Transitioning from one career to the next is not easy, especially if you’ve been doing it for more than two decades. But MLB legend Alex Rodriguez managed to switch from baseball star to businessman with ease. He has used his career earnings to build a business empire and a net worth of $350 million. Most recently, he was compared to business mogul Bill Gates due to his investments in a particular industry.
Rodriguez moved into business because he wanted to avoid being like the many athletes that lost their earnings over the years. It’s safe to say that he has been successful thus far and is now investing in similar industries to the likes of Gates.
Alex Rodriguez and Bill Gates further their investments in Real Estate
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Alex Rodriguez made the transition to business via Real Estate. He invested in apartment buildings before slowly expanding into other ventures. Most recently, he and Bill Gates were used as comparative examples of good real estate investment. Rodriguez has diversified his investments over the years, but real estate is where his business journey began.
Per a report from Yahoo, “In recent years, business magnate Bill Gates, the world’s fifth-wealthiest person, increased his investments in the historically stable asset class and become the largest private landowner in the United States.” It further states, “The former New York Yankees great Alex Rodriguez has heavily leveraged his earnings as the highest-paid player in Major League Baseball history into the real estate sector.”
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A-Rod heavily invests in real estate even today and it forms a major part of his business empire. He has learned from several mentors over the years and increased both his knowledge and experience. Today Rodriguez offers tricks to succeed in business. But he has one or two regrets about investing in real estate.
Rodriguez regrets he didn’t invest more money in real estate
Real estate has helped Alex Rodriguez build his enormous $350 million net worth. But he regrets two things: not buying more real estate and selling some of what he did buy. The former Yankees legend wishes that he had put more money into it. Furthermore, he wishes that he held firm on some of the properties he owned rather than selling them.
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Watch This Story: Here’s A Quick Look At How MLB Goat Alex ‘A-Rod’ Rodriguez Spends His Millions
What do you think about Alex Rodriguez and Bill Gates being mentioned together for their real estate investments? Kindly share your opinion in the comments below!