Many sports players are savvy investors too. Players have been finding ways to multiply their hard-earned money one way or the other. The list includes many NBA players, like Shaq investing in multiple companies, and LeBron James investing in other sporting teams. Michael Jordan investing in Charlotte Hornets and in a NASCAR team is another example.

Looking at another NBA star, F1 legend, Fernando Alonso, had once tried his hand at investing and making a product.

Emoji App by Fernando Alonso

The application industry seems ludicrous with the rise of mobile phones and the increase in texting culture. Emojis have become a necessity in these times of mobile phones. Now, let’s take you all back to 2017. Considering these factors, Stephen Curry launched an Emoji app like Kim Kardashian and Justin Bieber.

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Looking at the opportunity, 2x F1 Champion and current Alpine driver had also launched an app. The app- Alonso’s official emoji app was available on the play store and Apple store. The app was an instant hit, with users liking the emojis.

This incident shows how people, even though from different sports or even industries, try to manage their money. Keeping up with the fads and tastes of the new generation and the users is the key.

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Investing money becomes very important for players, considering the uncertainty they face with injuries.

Shaq and his reckless spending

Shaq’s rising to the top has come with a lot of struggles. Coming from a humble background, he had made his way to the top. When he got his first salary check, he had spent it very recklessly, using up and throwing away large amounts.

Later, when he understood his mistakes, he started making smart decisions and investing money. Now, he’s a successful businessman and investor along with being a commentator and ex-player.