“Letting Your Money Work for You”- $65 Million Worth Shaun White Reveals the Best Financial Advice He Has Ever Received

Published 04/03/2022, 4:44 PM EDT

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If you are an athlete as great as Shaun White, money will always follow. However, how you treat that money is also important. Not every athlete is a financial guru, but they do make a lot of money. Now you must be wondering what Shaun White does with all his money? Does he invest? Does he spend it? Or does he leave it as it is in his bank account? Let’s find out.

 

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The Olympic legend is having a great time post-retirement. Going on vacation with his girlfriend Nina Dobrev, spending time with family, and that’s not all as he was even a presenter at the Oscars 2022. Seems like someone is living the best phase of their life.

Shaun White shared an important financial advice

Is Shaun White as good with money as he is in snowboarding? Well, he certainly makes enough money given his net worth for the year 2022 was estimated to be $65 Million. The legend shared the most important financial lesson he learned a long time ago. He said, “Somebody sat me down and really explained the concept of compounding interest.”

The snowboarding legend further added, “It’s letting your money work for you rather than being out there trying to make moves. It doesn’t sound as enticing as this big elaborate plan to be financially stable, but it’s definitely proven through time.”

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A well celebrated Oscar 2022

The controversial Oscars 2022 was an amazing event. The sports trio Shaun White, Tony Hawk and Kelly Slater, were part of this year’s award show and did a pretty good job. They paid the tribute to Hollywood’s most iconic character James Bond on its 60th anniversary.

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It was an evening to remember and the sports heroes made it even more exhilarating for the fans. Perhaps including the extreme sports legends in the Oscars 2022 was a great idea.

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WATCH THIS STORY: Nathan Chen, unsure about his future in figure skating opens up on Russian controversy at Beijing Winter Olympics 2022

What was your favorite moment from the Oscars 2022? Let us know in the comments below.

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Written by:

Saurav Panwar

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Saurav Panwar is a US Sports writer at EssentiallySports. A postgraduate in Media and Communication Studies, he shares a profound love for creative direction and filmmaking. Saurav is also an avid reader and a literature devotee whose fandom spreads from classics to sci-fi, non-fiction, plays, comics, and much more.
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Edited by:

Ranvijay Singh