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Kobe Bryant, the late NBA legend, was not just a basketball player. ![]()
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One of his big investments paid off big time. In 2014, Bryant purchased 10% of BodyArmor, a Gatorade competitor, for $6 million.
Last week, $KO.US$ announced it acquired full ownership of BodyArmor, paying $5.6 billion in cash, valuing BodyArmor around $8 billion. The company had purchased a minority stake in 2018.
With that valuation, Bryant's 10% investment is estimated to be worth around $800 million today.![]()
That puts his returns from $6 million to $800 million around a 13,222% gain in less than eight years. ![]()
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He still amazed us after he left.![]()
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Mamba Forever!
One of his big investments paid off big time. In 2014, Bryant purchased 10% of BodyArmor, a Gatorade competitor, for $6 million.
Last week, $KO.US$ announced it acquired full ownership of BodyArmor, paying $5.6 billion in cash, valuing BodyArmor around $8 billion. The company had purchased a minority stake in 2018.
With that valuation, Bryant's 10% investment is estimated to be worth around $800 million today.
He still amazed us after he left.
Mamba Forever!
![Kobe Bryant's $6M investment made in 2014 nets his family $400M in profit](https://ussnsimg.moomoo.com/1993977896641713268.png/thumb)
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$HOFV.US$ 突破4.12 就坐火箭
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$SKLZ.US$ Now it's being vacated. Buy at any cost when shorting. The seller set a price of 30, and even 100 they would buy it. See GME for details.
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昵称都是不可用
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Hello, mooers! Welcome back to our weekly series, the upgraded brand new Weekly Buzz, where we review the news, performance and community sentiment of the selected buzzing stocks on moomoo platform based on search and message volumes last week!(Nano caps are excluded.)
The market of stocks seemed to lump last week, but bitcoin bopped to blue skies. The cryptocurrency cruised 22% and cleared $1T in market cap, setting the new record.
Here is the weekly buzzing stock list of last week:...
The market of stocks seemed to lump last week, but bitcoin bopped to blue skies. The cryptocurrency cruised 22% and cleared $1T in market cap, setting the new record.
Here is the weekly buzzing stock list of last week:...
![[Weekly Buzz] Yes, that’s a trillion, with a T - Crypto cranks higher!](https://ussnsimg.moomoo.com/1614000977780-77777000-android-org.png/thumb)
![[Weekly Buzz] Yes, that’s a trillion, with a T - Crypto cranks higher!](https://ussnsimg.moomoo.com/1614000977830-77777000-android-org.png/thumb)
![[Weekly Buzz] Yes, that’s a trillion, with a T - Crypto cranks higher!](https://ussnsimg.moomoo.com/1614000977839-77777000-android-org.png/thumb)
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