Kobe Bryant’s net worth was reported to be $600 million at the time of his death. Kobe Bryant was a former professional basketball player and entrepreneur from the United States. He spent his whole 20-year NBA career with the Los Angeles Lakers.
Bryant was regarded as one of the best NBA players of all time, having won numerous awards and trophies during his career and being one of the wealthiest athletes of all time.
The world was shocked when Kobe was confirmed dead after a horrific helicopter crash on his route to his daughter’s basketball game. His daughter, as well as several others, were killed.
Kobe Bryant’s Childhood
Kobe Bryant was born in Philadelphia, Pennsylvania on August 23, 1978. He lived in Philadelphia because his father, Joe Bryant, was a member of the Philadelphia 76ers at the time. Kobe was named after the famed Kobe meat from Japan that his parents noticed on a restaurant menu in Philadelphia. Kobe and his family relocated to Italy when he was only six years old.
This was because his father had retired from the NBA but continued to play overseas. Kobe learned to speak Italian fluently here. Aside from that, he continued to hone his profession, never taking a break from basketball. In reality, he visited American basketball clinics every summer. When Joe Bryant announced his retirement, Kobe and his family relocated to Philadelphia.
Kobe went to Lower Merion High School, where he began to build a name for himself. Kobe annihilated the competition in high school. He was responsible for his high school’s first championship in 53 years.
He was soon crowned Gatorade Men’s National Player of the Year. He was also chosen USA Today’s first-team All-American. With so many honors, it was a no-brainer for Kobe to enter the NBA without first attending college. He was the first player in history to accomplish so.
Kobe Bryant’s Basketball Career
Kobe was drafted by the Charlotte Hornets before being traded to the Los Angeles Lakers. Kobe’s parents co-signed his first three-year .
5 million contract because he was only 17 at the time. Kobe soon established his worth. In his second season, he was selected for the NBA All-Star game, making him the youngest all-star ever.
Bryant, on the other hand, was forced to share the star player role with Shaquille O’Neal on his team. Even though the two clashed, head coach Phil Jackson made it work and led the squad to multiple championships. In reality, by the time Kobe was 23, the Lakers had won three consecutive championships.
The Lakers’ reign came to an end in 2004 when the Detroit Pistons defeated them in the NBA finals. Shaquille O’Neal was traded shortly after. As a result, Kobe became the single leader of the Lakers.
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He now had to carry a complete franchise on his back. Despite missing the playoffs for multiple years, Kobe continued to grind and outperformed the league in scoring.
This all changed in 2009, with the birth of the iconic Lakers-Celtics rivalry. Kobe was able to lead the Lakers to championship victories in 2009 and 2010 during an intensive string of championship years. Outside of the NBA, Kobe Bryant has a handful of Olympic medals to his name.
He was a member of the gold-medal-winning USA basketball teams in the 2008 Beijing Olympics and the 2012 London Olympics.
Kobe Bryant’s Personal Life
Kobe married Vanessa Laine, then 17, in November 1999. They met in a music video while she was working as a background dancer. He was working on his debut musical album in the studio at the same time. They were married six months after their first meeting.
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She was still a high school senior.
On April 18, 2001, Kobe and Vanessa married at Dana Point, California. Bryant’s parents reportedly did not attend the wedding because they did not approve of the relationship.
Their first child, Natalia Diamante Bryant, was born on January 19, 2003, and their second child, Gianna Maria-Onore Bryant, was born on May 1, 2006. They eventually had a total of four children, all daughters. Bianka and Capri are their other daughters.
Vanessa Bryant filed for divorce on December 16, 2011, after 10.5 years of marriage. The couple did not have a prenup, and Vanessa’s divorce settlement might have cost him between $100 and $150 million. They eventually made up.
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Outside of the NBA, His Net Worth
Throughout his career, Kobe earned an incredible $350 million in endorsements. Nike, Sprite, McDonald’s, Turkish Airlines, Lenovo, and many more are among the famous endorsements.
Kobe was so popular in China that he was able to sign contracts with firms such as Alibaba, Sina, and Mercedes Benz. Kobe bought a 10% share in Body Armour for about $6 million in March 2014.
Coca-Cola also purchased a share in Body Armour in August 2018, valuing the firm at $2 billion. Kobe’s investment was now worth $200 million! In addition, in 2017, Kobe Bryant voiced the Academy Award-winning animated film “Dear Basketball.”
One year later, he published “The Mamba Mentality: How I Play,” a self-written book about his famed basketball strategy.
Kobe Bryant’s Venture Capital Firm
Kobe launched a commercial venture that few expected in August 2016. Bryant-Stibel Venture Capital was founded by him and his business partner, Jeff Stibel.
This venture capital firm was funded to the tune of $100 million. Their primary goal was to invest in companies involved with technology, media, and data.
Kobe and his partner have invested in several firms over the years, including Ring DNA, LegalZoom, Dell Technologies, and videogame designer Scopely.
Bryant-Stibel now manages more than $2 billion in assets. This represents a twenty-fold gain over their first capital of $100 million.
Kobe Bryant’s Net Worth
According to Celebrity Net Worth, Kobe Bryant’s net worth was to be around $600 million at the time of his death.
This includes earnings from his NBA salary, endorsement partnerships, liquidated investments, and media rights to the release of his film and book.
While this is a tremendous accomplishment, there is no doubt that Kobe would have accomplished much more if he were still alive today.
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Kobe Bryant was a highly generous businessman before his death, donating millions of dollars to organizations such as the Make-A-Wish Foundation and Stand-Up to Cancer.
Kobe Bryan perished in a helicopter crash on January 26, 2020, at the age of 41, in an incredibly surprising turn of events. The crash also claimed the lives of eight more persons. Gianna, Kobe’s 13-year-old daughter, was also among the victims.