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Kobe Bryant Quickly Turns $6M Investment Into $200M Stake

Kobe Bryant Quickly Turns $6M Investment Into $200M Stake Not even four-and-a-half years ago, Kobe Bryant invested $6 million in the sports drink BodyArmor. BodyArmor markets itself as a healthier competitor to Gatorade. On Tuesday, Coca-Cola bought a minority stake in the beverage, which shot Bryant's stake up to approximately $200 million, according to ESPN. Bryant is the fourth largest investor in the brand, behind co-founder Mike Repole, Keurig Dr Pepper and Coca-Cola. In March of 2014, BodyArmor reached $10 million in sales. The brand is projected to exceed $400 million in 2018.

Source: Inform News

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