Tuesday, January 17, 2023

Kobe

Kobe Bryant, an American professional basketball player, producer and charity worker, was also an entrepreneurial. At the time when he died, Kobe Bryan had a net worth of $600 million. Tragically, Kobe Bryant died on January 26, 2020, in a crash of a helicopter. Kobe Bryant was an 18-time NBA All-Star, a 5X NBA Champion and 2X NBA Finals MVP.Kobe was among the most highly-paid athletes on the planet, even when he retired. Kobe made hundreds of millions from endorsements and salary throughout his life. He was an experienced investor. At the time of his demise the equity stake he held in the beverage BodyArmour was worth around $200 million. He had paid $6 million for the stake six years prior. In October 2021 Coca-Cola paid $5.6 billion to purchase 100% ownership of BodyArmour.As mentioned a few minutes ago when he died, at the time of his death Kobe Bryant's net worth was estimated at $600 million. The figure included $200 million in pre-tax earnings attributed to his BodyArmour investment.By the time Coca-Cola purchased the entirety of BodyArmour at an estimated value of $8 billion in October 2021 and the Bryant estate's equity had been reduced to five percent. 



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