LeBron James: Multi-asset Investment

 

As a successful investor, LeBron does not rely on his salary or commercial activities incomes like most other NBA players. He tries to invest in different fields such as marketing, sports supplies, software, earphones and bicycles, and earns a lot from it. He will never miss any to invest.

In 2006, LeBron has founded his own marketing company LRMR, whose name derives from the first capitals of four persons: LeBron and his three childhood friends. LeBron had invested in Beats and became its shareholder. And after Apple purchased Beats for $3 billion, he earned $30 million from the investment, which surpassed his annual income as a player.

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LeBron cares not only about those “fast money”, but also about “potential opportunities”. In 2011, he made a deal with Fenway Sports Group, and become a shareholder of Liverpool FC. Reportedly, that investment in Liverpool FC increased by 25% in three years, brough LeBron a new opportunity to broaden his business landscapes in Asia, since Liverpool owns a large number fans in Asia.

LeBron James believes that he should not trap himself in his own field. He should invest in multiple fields for long-term incomes.

Danica Sue Patrick: Hiring Personal Financial Advisor

 

Danica Sue Patrick is very famous in America’s car-racing world. She’s so talented in car-racing that even some of the male racers can not compete with her. She won the bronze Atlantic Championship when she was 19, and became the first female racer champion of IndyCar Series in American history. According to Forbes, Patrick’s total income in 2015 reached $15 million, ranking at No.5 of the world’s highest-paid female athletes.

The female racer admitted that she didn’t have time and specific knowledge to manage her income. Therefore, she hired two personal financial advisors to monitor her inflows and outflows of money, and to assist her on her investment. As Patrick said, “My financial advisors manage all my money, expect for my daily payments.”

Robert Paxton Gronkowski: Setting Short-run Saving Targets

 

Gronkowski is the star of New England Patriots. He is known as one of the most brilliant tiger ends in history, and he played a very important role in 2014 the 49th Super Bowl, where Patriots won the competition. Gronkowski published a book last year, call “It's Good to Be the Gronk”, telling the readers his experiments in investment.

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Gronkowski is a saving person. He sets short-run saving targets for himself, and deposit money to the bank as scheduled. “I never touch my incomes and bonuses from competitions. I use my money from commercial activities. And I never buy expensive cars or jewelries. Neither do I tattoo. What’s more, I am still wearing the jeans I bought in high school period. I like the jeans,” written in his book. According to Gronkowski, it’s a funny thing to fulfill his saving targets.

Ronda Rousey: Making Good Use of the “Unexpected Incomes”

 

Ronda Rousey, queen of boxing, is one the most valuable female athletes in America. According to Forbes, Ronda Rousey’s income from boxing reached $13 million, ranking at No.8 of the world’s highest-paid female athletes. She is also popular out of the boxing world, as she has appeared in some Hollywood movies including Fast & Furious 7. She is also in in Fortune’s ’40 under 40′ list of influential people. Apparently, Ronda Rousey’s influence will not be hurt by the knockdown last year.

In fact, in the competition where she was beaten by Holly Holm, Ronda Rousey still earned approximately $10 million. After the competition, when she was asked how to spend the money, she didn’t have any extravagant plans but to add some flowers in her garden. “It’s not expensive, but it's what I want the most.” For the female boxer, if you have any unexpected income, don’t spend it so quick, but make it your motivation to make more money.

Daniel Norris: Looking for A Simple Lifestyle

 

As a super rookie of Toronto Blue Jays, Daniel Norris was paid $2 million when he first signed the contract with Blue Jays, five years ago. And he also had an annual salary of $500 thousand. With a handsome face and a height of 1.88 meters, Daniel is the ideal man for all girls.

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Different from the rookies who start their extravagant life after the get well-paid, Daniel only bought a Volkswagen Camper Van and installed a bed and a solar panel in it. That’s his car and “house”. At present, Daniel is still living in his car house, and spend only $800 every month.

“I am looking for a simple lifestyle. For me, life does not need to be luxurious.” The MLB star said when he was being interviewed, “Driving to the beach, eating fancy food, drinking coffee, isn’t it amazing?” For Daniel Norris the happiest lifestyle is not drinking and heeling around but simple and free life.