$tag) { $tagsList[] = $tag->name; } foreach($categories as $key => $cat) { $catList[] = $cat->name; } ?>

That’s Baller: Kobe Bryant Turns $6 Million Sports Drink Investment Into $200 Million

There’s more than one reason Kobe Bryant can be considered a baller. He took a $6 million investment and turned it into $200 million in four years.

Back in 2014, Bryant bought a 10 percent stake in sports drink #BodyArmor. On Tuesday, #CocaCola announced it purchased a minority stake in the drink company, which has turned Bryant’s $6 million into a whopping $200 million investment.⠀⠀⠀⠀⠀⠀⠀⠀⠀

Body Armor was co-founded by Mike Repole who also co-founded Smart Water and Vitamin Water. The beverage is marketed as “natural” and “healthy,” which is now going head-to-head with popular sports drink Gatorade. This come-up adds to the $323 million Bryant has made in his career, according to ESPN’s Darren Rovell.

⠀⠀⠀⠀⠀⠀⠀⠀⠀

⠀⠀⠀⠀⠀⠀⠀⠀⠀

Other investors and endorsers for the drink are #JamesHarden, #MikeTrout, #SkylarDigginsSmith and #DustinJohnson.

author avatar
RaquelHarris

About RaquelHarris

Check Also

That's Baller: Louis Vuitton Opening its First Hotel in Paris

That’s Baller: Louis Vuitton Announces Its New Coffee-Table Book That Features $5,000 Worth Of Perfume

Louis Vuitton, a brand synonymous with luxurious craftsmanship and timeless elegance, is elevating the concept …

Leave a Reply

Discover more from Baller Alert

Subscribe now to keep reading and get access to the full archive.

Continue reading