Where did Manny Pacquiao’s money go?
Considered as the “OFW billionaire” by many Filipinos, Manny Pacquiao deserved what he earned for. He worked hard for it with speed, power, endurance and persistence. With all his winnings lumped together, Manny Pacquiao can very well said that he can now retire. But, that’s not Manny. He still has not reached his full potential as a boxer.
Let’s take a look at how Manny manages his money. Is he managing his financial wealth wisely or as a fool?
So, where did Manny Pacquiao’s money go? Here it is!
- A 4,500 square feet, 5 bedroom house in Hancock Park which borders Beverly Hills
- A ten-door apartment complex in Melrose District commercial and residential community in the Holywood District of Los Angeles
- A a two-storey mixed-use JMP commercial building at corner South Osmena & Sampaguita Streets in General Santos City
- An MJP building in Aparente Avenue, General Santos City
- A convenience store
- A P35 million mansion in General Santos City
- A house in BF Homes in Paranaque City
- A house in Brentville where his two sons go to school
- The old, rundown L&M Gym in Manila which he converted into a 7 storey building for training young boxers
- Scholarships to some 200 poor but bright students in Sarangani province
- Medical Clinics for the less fortunate
- BluGre Coffee franchise in General Santos City
- Jinkee’s Fashion World to feature Manny Pacquiao’s shirts and souvenirs
- A JMP Multi-Purpose Gymnasium in General Santos City. Consists of 4 buildings with a huge closed-door fully equipped state-of-the-art gym comparable to Freddie Roach’s Wild Card Gym in the United States.
- Hundreds of fighting cocks
- A basketball team
- Manny Pacquiao Promotions
- A gasoline station
- A farm in Malungon, Sarangani
- A multi-million dollar special economic zone project in Barangay Olympog within his 300 hectares personal property. Half of the capital expenditure will be shouldered by outside investors.
- A construction firm — The Manny Pacquiao Heights Development Corp.
- A college degree. With his busy shedule, Manny still gives more importance to education. He is currently taking up Bachelor of Business Administration major in Management.
Manny Pacquiao also has other professional and business interests, among them are:
- Singing Career with the help of Lito Camo. He now has a music album including “Para Sa Iyo.”
- Acting and Filmmaking. He orchestrated the filmmaking of “Anak ni Kumander” where he carries the leading role.
- Commercial endorsements. He endorses San Miguel beer, Magnolia ice cream; Talk N Text SIM cards and services, Alaxan FR, McDonalds chicken, Motolite batteries, Café Puro coffee, Head & Shoulders to name a few.
- Promoting boxing fights.
Source: General Santos