Top Athletes That Turned Investors

Investing in brands and start-ups has always been one of the most popular ways to risk money for a certain profit. The stock exchange market allowed people the chance to own a certain percentage of a company. The more popular the company would become, the higher the value of the shares is and the higher your profits will be.

The most traditional way of buying shares is via brokers and visiting the markets. But, as time passed by and technology evolved a lot, buying shares online has become a reality. This is a new and far more efficient and effective way of investing since you do all of your research by yourself and figure out what is the best move for yourself.

Buying shares is a good way to secure your wealth and solidify your future. That is why many rich people are always on the lookout. Sportsmen are among the most popular investors. They accumulate a lot of wealth in a short period of time and most of them don’t have any idea on how to handle it. That is why they are often advised to invest it rather than spend it on silly things. By investing, they are securing their future, but they also act as role models for younger generations and lead them on a good path by teaching them that every penny counts and it is important.

With that thought in mind, we decided to give you a list of some of the most popular athletes that decided to invest their money and buy shares into numerous companies.

LeBron James

LeBron is probably the greatest basketball player of this generation. Many fans look up to him as he is the perfect example of a humble celebrity who wants to help everybody out. Not only is he humble, but he proved to be a smart investor after he bought shares in one of the most popular football clubs in the world, UK’s very own Liverpool FC.

The British stock exchange market has always been one of the most stable and most profitable in the world, which is why it’s the first choice of many investors. If you are one of those investors, we can help you get to know the UK market. We found the perfect site where you can learn how to buy and sell shares in the United Kingdom and it is worth checking out.

LeBron received a 2.5% stake in Liverpool back in 2011. Every expert stated that this is a failed investment because Liverpool was having a hard time in that period and everyone thought that it is impossible to regain their former glory. Fast forward 9 years, Liverpool is considered the most profitable and strongest football club in the world. LeBron’s initial investment of around $6 million is now worth well over $40 million.

Kobe Bryant

One of the greatest icons in the world of sports and the role model of millions of kids around the world who sadly passed away recently in a tragic accident was known for his intelligence outside of the court. Along with his partner Jeff Stibel, Kobe has invested in more than 15 businesses. Bryant also invested $6 million on Body Armor back in 2016 and his shares are worth over $200 million today. Talk about a smart investment huh?

Williams Sisters

Serena and Venus Williams are one of the greatest female athletes ever. There was a time when they dominated the world of tennis and made a fortune out of their success. But, they also ventured into the business side of life and decided to invest their money. Serena Williams invested money into Daily Harvest, a food start-up company that delivers healthy meals to your house.

Her sister, Venus, is an investor in Ellevest, a financial app that provides tips on saving money and empowers women.

Chris Paul

Chris Paul stated in a press conference a while ago that he wants to help shape the way that Americans choose their drinks. And he was serious about it. After researching the market, he invested his money in sports drink and watermelon juice called WTRMLN WTR. This drink contains all the ingredients and vitamins that an athlete needs during exercises.

ORIGINALLY PUBLISHED ON

in

Power & Money

Photo of author

Emma

It's a little lonely being one of the two female writers here, but I do my best! You'll find me covering everything from relationships to the newest gadget I'm excited about.

Leave a Comment