Wondering how much is the net worth of Kobe Bryant? Well, check out further to find out Kobe Bryant’s net worth, career highlights, charity work and a lot more below.
Kobe Bean Bryant was the son of Joe Bryant, a former NBA player and was born in Philadelphia on August 23, 1978.
As a renowned professional basketball player, the entire length of Bryant’s career in the game happened with the Los Angeles Lakers which is a part of the National Basketball Association (NBA).
Kobe Bryant is counted among the greatest basketball players of all time and was fondly called as Black Mamba by his fans. During his career spanning over two decades, Kobe Bryant had won five championships with the NBA and was an all-star for 18 times.
How Much Is The Net Worth Of Kobe Bryant?
Kobe Bryant was one of the most famous former NBA players whose net worth is estimated at $600 million in October 2021.
He represented the NBA team for fifteen times. And he played for the All-Defensive Team 12 times. He was credited with the honor of being the Most Valuable Player for the NBA in 2008 and the Most Valuable Player during the NBA finals two times.
In the regular seasons of the league and in the postseason scoring, Bryant’s scores ranked him in fourth place. After his demise in 2020, he was voted into the Naismith Memorial Basketball Hall of Fame.
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Kobe Bryant earned a huge wealth during his career in professional basketball through salaries and endorsements. Here we discuss Gianna Bryant net worth, how much he made in the sport and how he spent his money.
Net Worth Of Kobe Bryant
Bryant had a 20 year long career in professional basketball till he retired from the game in 2016. During his playing career with the NBA, he was the leading scorer of all time who bagged 4 NBA titles.
As per the stats we have from Forbes, it is evident that the earnings of Bryant valued at $680 million during his career in basketball through salaries and endorsements was the highest ever made by a team athlete during their career in sports.
In 2016, Bryant had set up a Venture Capital fund worth $100 million in 2016 along with Jeff Stibel, a famed entrepreneur for investing in media, technology and data companies.
Kobe Bryant net worth before death was $600 million and the major part of his wealth was acquired from the salary he was paid for his basketball career besides earnings from endorsements and investments.
Estimates show that Bryant’s earnings from salary alone was worth $328 million. Kobe Bryant’s highest salary was recorded with the Lakers during the 2013-14 season when he was paid $30 million. During the time of his retirement, he was being paid a salary of $25 million.
Kobe Bryant’s Wealth After his Death
Kobe Bryant died in a helicopter crash on January 26, 2020 along with his daughter Giana, 13 years and seven other travelers. Kobe Bryant net worth after death is estimated at $600 million. The principal source of income for Kobe’s real estate was from Nike shoes and clothing. All of his estate was inherited by his wife and the three daughters he left behind.
In honor of her late husband Kobe Bryant, Vannesa Bryant promoted a new book that Kobe Bryant had created and wanted to publish through Granity Studios. In about two months after Kobe’s death, Vannesa shared a promotional video clip on Instagram.
In this video, she is shown holding the cover of the ‘The Wizard Series: Season One’ authored by Wesley King. Many estimates show Vannesa and her daughters now own a wealth of around &600 million.
Important Career Milestones of Kobe
Kobe Bryant was born, basketball was in his blood since his father Joe Bryant was already a player for Philadelphia 76ers. Once Joe retired from the NBA when Kobe was just six years old, the family moved to Italy and Joe continued playing for the European League.
During his pre-teens Kobe participated in US basketball summer leagues. Once Joe retired from games altogether, Kobe’s family moved to Philadelphia where Kobe attended his high school.
In High School, Kobe led the team that won its first state championship in about 53 years. With this success, Kobe was named the year’s Gatorade’s Men’s National Basketball player and All USA first time player of USA Today.
Despite scoring high scores in SAT that would earn him a seat in several colleges with a scholarship, Kobe chose the route of professional sports. When he was inducted into the NBA, he was the youngest player to get such an entry.
Though the Hornets drafted Kobe initially, he was traded at once to the Lakers in a deal that was prearranged. Since Kobe was just 17 years and was not a major still, his Rookie contract was signed by his parents. The first three-year contract Kobe signed for the NBA was worth $3.5 million. Kobe was the youngest starter in history with the NBA.
He hit his first remarkable stride when he was with the Lakers in his third year. His excellent skills in professional basketball made him compared to Michael Jordan and Magic Johnson.
In his third year, the contract was extended for a further period of 6 years that was worth $70 million. In 1999, Phil Jackson was made the coach of the Lakers and the most wonderful combination of Jackson, The Lakers and Kobe Bryant won the NBA championship for five times and this included winning it for three consecutive years between 200 and 2002.
When Kobe Bryant was playing for the NBA with the Los Angeles Lakers, his earnings through salary alone was more than $328 million.
