Kobe Bryant, an American professional basketball player, producer, and philanthropist was also an businessman. Kobe Bryant had a net worth of more than $600 million at the time of his demise. Tragically, Kobe Bryant was killed in a crash involving a helicopter on January 26, 2020. Kobe Bryant was an 18X NBA All-Star, a 5X NBA Champion and 2X NBA Finals MVP.Kobe was one of the most highly-paid athletes on the planet, even when he retired. Kobe earned millions of dollars from endorsements and salary throughout his career. He made extremely wise investment decisions in business. The equity stake he held in BodyArmour, which he owned, was valued at 200 million when he died passing. Six years prior to his death, he paid $6 million for the stake. Coca-Cola offered $5.6 Billion to purchase 100% of BodyArmour's ownership in October 2021. This was in addition to the pre-tax value of $200 million that Bryant's BodyArmour investment had contributed to. By October 2021, Coca-Cola was acquiring 100 percent of BodyArmour for $8 billion. Bryant's equity had increased to 5percent.
Monday, January 16, 2023
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