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Kevin Durant Net worth

NameKevin Durant Jr.
Net WorthApproximately $ 170 million
Age32 years (born 29 September 1988)
ResidenceNew York
Marital StatusSingle
Source of WealthProfessional Basketball, Endorsements, Investments
SalaryApproximately $28.9 million per year.
EndorsementsNike, Google, Alaska Air group, Beats by Dre, American Family Insurance, BBVA, Sparkling Ice, Panini, NBA 2K, Gatorade, Sonic Drive-in, Skullcandy, Sprint
Endorsement EarningsApproximately $35 million
PhilanthropyKevin Durant Charity Foundation

Kevin Durant


How much is Kevin Durant’ Net Worth in 2021?


As on the highest-paid NBA players, Kevin Durant's net worth stands at $170 million in 2021. 


Kevin Durant’ Salary


Kevin Durant's salary over the past 4 years amounted to $ 164,255,700. Over the last 5 years, his salary has almost doubled from $20,158,622 in 2015-16, $26,540,100 in 2016-17, a small dip in 2017-18 to $25,000,000, $30,000,000 in 2018-19 to $37,199.000 in 2019-20. For the current season, his salary stands at $39,058,950


Kevin Durant’ Endorsements


Almost half of Kevin Durant's net worth is earned through his various endorsements. 

Nike


Kevin Durant joined forces with Nike in 2014. The deal with Nike, for 10 years, is estimated to be worth $300 million and also includes a $50 million retirement package. 


Google


Kevin Durant featured in a commercial for Google along with other celebrities like Sia, John Legend, and Chrissy Teigen in 2014.


Alaska Air Group 


In 2017, he teamed up with Alaska Air Group to support youth and education programs in San Francisco Bay Area


American Family Insurance


In 2015, Kevin Durant was roped in as a brand ambassador for American Family Insurance. 


BBVA


In 2013, Kevin Durant was roped in as a brand ambassador of the Banco Bilbao Vizcaya Argentaria bank, which has been the official bank of the NBA since 2010.


Sparkling Ice


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Kevin Durant's association with Sparkling Ice began in 2014. In 2016, the brand announced the unveiling of a basketball court in Seattle, which was part of Kevin Durant's Charity Foundation. The initiative was to increase the number of basketball courts accessible to underprivileged youth. 


His many other endorsements include brands such as Panini, NBA 2K which is a basketball simulation game, Gatorade, Sonic Drive-In, Skullcandy, and Sprint. 


Kevin Durant’ Investments 


Thirty-Five LLC operates as a venture capital firm. It invests in early-stage and start-up companies. Kevin Durant set up this investment vehicle with his agent/manager, Rick Kleiman. The firm funds almost forty-odd ventures, which has been estimated to be around $15 million. 


Kevin Durant investments



Image source: Forbes


A few of the ventures that have been invested in include


  1. Yoshi: on-demand car care start-up
  2. Rubrik: cloud data management start-up
  3. Postmates: food delivery service
  4. Whoop: wearable fitness tracker
  5. Robinhood: stock trading platform


Kleiman and Durant are also involved in sports-related companies as well. He recently joined Philadelphia's Union ownership group as an investor and community partner, with a five percent stake and an option to add five more. Durant has also invested in high school highlights app Overtime. He has also taken on the role of producer in 'Basketball County: In the Water', a documentary on basketball in Prince Georges County, Maryland, where he grew up. Kevin Durant's latest venture is a personal podcast called "The ETC's". He also invested in many restaurants, including Pieology, a pizza company. 


Kevin Durant’ House and Car 


Kevin Durant has spent around $30 million and bought houses in various parts of the United States. He is also known to sell his houses and invest in other properties. Quite recently, he had sold his Malibu house. His Oakland house has recently been listed for $6 million. 


kevin durant house

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Image source: New York Times (New York Residence)


His favorite city, according to various interviews and reports, is New York City. He has found it quite refreshing to just blend into space where people respect his personal space. The place also has deep roots in basketball culture, having produced stars like Kareem Abdul-Jabbar, and Kyrie Irving. The home of the Knicks, Madison Square Gardens, is known to be the 'Mecca' of basketball and has long been associated with the sport. 


Kevin Durant is also known for his collection of luxury cars. He has often been seen driving a Ferrari California, costing around $2,00,000. He also owns various other cars such as a Lamborghini, Range Rovers, Ferraris, Porsches, various models of the Mercedes Benz, and a classic 1966 Ford GT 40. He also owns a Chevrolet Camaro SS, which is his most customized vehicle and is similar in style to that of his sneakers line with matte red paint and pinstripes.

 

Image source: Celebrity Carz (Chevrolet Camaro)


Kevin Durant’s Charity Work


Kevin Durant charity work


During the course of his career, Kevin Durant has donated to several charities. One of his donations. for around $10 million, was to aid children in his native to help them attend college. He also has his foundation known as the Kevin Durant Charity Foundation, which works to enrich the lives of at-risk youth who belong to low-income backgrounds and to see them through educational, athletic, and social programs. The foundation has also allocated grants to supports programs for homeless people, girl empowerment, disaster relief, and social justice. Durant has also reportedly donated $1 million to Red Cross for tornado relief and to the University of Texa $3 million to aid their basketball program. 

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