Flexing His $20 Million Empire, Antonio Brown Expresses Interest in Buying $12 Million Worth Luxurious Property
Former NFL superstar Antonio Brown diversified his portfolio even more after buying majority stakes in the Albany empire last month. Now, he is setting his eyes on a super luxurious mansion, Palazzo Riggi, which is estimated at around $12 million. In fact, he has already begun talks with the realtor handling this deal. AB boasts a net wealth of $20 million that he has accumulated from the football arena and brand endorsements.
For the last couple of months, Brown has been a controversial entity in the football world. After his infamous walk-off incident, the 34-year-old got engaged in various fields like music and modeling. His transition also attracted plenty of misdemeanors and high-profile cases, but now the veteran seems to have chosen a disciplined approach.
Antonio Brown wants to purchase a Palazzo Riggi
The former wide receiver’s life has been quite bumpy, ever since he left the NFL. But all these setbacks have fueled his attitude, and now Brown is engaged in expanding his business empire. Per reports, AB is negotiating with Margie Philo, managing broker with Berkshire Hathaway Adirondack Premier Properties, to acquire this mansion.
“We are negotiating with him,” Philo said, per the Times Union. “We are not able to discuss anything further at this time,” he added. The property is listed at around $12 million, and some reports even suggest the value has skyrocketed since the potential bidders entered the market. His value may increase by as much as $15 million. However, the details of this negotiation have not been disclosed yet.
This Palazzo Riggi sits on 1.3 acres of land that was previously owned by socialite Michele Riggi. It was constructed in 2003 and still remains a luxurious asset in the entire locality. It has several amenities like six bedrooms, 13 bathrooms, two kitchens, four fireplaces, a five-car garage, a bowling alley, a movie theater, and a lot more. Hence, it is a perfect choice for celebrities to call it home.
Antonio Brown owns a football team as well
The year 2023 appears to bring loads of success for AB, as he has bought minority stakes in the arena football team, Albany Empire. It happened in March, and one month later, he also brought his dad, Eddie Brown, a former football star, into this ownership club.
WELCOME TO THE TEAM! @AB84 @HCEBrown pic.twitter.com/Aj29hsgkJY
— Albany Empire (@thealbanyempir) March 2, 2023
As a result, Antonio now holds 95% of the team and owns a majority stake in the business. Although there have been some discrepancies regarding payroll because of an unhealthy transition of power, things are expected to change in the coming days.
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