Kevin Durant, the great forward for the Brooklyn Nets, is expected to have a net worth of almost $200 million as of 2022. Durant’s 15-year NBA career with the Seattle SuperSonics, Oklahoma City Thunder, Golden State Warriors, and most recently Brooklyn has contributed significantly to his wealth.
Included in this is his $43 million salary for the current season, which is among the highest in the league. According to Spotrac, Durant will have made over $495 million in total earnings by the time his contract with the Nets expires in 2026.
Durant receives tens of millions more in endorsement payments each year, including $26 million from Nike. Additionally, he has invested in other businesses, such as Postmates and the investment software Acorns.
Durant’s earnings from his numerous efforts totaled $65 million between June 2019 and June 2020. After playing for the Golden State Warriors and partnering up with Stephen Curry for three seasons, Kevin signed a four-year, $164 million deal with the Brooklyn Nets in 2019. He has made more than 40 investments in early-stage technology companies, making him an active tech investor.
In the 2022-23 season, Kevin Durant and the Nets are among the favorites to claim the NBA title, currently at +1200 odds to win the NBA Finals, according to bookmakers like 10cric, of which punters can enjoy the 10cric bonus code to bet on the outcome of the current NBA season.
Early years and career beginnings
On September 29, 1988, in Washington, DC, Kevin Wayne Durant was born. His father abandoned the family when he was still a baby, and his parents eventually got divorced. Durant’s grandmother therefore assisted in raising him. Brianna is his sister, and Tony and Rayvonne are his two brothers.
They were raised in Prince George’s County, Maryland, a suburban area of Washington, DC. When Durant was 13 years old, his father came back into his life, and the two of them spent time traveling to basketball competitions across the country.
Growing up, Michael Beasley, Greivis Vasquez, and Ty Lawson were teammates on Durant’s Amateur Athletic Union (AAU) basketball teams, which he played for in the Maryland region. Durant started donning the #35 jersey number in memory of his first AAU coach Charles Craig, who was assassinated at the age of 35.
He played high school basketball at National Christian Academy, Oak Hill Academy, and Montrose Christian School. He committed to the University of Texas before his senior year of high school, as he was a highly sought-after recruit and was rated as the second-best high school talent of 2006. Durant won the 2006 McDonald’s All-American Game MVP award and the Washington Post All-Met basketball player of the year awards at the conclusion of his senior year.
Durant had a prosperous collegiate playing career at the University of Texas at Austin for the Texas Longhorns. He recorded 25.8 points, 11.1 rebounds, and 1.3 assists per game for the 2006–07 college season. He received eight honors and trophies in addition to being named the undisputed national player of the year and winning the John R. Wooden Award and the Naismith College Player of the Year Award. He declared for the NBA draft after that season. The Longhorns have since retired his #35 jersey.
Durant’s investments
Thirty-Five LLC, Durant’s company, is a venture capital corporation. It makes investments in early-stage and startup businesses. Together with Rich Kleiman, his manager/agent, Kevin Durant established this investment company. The company invests in around forty projects, with an estimated $15 million in funding.
Some of the businesses that have received funding include Yoshi, an on-demand car care startup, Rubrik, a cloud data management startup, Postmates, a meal delivery service, Whoop, a wearable fitness tracker, Robinhood, a stock trading platform, and Weedmaps, a cannabis e-commerce startup.
Sports-related businesses are also a part of Kleiman and Durant’s activity. He just became a community partner and investor with a five percent investment in Major League Soccer team Philadelphia Union’s ownership group, with the potential to add another five.
Properties
Around $30 million was spent by Kevin Durant to purchase homes across the country. He is renowned for flipping his properties and making investments in other real estate. He had only lately sold his Malibu home. Recently, his Oakland home was put up for sale for $6 million.
In addition, Kevin Durant is well-known for his fleet of expensive vehicles. He frequently drives a Ferrari California, which costs about $400.000. He also owns a number of other vehicles, including a Lamborghini, Range Rovers, Ferraris, Porsches, several Mercedes Benz models, and a vintage 1966 Ford GT 40. Additionally, he owns a Chevrolet Camaro SS, which he has heavily customized with matte red paint and pinstripes to match the look of his shoe line.
Charity work
Kevin Durant has contributed to a number of charities throughout the course of his career. One of his $10 million donations went toward helping local kids attend college in his hometown. Additionally, he has a charitable organization called the Kevin Durant Charity Foundation that strives to improve the lives of low-income, at-risk adolescents by providing them with access to social, physical, and educational programs.
Furthermore, the organization has provided grants to projects that encourage homelessness prevention, girl emancipation, disaster relief, and social justice. According to reports, Durant has also given $3 million to the University of Texas to support their basketball program and $1 million to the Red Cross for tornado recovery.
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