David Robinson’s current net worth: Exploring former NBA Hall of Famer’s career earnings, brand endorsements, and more | NBA News


David Robinson's current net worth: Exploring former NBA Hall of Famer's career earnings, brand endorsements, and more
Former NBA star David Robinson (Image via: Getty Images)

When the conversation turns to NBA legends who mastered dominance both on the court as a player and off of it financially, David Robinson stands in the league of his own. A former basketball player, Robinson is one of the most efficient power centers the NBA has seen. However, he is known not just for his exceptional play and what he earned on the court but also for how he turned his greatness into long-term wealth. Robinson entered the league in 1989 after being drafted by the San Antonio Spurs in the 1989 NBA Draft. Before he began his professional basketball journey, Robinson served in the US Navy and was nicknamed the “Admiral”. A ten-time NBA All-Star, an NBA MVP (1995), and a two-time NBA champion (1999 and 2003), Robinson was inducted into the basketball Hall of Fame twice in 2009 for his individual performance and a year later in 2010. He was also a part of the 1992 Olympic Dream Team that won a gold medal, followed by yet another victory in 1996. However, beyond awards and accolades, his career earnings, endorsements, and post-retirement investments helped him build a fortune, and today his net worth isn’t just a reflection of his on-court success, but also his smart investments and long-term financial planning. As we move ahead, let us take a closer look at where David Robinson’s net worth stands today, and his career earnings and financial investments that have shaped his wealth.

David Robinson’s current net worth, NBA salary, and contract details

David Robinson’s Texas Estate – The Admiral’s Faith, Family, and Farm Roots

David Robinson’s current net worth stands at $200 million, as per Celebrity Net Worth. David Robinson earned $116 million (approx.) throughout his professional career in terms of salary. His peak salary was $14.8 million, which he earned in the 1998-1999 season.After retiring from basketball, David Robinson turned his focus to finance, founding two private equity funds. His first, Admiral Capital, launched in 2007 and raised approximately $115 million, eventually investing in $350 million worth of real estate. In 2015, he established a second fund in order to gather $175 million for additional property investments. Beyond business, Robinson is involved in philanthropy, giving back a portion of his earnings, approximately 10% of it to charity, and supporting programs that help children in underserved urban communities.

What are David Robinson’s business ventures and philanthropic efforts?

David Robinson established the Carver Academy in San Antonio, a private, non-profit school aimed at creating opportunities for children from underprivileged areas. The academy turned into a public school in 2012. In 2008, Robinson teamed up with Daniel Bassichis to launch Admiral Capital Group, a private firm designed to provide financial backing for the Carver Academy. Beyond this, Robinson is also the co-owner of a Texas-based Jaguar Land Rover dealership.



Source link

  • Related Posts

    NHL Trade Rumor: Colorado Avalanche planning to add Predators veteran Ryan O’Reilly ahead of the trade deadline | NHL News

    Rumors are doing the rounds that the Colorado Avalanche are eyeing to add Ryan O’Reilly (Image Via Twitter) The Colorado Avalanche have established their footing in the NHL as one…

    ‘It’s a baby boy and a baby girl’: Ram Charan and Upasana Konidela welcome twins; Chiranjeevi shares the happy news | Telugu Movie News

    Ram Charan and his wife Upasana Konidela are now parents of three. The couple welcomed twins—a baby boy and a baby girl—on Saturday, a development that was officially confirmed by…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    en_USEnglish