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On Mary J. Blige’s “I Can Love You,” Lil Kim’s featured verse opens with – “If I told you once, I told you twice.” That sentiment could not be more valid for the Jordan Brand. Every year, the iconic NBA legend levels up his brand with new colorways for his coveted sneaker collection. And with total sales for the brand crossing the $5 billion threshold in annual revenue, we are getting the message loud and clear.
With an impeccable reputation as one of the best players on the court, modern NBA legend Kevin Durant is one of the world’s highest-paid athletes. Though he hasn’t quite achieved billionaire status like Michael Jordan or LeBron James, Durant — who first came to our attention when he was recruited to the Golden State Warriors — has certainly made quite a nice nest egg for himself. Most interestingly, Durant’s most successful investments don’t come from what he makes on the court, but from what he makes off the court. “The 11-time All-Star banks over $40 million from sponsors, but he’s also invested in more than 40 companies, including Postmates and Acorns,” reports Forbes, while adding that even though he was sidelined for the 2019-2020 season due to an Achilles’ injury, he returned the following year with an All-Star performance. Let’s take a look at the myriad of ways you can “invest like an athlete” — and specifically, invest like Kevin Durant. Editorial note: The net worth listed...
There’s no question that Allen Iverson is a basketball legend. Over the course of his career, he earned the title of one of the greatest of all time, and amassed millions of dollars doing so. Iverson consistently lead his teams into the NBA playoffs, once to the NBA Finals, and was even named League MVP (Most Valuable Player) in 2001. Unfortunately, according to Celebrity Net Worth , Allen Iverson’s current nest egg sits at a paltry $1 million. While this figure may seem like retirement money to you or I, $1 million is clearly a low sum for an NBA legend of Iverson’s stature. So how did this happen? Reportedly, Allen Iverson underwent a series of life challenges and poor financial planning , leading him to blow through his entire $200 million fortune in less than two years, leaving many basketball fans to presume that Iverson is struggling for money to this day. Luckily, this is not the case, and NBA fans will be happy to learn the true story of how Iverson lost it all, and was able...
Michael Jordan may have taken the world by storm with his awe-inspiring talent, but his children are making moves to ensure the Jordan legacy remains strong. Jeffrey Jordan partnered with his father to create HIER, Inc., a Web3 community dedicated to celebrating the top athletic legacies.
When it comes to taking action in supporting women, Nike’s Jordan Brand has held a steady streak. History was made in June 2021 after Michael Jordan and his brand unveiled their “WNBA Family” campaign, which marked the most-ever WNBA players to endorse the brand at once, AfroTech previously reported. “The world needs female voices, and we can’t ignore that or else we’re not growing,” Jordan previously shared in a statement. “The Jordan Brand is committed to giving women a platform to amplify their voices, which influence, inspire and push culture forward. These amazing athletes are defining a lot of things about Jordan Brand and leading a true conversation that’s impacting culture and our communities across the globe.” The brand’s dedication to advancing women has yet to cease as right before Women’s History Month comes to a close, it has launched its inaugural global Women’s Collective, Hypebeast reports.
Long before he became the iconic rap legend struck down in his prime, The Notorious B.I.G. was born Christopher Wallace in May of 1972. Though Biggie’s time on this Earth was short, he is survived by his two children, and a nearly-impeccable body of work which calls to hip hop heads young and old to this day. By now, the East Coast gangsta rap founder has been gone for over 27 years, though his estate’s net worth has continued to grow exponentially, allowing Biggie’s children to live the comfortable lives their father always dreamed of for them. According to Celebrity Net Worth, Biggie Smalls had an estate that was worth $10 million at the time of his passing in 1997 — but under the exacting control of the rapper’s mother, Ms. Voletta Wallace, the value has ballooned to a whopping $160 million as of 2021. The estate is managed by Wallace in accordance with Biggie’s widow, Faith Evans, as well as a team of lawyers which include merchandising manager Wayne Barrow. This has helped...
The Jordans are back at it again with another business move! For their next talent, Variety reports that Michael Jordan and his son Jeffrey Jordan are moving with the times as they venture into the digital world through non-fungible tokens (NFTs) and entertainment. Under a new holding company, Heir Inc., the Jordans plan to “build a consumer-facing community platform” that will enable fans to connect with their favorite athletes through a range of ways. This would also include an entertainment studio and consumer products.