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#pounditTuesday, April 16, 2024

Report: Kobe Bryant’s stake in BodyArmor drink now worth $200 million

Kobe Bryant

Kobe Bryant continues to rack up the wins even in retirement.

Bryant is a minority owner of the sports drink company BodyArmor. According to ESPN, Kobe bought about a 10 percent stake in the company in March, 2014. He reportedly has invested about $6 million in the company overall.

His investment reaped huge benefits after Coca-Cola on Tuesday announced that it had purchased a minority stake in the company. Based on the company’s new valuation, Bryant’s ownership stake in BodyArmor is said to be around $200 million, ESPN reports.

Based on those figures, Bryant saw an astronomical 3,300 percent return on investment.

Basketball-Reference estimates Bryant’s career earnings as an NBA player at just under $330 million. He obviously made a ton more in endorsement deals as well, but his fruitful investment in BodyArmor has lifted his wealth to another level. Oh, and let’s also not forget that Kobe has won an Oscar since retiring, too.

He’s doing quite well since hanging up the shoes.

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