It still does not seem real that the late great Kobe Bryant is dead, but sadly he is. Before his death tho Kobe was making smart business investments to set up he and his family after his NBA career. Kobe in 2014 invested $6 Million dollars into Body Armor which just sold for $8 Billion dollars to Coca-Cola. Kobes $6 Million dollar investment earned him a 10% stake in the company. Kobes 10% stake values at $400 Million now.
JUST IN: @DrinkBODYARMOR announces sale to Coca-Cola at a valuation of $8 Billion.
Announcement released at 8:24 AM ET as a tribute to Kobe Bryant.
Bryant bought 10% of company in 2014 for $6M. After dilution, his family will receive about $400M. https://t.co/EqSaRoeVRG
— Darren Rovell (@darrenrovell) November 1, 2021