The major investments which have helped Kevin Durant's net worth soar compared to his peers in the NBA
Brooklyn Nets forward Kevin Durant hasn't just been a superstar on the NBA court. He's also turned into one of the most successful businessmen off the hardwood as well.
Durant has become one of the top superstars in the game of basketball throughout his 14-year career. He will be mentioned as one of the all-time greats when it comes to his position. Because of his ability, Durant has been rewarded for his performance on the court. During his 14 years of NBA service, Durant has gone on to make north of $220 million.
But that's just from his contracts during his tenure in the NBA. During that same stretch, Durant has also become one of the top superstars when it comes to investing in the business world. Let's take a look at how Durant has thrived away from the game of basketball.
How Kevin Durant's net worth has grown over the years with lucrative deals and investments
Kevin Durant is the founder of Thirty-Five Ventures, which is described as an investment company with nearly 40 portfolio companies. Pairing up with his agent and manager Rick Kleiman, the two have gone on to invest in a number of notable companies.
Durant has invested in companies such as Robinhood and Acorns, which have a focus in the stock market. He's also invested in a mobile marketplace for private charter flights called JetSmarter.
One of his most notable investments came with the food delivery service Postmates. It was reported in an early Forbes article that Durant invested roughly $1 million in the startup company in 2016. This summer, Uber entered into discussions to buy Postmates at a reported valuation of $2.6 billion. That would result in Durant's stake being worth around $15 million.
Durant's net worth is set to be approximately $200 million, which would make him one of the wealthiest players in the NBA.
How do Kevin Durant's business investments compare to his other NBA peers
Brooklyn Nets superstar Kevin Durant has been one of the most successful NBA superstars when it comes to capitalizing on investments off the court. On top of the previous instances mentioned above, KD has also had other success stories.
He went on to have a "seed round investment" in a cannabis e-commerce platform by the name of Dutchie. That same company is now valued at $1.7 billion. Compared to his fellow superstars in the NBA, Durant has been near the top.
The only two superstars who have been in the same ballpark have been LeBron James and Steph Curry. Durant has also created an impressive social media platform as well. He's become one of the most successful social media stars, with north of 20 million followers on Twitter alone. Durant also went on to create Boardroom, which is a media company co-created with his business partner Rich Kleiman.