Floyd Mayweather gifts $20M Diamond District property to NBA YoungBoy’s son for christmas

Floyd Mayweather surprises grandson with historic $20M Diamond District property gift

Floyd Mayweather celebrated Christmas with a historic gift for his grandson, Kentrall Gaulden Jr., presenting him with a $20 million property in New York City’s iconic Diamond District. In an Instagram video, Mayweather captured the heartwarming moment as he surprised his grandson with the announcement, saying, “We bought you a building. You’re the first kid that owns a building in the Diamond District in New York City.”

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The building, located at the corner of 6th Avenue and 47th Street, houses a diamond exchange, multiple offices, and a revenue-generating billboard. Known for his connection to the area, Mayweather reflected on the purchase, saying, “I used to shop in the diamond exchange as a young adult. I never thought I would end up owning this important property.”

This gesture adds to Mayweather’s reputation as a strategic investor. Since October, he has expanded his real estate portfolio significantly, starting with a $402 million investment in Upper Manhattan, where he acquired 60 buildings with over 1,000 units focused on affordable housing. In November, he also purchased a stake in Miami’s iconic Versace Mansion.

While Mayweather’s investments highlight his business acumen, his Diamond District acquisition stands out as a deeply personal gift. By passing this asset to his grandson, he demonstrates his commitment to creating generational wealth and blending family milestones with strategic financial decisions.

Mayweather’s Christmas surprise not only underscores his success but also reflects his belief in the power of hard work and his ability to inspire future generations. This extraordinary gift cements his legacy both in and out of the boxing ring, showcasing his transition from sports icon to visionary entrepreneur.