The other lucrative contracts he signed during this period was a three year extension for NBA signed in 2010 that was worth $90 million, and a 2 year extension signed in 2013 that was valued at $48.5 million extension. During his final year with the NBA, Kobe was paid a salary of $25 million.
Major Achievements of Kobe Bryant
Kobe Bryant had some major achievements to his credit during his professional basketball career. In 1997, he was part of the NBA’s All-Rookie team. He bagged the BET Sportsman of the Year Awards for three years including 2002, 2003 and 2008.
He was credited with the honor of NBA’s most valuable player in the year 2008. He won the NBA All-Star for 18 times. He won 5 NBA championships in the years 2000, 2001, 2002, 2009 and 2010.
He also bagged the ESPY Icon Award in 2016. During the whole length of his basketball career, Bryant scored 33,643 points and scored 8,378 free throws. He completed about 4,010 turnovers. In 2008 and 2012, he was part of the teams that got the gold medals at the Olympics.
Kobe Bryant’s Charity Works
While Kobe Bryant had a huge wealth at his disposal, he too has been credited with a long list of philanthropic contributions during his lifetime. The former Lakers star had donated some big amounts to charities like Make A Wish Foundation and The National Museum of African History and Culture. He too ran a non-profit organization called After-School All-Stars.
Kobe and Vanessa Bryant Family Foundation was one of the most popular works of charity he accomplished in his life. This foundation was started to support the lives of youth and their families.
This foundation awards scholarships to mold young athletes by offering them coaching. After his death, Vanessa Bryant named this foundation as ‘The Mamba and Mambacita Sports Foundation.’
Kobe also gave a lot of money to support the cancer research and treatment of patients struggling with cancer. In 2012, he was part of an all-star telecast that raised a sum of over $81 million.
A non-profit venture, After-School All-Stars works in association with schools to provide extra school hours for the children of low-income families.
Kobe Bryant served as an ambassador to this organization and raised funds for this program through his speeches. Through ‘Make A Wish Foundation’, Bryant helped over 250 children facing life-threatening diseases to realize their cherished wishes.
Investments and Endorsements of Kobe Bryant
Kobe Bryant earned over $350 million from some lucrative endorsement deals with some major brands like Sprite, Nike, Turkish Airlines, McDonald’s, Hublot, Alibaba, Lenovo, Panini, Mercedes Benz, Sina.com and Panini.
Most notably, Kobe also signed a $48 million contract with Adidas for a period of 6 years. In 2003, he shifted to Nike with a four-year contract. His first signature shoe, Zoom Kobe, was released in 2006. Nike signed him up for a 4 year deal that was worth $10 million per year.
Bryant has also invested in a number of business ventures. One of the notable investments was Body Armour and Bryant Stibel. In 2014, Kobe purchased a 10% stake in the sports drink BodyArmour and the deal was worth $6 million.
In 2018 alone, the firm earned $400 million. In 2018, the stake in the firm purchased by Coca-Cola was worth $2 billion. With this deal, Bryant’s investment jumped in value to touch $200 million. Spalding made Kobe the face of a unique line of autographed balls and signature basketballs that were sold for about $200.
In 2016, he launched a VC initiative named Bryant-Stibel with a funding of $100 million along with his business partner Jeff Stibel. This venture capital initiative invests in a long list of companies like videogame designer Scopely,
The Players Tribune, LegalZoom, Juicero, and some sports media websites. Kobe also started a media company called Granity Studios that creates novel narratives of the stories surrounding sports.
Kobe was featured in a promotional advertisement to popularize ‘Call of Duty:Black Ops’, in which he was shown in a war scene holding a gun that carried the label Mamba. In 1998, Nintendo released a game on his name ‘Kobe Bryant in NBA Courtside’ which was an exclusive Nintendo 64 console. Notably, Kobe was among the youngest of athletes on whom video games were made.
Kobe’s Way of Spending Money
One of the most electrified players in the history of professional basketball, Kobe was also among the highest paid ones. A player highly addicted to basketball, Kobe also had a flair for enjoying life in a luxurious way. Kobe loved Italian cars and it is said once he walked into a Ferrari showroom to make an outright purchase of 458 Italia for a sum of $329,000.
In 2012, the three houses he owned were estimated at $18.8 million. All his houses were located in Orange County, California presenting a lengthy drive from the Staples Center where he worked.
Bryant had a helicopter to travel to home games. He said he loved travelling by helicopter to avoid traffic and stay fresh after travels. Unfortunately, it was in a helicopter crash that he lost his life in 2020 along with one of his daughters.
Kobe spent $5.8 million to buy a building in Newport beach for running the offices of Kobe Inc. he also partnered with Alibaba to produce the documentary ‘Muse’ and also to manufacture and distribute the Kobe-branded merchandise in China.