Kevin Durant’s net worth: How the NBA’s most lethal scorer makes and spends his money

It’s good to be Kevin Durant. Mike Stobe/Getty Images Kevin Durant is one of the NBA’s best players and one of the highest-paid, making over $300 million in his career. Durant has also shown his business savvy through his investments with 35 Ventures, which boasts a large portfolio.

Though Durant lives comfortably, having owned houses in glamorous locations, he also donates and works with several charities. Kevin Durant is widely considered one of the best players in the NBA today and one of the greatest of all time. Kevin Durant.

John Minchillo/AP ImagesThe 12-time All-Star and one-time MVP has made over $306 million over his 15-year career. He’s the third-highest-paid NBA player of all-time. Kevin Durant will be the star of the NBA play-in tournament this year.

Adam Hunger/AP ImagesSource: SpotracHis earnings are only going to grow — he’s set to begin a four-year, $196 million contract this season. Kevin Durant. Corey Sipkin/AP ImagesDurant made an estimated $85 million last year, with $46 million of that coming off the floor.

Kevin Durant. Mark Brown/Getty ImagesSource: SporticoDurant has made a name for himself as a savvy businessman. Kevin Durant.

Theo Wargo/Getty ImagesDurant and his agent/business partner Rich Kleiman’s 35 Ventures has an expansive investment portfolio that includes more than 75 companies, according to the company’s website. Kevin Durant and Rich Kleiman. John Lamparski/Getty ImagesSource: 35 VenturesDurant reportedly invested $15 million into startups himself.

Kevin Durant. Sarah Stier/Getty ImagesSource: ForbesSome of those investments have hit big: For instance, his investment into Coinbase, which IPO’d in 2021, was reportedly worth 53 times what he originally invested at the company’s peak. Kevin Durant.

Mike Stobe/Getty ImagesSource: Basketball News35 Ventures has also gotten into media through the network Boardroom and has produced TV shows like “Swagger,” and recently, a documentary titled, “NYC Point Gods. “Kevin Durant on “The ETCs” podcast. via “The ETCs”/Boardroom/YouTube35 Ventures has grown significantly over time.

The company has more than 30 full-time employees and has a sleek office in Chelsea, Manhattan. Meredith Cash/Insider/Jerritt Clark/Getty Images for TAO GroupRead more: Take a tour of Kevin Durant and Rich Kleiman’s swanky New York City office space for Thirty Five Ventures Durant also earns lots of money through endorsements. Kevin Durant in a Gatorade commercial.

via Gatorade/YouTubeHis Nike deal is said to be worth about $300 million. Kevin Durant in a Nike ad. Justin Sullivan/Getty ImagesSource: USA TodayAll of this has allowed Durant to live luxuriously.

Upon leaving the Oklahoma City Thunder, he sold his OKC condo for $1. 1 million. via RedfinDurant actually sold the condo — which was two units combined — at a loss.

While he played with the Warriors, he had a seven-bedroom, eight-bathroom house in the Oakland Hills area that was later listed for $5. 9 million. Kevin Durant’s former Oakland home.

via Bridge MLS/RedfinDurant also previously had a four-bedroom, six-bathroom house in Malibu, which he sold for $12 million in 2019. A post shared by James Harris (@jamesbondst)  It’s unclear where exactly Durant lives in New York, but Forbes described his home as being a “sleek and infinitely long” apartment overlooking the High Line on the west side of Manhattan. The High Line in New York City.

Spencer Platt/Getty ImagesSource: ForbesDurant’s been known to splurge on big occasions — when he was a free agent in 2016, he spent $100,000 to rent a Hamptons home for 10 days to take meetings. Kevin Durant met with the Warriors in the Hamptons in 2016. Beck Diefenbach/AP ImagesSource: New York TimesHe rented a $90,000-per-month house in LA to conduct his rehab from a torn Achilles in 2019.

He also made big investments into his rehab. A post shared by @easymoneysniper Source: Wall Street JournalWhile Durant normally stays out of the spotlight, he has been seen vacationing in St. Tropez and Turks and Caicos with Drake this off-season alone.

—Bleacher Report (@BleacherReport) September 3, 2022Sources: New York Post, Bleacher ReportDurant hasn’t been photographed in many cars, but he did reportedly have a custom red Camaro, which he designed one of his Nike sneakers after. —Nike Basketball (@nikebasketball) July 7, 2015The New York Times also reported that he drove a Tesla while he played with the Warriors, but it’s unclear what model. Durant also invests his money into charitable causes.

In 2013 he donated $1 million to tornado relief in Oklahoma. Kevin Durant walks past tornado-damaged homes in 2013. Sue Ogrocki/AP ImagesDurant also established a “multi-million” dollar program in Prince George County that helps prepare kids for college.

Kevin Durant. Corey Sipkin/AP ImagesSource: Wall Street JournalHis Kevin Durant Charity Foundation fights homelessness and hunger and refurbishes basketball courts in low-income neighborhoods. Kevin Durant with his Kevin Durant Charity Foundation.

Cindy Ord/Getty Images for Kevin Durant Charity FoundationAt the rate he’s going, it won’t be long before Durant becomes the next billionaire athlete. Nathaniel S. Butler/NBAE via Getty ImagesRead the original article on Insider.