How Luol Deng Built a $125 Million Real Estate Portfolio (Video) – BlackSportsOnline
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How Luol Deng Built a $125 Million Real Estate Portfolio (Video)

Luol Deng is widely known for his time on the Chicago Bulls, giving some good minutes while shooting the ball pretty well also.

He’s also known though for receiving a ridiculous 4 year $72M deal from the Los Angeles Lakers.

But Deng, now a member of the Minnesota Timberwolves, isn’t just receiving large deals from NBA teams.

He’s also dominating on the real estate market.

Making money plenty of NBA players would love to make after their playing careers are over.

In fact, he’s been doing this way before it turned into a “modern way to increase your wealth significantly”.

He’s been investing in real estate almost since the time he entered the league in 2004 and has amassed an impressive portfolio—hotels, resorts, condos and apartment buildings—worth $125 million.

I mean good grief. That’s best case scenario for earnings off the court. We could only dream of making this type of money.

But good on him, taking a direction many NBA players are taking now. Not just real estate though, but film opportunities, and even investment in other properties and corporations.

Deng also makes sure his fellow NBA players don’t miss out on his blessings either.

Making sure they don’t end up broke as their playing days dwindle.

Deng hoped to change that trajectory with his real estate symposium for players. The inaugural two-day event in 2015 attracted a dozen players and focused on investing in commercial real estate.

Expanded investment summits took place the next two years.

Good on you Luol Deng.

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