In today’s world, no matter how successful you are, you can’t rely on just one job. Diversification is something a lot of people are doing. Athletes are a prime example of that. Even though they earn millions and can comfortably survive on their salaries, they still establish businesses.
Become an insider. Subscribe to our newsletter for more top trending stories like this!
Here are black athletes who are also successful entrepreneurs.
People Also Read: Muhammad Ali’s Record. How Good Was He?
1. LeBron James
It’s no surprise that one of the highest-paid basketballers is also a successful entrepreneur. Some of the businesses he owns or is interested in include Liverpool Football Club through Fenway Sports Group, a film production company SpringHill Entertainment, blaze pizza, and a sports nutrition company, Ladder. LeBron also runs his foundation through which he gives back to the community.
2. Devin Booker
Devin Booker is another black athlete who is also a successful entrepreneur. He’s put his money into upcoming businesses like sports video ventures Overtime and Buzzer, GoPuff, and COCO5, a coconut-water brand.
People Also Read: 9 NFL Players From Africa You Should Know
3. Paul Pogba
French footballer Paul Pogba has invested some of his earnings in various businesses. He’s one of the footballers who’s invested in the NFT market. Although one of the ventures he promoted didn’t work out, he still put his money into Autograph, which sells NFT sports memorabilia.
People Also Read: 9 NFL Players From Africa You Should Know
4. Lewis Hamilton
The British Formula One driver has a number of businesses. He owns a film production company Dawn Apollo Films, has a clothing brand, +44, due to his love for fashion, and has invested in some businesses.
The driver has been vocal about his plant-based diet and invested in restaurants that serve meat-free diets. Neat Burgers in London is one of them.
People Also Read: 10 of the Biggest Stadiums in Africa
Become an insider. Subscribe to our newsletter for more top trending stories like this!
5. Mohamed Coulibaly
The soccer player runs a successful clothing business. His brand Motion Apparelz which sells sneakers, reached 4 million net sales by the time he was 21. Two things inspired him. Firstly, wanting to have a good lifestyle and also the clothing style of the NBA players.
Join our Spotcovery Global Black Community Facebook Group for early access to exclusive content and to share in a lively discussion.
6. Serena Williams
The tennis powerhouse launched her business Serena Ventures, in 2014. The business supports founders whose businesses have an element of diversity. She’s put money into numerous startups like Propel, a startup in Brooklyn that sells digital food stamps, and Mayvenn, a hair extension company.
7. Alex Rodriguez
Rodriguez started his investment firm ARORD COP in 2003. Through it, he’s put money into different types of industries like real estate and tech. Apartment List is one of the companies he’s invested in alongside Density, a startup that makes building monitoring sensors.
8. Dwayne Johnson
Dwayne Johnson, known by his stage name The Rock, is one of the black athletes who became a successful entrepreneur. He owns Teremana Tequilla and ZOA Energy drinks.
Apart from that, his transition into the entertainment industry has been nothing but successful. The Rock has featured in many successful movies like Fast & Furious. Additionally, he’s reportedly one of the highest-paid celebrities on Instagram.
9. George Foreman
The former heavyweight boxing champion is one of the Black athletes who’s now a successful entrepreneur. Foreman monetized his name through a partnership with Salton Inc. The company reportedly paid $138 million for his name and image.
These black athletes have translated their success on the field to the business world. If you want to be as successful as these athletes, you should read some investment books. Go to Amazon to find some of the best titles.
Become an insider. Subscribe to our newsletter for more top trending stories like this!
Nearly 80% of consumers visit directories with reviews to find a local business. List your business for free in our exclusive Spotcovery Black-Owned Business Directory.
Spotcovery offers unique and fresh daily content on Black culture, lifestyle, and experiences. We talk about everything black, black people, black-owned and black-owned businesses. We also deliver authentic and relevant content that will inform, inspire and empower you! The future of black media is critical to today’s black experience! Our primary audience includes African American, African, Afro-Caribbean, and people of African heritage. Black culture is for the culture!
