WATCH: Alex Rodriguez Celebrates After a Senior A-Rod Corp Executive Finds Herself on an Esteemed Board
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Stemming from his father’s shoe business, Alex Rodriguez has always housed an entrepreneurial drive, which first came to light when he initiated the idea of venture capital firm A-Rod Corp in 1996. Since then, as A-Rod’s career in the ballpark grew to new heights, his ambitious dreams through A-Rod Corp continued to grow, too.
The slugger first began to construct an empire in the world of real estate before eventually expanding A-Rod Corp to the larger business world.
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Analogues to that, under its real estate division, A-Rod Corp founded Monument Capital Management, a real estate firm. President of the firm, Erin Knight, recently found a place on the esteemed board of directors at Amerant Bank. And A-Rod couldn’t keep calm.
Alex Rodriguez celebrates his teammates’ entry into a popular board
Undoubtedly, A-Rod Corp has attained new levels with every passing day and investment. Today, the former Yankee’s venture capital firm has invested in above 30 companies. And their partnerships are valued at over $1 billion. As a result of this success, Erin Knight got inducted into Amerant Bank’s board of directors recently.
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The 14-time All-Star and World Championship reached his Instagram story celebrating Erin Knight’s entry into the board of directors and shared Amarant’s and Erin’s official statement.
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He also added a few words for the presentation of MCM. A-Rod said, “The status quo is never enough. And our team is always looking for new challenges. Amerant is lucky to have you Erin!”
Which are A-Rod Corp’s two biggest assets?
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Ever since his retirement from the park, Alex Rodriguez has begun devoting long hours to A-Corp. In 2020, with Marc Lore and Jennifer Lopez, he started bidding for the Yankees’ Subway Series rivals, the New York Mets. While that bid didn’t go as planned, A-Rod and Lore purchased a 20% stake in the NBA’s Minnesota Timberwolves in 2021.
Their second biggest asset is a previously owned Doland Trump property. The Waldorf Hotel in DC, which Donald Trump owned, was purchased by A-Rod Corp for $375 million earlier this year.
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Watch this story: Alex ‘A-Rod’ Rodriguez was close to joining Boston Red Sox – Here’s what went wrong in the near historic deal
All in all, what do you make of A-Rod’s A-Rod Corp? Let us know your thoughts in the comments below.
Edited by:
Abhishek Kumar