“Greater than I could ever imagine,” Terence Crawford amazingly reveals generous $100k spending after earning first million dollars in life
American professional boxer Terence Crawford revealed how he spent his first $1 million in a recent interview with GQ Sports.
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Terence Crawford reveals how he spent his first $1million ( Image source: Getty Images )
Terence Crawford is an accomplished professional boxer from the United States. He has achieved remarkable success in the world of boxing by securing multiple world championships in three different weight classes. Between 2015 and 2016, Crawford participated in legendary matches that resulted in earnings exceeding $2.5 million. This marked a significant milestone in his career. This newfound financial success allowed him to make various investments and fulfil personal expenses.
Terence Crawford’s journey began with his first professional fight, where he earned a modest $600. As he progressed in his career, his earnings grew substantially. It was a pivotal moment when Crawford engaged in a high-stakes 7-figure bout. He defended his light welterweight title against Hank Lundy, earning an impressive $1.2 million. He further solidified his financial standing by unifying against Viktor Postol and pocketing an additional $1.3 million. Interestingly, his initial five title fights, including opponents like Burns, Gamboa, Beltran, and others resulted in comparatively lower earnings. All were less than $1 million.
Diligently managing his money, Crawford made significant purchases. Those include a beautiful 4-bedroom home in Omaha, Nebraska, for $150,000, where he currently resides. He indulged in luxury by splurging on two top-of-the-line pickups, which totaled $165,000. Recognizing the importance of wise investments, Crawford allocated $100,000 to acquire a piece of commercial real estate. This is where he established his own gym. Terence says, “It turned out greater than I could ever imagine”. His gym, the B&B Sports Academy, is a community-based athletic center and a non-profit organization founded jointly by Crawford and his coach.
Additionally, he demonstrated his generosity and care for family members. He spent $250,000 to build a house for his sister, which now stands on Terence “Bud” Crawford Street. Furthermore, he dedicated $80,000 to renovate his grandmother’s house, ensuring her comfort and happiness. Not forgetting his other sister, Crawford went on to invest $260,000 in purchasing a house for her, exemplifying his commitment to supporting and looking after his loved ones.
Internet reacts to Terence Crawford’s generous spending on Twitter
The internet always appreciates a generous gesture, especially from a well-known celebrity. Terence Crawford‘s GQ interview revealed how the world champion boxer provided for himself, his family, and his community from his earnings. Here are some of the reactions from Twitter:
In conclusion, Terence Crawford’s success both inside and outside the boxing ring serves as an inspiration to aspiring athletes and individuals. It highlights the significance of responsible financial planning and ensuring the well-being of the family.
His story showcases how hard work, dedication, and smart financial decisions can lead to a fulfilling life beyond the realm of sports.
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