Floyd Mayweather found himself in the hot seat after claiming he had just pulled off one of the biggest real estate moves in Manhattan history — buying 62 multifamily buildings worth \$400 million, all with his own money and with no investors. He took to Instagram to make this grand announcement, posing in front of buildings and telling followers, *“This is all me, no partners. Just showing y’all how I live and how you can too.”*
It sounded like the ultimate flex. Floyd painted himself as a real estate mogul, claiming this was just the beginning of a thousand apartment units he was scooping up across New York City. He even told followers to check his website, where he listed numerous high-value properties under his company, *Vadar Properties.*
But soon after the post went viral, **Business Insider** began to dig — and what they uncovered shattered the illusion.
According to NYC public property records, *none* of the 62 buildings had changed ownership. Experts said a \$400 million deal like this would’ve been widely known in real estate circles — yet there was zero trace of it. The organization that usually oversees such affordable housing deals, the NYC Housing Partnership, confirmed they were *never* notified of any such sale. In fact, they said, *“We would normally be involved in any such transfer. That hasn’t happened.”*
Turns out, Mayweather didn’t actually *own* the buildings — not even close. An anonymous source familiar with the deal told Business Insider that Floyd only held a *tiny minority stake* in the portfolio, with an *option* to increase that stake in the future. The implication? He was more of a brand ambassador than an owner.
Even worse, the company that actually owns the properties — **Black Spruce Management** — confirmed that Floyd was basically just a promotional partner. They praised him as a “great ambassador for affordable housing” and stated that he had fulfilled all his duties. In other words, Mayweather was not calling the shots — he was helping *market* the brand.
Business Insider went further. They checked Vadar Properties’ website and found Mayweather listing *other buildings* — including 1196 Avenue of the Americas — as if they were his. But again, public records showed that building was not sold. When asked about it, Mayweather’s rep casually admitted, *“That deal hasn’t closed yet.”*
So not only did Floyd not buy the 62 buildings, but he was also advertising properties he didn’t even own — all to look like a billionaire real estate king.
**Part 2: The Lawsuit & 50 Cent’s Response**
When the Business Insider story blew up, Mayweather didn’t back down. Instead, he accused the media of racism and trying to hold him back as a Black entrepreneur. He posted a lengthy caption about breaking stereotypes, rewriting the narrative, and being doubted because he wasn’t “supposed to win.” But many could tell that the emotional plea was more damage control than truth.
Even more shocking — Floyd didn’t sue **Business Insider** itself. He sued the *reporter* personally, a man named Dan Geiger. This raised eyebrows. Why go after an individual journalist instead of the powerful media company? Critics said it looked like an intimidation move — targeting someone who probably didn’t have the legal resources to fight back.
Meanwhile, **50 Cent** was watching it all unfold — and he couldn’t resist chiming in.
50 Cent, never one to pass up a chance to roast Floyd, posted a photo and wrote:
> “Damn champ, they caught you capping. Time for another exhibition.”
That one line said it all.
50 Cent called out Floyd for fabricating an entire real estate empire to flex on Instagram, knowing full well that he didn’t own those buildings. Whether it was a complete fraud or just a huge exaggeration, Floyd misled the public. And now that he was being exposed, instead of owning up to it, he was trying to silence the messenger.
To some, Floyd Mayweather is still a legendary boxer. But to others, this saga proved he might be just as eager to land punches in the world of illusion and image — even if it means lying about \$400 million real estate deals to boost his brand.
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