Dwyane Wade is still moving fast, but not on the basketball court this time.
The retired three-time NBA champion for the Miami Heat has investments in media companies and consumer goods. Wade, 40, bought a stake in two sports teams, the NBA’s Utah Jazz, in April 2021 and has co-owned MLS club Real Salt Lake, owned by Blackstone manager David Blitzer, since January 2022.
He hosts a TV show on TBS, The Cube, and is a co-founder of Budweiser Zero, the iconic brand’s entry into non-alcoholic beer. And that doesn’t even affect the deals he made during his playing days in South Florida.
More from Invest in You:
How to save $1 million for retirement when you make $90,000 a year
Meet a human trafficking survivor who started her own business with $400
How to get a free pair of Nike sneakers and other life hacks
Wade retired from basketball in 2019 and reportedly earned nearly $200 million during his 16-year NBA career Spotraca website that monitors sports contacts.
With this financial success, Wade has learned how to make strategic financial decisions. Watch the video to learn about Wade’s three keys to managing his money.
SIGN UP: Money 101 is an eight-week financial freedom learning course delivered to your inbox weekly. For the Spanish version of Dinero 101 click here.
Disclosure: NBCUniversal and Comcast Ventures are investors acorns.