Combined Net Worth of Around $500 Million, Stephen Curry, Tom Brady and Naomi Osaka Helped Crypto Company Rise from $90 Million to Over $1 Billion
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NBA superstar Stephen Curry finally won the long-awaited Finals MVP award last season after helping the Golden State Warriors to the title. The opponents Boston Celtics were good, however, the much-experienced Warriors did not need a game-7. Curry has been impressive ever since he set foot in the league. He has been one of the most influential figures in the game of basketball. This has helped him earn his fortune. Other than his salary and endorsement deals, Curry has made some smart investments over the years.
As per reports, Curry has a net worth of $160 million. He has invested in businesses like SnapTravel, Tonal, and Unanimous Media, among others. However, last year, Curry took an unconventional route. It was a time when the world of investment was going through a major change with the surge of cryptocurrencies. And the two-time MVP made sure he was not left behind.
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The ‘Baby Faced Assassin’ teased his fans with a tweet saying, “Just getting started in the crypto game…y’all got any advice??”
A day later, crypto trading firm FTX announced Curry has become their global ambassador and shareholder. However, he is not the only celebrity to be associated with the firm.
The star power of Stephen Curry, Tom Brady, and Naomi Osaka
Like Stephen Curry, NFL superstar Tom Brady and tennis superstar Naomi Osaka are also associated with the crypto trading firm FTX. As per reports, Brady has a net worth of $250 million, while Osaka has a net worth of $59 million. Curry also received an equity stake in the company as part of the deal, joining Brady as a shareholder. But not many were sure about how their involvement with the crypto trading firm would play out. Many had doubts about it.
However, it looks like the superstars have helped the firm with its profits. The exchange took revenue from below $90 million in 2020 to more than $1 billion last year reportedly as cryptocurrencies hit an all-time high.
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Welcome to the FTX Team, Stephen Curry!
We're excited to announce he's become FTX Global Ambassador and a shareholder. Though, who better to announce it than @StephenCurry30 himself?! pic.twitter.com/Ypj50hnumG
— FTX (@FTX_Official) September 8, 2021
According to reports, in the first quarter of 2022, FTX made $270 million in revenue. But it is unclear how the company did in the second quarter when crypto prices took a hit.
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Interestingly, FTX signed a $17.5 million deal with U.C. Berkeley for naming rights to their football field. It was the first ever cryptocurrency collegiate sponsorship in the nation.