Kelly Slater: With $20 Million Mansion on Sale, Investments That Still Make Him a Surfing Millionaire

Kelly Slater has been a force to be reckoned with in the surfing realm, and he is a legend of the sport in his own right. It’s a never-ending list of accolades, like a humongous 11 world titles, seven Quiksilver Pro titles, and so much more, that makes him the greatest surfer of all time. With each hard-earned title and championship, Slater’s fortune grew significantly, making him one of the wealthiest sports celebrities.

From being the owner of a private surfing ranch in Lemoore, California, to possessing multiple estates, his investments seem like a tycoon’s portfolio. One of Kelly Slater’s Oahu properties made headlines recently when it was put out on the market for sale for a staggering $20 million. However, this is not the only possession that makes him a millionaire, as it’s just the tip of the iceberg in terms of his assets.

Kelly Slater: From riding waves to riding high

As per the reports from Pitchbook, not many of his fans are aware that the Cocoa Beach-born athlete is an individual angel investor and has put his money in six valuable firms. One of his latest investments is in a startup named Phi, and the deal was finalized this year in January. Goodwell, Vessel Health, Hyperice, and Lit Motors (one of his primary investments ever) are some of the other major companies that Kelly Slater has shown his belief in. Slater is also the founder of Kelly Slater Wave Company and is a board member of Rythmia Life Advancement Center as well.

Diagnostic equipment, personal products, therapeutic devices, and automotive industries remain the foremost sectors where the 52-year-old has invested his personal money. Other than that, owning scenic beachfront properties at a variety of locations is another virtuous custom for Kelly Slater. Back in 2015, Slater broke into the headlines after entering the real estate market and buying a Palm Beach apartment for a substantial $2.15 million. Well, this was merely the beginning, paving the way for numerous subsequent investments.

A winning streak of financial acumen that stood the test of time

Last year, in November, Kelly Slater associated with Modon Properties in Abu Dhabi and launched Wave Company so the people of the United States could experience the thrill of wave riding more closely. It will be called Surf Abu Dhabi and is the largest wave pool in the world. It comes with several advanced features that can leave surfing fans awestruck with its facilities.

Apart from this, he also owns a similar amusement park in California, which has spread over 20 acres and offers man-made barrel riding experiences to visitors. Surfers at this facility don’t need to wait for the perfect wave. Its advanced mechanics continuously generate waves, setting it apart globally. With all that being said, Kelly Slater has left an indelible mark on the world, be it through his surfing prowess or his off-court shenanigans.

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