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How long before Floyd is bankrupt like Tyson and Holyfield who also made hundreds of millions ?
15 Answers
- Denny PillLv 46 years ago
Holyfield has 20 kids with 20 different women so his child support issues caused him to go broke along with Bob Arum taking 70% of his pay days(which is why Floyd was smart enough to Leave Bob Arum and in turn keeps almost 100% of his pay days), and Mike Tyson had Don King and Robin Givens stealing all his money. Floyd doesint have those problems, plus Tyson and Holyfield never did the numbers Floyd did or made anywhere close to as much money. Floyd is worth a half a billion dollars, Neither Holyfield or Tyson ever had that kind of money
- galactus177Lv 76 years ago
Not as soon as you think. It's very possible that Mayweather could lose most or even all of his money. In fact, I'm sure there are those who are doing their best to ensure that. That's the darker side of America. Get That Money At All Cost.
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But Tyson and Holyfield have proven to be FAR more Foolish with their money than Mayweather is likely to be. Floyd may flaunt his cash but there are indications that his greatest fear in life is having to live something less than the extravagant life he's used to.
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The worst person in the world could still survive if he has that right goal, even if his other intentions are morally horrible. Floyd is probably not the jerk he portrayed to the media during the early days of his career. But he's also not the most upstanding of men either. But, regardless to who he really is, if his conviction is strong enough, he would likely do whatever it takes to maintain his lifestyle.
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Holyfield has babies in nearly every state, a Guarantee for financial failure. Tyson never really seemed to care what happened to his money. It's as if he, like so many, believed it would never stop coming in.
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At the rate he's going, it's very likely that Floyd will lose some of his money. But I suspect he has people around him who will do what they can to prevent a total loss.
- Anonymous5 years ago
I'd be much more concerned about a domestic threat than a foreign one. If you look at most of the bloody or tyrannical take overs in the last century they were from internal factions and not external ones. Think China 1949, Russia 1917, Germany 1933, and many others (N Korea, Iran, etc). The people of these countries were often very well armed because guns were used to get food, were available from previous military events, etc. It was not the force of the gun that allowed for takeovers but the force of propaganda. People were led to believe mostly in vague threats to their way of life or that some sort of perfect society could be formed. The tactics used by propagandists are strikingly similar among tyrants and are clearly seen in the US today in the fear mongering and tribalism promoted by the so called 'conservative' parties. Adolf Hitler outlined "the big lie" concept in Mein Kampf (a lie so big that it must be true because no one could have the audacity to state it otherwise. Goebbels refined the concept with "Propaganda to the home front must create an optimum anxiety level". We see that today with such arguments as the idea that everyone needing assistance is a moocher, Science is a liberal conspiracy, we need to "take our country back" [from any one of a number of amorphous enemies],etc.). Guns may well be needed for national defense, but the weapon that will destroy the US, and is destroying it, will be the slow and steady application of misrepresentation, of distortion, of tribalism, and fear mongering. Convince people they are under threat and not a single shot need be fired.
- lestermountLv 76 years ago
I read an article that said most professional athletes will be in the same position economically five years after their sport that they would have been without the sport.
In his case he has more money than most professional athletes, so it may take longer, but if he invests with some of his good friends and their businesses, it may not take 5 years to be bankrupt.
- 6 years ago
Floyd Money Mayweather doesn't have people around him who have their greedy hands in his pockets. Floye id going to hang onto his money. He's smarter than Holyfield and Tyson. They have Ex-Wives to pay Alimony and give Property to. Floyd doesn't.
- Anonymous6 years ago
Floyd will be fine. Quit hoping for people to go broke
- 6 years ago
Just method I possibly could image him or her heading shattered is actually in the event that an individual simply arbitrarily chooses in order to prosecute him or her.
- LeoLv 76 years ago
Who knows, maybe retirement could make him depressed n spend like crazy to make him happy, n become financially in trouble.