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Giannis Antetokounmpo
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Giannis Antetokounmpo is one of the latest athletes to become a minority investor. ESPN reports that the Milwaukee Bucks star has acquired a stake in Major League Soccer (MLS) club Nashville SC . Alongside Antetokounmpo in the group are his brothers and basketball players Thanasis , Kostas, and Alex.
NBA Star Giannis Antetokounmpo is working to ensure underserved communities will receive quality and affordable healthcare. We are proud to announce that superstar basketball player @Giannis_An34 has joined #AntidoteHealth as we revolutionize #healthcare in the U.S. pic.twitter.com/uQwmp2eJWs — Antidote Health (@AntidoteAI) August 10, 2022
Giannis Antetokounmpo and the Milwaukee Bucks may have fallen short of reaching the NBA Finals this year. However, the star power forward still found a way to come out on top by answering the Memphis rap legend Gangsta Boo’s iconic question, “Where Dem Dollas At?” Antetokounmpo once held the league’s largest contract for a player in league history. Known as the “Greek Freak,” he signed a $228 million supermax extension deal over five years.
Forbes recently released its list of the richest athletes in the world, and some of the numbers and statistics are completely unsurprising. According to the outlet, 35 out of the 50 richest are from the United States — the most out of any country. What’s more, the NBA has the most number of athletes on the list, with 18 of the world’s richest athletes being top dribblers (American football came in second, with 14 athletes from that sport on the list — and rounding out the top three is soccer, which boasts five athletes on the list.) What’s more, three of the top athletes made more than $100 million in total earnings over the last 12 months — and Lebron James is at the top of that high-earner list. “LeBron James, with $121.2 million, reaches the milestone for the first time on the Forbes athletes list while Lionel Messi ($130 million) and Cristiano Ronaldo ($115 million) are each five-time members of the century club,” reported the outlet. The outlet also pointed out that in addition...
LeBron James continues to show the world why he’s the king. Forbes released their list of the 10 Highest-Paid Athletes and the NBA superstar was No. 2, making him the second-highest-paid athlete in the world. While his skills on the court contributed heavily to the Cleveland native’s net worth, which AfroTech previously reported, now sits at an estimated $850 million, it has been his endeavors outside of basketball that led to his ranking on the list. Per reports, he drew in about $121.2 million in 2021 thanks to ventures like his “Space Jam” reboot as well as various endorsement deals. His talk show, “The Shop: Uninterrupted” also contributed to his earnings. He trails Argentine soccer player Lionel Messi who was named the richest athlete in the world in 2021, bringing in an estimated $130 million. In true King fashion, though, LeBron James is only in competition with himself, knocking out his previous record of earning $96.5 million in the previous year. On the court, the LA Laker...
Giannis Antetokounmpo isn’t just paid — he’s paid so well that he needs to put his money everywhere . A recent report by The New York Post suggests that the “Greek Freak” has more than 50 bank accounts with money in it. And this disclosure was made by Milwaukee Bucks owner Marc Lasry. Here’s the story: the FDIC (Federal Deposit Insurance Corporation) only insures individual accounts for up to $250,000. What that means is that if a bank fails, the FDIC steps in and pays back the account holder for up to $250,000, so they don’t lose their money. “Coverage is automatic whenever a deposit account is opened at an FDIC-insured bank,” reads the federal agency’s official website. “If you want your funds insured by the FDIC, simply place your funds in a deposit account at an FDIC-insured bank and make sure that your deposit does not exceed the insurance limit for that ownership category.” And while Giannis Antetokounmpo seems to have made a smart business move, on the surface, Lasry advised...
Giannis Antetokounmpo is on the money! The NBA star joined as a strategic partner for a Series B investment round totaling $27 million for sports media startup Wave Sports + Entertainment, according to a press release. The seed round was led by private equity firm TZP Group. Crossbeam Venture Partners, GPS Investment Partners, Verance Capital, Nimble Ventures, existing investors and more also participated in the round. “WSE is leading the shift to creating digital superfans by engaging audiences where, when, and how they want to consume sports content,” said Shamit Mehta, Partner at TZP Growth Equity, according to a press release. “We believe athletes, leagues, and companies will have a new way to connect with younger audiences through WSE’s successful brands.”
Throughout his basketball career, Giannis Antetokounmpo has made the Nigerian diaspora proud. In a new partnership with WhatsApp, the NBA star is representing his homeland to the fullest. Antetokounmpo has joined forces with the global messaging app as its first-ever global partner, according to Adweek. The first-of-its-kind deal was publicly debuted during the All-Star Weekend when he sported a hoodie designed by Post Imperial — founded by Nigerian-American designer Niyi Okuboyejo — with “+234,” Nigeria’s international calling code. To further bring in the display of his heritage, the back of the hoodie replaced his Greek last name with his Yoruba one, “Adetokunbo.” The story of my +234 @WhatsApp hoodie!! #WhatsAppPartner https://t.co/B29AbrW5mb — Giannis Antetokounmpo (@Giannis_An34) February 21, 2022 “Throughout my life, WhatsApp has kept me connected to my loved ones, my friends, my communities and everyone important to me,” Antetokounmpo said in a statement, according to...
Billionaire Michael Jordan has marked himself as a shrewd investor. Now, the National Basketball Association (NBA) legend is investing in his passion for luxury collectibles. WatchBox, an e-commerce platform for collectible luxury watches, has secured a $165 million round of equity capital, according to a press release. It was led by The Radcliff Companies and The Spruce House Partnership. Other participants include CMIA Capital Partners and NBA stars such as Michael Jordan, Giannis Antetokounmpo, Chris Paul, Karl Anthony Towns and Devin Booker. “Our investors and partners hail from a wide range of industries, from consumer to technology, finance and professional sports, yet we are all bound by our love of watches. When we founded WatchBox, our vision was to build a brand that would engender trust so that we could unite a passionate network of enthusiasts. With that foundation we are now able to use technology to create the best customer experience in the industry,” said Justin...
NBA champion and two-time league MVP Giannis Antetokounmpo is adding yet another sport to his repertoire with a new investment in his city’s baseball team. The Milwaukee Bucks star is said to have purchased an ownership stake in the Milwaukee Brewers, according to the MLB team, making him the first new individual investor to be added to the Brewers ownership group since 2005, ESPN reports. “We are honored to have Giannis join our team of Milwaukee Brewers investors,” Brewers principal owner Mark Attanasio said in a statement. “Giannis is a great athlete, a world champion, and a true local hero with international renown.” Giannis Antetokounmpo has joined the Crew! The two-time MVP is officially part of the Milwaukee Brewers ownership team. Thank you, Giannis, for your commitment to our team and Milwaukee! @Giannis_An34 | #ThisIsMyCrew pic.twitter.com/3xRk2yNHrp — Milwaukee Brewers (@Brewers) August 20, 2021 Just like other athletes in their off-season, Antetokounmpo is following in...