NFL star Rob Gronkowski wanted to ‘go big' with his first investment at age 25: Now his Apple stock is worth more than $600,000

  • 📰 NBCNewYork
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 63%

News News

United States United States Latest News,United States United States Headlines

Super Bowl champion Rob Gronkowski says he received a valuable piece of investing advice in his 20s from “the man who built my house.”

NFL star Rob Gronkowski wanted to ‘go big' with his first investment at age 25: Now his Apple stock is worth more than $600,000Rob Gronkowski has four Super Bowl rings to his name, but one of his biggest wins came off the field.this week, Gronkowski revealed that he benefitted from a piece of investing advice that helped him make hundreds of thousands of dollars.

The five-time Pro Bowler said that he promptly forgot about his purchase until two and a half years later, when he realized that his investment had grown to be worth around $250,000. At that point, Gronkowski cashed out his initial $69,000 investment and left the rest to grow."To this date, I have over $600,000 of Apple stock, all because of the investment I made in 2014, having no idea what I was doing but just listening to the man who built my house here in New England," he said.

In-N-Out turned a simple $4 burger into a cult favorite and now brings in $2 billion a year—here's how— the company's stock is up more than 1,000% since 2014 — Gronkowski didn't need the financial assist. The Super Bowl champion famously refused to spend his NFL paychecks, choosing instead to live off of his endorsement money.

"The whole point of saving throughout my NFL career was to be set for after football because you don't know how long football will last,"

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 270. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Rob Gronkowski says he's invested in Apple, labels the stock his 'best investment'Former Patriots and Buccaneers superstar tight end Rob Gronkowski revealed that his shares in tech giant Apple have proven to be his 'best investment' to date.
Source: FoxBusiness - 🏆 458. / 53 Read more »