Giannis Antetokounmpo has established himself as a powerhouse in the NBA, and now he’s trying to achieve similar success in the business world.
The two-time MVP is using the millions of dollars he was paid by the Milwaukee Bucks to diversify his already impressive investment portfolio, the US Sun reported.
Antetokounmpo, 28, already has international fame and recognition after signing a three-year, $177.1 million extension with the Bucks last month.
The 6-foot-11-inch forward is the face of Google’s challenge to Apple in the smartphone industry, promoting the tech giant’s new Pixel phone.
The Greek star has appeared in commercials for other major brands such as T-Mobile, JBL, and Breitling, and has also partnered with Nike on his shoe line, Zoom Freak.
Yannis, together with his brothers Thanasis, Kostas and Alex, embarked on several business ventures through the newly formed Ante company.
The Antetokounmpo brothers have invested in sports franchises including MLB’s Milwaukee Brewers and MLS club Nashville SC.
They also acquired a stake in Canadian-based confectionery brand Candy Funhouse and just opened an AntetokounBros clothing store in Milwaukee’s Trade Hotel.
Giannis’ business empire extends across the Atlantic, as Ante recently purchased a stake in Hellenic Wineries, the holding company that owns Greece’s leading wine producer Boutari Wineries.
And the seven-time NBA All-Star’s portfolio doesn’t end there.
Mr. Antetokounmpo is eyeing investments across Europe, from real estate to agriculture and even a move into the wine industry, The Sun understands.
“Scouting of several homes and properties revealed that Antetokounmpo’s family was looking for a quiet place to spend their holidays and free time in privacy without being surrounded by too many people,” the source said. Ta.
Sources said the properties that caught Giannis’ attention included luxury villas in Portugal’s Algarve region and the capital, Lisbon.
Other facilities were located in the Andalusia region of Spain, the city of Marbella, the Balearic Islands, and in Italy around Tuscany and on the shores of Lake Como outside Milan.
Prices for the identified mansions ranged from $2.2 million to $7.7 million, according to property listings viewed by the US Sun.
Antetokounmpo is also considering real estate in his native Greece and already owns a home on the island of Mykonos, another person said.
In addition to further investments in Mykonos, Athens or other parts of the country, the Bucks star has been advised to consider buying either the Cyclades or the Aegean islands, the official added. .
“Buying an island for someone like him could be very interesting because he likes privacy and doesn’t like to be surrounded by too many people on vacation,” the source said.
“Owning an island allows you to isolate yourself from the rest of the world, which is perfect for people who don’t want to be in too many crowds.”
Another person familiar with the matter said Antetokounmpo’s inner circle has also expressed interest in organic farming and the food industry in general.
In response, the NBA forward’s advisor was given the opportunity to invest in wineries in Italy’s Tuscany and Emilia-Romagna regions.
We also received a list of fields and properties in southern Europe where we grow and sell products such as olive oil, cheese, fruits and vegetables.
“As an athlete and someone who is very sensitive to healthy foods and products, we tried to focus on what is known to him: Greek products such as cheese and olive groves.” It will always be a profitable business,” the person said. .
“But most importantly, companies that value protecting the land and the environment by not using pesticides and being organic.”
The Bucks selected Antetokounmpo with the 15th overall pick in 2013.
Before taking up basketball, he helped his mother sell knock-off bags and sunglasses on the streets of Athens, and along with his siblings, reached the NBA despite their humble upbringing.
Giannis began playing professional hoops with Filastritikos in the Greek third division and eventually attracted significant interest from the majority of NBA teams.
He won the 2021 NBA title with the Bucks alongside Thanasis.
A year ago, Kostas became the first of the Antetokounmpo brothers to win a championship ring when he won with the Los Angeles Lakers in the Orlando bubble.