Published 18:50 IST, June 9th 2020
Kevin Durant spending $170m fortune on investments, cars and charitable causes
According to recent reports, 31-year-old Brooklyn Nets star Kevin Durant spends his fortune on various investments, cars, property and charities.
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Kevin Durant is among world's highest-paid NBA players, ranking below only LeBron James and Steph Curry. As per Forbes, Durant's net worth currently stands at $170 million, which makes Durant one of richest NBA players of all time. Recent reports state 31-year-old Brooklyn Nets star spends his fortune on various investments, cars, properties and charities.
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Kevin Durant investments
As per reports, a major part of Durant's income goes into investments. Durant has reportedly invested in over 30 businesses in US as of 2019. Coinbase, Rubrik, LimeBike, Postmates, Player’s Tribune and investment app Acorns are some of businesses Durant has purchased stock in.
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Kevin Durant car collection
Durant is also kwn for collecting various luxury vehicles. Durant has been often seen driving a Ferrari California, which costs approximately $200,000. A Lamborghini, Range Rovers, Ferraris, Porsches, various Mercedes-Benz models and a classic 1966 Ford GT 40 are some of or cars he owns. His Chevrolet Camaro SS is reported to be one of his more customised cars with matte red paint and pinstripes on hood that is similar to his line of sneakers.
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Kevin Durant's properties
Apart from investments and cars, Durant has reportedly spent around $30 million and has bought houses in various parts of US. Durant apparently likes selling his houses frequently before investing in a new property. Durant recently sold his Malibu house. Durant's Oakland house, which he was staying in while playing for Golden State Warriors, was recently listed for $6 million.
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Durant's charitable causes
Over course of his NBA career, Durant has donated to various charities, A few years ago, Durant donated $10 million to aid children in his native of Prince George County, Maryland to help m attend college. His donations helped create first College Track programme on USA's east coast which helped improve college entry rates for children coming from low-income families. Durant also donated $57,000 to private school Positive Tomorrows which was meant for homeless children in Oklahoma City, where he played for eight seasons before moving to Warriors. Durant reportedly donated $1 million to Red Cross for tornado relief and $3 million to University of Texas to help ir basketball program.
(Im source: @easymoneysniper Instagram)
18:50 IST, June 9th 2020