Kristaps Porzingis Net Worth 2024

Hailing from the small town of Liepāja in Latvia, no one could have imagined that Kristaps Porzingis would one day become one of the best European players in the NBA. By the time Porzingis received an offer from the Liga ACB’s Real Betis, he stood 6 feet 8 inches tall and signed with the team in the summer of 2010.

Porzingis perfectly fit the requirements of what the team desired and despite initial struggles due to health issues, he quickly became an impact player for the team. In his final season with Real Betis, Porzingis averaged 10.7 points, 4.8 rebounds, 0.9 steals, and one block per game before moving to the United States. Luck favored Porzingis as he got picked fourth overall by the New York Knicks in the 2015 NBA Draft and signed a lucrative four-year $18.6 million rookie deal with the franchise.

Since then, he has played for the Dallas Mavericks, Washington Wizards and currently the Boston Celtics. In this article, we will look into Porzingis’s lifestyle and how he spends his millions.

What's Kristaps Porzingis’ Net Worth in 2024?

As per multiple online sources, Porzingis’ net worth is estimated at around $90 million as of 2024. His primary income sources include earnings from his NBA contracts and endorsement deals.

Kristaps Porzingis Salary

Porzingis is currently in the last year of his five-year $158 million deal. He is set to earn $36 million for the 2023/24 season. However, in July 2023, Porzingis signed a two-year $60 million extension with the Celtics, which will be effective from the 2024/25 season.

Kristaps Porzingis Endorsements and Investments

Porzingis signed his first major endorsement deal with the German athletic brand Adidas in October 2016 and reportedly earns between $3 million - $6 million annually. It was the largest shoe deal at the time for a European player.

Though we couldn’t find more endorsement partnerships involving Porzingis, the Latvian has some interesting investments to his name. He has invested in a UK-based company called Black Sheep Coffee, an Israeli-American sports company known as Zone 7, and popular startups such as Up West, Amicus Capital, and PLG ventures.

Kristaps Porzingis Other Sources of Income

Besides earnings from his NBA contracts and endorsement deals, no information is available about any other revenue streams for Porzingis as of 2024.

Kristaps Porzingis House

When Porzingis first arrived in New York, he initially lived with his family for a very brief period in the suburbs of White Plains. After a few months, he rented out a luxurious condo at the Sky Luxury Apartments for $8,000/month in Midtown West, New York City.

The Penthouse consisted of a spacious living room, a modern kitchen equipped with the latest appliances, and tall windows that allow rentees a breathtaking view of the beautiful New York skyline.

Being the residence at the Sky Building, Porzingis also had access to the building’s wide range of amenities such as a fitness gym, a lounge, a spa area, a rooftop terrace, a shopping center, three swimming pools, a cafe, an NBA-size basketball court, among others.

Kristaps Porzingis Cars

Porzingis has a soft spot for Mercedes automobiles. As per sources, he owns a Mercedes-AMG G 63, a white W126 Mercedes-Benz 560 SEC, a Mercedes-Benz S-Class Coupe, and an all-black Mercedes S-Class W140.

Kristaps Porzingis Charity Work

Most NBA players engage in charity work when they start making millions and Porzingis has lived up to the tradition since his early years in the league. He does most of his charity work through his established charity organization, the Porzingis Family Foundation.

Courtesy of his philanthropic efforts in 2016, Porzingis spent time with promising young kids and later announced that he would be donating $500 for every block made that season to RENS, a non-profit hoops program.

The initiative which later came to be known as KrisStops continued after Porzingis joined the Dallas Mavericks. In January 2021, he partnered with Whataburger, donating $500 for every block that season to the Mavs Organisation, who later distributed it to local organizations and NGOs to tackle child hunger in North Texas. As a gesture of goodwill, Whataburger even added $100 for every blocked shot, increasing the donation per block by the unicorn to $600.