real estate projects

Floyd ‘Money’ Mayweather is as good at business as he was at putting on boxing gloves. It is not surprising, then, that information periodically emerges about a new success that adds zeros to his bank accounts. Proof of this is his latest project, which has shaken the real estate world in Miami: buying a part of the iconic Versace mansion, now known as “The Villa Casa Casuarina”.

The move is the latest investment by Mayweather Jr. in high-profile real estate projects, through a $10 billion company and a $402 million stake in the Upper Manhattan real estate market, further demonstrating his business acumen.

In addition, ‘Money‘ has been able to afford to fight sporadically, most recently three months ago in Mexico City, when he faced John Gotti III over eight rounds.

New projects in the pipeline for Floyd Mayweather Jr.

Through a post on his Instagram Stories, ‘Money‘ revealed some details presented in ‘clockednloaded’, where they talk about the big moves in the real estate sector, with his purchase of a part of the former Versace mansion.

According to The Real Deal, the investment is a significant stake in the historic property, now converted into a luxury boutique hotel. Although there is not much information about the details of the purchase, Mayweather reported that he acquired a majority stake in the property valued at $150 million.

Floyd Mayweather Jr.’s real estate empire

Originally built in 1930, the mansion consists of three floors and 23,462 square feet of construction on a 0.4-acre lot. It was once the residence of legendary Italian fashion designer Giovanni Versace. After his tragic death in 1997, it was converted into a boutique hotel with a restaurant, event spaces, spa, lounge and pool.

Mayweather Jr.’s real estate success does not end there. Recently, boxing’s first and perhaps only billionaire sold a property on Palm Island, Miami, for $22 million and put a mansion in his hometown of Las Vegas up for sale for $12.5 million.

In addition, he is involved in a $10 billion project with 601W Companies that includes the purchase of 18 office buildings in New York, Chicago and Jersey City. Last month, Mayweather Jr. also signed a $402 million deal for a portfolio of apartments in New York.

KSI is out to gain revenge against Floyd Mayweather for how the boxing legend treated his younger brother Deji.

Mayweather faced YouTuber Deji in a shock exhibition bout in Dubai in 2022.

But the American icon was accused of forcing Deji into boxing in smaller 10oz gloves on the night of the bout – opposed to a bigger 14oz pair.

It was also claimed Mayweather refused to take it easy on his inexperienced opponent despite a verbal agreement to do so.

Older brother KSI is still seething with the Hall of Fame great and wants to settle it in the ring.

His trainer Alexis Demetriades told SunSport: “There’s a personal thing there with Deji, JJ’s upset with Mayweather. There’s a personal thing.

“They changed the gloves from 14s to 10s on the night, they gave him danger money, they paid him to do it.

“And one of Mayweather’s camp came up to Deji and said, ‘If it gets a little bit hot and you’re in the clinch just tell Floyd to calm down a little bit because it’s an exhibition and he’ll be with you.

“At one point, Deji was like, ‘S***, it’s getting a little bit hot.’ And Mayweather was like, ‘F*** you. I’m Floyd Mayweather’, and tried to kill him.’

“That’s JJ’s little brother. So there’s animosity there, there’s an appetite for that fight for JJ, he thinks he’s a p***k.”

Mayweather, 47, officially retired in 2017 after beating ex-UFC champion Conor McGregor, 35.

But he has continued to box in exhibitions since against stars of the social media, MMA and boxing world.

Among those have been YouTuber Logan Paul, 29, and KSI’s brother Deji, 27.

But coach Demetriades insisted KSI, 31, is not interested in an exhibition against Mayweather and instead wants redemption.

Demetriades said: “He’s going to try and kill him. There’s animosity there. It’s on sight. Like JJ wants to kill him. That’s a fight he wants.

“It’s nuts, it’s crazy to say though, isn’t it? You’ve got a YouTuber that wants to fight Floyd Mayweather.”

Mayweather returns on August 24 in Mexico against John Gotti III -grandson of the notorious mob boss.