Kobe Bryant’s Investment of $6M Now Worth $200M


Former Laker and all time great, Kobe Bryant is usually recognized for his accolades on the basketball court. However Bryant’s recent post retirement moves have opened alot of eyes in the media. With over $770 million in career earnings Bryant has alot to throw around now that he’s not playing. From putting more work into his and his wife’s charity to an Oscar award winning film his accomplishments continue to stack up. However his recent investment in a small sports beverage company known as Body Armor may give him the biggest payoff yet. Bringing Bryant’s net value to nearly a billion dollars his $6 million investment is now worth an approximated $200 million. The spike in stock price was caused by Coca-Cola purchasing the company, nearly guaranteeing it’s rise as a popular consumer beverage. The stock is still expected to rise in the coming days as Bryant’s investment continues to yield a substantial profit.

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Categories: Lakers

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