These days, Golden State Warriors forward Draymond Green is laughing all the way to the bank. But he’s not done yet.
In fact, he’s just getting started.
When Smile Direct Club went public last week — in which he is an investor — Green was set to make 40-times his initial investment. In his media tour in support of the news, his second major payday of the offseason, Green explained why he’s taking control of his financial life while he’s still in his 20s, how he learns about investing and his ultimate wealth goal.
Money Green on money
On the short-lived careers of professional athletes:
It’s extremely important to have things going on outside of basketball and diversify your portfolio. This ball stops bouncing for all of us one day and if you have no diversity, what’s next? Good luck figuring that out.
On how he defines the American dream:
The number one goal in making money is to have your money make money for you. I’ve worked so hard to be in this position and to get to this point. It’s great when you can kind of sit back and have your money make money for you — that’s the American dream.
On where he learns about money and investing:
According to Forbes’ Michael LoRé, Green consults with the millionaire and billionaire “venture capitalists and angel investors” around him, including:
- Stephen Ross, owner of the NFL’s Miami Dolphins, founder of RISE Initiative and owner of the SoulCycle fitness chain;
- Peter Gruber, minority owner of the Golden State Warriors; and
- Chamath Palihapitiya, Social Capital CEO who owns a minority stake in the Golden State Warriors.
On his ultimate money goal
I’m 29 and my goal is to be a billionaire.
Green signed a four-year, $100 million extension with the Warriors in the offseason. He’s apparently well on his way.
