NBA star reveals how he quadrupled his money
NBA star Tristan Thompson reveals the best investment he's ever made.
Professional athletes are increasingly focusing on building long-term wealth beyond their playing careers, and NBA star Tristan Thompson is no exception. He joined TheStreet to discuss the best investment he's made in his career.
Related: Why this NBA star believes crypto can replace traditional banking
TRISTAN THOMPSON: Well, I invested in a bank in Toronto, a couple condo units when I first got into the NBA. I got them at a very low six figure number. But now, if I wanted to sell, you know, I've already four xed my money. So obviously I think everyone always preaches that, you know, real estate is a great way to, you know, create Wealth. But I think it's a portfolio. Right you got to have a little bit of everything. Right so obviously technology and how quickly it's grown in the Web3 space has grown so quickly. That's another area where I'm very heavily invested in just because of how rapidly things grow. You see here, everyone comes in and talks tech. You have, you know, our president purchasing AI. You have Elon Musk looking to buy tech from other people for billions of dollars. It shows you that the world is changing. And if you look in the side of the Asian market and the Middle East market, they're already ahead of the curve in terms of the technology and forward thinking. We're catching up. So with that being said, it's like, why not be part of that forefront on the American Western hemisphere side, where you can kind of elevate and be part of that charge?
