Kobe Bryant is still winning, but this time it’s off the court.
Los Angeles Lakers legend Kobe Bryant has turned his initial $6 million investment into the sport drink “Body Armor” into $200 million. On Tuesday, Coca-Cola announced that it has purchased a minority stake into the company.
Bryant initially made his first investment for about 10% of the company in March, 2016. With the new valuation of the deal, Kobe’s stake is now worth approximately $200 million.
Body Armor has many other athletes invested in the company, including James Harden, Dustin Johnson, and Andrew Luck.
Bryant is now the fourth largest investor in Body Armor, which will now compete with the mega sports drink company in Gatorade.
Kobe has a career earnings of $323,312,307 from NBA contracts in 20 seasons with the Los Angeles Lakers.
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Categories: NBA