No wonder Holyfield keeps fighting

:admin I would also keep fighting to keep that mansion.

 

And the only thing he has to show for it is the foreclosure notice.:rofl

 

You're actually very close to the mark.

It was Hammer of course that helped persuade Holyfield to return to the ring in '93, and had that massive mansion himself (that also basically helped bankrupt him). I'm sure Holyfield took at look at Hammer's pad and decided it was a good idea too.

It's an awesome sight, no doubt, but the upkeep is crazy. Combine that with child care payments and Holyfield's got a major hole in his money bucket, and has for years.

You also have to bear in mind the psychology behind it. Holyfield came from a poor family...having a massive house is a big status symbol to him, something to show he's made it. Problem is it's just far too massive. It arguably was even during his prime earning years, and definitely is now.

 

I'm sure he didn't need too much persuasion from Hammer.

 

Jesus, Mary and masterbating Joseph! That's a ****in' palace.

 

He does not need a house that big, it's crazy.

 

It's take a huge fortune to maintain a huge mansion like that one. It is insane for him to do such. He could have a mansion half that size and keep it up well, but that one is way too big.

 

looking at that all i can think of is how well stocked his fridge must be!!

 

I didnt read the whole post. I think they quoted something like 13k a month in maintenace/taxes to keep his mansion up to date.

The thing about Holy is that until the market took a dive he was invested very solidy. I remember an interview on CNBC where the financial manager was the guy who handled Holy and he said Holy never has to worry about fighting again. That was in 2003 and holy was in new york at some famous steak house with a 200 dollar steak and a 400 dollar bottle of wine!

Ha! Wish I had recorded that so much for not fighting again!

 

I read that McCain's houses take around $200,000 plus to maintain.

 

He has what 7 houses? Imagine this is just one "Holy House":rofl
and it takes 150k a year to maintain and pay for the property taxes.

 

Yep. That house is much bigger than it looks also.

 

"I was a superintendent on the construction of Evanders home. The photo is of the rear of the home.
Trivia: the library is built in a half-circle with floor to 20′ ceiling bookcases … one of which swings away from the wall to reveal a hidden room!
He also has a giant master bedroom where there is a fireplace guarded by 2 large ceramic(?) lions. He also has a 19 foot long bathtub (TRUE!) surrounded by Roman columns. The bedroom also has a massive sitting room with kitchen. His wife’s closet is a huge 2-story room. His trophy room also has a secret door for hiding his Olympic medal!
The wing on the right front is the dining wing. The identical one on the left is Evander’s huge office. The basement has a giant game room, pool room, indoor lap pool, basketball court, handball court and 2 bowling alleys."

 

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The Holyfield mansion is on 235 acres in southwest Atlanta in an area called Fairburn.The absurdly over the top mansion has reportedly 104 rooms, 54,000 square feet and a pool that looks like a tiny city.

Just wanted to see some more information. I was actually looking for the dimensions of his pool. Thats the biggest outdoor private pool I think I have ever seen


LOL

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1 more post because I was interested in details

To reach the main house from the gated entrance of Holyfield's estate, which sits on 235 acres in Fayetteville, a town south of Atlanta, visitors drive past a lake and over a hill. Holyfield built the 54,000-square-foot house in 1990, the year he first won the undisputed heavyweight title by knocking out Douglas. The $20 million house has 11 bedrooms, 17 bathrooms, a bowling alley, a movie theater, huge exercise rooms and a dining room with a table large enough to accommodate 32 upholstered chairs.

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This isn’t excess. It’s wretched excess, a monument Holyfield built to himself, marble-plated proof that he had overcome the terrible poverty in which he grew up.

He told Berkow that he likes to share his wealth with disadvantaged children:

Holyfield invites 5,000 underprivileged children to his home for a picnic and fireworks on the Fourth of July, and for Christmas he buys $50,000 worth of toys and invites hundreds of children to visit. "To see for themselves that a black man can make it, a man that came from a place like they live in," he said. "To give them hope and something to strive for."