When it comes to financial success outside of their respective fields, Floyd Mayweather Jr. and Kim Kardashian are two names that stand out from the rest. Mayweather, the former five-division champion, has built an empire both inside and outside the ring, constantly making headlines for his lucrative investments. On the other hand, Kardashian has amassed a staggering net worth through her various ventures.
While Kardashian’s growth in the business world is undeniably impressive, Mayweather’s recent revelation about a jaw-dropping $20 billion deal puts her business portfolio into perspective.
A comparison of the business portfolios of Kim Kardashian and Floyd Mayweather
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In an interview with Forbes, ‘Money’ Mayweather announced a staggering $20 billion deal he is currently working on. The deal will be a part of his real estate project, which includes nine skyscrapers in New York, one of the most expensive places to own property in the world. With this monumental deal, Floyd looks to solidify his position as one of the wealthiest athletes ever.
“I own nine skyscrapers. I’m constantly building, building. I got hotels all around the country. And, right now what I’m working on right now, is with my business partners from Miami. We’re working on a 20 billion dollar deal,” he said.
Mayweather’s ability to generate massive amounts of money both during his boxing career and in business ventures sets him apart. His ongoing $20 billion deal demonstrates a level of financial accomplishment that few athletes or celebrities can match.
Meanwhile, Kim Kardashian’s net worth of $1.4 billion (as per Celebrity Net Worth) is undoubtedly remarkable, and her entrepreneurial endeavors have secured her a place among the wealthiest celebrities. However, Floyd Mayweather’s ongoing $20 billion deal highlights the vast difference in financial accomplishments between the two.
Kardashian has established herself as one of the most famous and wealthiest celebrities globally. In addition, her KKW Beauty Line, which launched in 2017, generated over $100 million in gross revenue, of which she recently sold a 20% stake in the company for $200 million, valuing it at $1 billion. Despite this, both Mayweather and Kardashian recently came under fire after allegedly misleading investors through the promotion of digital assets tied to EMax tokens, a cryptocurrency.
Are Floyd Mayweather and Kim Kardashian being sued again for their previous crypto scam allegations?
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Both Mayweather and Kardashian were previously sued for promoting cryptocurrencies that had no inherent value. The crypto market, which has traditionally lacked regulation, is now undergoing a regulatory process. United States lawmakers expressed doubts about the value of cryptocurrencies unless they are regulated, citing the frequent occurrence of “rug pulls”. As per an article published in Reuters, Mayweather’s attempt to have the lawsuit dismissed has been denied by a U.S. District Judge, who argued that the boxer had profited from fans by promoting a crypto coin with no clear business plan.
This lawsuit serves as a notable example of the growing scrutiny faced by influencers and endorsers in the crypto space. Moreover, while both celebrities have appealed to the court to drop the lawsuit, it has not been successful. Only time will tell how these developments will shape the future of the crypto market. However, one thing is certain, these currencies will now be under scrutiny more than ever.
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What did you think about Mayweather’s $2o billion project compared to Kardashian’s business portfolio? Let us know in the comments below.
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