Kevin Durant’s 7 Best Investments Will Make Him a Billionaire

Kevin Durant is almost a billionaire.

$351,439,033 in NBA money and even more off the court.

KD makes a lot from the Nets.

He signed a 4-year $164M contract in 2019.

Breakdown: – $41,000,000/year – $3,416,667/month – $113,888/day – $4,745/hour

Kevin Durant’s 7 Best Investments

Durant has signed many lucrative contracts since being drafted and more are on the way.

7. Dapper Labs

KD invested in Dapper Labs at a $2.6B valuation before NFTs blew up.

You know Dapper Labs as the maker of NBA Top Shot.

They recently raised a $250M Series D valuing it at $7.6B.

kevin durant tech investments

6. Robinhood

KD invested in Robinhood at a $1.2B valuation in 2017.

Robinhood made its debut on the stock market at a $32B valuation last year.

If he sold at IPO it was a 2,500% return.

5. Overtime

KD invested in their 2018 $9.5M Series A.

Over the last 4 years, its valuation has skyrocketed to $250M.

The Overtime basketball league is paying young hoopers $100k+ a year.

4. Acorns

KD invested early on in Acorns which helps young people invest using spare change.

They are going public at a $2.2B valuation.

3. Postmates

KD invested $1M into the delivery startup in 2016.

Uber ended up acquiring Postmates for $2.6B, earning Durant a $15M payday.

As part of a marketing campaign, he delivered shoes around NYC.

kevin durant made $15 million from postmates acquisition

KD first invested in Whoop when it was valued at $128M.

The digital fitness tracker has recently been valued at $3.6B.

That’s a 2,800% return for KD.

1. Coinbase

In 2017, KD decided to invest in Coinbase.

They had a $100B IPO last year which netted him a 61x return.

With most of his checks being around $1M, it’s reasonable to assume he made $61M.

Kevin Durant’s Current Investments

So how has KD been able to make all of these investments while still hooping?

Rich Kleiman and Thirty Five Ventures.

thirty five ventures rich kleiman and kevin durant
Starting in 2016 the pair have invested in 80+ companies in tech, media, and entertainment.

– Skydio – Rally – Lime – ReserveBar – Rubrik – Sleeper

Along with his company Boardroom.

They plan to own an NBA team one day.

Kevin Durant Endorsements

KD is doing $50M/year on endorsements.

His original deal with Nike was for 10 years at $280M and w/ a $50M retirement package.

The royalties from his signature KD shoe are enough to set his family up for generations.

Nike is hardly KD’s only deal.

He has also signed with: • Alaska Airlines • Google • Sprint • Sonic • Gatorade • Panini • General Electric • 2K Sports

kevin durant nike deal
Kevin Durant’s Philanthropy

KD has given back through: • The American Red Cross • Charity donations to schools • College Track at The Durant Center • P’Tones Records

Durant has shared his wealth through numerous philanthropic causes.

“I want my kids & their kids to benefit from this time in my life & not ever have to go through what I went through.”

KD is at the forefront of wealthy athletes giving back to their communities.

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