Stock Investment or Cryptocurrency? Usain Bolt Makes an Interesting Choice

Published 12/21/2021, 1:01 PM EST

After Usain Bolt won three consecutive gold medals, he became one of the greatest Olympians of all time. Although the debate between Michael Phelps and Bolt exists, the duo is hands down the greatest athletes the Summer Olympic Games has seen. With his outstanding achievements on the track, Bolt made millions in his career. Hence, he is one of the richest athletes in the world.

In the same vein, he recently spoke in an interview about his sensational career and the investments he made. When asked about whether he preferred stocks or cryptocurrencies, Bolt had an interesting choice.

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Usain Bolt invests in stocks

During the interview, Bolt spoke about preferring stocks to cryptocurrencies. Stocks are basically securities that give ownership of a fraction of a company. In the meantime, cryptocurrencies are a collection of binary data that works as a medium of exchange.

The investments he makes have helped him to improve his career earnings while investing in different companies. With his outstanding personality, Bolt achieved different things in his career. During the Olympic Games, he had just two sponsors. But now, he is a millionaire.

Why Do Jamaicans Dominate Track Events? Usain Bolt Reveals Country’s Big Secret

Bolt’s investments

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During the Olympics, he had two sponsors. Digicel and Puma. He has a net worth of $90 million while earning from various companies. After his incredible performance in Beijing, he signed different endorsement deals with Hublot, Virgin Media, Mumm Champagne, and Gatorade. His investments are primarily based in Jamaica partnering with different companies to start a dental clinic for the people in his country. Likewise, he has a restaurant in Jamaica named Tracks & Records as a part of his famous investment.

With different significant investments, Bolt made himself a millionaire by cracking smart deals. His commitment to his craft helped him receive different offers from various companies while investing in other ventures. After a glittering athletics career, Bolt launched his dream album ‘Country Yutes’, which has become a resounding success and on top of the reggae charts.

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A smart investor off the track, Usain Bolt built an empire and increased his fortune. Thus, he is right there with the best in the world.

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Written by:

Jacob Gijy is a US Sports and NBA writer at EssentiallySports. Gijy finished his Masters in Counselling Psychology and worked in a hospital for 2 years before his passion for sports compelled him to find his way to sports journalism. A fan of the great Tim Duncan, he is always ready to pick up a debate with anyone who does not offer the center the respect he deserves.

Stock Investment or Cryptocurrency? Usain Bolt Makes an Interesting Choice

Usain Bolt invests in stocks

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Bolt’s investments