At the time of his passing, Kobe Bryant’s estimated net worth was $600 million. Kobe Bryant was an American former professional basketball player and entrepreneur. His whole 20-year NBA career was spent with the Los Angeles Lakers.
Bryant was considered one of the greatest NBA players of all time, having won countless awards and trophies throughout his career and being one of the wealthiest sportsmen in history.
The news that Kobe had died in a tragic helicopter accident while way to his daughter’s basketball game stunned the world. His daughter and several others were murdered.
Kobe Bryant’s Early Life
Kobe Bryant was born on August 23, 1978 in Philadelphia, Pennsylvania. His father, Joe Bryant, was a member of the Philadelphia 76ers at the time he resided there. Kobe was named after the renowned Japanese Kobe beef that his parents spotted on a menu in Philadelphia. Kobe moved to Italy with his family when he was only six years old.
This was due to the fact that his father had left the NBA but continued to play overseas. This is where Kobe learned to speak Italian fluently. Aside from that, he never took a break from basketball, continuing to polish his skills. In reality, he attended summer basketball clinics in America. Joe Bryant’s retirement announcement prompted Kobe and his family to relocate to Philadelphia.
The game changed in so many ways under David Stern’s leadership and vision. He demanded the best of everyone because he gave it himself. #Respect Thank you Commissioner. RIP 🙏🏾 pic.twitter.com/veT9GQfrdC
— Kobe Bryant (@kobebryant) January 1, 2020
Kobe attended Lower Merion High School, where he began to establish his reputation. In high school, Kobe obliterated the opposition. He was instrumental in his high school winning its first championship in 53 years.
Soon after, he was named the Gatorade Men’s National Player of the Year. He was also selected to USA Today’s All-American first team. With so many accolades, Kobe’s decision to enter the NBA without attending college was a no-brainer. He was the first athlete in history to achieve this feat.
Kobe Bryant’s Career in Basketball
The Charlotte Hornets drafted Kobe before trading him to the Los Angeles Lakers. 17 years old at the time, Kobe’s parents co-signed his initial three-year, $3.5 million contract. Kobe quickly demonstrated his value. His selection to the NBA All-Star game in his second season made him the youngest ever All-Star.
Bryant, on the other hand, was forced to split the leading role on his team with Shaquille O’Neal. Phil Jackson led the team to several championships despite their conflicts. In reality, the Lakers had won three consecutive championships by the time Kobe was 23.
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The Detroit Pistons ended the Lakers’ reign in 2004 by defeating them in the NBA finals. Soon after, Shaquille O’Neal was moved. As a result, Kobe became the Lakers’ only leader. He was suddenly required to carry an entire franchise on his back. Despite missing the playoffs for numerous seasons, Kobe continued to outscore the league and outwork his competition.
All of this changed in 2009, when the legendary Lakers-Celtics rivalry was born. Kobe was able to lead the Lakers to championship victory in 2009 and 2010 as part of a series of consecutive championship years. Kobe Bryant has won a number of Olympic medals outside of the NBA.
He was a member of the United States basketball teams that won gold medals in the 2008 Beijing Olympics and the 2012 London Olympics.
Personal Life of Kobe Bryant
In November 1999, Kobe married Vanessa Laine, at 17 years old. They met while she was working as a background dancer in a music video. He was meanwhile working on his debut record in the studio. Six months after their initial meeting, they wed. She was still a senior in high school.
Kobe and Vanessa were married at Dana Point, California, on April 18, 2001. According to reports, Bryant’s parents did not attend the wedding because they disapproved of the relationship.
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Natalia Diamante Bryant, their first child, was born on January 19, 2003, and Gianna Maria-Onore Bryant was born on May 1, 2006. They ultimately gave birth to four daughters. Bianka and Capri are the couple’s further daughters.
The 16th of December, 2011, Vanessa Bryant filed for divorce after 10.5 years of marriage. Without a prenup, Vanessa’s divorce settlement could have cost him between $100 million and $150 million. They eventually reconciled.
Beyond the NBA, His Net Worth
Kobe earned an astonishing $350 million in sponsorships throughout his career. Nike, Sprite, McDonald’s, Turkish Airlines, and Lenovo are just a few of the well-known endorsements.
Kobe’s popularity in China enabled him to secure contracts with companies including Alibaba, Sina, and Mercedes-Benz. In March 2014, Kobe purchased a 10% stake in Body Armour for approximately $6 million.
Coca-Cola also acquired Body Armour stock in August 2018, valuing the company at $2 billion. Kobe’s investment was currently valued at $200 million! In addition, Kobe Bryant provided his voice for the Academy Award-winning animated film “Dear Basketball” in 2017.
The next year, he self-published “The Mamba Mentality: How I Play,” a book about his renowned basketball technique.
Kobe Bryant’s Venture Capital Firm
In August 2016, Kobe started a commercial initiative that few anticipated. He co-founded Bryant-Stibel Venture Capital with his business partner, Jeff Stibel.
This startup capital firm received $100 million in funding. Their primary objective was to invest in technology, media, and data companies.
Kobe and his business partner have invested in other companies throughout the years, including Ring DNA, LegalZoom, Dell Technologies, and the videogame developer Scopely.
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Bryant-Stibel now manages assets worth over $2 billion. This marks a twentyfold increase from their initial investment of $100 million.
What is Kobe Bryant’s Net Worth?
According to Celebrity Net Worth, Kobe Bryant’s estimated net worth at the time of his death was approximately $600 million.
This includes his NBA salary, endorsement deals, investments that have been liquidated, and media rights to the publication of his film and book.
There is little doubt that Kobe would have accomplished much more had he still been alive.
Before his passing, Kobe Bryant was a very charitable businessman, donating millions of dollars to charities such as the Make-A-Wish Foundation and Stand-Up to Cancer.
In a shocking turn of events, Kobe Bryan perished in a helicopter crash on January 26, 2020, at the age of 41. The accident also claimed the lives of eight additional individuals. Kobe’s 13-year-old daughter Gianna was also one of the victims.