It Goes Away
This is how multi-millionaires go broke. All it takes are some bad investments, and a Judas in the camp. Floyd Mayweather bet 3 million dollars on a college football game and lost. I know people are going to say he has the money; but does he really? What if none of his many children can fight? They probably won't be runway models and leading men on the big screen either Some of them are teenagers already. None of them have shown a propensity for the camera thus far. They all look like him.
Floyd Mayweather is rich but not wealthy. His bark is bigger than his bite. He loves to be the center of attention. I think that's why he went to jail. They wanted to show him who was boss. In spite of all his money. He couldn't buy his time and keep from going to jail. He did a three month sentence for domestic violence. He might be big but he isn't bigger than boximg. This TMT promotions hasn't worked yet.
Look what happened to Evander Holyfield. He was once on top of the world at one time. He is now bankrupt and his house is in foreclosure. When you stop fighting the big paychecks are over. You better have saved some money or made some wise investments. Just as fast as you made it, it goes away. The money disappears in chunks. Just like it came.
7 Comments:
Pride comes before destruction. He doesn't listen to anyone. He cussed out his father and Larry Merchant. That's disrespectfu and not good business. It will come back to haunt him on both accounts.
TMT is off to a good start. I watched some of his fights this past Saturday.
Note: I didn't see Fifty.
Dan Marino lost 14 million dollars on a bad investment. Digital Domain went banktupt.
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