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Former five-division champion Floyd Mayweather may no longer be delivering knockouts in the ring, but he’s still making headlines and winning hearts outside of it. His latest million dollar move? 

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A generous n gift to his grandson, Kentrall Gaulden Jr—son of Mayweather’s daughter Iyanna ‘YaYa’ and rapper NBA YoungBoy—proving that Mayweather’s legacy of giving extends far beyond the boxing world. Earlier this week, TMZ Sports reported that ‘The Best Ever’ added another jewel to his already bedazzled real estate portfolio. Mayweather reportedly entered into an agreement to purchase a prominent building in New York City for over $20 million. The property in question is a corner unit located on 6th Avenue and 47th Street in Manhattan. Interestingly, Mayweather is no stranger to this building. According to TMZ, the retired boxing legend has frequented the Diamond District location multiple times for high-end shopping sprees.

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Even more enticing is the fact that the building includes a diamond exchange, multiple offices, and a massive, revenue-generating billboard—a feature that likely caught Mayweather’s attention. However, the twist in the story is that he is not keeping it for himself! On the auspicious occasion of Christmas, Floyd Mayweather seems to have gifted the expensive investment to his three-year-old grandson. 

On December 25, the former world champion hopped on his Instagram story to share a video clip where KJ can be seen excitedly approaching Mayweather to give the undefeated boxer his Christmas present. As Mayweather accepted the sweet gesture, he asked, You got me this? Well, guess what Papa bought you…Wait lemme put this [TV] on mute. Guess what I bought you?” To this, little Meezy asked, “What?”  

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“You the first kid that owned a building in the Diamond district in New York City. We bought you a building,” he added, eliciting cheers from his family members. In an endearing moment following the exchange, Meezy promptly gave his ‘Papa’ a hug, after which the retired professional boxer quipped, See our matching pajamas. You like…?” The answer? A wholesome thumbs up from the little one, followed by a high-five. And if that’s not adorable enough, wait till you hear what Meezy gifted his grandfather…

Well….[drum rolls…]…a teddy bear…in a business suit! A fitting gift for Mayweather’s new profession as a real estate mogul. For the unversed, the boxing legend has been dabbling in huge investments over the year. Just in October this year, the 47-year-old reportedly made a massive real estate investment in apartment buildings around the upper Manhattan area in New York City. As per TMZ Sports, the icon reportedly bought over 60 buildings comprising over a 1,000 units for a staggering $402 million. But it’s not for his personal use…

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Mayweather’s aim is to reportedly provide affordable housing for financially backward families. “Growing up I used to dream about owning just one home by myself, when you work hard you can achieve anything,” he had said of the purchase. Notably, this isn’t even the first time the billionaire boxer has showed his philanthropic side to the world. Ahead of his 2017 bout against Conor McGregor, he reportedly sold sponsorship VIP packages worth $20,000 per purchase, and then donated all of the proceeds to London Charity Working Action Group (WAG).

He is also staunchly against homelessness, as evident by his $402 million purchase. “Homelessness is something that our society should not tolerate and I consider it a privilege to be able to help,” the boxer had once said. What’s more? Earlier this year, when Mayweather noticed three homeless people on the streets of Los Angeles, he reportedly gave $30,000 to them. Looking at the benevolence he has toward strangers, it’s only natural that Mayweather’s grandson would be as loved as he is.

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As for Little KJ, he is also quite famous as an Instagram influencer with over 320k followers. And, as expected, most of his posts are centered around the apple of his eye: His grandfather.

Having said that, for Floyd Mayweather, the Diamond District purchase seems to be a huge personal milestone…

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Mayweather proves anything is possible through hard work

Back in October, ‘Money’ started his New York real estate investment frenzy with a whopping  $402 million. The investment was geared towards providing affordable housing to the public, as Mayweather’s life before boxing fame started in a similar situation. 

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The very next month, Mayweather also acquired a stake in Miami’s iconic Versace Mansion. This spree of investments continued until December. Regardless, sharing a statement on his latest splurge, Mayweather said, “I used to shop in the diamond exchange as a young adult. I never thought I would end up owning this important property at the entrance of 47th Street.”

The purchase was reportedly assisted by Morris Betesh of Arrow Real Estate Advisors, and Mayweather seems to be proud of how the deal turned out. “Through hard work and dedication anything is possible,” he added. 

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Kentrall Gaulden Jr. seems destined for success, having received an entire building as a Christmas gift from his grandfather. But what are your thoughts on Mayweather’s latest high-profile gift?

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Written by

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Sudeep Sinha

4,781 Articles

Sudeep Sinha is a Golf Writer at EssentiallySports, covering the PGA Tour, LIV Golf, and the storylines around the sport's biggest events and names. He previously spent over two years writing in the Boxing department, where his fight-night coverage was featured on Sports Illustrated, Daily Mail, and Yahoo Sports, including his reporting on Ryan Garcia's career arc. On the golf beat, Sudeep covers tour news, player form, and the season-long storylines that shape the men's and women's game, from majors to the ongoing shifts in how professional golf is structured. That same appetite for detail that made his boxing coverage stand out now shows up in how he breaks down a swing change or a schedule shakeup for hardcore and casual fans alike. Outside work, he splits his time between reading, cycling, and following combat sports.

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Amal Joyce

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