Entertainment

Revealing how $200 million fortune for Suns star Kevin Durant has an impact

One of the greatest players of all time and the best in the NBA right now. It’s no surprise that the former Golden State Warriors and current Brooklyn Nets star is one of the wealthiest in the NBA.

Over his 15-year career, the 12-time All-Star and once-Most Valuable Player has earned over US$300 million. According to Celebrity Net Worth, he has a net worth of around US$200 million and is the third most paid NBA player of all time. Kevin Durant will be the star of the NBA play-in tournament this year.

This season marks the beginning of a four-year, US$196 million contract that will significantly increase his salary.

The floor contributed $46.1 million to Durant’s total estimated earnings of $85.1 million last season.

According to the company’s website, 35 Ventures, which is co-owned by Durant and his agent/business partner Rich Kleiman, has investments in more than 75 different businesses.

There have been some very successful investments. For instance, it has been reported that at the company’s peak in 2021, his stake in Coinbase was worth 53 times what he initially invested.

Through their partnership with Boardroom, 35 Ventures has expanded into the media industry, producing series like Swagger and, most recently, the documentary NYC Point Gods.

Over time, 35 Ventures has expanded tremendously. The company employs more than 30 people full-time and is headquartered in a stylish Chelsea office in Manhattan.

After being released by the Oklahoma City Thunder, he made US$1.1 million off the sale of his condo in Oklahoma. Durant really sold the condo – which was two units together – at a loss.

His seven-bedroom, eight-bathroom home in the Oakland Hills region went on the market after he had played for the Warriors for US$5.9 million.

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