“He was super pumped about investment,” Dana White makes stunning revelation about $600 million Kobe Bryant passing away days before cashing out UFC stocks
UFC shelled out $300 million in dividends to its investors and beneficiaries for the first time since being acquired by Endeavor in 2016
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Dana White reveals sad details regarding Kobe Bryant's investment in UFC (Image via : CBS sports / SkySports)
NBA star Kobe Bryant died in a helicopter crash on January 26, 2020. The deaths of Kobe Bryant and his daughter Gianna came as a huge shock to the whole world. UFC President Dana White, along with everyone else, mourned the passing of Bryant, who was his good friend and a huge supporter of the sport. During his recent interview with Complex, White also revealed how Kobe Bryant’s ill-fated accident occurred days before he cashed out his investment in the UFC.
After UFC was acquired by Endeavor, a lot of Hollywood A-listers and sports personalities were given a chance to own certain percentages of the company. The Lakers legend was also part of the few that bought shares in the company after UFC’s $4 billion deal with Endeavor. Dana White regarded Kobe Bryant as a friend and also talked about his excitement for the deal in his recent interview with Complex.
“He actually invested in the UFC. When Endeavor bought, they let all their clients come in and take a piece, he took a piece,” said Dana White. The UFC head honcho also revealed that Kobe Bryant’s death came days before he was able to gain dividends and cash out on his investment in the UFC. “Right when all the celebs were about to cash out on their UFC thing, it was like days before he passed away. He was super pumped about the investment,” added The UFC president.
The UFC had issued over $300 million in dividends to its investors and beneficiaries. This was the first time it happened since its purchase by Endeavor. Several A-listers who invested in the company cashed out big and made millions through their dividends. However, Kobe Bryant, who was super hyped about the deal, failed to see the fruits of his investments.
Dana White does not chase around asking for freebies
UFC head honcho Dana White has played a huge part in the rapid growth of the UFC. The UFC President is considered a shrewd businessman and a big gambler. He has been with the company at every step. With the UFC’s success over time, White has racked up a net worth of $500 million. The UFC head honcho likes to spend his fortune on collectibles, luxury items, and everything he likes.
During his recent interview with Complex, Dana White revealed his $100,000-a-year sneaker collection. It consists of some of the rarest Nike collaborations with the usual high-end Jordans. White was also questioned about whether he buys his sneakers or if Michael Jordan hooks him up with free sneakers. White made it clear he likes to pay for his stuff and is not someone to chase after freebies.
“Nobody’s hooking me up, really. There are no hookups here cause I’m one of these guys. I don’t call around looking for free sh*t. I pay for everything unless it was a gift that somebody sent to me,“ stated Dana White. So, even though White loves to get his hands on the newest sneakers he makes sure that he pays for them.
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Viraj Kelshikar
(227 Articles Published)