Share this page!

Enter URL or ID to Unroll

You can paste full URL like: https://x.com/threadreaderapp/status/1644127596119195649
or just the ID like: 1644127596119195649

How to get URL link on X (Twitter) App

  1. On the Twitter thread, click on or icon on the bottom
  2. Click again on or Share Via icon
  3. Click on Copy Link to Tweet
  4. Paste it above and click "Unroll Thread"!
  5. More info at Twitter Help
Morning Brew ☕️ Profile picture
@MorningBrew
Oct 11, 2021 • 13 tweets • 6 min read • Read on X
Scrolly
Rising to the level of superstar athlete often comes with access to early-stage companies and relationships in the business world.

Here are ten of the most successful athlete investors based on deal frequency, best investment, and overall business acumen.

A thread
Kobe Bryant

Career earnings: $323 million

Investments: Dell, Epic Games, Alibaba

Alternative investments: Founded a media company, Granity Studios

Best investment: Body Armor. Turned $7 million into $200+ million
Shaq

Career earnings: $286 million

Investments: Krispy Kreme, Papa John’s, Auntie Anne’s, and Five Guys.

Alternative investments: Owns 40 gyms and 150 car washes, owns stake in Sacramento Kings

Best investment: Buying Google in 1999
A-Rod

Career earnings: $455 million

Investments: 62 companies, including Dick’s Sporting Goods, Oura, Snap, Acorns, and UFC Gym

Alternative investments: Minnesota Timberwolves, Minnesota Lynx,

Best investment: Cold calling Warren Buffett to ask for mentorship
Andre Iguodala

Career earnings: $184,324,259

Investments: Jumia, Zoom, PagerDuty, Allbirds, Casper, Datadog

Alternative investments:

Best investment: Early stage investor in Zoom
Kevin Durant

Career earnings: $306,172,746 (ongoing)

Investments: Postmates, Whoop, Acorns, Robinhood, Overtime and others

Alternative investments: sports business show The Boardroom, stake in MLS’s Philadelphia Union

Best investment: Postmates $1 million → $15 million+
Joe Montana

Career earnings: $25.5 million

Investments: 32+ seed-stage companies, Pinterest, Gitlab

Alternative investments: General Partner at VC firm Liquid 2 Ventures

Best investment: Pinterest (invested in 2011 Series A)
Michael Jordan

Career earnings: $94 million

Investments: SportRadar, DraftKings, Jordan Brand

Alternative investments: Partial owner of NASCAR team, owner of Charlotte Hornets, $1.5 billion in endorsement deals

Best investment: Charlotte Hornets $175 million → $1.5 billion
Serena Williams

Career earnings: $94 million

Investments: Serena Ventures (50+ portfolio companies), billie, Daily Harvest, Impossible Foods

Alternative investments: S by Serena fashion line

Best investment: Invested early in Impossible Foods (current value ~$10 billion)
Lance Armstrong

Career earnings: ~$20 million/year during peak years

Investments: Trek, Next Ventures (his VC firm), Oura

Alternative investments: Coffee + bike shops in Texas, speaking fees

Best investment: $100K into Uber in '09 thanks to @sacca's Lower Case Capital
Lebron James

Career earnings: $346 million

Investments: Beats by Dre, stakes in Liverpool and Boston Red Sox

Alternative investments: Spring Hill, Uninterrupted, 19 Blaze Pizza franchises

Best investment: Made $700 million when Apple bought Beats by Dre
Sources:

sportscasting.com/lance-armstron…

yahoo.com/now/peek-insid…

insider.com/lebron-james-m…

cnbc.com/2020/02/14/nba…

forbes.com/sites/kurtbade…

cnbc.com/2021/03/16/a-r…

forbes.com/sites/zackomal…

frontofficesports.com/shaq-is-a-busi…

bleacherreport.com/articles/10009…

cnbc.com/2020/02/01/ric…
tl;dr here are ten of the best athlete/investors of all time

Kobe Bryant
Shaquille O'Neal
A-Rod
Andre Iguodala
Kevin Durant
Joe Montana
Michael Jordan
Serena Williams
Lance Armstrong
Lebron James

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with Morning Brew ☕️

Morning Brew ☕️ Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @MorningBrew

Morning Brew ☕️ Profile picture
Apr 1
1/ Bookings from Europe to the US this summer? Down 25%.

