"The Surprising David West Net Worth Revealed: How the Former NBA Star Built a Fortune" (2024)

The Surprising David West Net Worth Revealed: How the Former NBA Star Built a Fortune

Introduction

David West, a retired NBA player, is worth an astonishing $35 million. He has made a name for himself not only as an excellent basketball player but also as a savvy entrepreneur and philanthropist. Let’s explore how David West built his net worth and the factors that contributed to his success.

Early Life and Career

David West was born in 1980 in Teaneck, New Jersey. He grew up in a basketball-loving family and developed his skills playing with his siblings. He attended Xavier University and was drafted by the New Orleans Hornets in 2003. He played for several NBA teams and won two championships with the Golden State Warriors.

The NBA Contracts That Contributed to His Wealth

During his career, David West signed lucrative contracts, adding to his net worth. He signed his first major contract in 2006 with the Hornets, worth $45 million over five years. He later signed a two-year, $20 million contract with the Indiana Pacers, and his last contract was with the Warriors, worth $1.4 million for the 2018-19 season.

Entrepreneurial Ventures

David West has invested in various businesses and projects throughout his career. In 2017, he opened D. West Kitchen and co*cktails, a restaurant in Raleigh, North Carolina. He also invested in a cannabis company, The Marathon Corporation, which focuses on producing sustainable medicinal cannabis.

Philanthropic Work

David West is passionate about giving back to his community and has engaged in several philanthropic activities. He established the David West Education Fund, which provides scholarships to students to attend college or trade school. He also donated $1.5 million to his alma mater, Xavier University, to support their basketball program.

Real Estate Investments

David West has invested in several real estate ventures, including buying and selling properties. He purchased a multi-million dollar mansion in Oakland while playing for the Warriors, which he sold in 2018 for a $2 million profit.

Investments in Art

David West has a passion for art and has invested heavily in it over the years. He owns several pieces of artwork, including works by renowned artists such as Kehinde Wiley and Hank Willis Thomas.

Smart Financial Planning

David West’s impressive net worth is also a result of smart financial planning. He has hired a financial advisor to manage his wealth and investments while he focuses on his basketball career and other ventures.

Conclusion

David West’s net worth is backed by his impressive accomplishments both on and off the court. His success can be attributed to his basketball contracts, savvy business ventures, and smart financial planning. He continues to invest in various ventures, including real estate, hospitality, and art, and dedicates himself to philanthropic activities.

FAQs1. What is David West’s net worth?
David West’s net worth is $35 million.

2. What was David West’s first major contract?
David West signed a $45 million, five-year contract with the New Orleans Hornets in 2006.

3. What philanthropic activities is David West involved in?
David West established the David West Education Fund and donated $1.5 million to Xavier University.

4. Which NBA team did David West win two championships with?
David West won two championships with the Golden State Warriors.

5. What is David West’s investment in The Marathon Corporation?
David West invested in The Marathon Corporation, a cannabis company that specializes in producing sustainable medicinal cannabis.