In the latest twist in the world of celebrity real estate, rapper and entrepreneur 50 Cent has publicly criticized boxing champion Floyd Mayweather Jr. for allegedly fabricating claims about his recent property investments in New York City. The controversy stems from Mayweather’s announcement of purchasing a portfolio of 62 rental apartment buildings for an estimated $42 million. However, recent reports from Business Insider have cast serious doubts on the veracity of these claims.
Mayweather took to Instagram to showcase his supposed acquisition, stating, “I purchased 62 apartment buildings in New York City… all the buildings belong to me; I don’t have no partners.” His intent, he said, was to share his lifestyle and inspire others to make similar “power moves.” Yet, as Business Insider reported, there is no evidence that such a deal has taken place. According to the publication, the ownership of the properties remains unchanged, and they do not belong to Mayweather as he claimed.
The boxing legend’s assertions have led to widespread skepticism. Many are left questioning the motivations behind his statements, especially given the lack of documentation to support his claims. Critics, including 50 Cent, have not hesitated to call out Mayweather on social media, suggesting that the boxer may have exaggerated his financial dealings for personal gain or publicity.
This incident highlights the ongoing scrutiny of celebrity financial claims, especially in the competitive world of real estate. Mayweather’s statements, once thought to bolster his image as a savvy investor, now seem to have backfired, raising concerns about accountability and transparency among high-profile figures.
As the story unfolds, it remains to be seen how Mayweather will respond to these allegations and whether he will provide any evidence to substantiate his claims. Meanwhile, 50 Cent’s pointed remarks serve as a reminder of the fierce rivalry that exists not only within the boxing ring but also in the realm of public perception and financial credibility.