Draymond Green Once Said He Wanted To Be A Billionaire By 40: He Has Made Some Incredible Investments To Get Closer To That Goal

4 Min Read

Credit: Cary Edmondson/USA Today Sports

Draymond Green is one of the best defenders in the league, and there’s no doubt that he’ll be a Hall of Famer at some point in the future. He has been a key part of the Golden State Warriors dynasty and definitely has the accolades to eventually be inducted into the Hall of Fame.

Aside from his play on the basketball court, Draymond Green is also a savvy businessman off the court. In 2017, Draymond Green notably claimed that he wants to be a billionaire by the time he’s 40 years old. Kurt Badenhausen of Forbes relayed the news:

“I want to be a billionaire. I want to be a multi-billionaire. I don’t have an exact number, but I just want to be a billionaire first and that’s my goal,” says Green. “I want to do that by the time I’m 40. Tough task for sure, but I think I can reach it.”

Draymond Green has clearly taken strides towards achieving that goal. Andrew Petcash has recently compiled a Twitter thread of Draymond Green’s best investments, among which is Lobos 1707 Tequila and Smile Direct Club.

Draymond Green said he will be a billionaire by 40 years old.

$130M in NBA money and several big-time moves off the court.

The Warriors pay Draymond well. He is on a 4-year $99.6M contract.

In other words:

— $25,000,000 a year

— $304,878 a game

— $76,219 a quarter

— $6,351 a minute

Green earns roughly $4M/year from endorsements alone. They include:

• Nike• Ciroc • Subway • Converse • Hugo Boss • Beats By Dre • Turner Sports • Apple Fitness+ • SurveyMonkey • Mercedes Benz • Smile Direct Club • Major League Fantasy

Draymond’s net worth is reported to be $50M, but it’s probably much higher. Here are his 4 best investments:

4) Lobos 1707 Tequila

In 2020, Draymond made an investment in the Italian tequila brand. He invested alongside:

• Lebron James • Anthony Davis • Arnold Schwarzenegger

Green invested in the company because of the taste, core company values, and diverse leadership.

3) Blink Fitness

In 2018, Draymond invested in 20 Blink Fitness gyms.

He owns almost 1/5 of the total supply.

With total revenues of ~ $375M, each gym does about $3.4M in revenue a year.

1) Smile Direct Club

Green invested in the orthodontics service in 2015 when it was valued at $100M.

Smile Direct Club IPOd at a $9B valuation.

Draymond 40X’d his investment.

What else is Draymond investing in?

— LARQ — Snackpass — Rumble Boxing — Main Street Advisors — Performance Inspired

Along with these, Draymond also runs his own fund, 100k ventures.

Draymond’s Plan to Hit $1 billion

1. Hang Around the Right People

2. Make Smart Investments

3. Keep Spending in Check “Every day, every decision I make, ‘How is this helping me become a billionaire?’”

There is no doubt that becoming a billionaire isn’t easy, even for an NBA player. LeBron James notably became a billionaire recently, and perhaps Draymond Green can do the same if he continues to make savvy investments.

We’ll see if Draymond Green is able to reach that goal in the future. He definitely seems as though he’s making the right moves, and hopefully, his strategy pays off for him.

Newsletter

Stay up to date with our newsletter on the latest news, trends, ranking lists, and evergreen articles

Follow on Google News

Thank you for being a valued reader of Fadeaway World. If you liked this article, please consider following us on Google News. We appreciate your support.

Share This Article
Follow:
The Vy Lee Tran is a Senior Writer for Fadeaway World, specializing in trade scenarios, blockbuster trades, and the NBA salary cap. He graduated from Earlham College with honors and a B. A. in English.He is an avid fan of the NBA as a whole and thinks Stephen Curry is quite easily a top-10 player of all time. In his free time, you can find Lee playing basketball and working on his 3PT jumper. Expertise: NBA, Trade Scenarios, CBA, Salary Cap, Player BreakdownsFavorite Team: New Orleans Pelicans Featured On Sports Illustrated, HoopsHype, Heavy
Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *