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Kobe Bryant's $6M investment in sports drink now worth $200M

An investment made by Kobe Bryant has yielded more than 30 times its money in fewer than four and a half years.

On Tuesday, Coca-Cola announced it had purchased a minority stake in sports drink BodyArmor.

Bryant made his first investment in the brand, for roughly 10 percent of the company, in March 2014, putting in roughly $6 million over time. Based on the valuation of the Coca-Cola deal, his stake is now worth approximately $200 million, sources told ESPN.

Bryant is now the fourth-largest investor in the brand, marketed as a healthier competitor to Gatorade, behind the brand's co-founder Mike Repole, Coca-Cola and Keurig Dr Pepper. When Bryant invested in BodyArmor, the brand had just come off a year of $10 million in sales. BodyArmor is projected to top $400 million in sales in 2018.


Top 10 Female Soul Train Dancers of All Time

I didn't know where to put this, so here it is:

The Day Kobe Became the BLACK MAMBA

NBA Legends comment on what happens if you make Michael Jordan mad

a lot of people are saying that unwra needs to be phased out

Palestinians are the only refugees in the world who are not resettled in other areas, and were given inheritable refugee status. There are even refugee camp IN Palestine itself. What started out as 650K refugees or so in 1947 (which was an inflated number) has now ballooned to 5.5 million. It's an exponential function, when a Palestinian living in Paris for example marries a Moroccan and has 5 kids, that's 5 more Palestinian "refugees".

According to the UN, there now are 12+ million Palestinians, by comparison there are only 8.5 million citizens of Israel, of which 6 million are Jewish.

This organization is 10 times the size of the UN refugee group (UNHCR) which serves the entire rest of the world. They employ 30,000 Palestinians, and run the school system where they indoctrinate the kids for the cause.


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