Kobe Bryant Net Worth: Early Life, Career Earnings & Cause Of Death

Kobe Bryant was killed in a helicopter accident on January 26, 2020. Kobe Bryant won 5 NBA titles, was named MVP of the NBA Finals twice and made the All-Star team 18 times.

Kobe Bryant Early Life

On August 23, 1978, in Philadelphia, Pennsylvania, Kobe Bryant entered the world. His father, Joe Bryant, was a former player with the Philadelphia 76ers. His mother and father were dining out when they decided to name their son after the Kobe beef from Japan.

When Kobe was six, Joe retired from the NBA and moved the family to Italy where he continued playing in a European league. Kobe learned to speak Italian fluently. Kobe returned to the United States to play in summer basketball leagues during his preteen years. When Joe finally decided to hang up his cleats for good, he and his family returned to Philadelphia, where he enrolled at Lower Merion High School.

Kobe Bryant’s Salary And Career Earnings

Kobe Bryant made approximately $328 million only in pay during his time with the Los Angeles Lakers of the National Basketball Association. In 2010, an NBA player signed a three-year, $90 million contract extension. A two-year, $48.5 million contract was added to his name in 2013. When Kobe retired from the NBA, he had a $25 million paycheck.

Approximately $350 million of Kobe’s fortune came from endorsement deals. That added $680 million to his lifetime earnings.

Nike, Sprite, McDonald’s, Turkish Airlines, Lenovo, Hublot, and Panini are just a few of the brands he’s been officially endorsed by. Due to his immense popularity there, Kobe was able to get lucrative endorsement deals with Chinese firms like Alibaba, Sina.com, and Mercedes Benz.

For the first several years of his career, he was under Adidas’ sponsorship. His six-year deal with Adidas, inked before the 1996 season, was for $48 million.

In the wake of sexual assault allegations against Kobe in 2003, many of his sponsorship deals were discontinued. One company that did sign him that year was Nike, which gave him a four-year agreement for $10 million annually. For two years, Nike notably avoided using Kobe in any promotional materials involving the company’s endorsement deal with him.


Kobe Bryant’s Net Worth

Professional basketball player, producer, philanthropist, and entrepreneur Kobe Bryant passed away in 2016. Kobe Bryan was valued at $600,000,000 at the time of his death.

Kobe Bryant’s Personal Life

Vanessa Laine, who was 17 at the time, was Kobe’s bride in November 1999. She was a background dancer in a music video where they first crossed paths. At the same time, he was recording his first album in a studio. Inside about half a year of their initial encounters, they were already engaged. She has one more year of high school to go.

It was in Dana Point, California, on April 18, 2001, that Kobe and Vanessa tied the knot. It has been alleged that Bryant’s parents did not attend the wedding since they did not agree with the union.

In January 2003, they became parents to Natalia Diamante Bryant, and on May 1 of 2006, they welcomed daughter Gianna Maria-Onore Bryant. In the end, they had four little girls. Bianka and Capri are their other two daughters.

After 10.5 years of marriage, Vanessa Bryant filed for divorce on December 16, 2011. There was no prenuptial agreement between them, therefore he might have to pay $100 million to $150 million in Vanessa’s divorce settlement. After some time had passed, they were able to make up.

Kobe Bryant Net Worth

Body Armour Investment

Kobe paid $6 million in March 2014 for a 10% stock investment in the sports drink company Body Armour.

Coca-Cola invested $15 million in BodyArmor in August 2018, valuing the company at $2 billion at the time. That made the pre-tax paper value of Kobe’s $6 million investment $200 million. When Coca-Cola assumed responsibility for bottling and distribution, it was rewarded with a 15 percent equity investment.

Coca-Cola paid $5.6 billion in October 2021 to acquire the remaining 70% ownership stake in BodyArmour in a deal that placed an $8 billion value on the latter. Kobe’s interest was only 5% at the time of the acquisition, therefore his estate made a tidy $400 million.

Death

On January 26, 2020, at the age of 41, Kobe Bryan was killed in a helicopter crash. The crash also claimed the lives of eight others. Gianna Kobe, Kobe’s 13-year-old daughter, was also a casualty. You can check TheActiveNews.Com for the latest information.

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