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/biz/ - Business & Finance

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24613408 No.24613408 [Reply] [Original]

I've always wondered, where do prize fighters keep their cash? Is there like a specific bank that they use? Or do they use the same big banks we use but have access as a private client. I'v read Mayweather keeps his money liquid, and how the hell did Mike Tyson lose all of his winnings. Should they have done what George Foreman did and reinvest in shit like a grill?

Asking for a friend.

>> No.24613725

>>24613408
bank of america

>> No.24613920

>>24613408
Who the fuck cares?

>> No.24614071

>>24613408
They usually invest their cash into depreciating vanity assets + business relations with scammers personating as their financial managers.
Now go fuck off with your boring questions

>> No.24614100

>>24613408
Mayweather carries all his cash with him, that pile is getting smaller and smaller in every photo

>> No.24614116

Hi floyd, you can put that money into bitcoin if you wish to avoid the banks.

>> No.24614384

>>24613408
>I'v read Mayweather keeps his money liquid, and how the hell did Mike Tyson lose all of his winnings.
the short answer to this involves intelligence quotient and mid double digit numbers.

>> No.24614418

>>24614100
Lmfao that would be hilarious, he is kind of looking at the pile with regret.

>> No.24614449

because they're

N

>> No.24614472

I

>> No.24614500

>>24614472
-rish

>> No.24614723

>>24613408
https://www.youtube.com/watch?v=eb3pmifEZ44
1:30, where he says he sold a company for 400 million $, and he got the money in cash.
So some transactions do occur in cash, If boxing have a similar cash transaction, then it would explain why Mayweather have so many images of himself with a pile of cash.

>> No.24614738

>>24614723
it was 1:25

>> No.24614883

>>24613408
How many $ do you think that is in the pic. Im guessing 1.6 million

>> No.24615740

>>24614883
There's not even 400k there

>> No.24615779

>>24613408
Mayweather pays people to manage his shit for him. If he didn't do that he woul .be flat broke within 5 years. The dude can't even read

>> No.24615909

>>24615779
Well if he did that he is smart enough

>> No.24616389
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24616389

>>24613408
>keep their cash
they don't, they spend it.
too many blows to the head ruined any chance they had at making good financial decisions.

>> No.24616436
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24616436

It is hard to find a good platform with crypto solutions to invest in.

Studied DuckDAO, read twi posts of crypto pros. Seems like it is a transparent platform with an investment system. Do you know anything about it?

>> No.24616518

>>24614883
typically each one of those straps contains 100 bills as far as I know.
something like 360k there, lazily counting

>> No.24616915

>>24613408
I heard mayweather is all in on xrp