November 2, 20212 min read, 352 words
Published: November 2, 2021 | 2 min read, 352 words
The estate of the late NBA great Kobe Bryant is getting a major cash infusion after beverage giant Coca-Cola purchased BodyArmor, a sports drink company in which Bryant was an early investor.
A report from CBS News notes that the $5.6 billion purchase of the company will net Br...
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Great Context
Nov 2
A pretty solid breakdown of Kobe Bryant's 2014 beverage investment that has netted his family more than $400M after his passing. The article breaks down Bryant's ownership, how he came to own 10% of the company, and Coke's relationship with the company as a minority owner until making what is now its largest acquisition to date.
Nov 2