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Message
re: The world's highest earning athlete is illiterate
Posted on 8/23/14 at 7:50 am to RedRifle
Posted on 8/23/14 at 7:50 am to RedRifle
quote:
He earned $80m last year. Someone this impaired is going to go broke.
Who cares if youre impaired as long as youre making 80 mil i think he will be ok.... Some people dont realize how much money that really is
1
Posted on 8/23/14 at 7:50 am to KBeezy
A notorious woman beater makes 80M a year.
Good for him.
How does he get away with it?
Oh yeah. Must be the 80M a year.
Good for him.
How does he get away with it?
Oh yeah. Must be the 80M a year.
Posted on 8/23/14 at 7:53 am to Revelator
quote:
Agreed. Someone who can't read contracts or even know what type of legal documents he is signing is ripe to be taken advantage of. Very sad situation.
You dont think he has lawyers to do that for him?
All the middle class people in here telling a guy worth over $100 million how to handle his money... 
Posted on 8/23/14 at 7:56 am to jg8623
quote:
ou dont think he has lawyers to do that for him?
That's exactly how these people get taken advantage of you dope
Posted on 8/23/14 at 7:57 am to GeeOH
quote:
You motherfrickers are the dumb ones thinking there's something wrong with his business plan.
I am no financial genius, but I am pretty sure you don't keep 80 million in the same type of acct my 5 year old keeps his birthday money.
Posted on 8/23/14 at 7:58 am to jg8623
quote:
Who cares if youre impaired as long as youre making 80 mil i think he will be ok.... Some people dont realize how much money that really is
Plenty of people have crashed and burned with much more money before. He probably only has a few more years of legitimate earning power before his lifestyle and stupidity catch up to him.
Posted on 8/23/14 at 7:58 am to yellowfin
quote:
You dont think he has lawyers to do that for him?
Posted on 8/23/14 at 7:59 am to jg8623
quote:
You dont think he has lawyers to do that for him?
Go ask black boxers from the 70s and 80s how great and trustworthy their lawyers were
Posted on 8/23/14 at 8:01 am to Zchlsu
Floyd Daughter: hay daddy can I watch tv?
Floyd Mayweather: No its late and you need to go to bed.
Floyd Daughter: well can you read me a bedtime story before I sleep.
Floyd Mayweather: ................................ok you can watch T.V.?
From the comments section
Floyd Mayweather: No its late and you need to go to bed.
Floyd Daughter: well can you read me a bedtime story before I sleep.
Floyd Mayweather: ................................ok you can watch T.V.?
From the comments section
Posted on 8/23/14 at 8:05 am to RedRifle
Posted on 8/23/14 at 8:25 am to RedRifle
Most of them do.
Posted on 8/23/14 at 8:38 am to RedRifle
Very sad
Posted on 8/23/14 at 8:53 am to Zchlsu
Posted on 8/23/14 at 9:02 am to Breesus
quote:
Go ask black boxers from the 70s and 80s how great and trustworthy their lawyers were
I get all that. Just getting annoying when every super rich athlete of a certain ethnicity does something dumb everyone starts screaming "He'll be broke in 3 years, what a retard. IF i was him i would do this and that and blah blah blah". I know it happens, but it seems like every single one of them will be broke according to this board
Posted on 8/23/14 at 9:13 am to jg8623
quote:What does someone's class status have to do with their personal finance knowledge? A lot of financial advisors who do that kind of a thing for a living are middle class.
All the middle class people in here telling a guy worth over $100 million how to handle his money...
Floyd is a dumbass with a lot of green pieces of paper. That doesn't make him a financial genius just because he has a lot of money.
If having money meant you knew how to handle it, no athlete would ever go broke. But that clearly isn't the case.
Posted on 8/23/14 at 9:35 am to jg8623
To be fair, about 70% of them are bankrupt within 5 years of retirement.
The ones who aren't are typically the richest, but they can at least read. Dude needs to hire someone to start investing his money wisely so his family is set for generations, not just a decade.
The ones who aren't are typically the richest, but they can at least read. Dude needs to hire someone to start investing his money wisely so his family is set for generations, not just a decade.
Posted on 8/23/14 at 9:37 am to jg8623
quote:
All the middle class people in here telling a guy worth over $100 million how to handle his money...
No one is telling him how to box nitwit, he probably has the millions in spite of himself, because he is a great boxer, not because he is a financial guru.
He boxes well, that is why he is rich. No one is advising Warren Buffet
Posted on 8/23/14 at 9:41 am to jg8623
quote:
All the middle class people in here telling a guy worth over $100 million how to handle his money...
More of them go broke than you think. They spend it as fast as they make it. Not sure what class has to do with it.
Posted on 8/23/14 at 9:43 am to RedRifle
quote:
@FloydMayweather Read this $72,276,000.00. God bless.
Posted on 8/23/14 at 9:56 am to tunechi
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