Travelers are saying "nah" to border uncertainty, opting for Canada, Egypt, and South America instead.

Even luxury hotel bosses are spooked.

Let's get into it. Image
2/ The CEO of Accor, a French hotel group, is calling the US "an unknown territory."

Translation: People don't want surprises when entering the country and are making travel plans accordingly.
3/ Now, Germany, France, the UK, Finland, and Denmark are all saying "be careful" when visiting the US.

And American businesses are feeling that squeeze. Image
Read 11 tweets
Morning Brew ☕️ Profile picture
Mar 17
1/ Law school applications are surging, up 20.5% from last year alone.

Schools like Georgetown received 14,000 applications for just 650 spots, making this one of the most competitive years in recent history.

What's causing the jump?

Let's get into it. Image
2/ A weak job market and economic uncertainty are driving many to law school, seeing it as a stable career path.

Even MBA graduates from top schools are struggling to find jobs, adding to the influx of applicants.
3/ AI may be reshaping industries, but law remains relatively resistant to automation, making it an attractive option for those seeking long-term career stability.

But only a fraction of graduates secure those high-paying Big Law positions. Image
Read 12 tweets
Morning Brew ☕️ Profile picture
Mar 7
1/ Federal agencies have until today to justify their use of 10 major consulting firms.

If they can't prove these firms are mission-critical, their contracts will be cut.

That means putting billions in contracts at risk.

Let's get into it. Image
2/ In an effort to align with the current administration, consulting firms are rebranding.

Accenture is dropping diversity goals, Deloitte is removing pronouns from emails, and IBM is pitching itself as a cost-saving tech provider. Image
3/ But no one is more worried than Booz Allen Hamilton.

The firm gets 98% of its $11 billion revenue from government contracts and is positioned at the cliff's edge right now.

Its stock has already dropped nearly 30% since Trump's election, signaling investor fears. Image
Read 13 tweets
Morning Brew ☕️ Profile picture
Dec 30, 2024
1/ Older homes in the US are now nearly as expensive as newly built ones thanks to low inventory.

It's a stark contrast from the historical norm, and a trend that shows few signs of slowing down.

Let's get into it. Image
2/ Newly constructed homes are selling for just 3% more than older homes.

That's a significant drop from the average 16% premium seen since 1968, per a WSJ report.
3/ And the number of existing homes for sale fell from 1.7 million in 2019 to 1.1 million in 2024, hitting a near 30-year low.

So what's causing the shortage?
Read 10 tweets
Morning Brew ☕️ Profile picture
Dec 13, 2024
1/ BuzzFeed had a saving grace this week when it sold "Hot Ones" for $82.5 million.

But will it be enough to save the once high-flying digital publisher from financial collapse?

Let's get into it. Image
2/ "Hot Ones," known for its spicy celebrity interviews, will now operate as a stand-alone company under the ownership of a fund controlled by George Soros.

Host Sean Evans remains an investor, ensuring continuity for fans.
3/ The show has over 14 million YouTube subscribers and 4 billion views.

It even has a cultural presence on shows like SNL and "The Simpsons."
Read 10 tweets
Morning Brew ☕️ Profile picture
Nov 14, 2024
1/ Trump has appointed Elon Musk and Vivek Ramaswamy to co-lead the newly created "Department of Government Efficiency" (DOGE).

Their goal? To slash $2 trillion from the federal budget, cutting nearly one-third of total spending.

But what exactly might go? Let's get into it. Image
2/ The US spent $6.75 trillion in fiscal year 2024, leading to a deficit.

Of that $6.75 trillion, Social Security, health, and Medicare were the biggest expenditures. Image via Business Insider
3/ Social Security alone accounted for $1.46 trillion, while health and Medicare cost $912 billion and $874 billion, respectively.

Those programs may not need annual approval from Congress but it would take new legislation to change them.
Read 12 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

Send Email!

:(