Though Chris Paul first got his start as a point guard in the NBA, he’s considered one of the savviest businessmen off the court, as well.
He was, at one time, the president of the National Basketball Players Association, and is considered one of the richest NBA players in the world.
But he wouldn’t be anywhere without the support of his family, which includes his older brother C.J. Paul and his father Charles Paul Sr.
It was, in fact, his father that first inspired Chris Paul to go into the game he would, eventually, become world-famous for. And, as Sports Illustrated reported all the way back in 2005, he was considered a “child prodigy” when he was playing ball at West Forsyth High School in Clemmons, NC.
Today, he’s gone above and beyond the basketball court, and has achieved a net worth of $160 million, according to Celebrity Net Worth.
Let’s take a look at how Chris Paul makes his money both on and off the court.
Editorial note: The net worth listed in this piece is a speculative estimate drawn from a variety of online sources.
NBA Career
Considered one of the greatest point guards in NBA history (per ESPN), Chris Paul has enjoyed an extensive career with such teams as the Phoenix Suns, the Houston Rocks, and the New Orleans Hornets.
HBCU Advisory Board
As AfroTech previously reported, Chris Paul (alongside Taraji P. Henson) was named to President Joe Biden’s HBCU advisory board. The goal of the board, according to our previous report, is “to increase the capacity of HBCUs to provide the highest-quality education to its students and continue serving as engines of opportunity.”
Beyond Meat Brand Ambassadorship
According to ClutchPoints, Chris Paul has been following a strict vegan diet since 2019. As a result, he has a brand partnership with Beyond Meat.
Investments
In addition to being a beast on the basketball court, Chris Paul is a beast in the boardroom, as well. As a result of his business acumen, he’s made several wise investments through the years.
As AfroTech previously reported, he teamed up with Jay-Z to invest in the $3 million funding round for Misha’s Kind Foods, a Black-owned vegan cheese brand.
AfroTech has also reported about Chris Paul’s investments in Goalsetter, Koia, Greenfly, WatchBox, and La Feté Wine.
Sports Team Ownership
Chris Paul has his hands in some sports team ownership deals — and some of them may surprise you.
According to Fox Sports West, he owns a bowling franchise called L.A.X., and he’s an avid bowler himself. He also has an ownership stake in a minor league basketball team called the Winston-Salem Dash, according to the team’s official website.
Real Estate
Chris Paul currently owns a mansion in the Los Angeles suburb of Encino, CA. The Real Deal reports that he purchased the $11 million mansion in May 2020, and the 12,000-plus square-foot estate was purchased in an off-market deal.
Prior to that, Paul owned homes in Bel-Air, CA, and Calabasas, CA (where his neighbor was none other than Kim Kardashian, according to Trulia).
In 2020, Chris Paul sold his Houston, TX mansion (which you can see a video tour of above), according to The Los Angeles Times. While the final sale price of the home was not disclosed, the outlet confirms that Paul slashed the price twice before it was finally sold.
