Superstars like Stephen Curry, Shaquille O’Neal, and Tom Brady have all been in the news recently. However, it is not for their performance on the field or on the court. Instead, their association with Crypto giant FTX is making all the headlines.
A few days ago, the Billion dollar company filed for bankruptcy with the founder losing 95% of his net worth. With eminent athletes having stakes in the company, they are set to lose millions of dollars.
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The same applies to Golden State Warriors superstar Stephen Curry. Although he will lose a huge chunk of money due to this setback, he can recover the amount pretty easily, and his popularity plays a huge role in that.
Stephen Curry is set to lose millions but can recover them very soon
Four-time NBA champion Stephen Curry is widely considered one of the best players in the NBA currently and in the past decades. His numbers speak for themselves.
Curry has two regular season MVP awards and one Finals MVP award alongside numerous other individual accolades. Moreover, he is one of the most popular athletes around the world with millions of followers across all social media platforms.
On Instagram, Curry has a whopping 47.2 million followers, and he earns a fortune from sponsored posts. According to reports, he makes around $187,000 from a single Instagram post.
Although Curry has minimal equity in FTX, he is still set to lose millions. However, even if he ends up losing up to $10 million from this setback, he can recover the amount in just around 50 Instagram posts!
Curry is all set to become a Billionaire in the near future
Chef Curry has been one of the many faces of the league for quite some time now. Thanks to such popularity, he makes a lot from endorsement deals. Interestingly enough, one such deal with Under Armour can make him a Billionaire soon.
The four-time champion has been one of the biggest athletes signed with Under Armour. The Golden State Warriors star was signed in 2013 and he quickly became the face of the franchise. According to reports, Curry and the company are nearing a deal that will tie him down for a lifetime.
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Moreover, this deal will officially make him a Billionaire. Currently, he has a net worth of $160 million but this amount is quickly going to change.
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