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Game Changers: 5 NBA Stars Who Dominated Business After Retirement
USAMonday, December 30, 2024
David Robinson, also known as The Admiral, is another example. With a net worth of $200 million, he didn't just shine as a player for the San Antonio Spurs; he became a financial mastermind. His private equity ventures through Admiral Capital raised $115 million and acquired $350 million in real estate assets. What sets David apart is his generosity. He gives back 10% of his profits to charity, proving that success isn't just about making money but also making a difference.
Vince Carter, known for his amazing dunks on the court, is similarly impressive off it. With a net worth of $110 million, he started with smart brand partnerships and moved into the restaurant business. He sold Vince Carter's restaurant for $4. 3 million in 2017, showing his business smarts. Carter also dived into sports media, using his expertise to become a familiar face on networks like TNT and ESPN.
Finally, there’s Tracy McGrady, Vince Carter’s cousin and a Hall of Famer himself. With a net worth of $70 million, he’s showed business acumen by joining a minority ownership group for the Buffalo Bills. Post-retirement, he’s invested in tech (Dasdak) and water business (Blue-04), proving he's got the right mindset for success even off the court.
These players didn't just let their basketball careers define them. They translated their on-court success into business smarts, showing that their legacies continue to evolve long after they've left the game.
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