Kobe Bryant, an American professional basketball player, producer, and philanthropist, was also an entrepreneur. Kobe Bryant was a net worth of more than $600 million at the date of his death. Tragically, Kobe Bryant died on the 26th of January, 2020 after a helicopter crash. Kobe Bryant was an 18X NBA All-Star, a 5X NBA Champion and 2X NBA Finals MVP.Kobe was one of the highest-paid athletes in the world, even after retiring. Kobe earned hundreds of millions through endorsements and salaries during his life. Kobe made extremely smart investment decisions in business. His stake in the equity of BodyArmour that he owned was valued at 200 million when he died passing. Six years prior the time, he had paid $6 million for the stake. In the month of October, 2021, Coca-Cola offered $5.6 billion to purchase the entire ownership of BodyArmour.As previously reported, at the time of his death , Kobe Bryant's wealth was $600 million. This included $200 million in pre-tax earnings that was attributed to his BodyArmour investment.By the time Coca-Cola purchased 100% of BodyArmour at an $8 billion valuation in October 2021 and the Bryant estate's equity had been reduced to 5%.
Tuesday, January 17, 2023
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