Tuesday, October 4, 2016
Floyd Mayweather vehicle collection
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| Floyd Mayweather vehicle collection |
For those who don't know him, Floyd "Money" Mayweather Jr. is one of the greatest boxers of all time and the highest paid athlete ever.
Floyd Mayweather enjoys the good life and spends (wastes) his Money freely on everything and anything that is expensive and is always accompagnied by his entourage of dozens of sycophants wherever he goes.
At least, he spends some (a lot) Money on some really interesting luxury cars and a private jet.
Floyd Mayweather $123 MILLION bank account
Floyd Mayweather is "a big proponent of maximum liquidity", which mean he keeps $123 MILLION in a single bank account. After the stock market crash of 2008, I can understand this kind of hoarding. However bank accounts are only insured for a maximum of $250,000 in case of bank's bankruptcy. Oups!
Sources and interesting links:
http://www.fool.com/investing/general/2014/12/21/floyd-mayweathers-3-biggest-money-mistakes.aspx
Hedge fund manager $100 Million bank account
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| David Tepper $100 Million atm receips |
Hedge fund manager extraordinaire David Tepper left behind him a receipt indicating an available balance of $99,864,731.94 after using an ATM machine to withdraw $400.
With such an amount of Money sleeping at 0.5% a year, maybe David Tepper doubts his own abilities as a Money-maker.
As a multi-Billion dollars hedge fund manager, David Tepper should put his Money were his mouth is.
Source: http://www.celebritynetworth.com/articles/entertainment-articles/floyd-mayweather-keeps-123-million-cash-checking-account/
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