How much money did Kobe make off of BodyArmor?

In 2014 Kobe Bryant Bought 10% Of Sports Drink BodyArmor For $6 Million. Coke Just Acquired BodyArmor At An $8 Billion Valuation. During his entire 20-year professional career, Kobe Bryant earned a total of $323.3 million in NBA salary.

How much money did Kobe Bryant make from BodyArmor?

In a deal where Coca-Cola is buying full control of BodyArmor, the sports drink company, the Kobe Bryant estate will make roughly $400 million for its stake in the company, per The Wall Street Journal. Coke announced it bought the company for $5.6 billion in a cash deal.

Who made BodyArmor drink Kobe Bryant?

Created in 2011 by Mike Repole, BODYARMOR contains natural flavors and sweeteners and no colors from artificial sources. In 2013, Kobe Bryant joined the BODYARMOR team as one of the top shareholders in the company.

How much did Kobe Bryant spend on his body?

Seven years later, that investment is proving to have paid off big for his family. The latest report suggests that Bryant’s initial $6 million investment into Body Armor is now worth close to $800 million.

How much is BodyArmor worth?

Today, BodyArmor boasts a 400-person staff and $1.4 billion in retail sales, according to a Coca-Cola statement announcing the deal. The brand had nearly 8% of the U.S. sports drink market in 2020, according to industry data from Euromonitor.

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Who owns under Armour drink?

In 2018, Coca-Cola initially acquired a 15% stake in BODYARMOR with a path to full ownership, based on a pre-determined discount. Coca-Cola is paying $5.6 billion in cash for the remaining 85% of the company.

How much is Kobe Bryant worth?

Kobe Bryant died January 26, 2020 at age 41 in a helicopter crash, along with his 13-year-old daughter, Gianna, and 7 other passengers. His net worth at the time of his death was an estimated $600 million.

What has LeBron invested in?

Nike, Fenway Sports Group and Epic Games also invest in NBA icon’s media firm. SpringHill Company, the media firm set up by basketball star LeBron James and his business partner Maverick Carter, has been valued at US$725 million after receiving major investment led by RedBird Capital Partners.