Kevin Durant
Power Forward for the Phoenix Suns
Current Networth - $300 Million
Personal Stats
| Name | Kevin Durant |
|---|---|
| Role | Basketball Player |
| Industry | Sports |
| Net Worth | $300 Million |
| Date of Birth and Age | September 29, 1988 (age 36) |
| Accolades | 2x NBA Champion, 2x NBA Finals MVP, 1x NBA MVP |
Related People
Table of Contents
- About Kevin Durant
- Businesses Owned
- Early Life
- Family
- What is Kevin Durant’s Net Worth?
- What is Kevin Durant’s Claim to Fame?
About Kevin Durant
Kevin Durant is best known as a professional basketball player in the NBA, widely regarded as one of the best scorers in the history of the game. Durant has won multiple NBA championships and MVP awards during his career, playing for teams like the Golden State Warriors and Oklahoma City Thunder. Off the court, he is an entrepreneur and philanthropist, having founded Thirty Five Ventures, an investment company, and the Durant Family Charitable Foundation, which focuses on educational and athletic programs for youth. Durant's influence extends beyond basketball, impacting business and philanthropy.
Businesses Owned
Thirty Five Ventures
Durant Family Charitable Foundation
The Boardroom
Early Life
Durant's upbringing and early years before he became a prominent figure in basketball:
- Kevin Wayne Durant was born on September 29, 1988, in Washington, D.C., USA.
- Showed a passion for basketball from a young age and played in various youth leagues.
- Attended National Christian Academy and Oak Hill Academy, where he showcased his basketball talents.
- Transferred to Montrose Christian School in Maryland for his senior year.
- Played one season for the University of Texas Longhorns (2006-2007), where he was named the Big 12 Freshman of the Year and Naismith College Player of the Year.
- Drafted as the second overall pick in the 2007 NBA Draft by the Seattle SuperSonics (later Oklahoma City Thunder).
- Quickly established himself as one of the premier scorers in the NBA, winning multiple MVP awards and championships.
Family
Kevin Durant's family has played a significant role in his life, offering support and guidance throughout his journey to becoming a basketball superstar.
- His mother, Wanda Durant, is known for her strong influence on Durant's life and career. She has been actively involved in supporting her son's endeavors and has been seen at many of his games.
- Durant's grandmother, Barbara Davis, also helped raise him.
- His father, Wayne Pratt, Durant's biological father, has had a less visible presence in Durant's life due to his parents' separation when Durant was young.
- Durant has one older brother, Tony Durant who also played basketball in college.
- He also has two half-siblings, Brianna and Rayvonne Pratt, from another relationship his father had.
- Durant has been private about his romantic relationships, with little publicly available information.
Kevin Wayne Durant, widely known as Kevin Durant or "KD," is a professional basketball player who has achieved global recognition as one of the NBA's top talents. Durant has played for several teams, including the Golden State Warriors, Brooklyn Nets, and currently, the Phoenix Suns as a Power Forward while accumulating two NBA championships and two Finals MVP awards. He also happens to be a 4 time Olympic gold medalist with the most recent one in 2024 in Paris Olympics.
| Net Worth | $300 Million |
|---|---|
| Salary | $51 Million |
| Profession | Professional Basketball Player, Entrepreneur |
| Nationality | American |
| No. of Houses | 2+ |
| No. of Cars | 4+ |
What is Kevin Durant’s Net Worth?
As of September 2024, Kevin Durant's net worth is estimated at $300 Million, according to Forbes.
This figure includes his NBA salaries, lucrative endorsement deals, and earnings from investments in technology, media, and other sectors. Durant's 4-year, $194 Million contract with the Brooklyn Nets, which was traded to the Phoenix Suns, remains one of the highest in NBA history. Apart from this, Durant also made it to the highest paid NBA player list with the current salary for the 2024-25 season standing at a whopping $51 Million.
Beyond his on-court success, Durant has built a substantial portfolio through his media company, Boardroom, and venture capital firm, Thirty-Five Ventures. Apart from that, Durant earns approximately $36 Million annually from brand endorsements as per multiple sources like EssentiallySports and Celebrity Net Worth.
What is Kevin Durant’s Claim to Fame?
Kevin Durant first emerged as a dominant force in basketball during his college career at the University of Texas, where he was named the 2007 Naismith College Player of the Year. Durant was selected as the second overall pick by the Seattle SuperSonics in the 2007 NBA Draft and won the Rookie of the Year award. He later led the Oklahoma City Thunder to the NBA Finals in 2012 and won back-to-back championships with the Golden State Warriors in 2017 and 2018, securing two NBA Finals MVP awards.
During his initial career days, Durant swept several accolades such as NBA Rookie of the Year in 2008, NBA All-Rookie First Team in 2008, NBA Rookie Challenge MVP in 2009, etc. With such talent in the game, KD became a notable figure in the NBA.
What Businesses Does Kevin Durant Own?
- 35V (Thirty-Five Ventures): In 2016, Kevin Durant co-founded Thirty-Five Ventures with his business partner and longtime agent, Rich Kleiman. The company operates in several sectors, including venture capital, sports, media, and entertainment. During the initial days, the company invested and currently makes approximately $2.5 Million in revenue annually.
- Boardroom: Launched in 2019, Boardroom is a media network founded by Durant and Kleiman that focuses on the intersection of sports, business, culture, and entertainment. It produces original content, including podcasts and digital series, offering insights from industry leaders and athletes. In February 2024, Kleiman in an interview said the company is set to generate eight-figure revenue in 2024 while recording profitability for the fourth year straight.
- Minority Stake in Philadelphia Union: In 2020, Durant acquired a 5% minority stake in the Philadelphia Union, a Major League Soccer (MLS) club, with an option to purchase an additional 5% in the future. According to Jay Sugarman, the Chairperson and majority owner of the Philadelphia Union, the team was valued at over $325 Million in 2020 which has swelled up to $675 Million in 2024 as per Forbes and Sportico.
What Brands Does Kevin Durant Endorse?
- Nike: Back in 2007, Durant first signed with Nike as a rookie for $60 Million. In 2014, the Power Forward renewed it as a 10-year deal worth $300 Million, which includes performance bonuses and a retirement package. In 2023, KD signed a lifetime endorsement deal with Nike following the lead of Michael Jordan and LeBron James who also have lifetime deals with the apparel giant.
- Google: In 2021, Durant partnered with Google to promote its Pixel smartphone, integrating sports content and highlighting its camera features, enhancing the visibility of the tech giant’s flagship product.
- American Family Insurance: Durant has served as a spokesperson for American Family Insurance since 2015, appearing in various ad campaigns that focus on motivational messaging and achieving dreams. In 2018, the two-time NBA Champion launched an online series called Dream to Achieve through the 35V (ThirtyFive Ventures). The series features Rich Kleiman (co-founder of 35V) and Kevin Durant in conversation with guests who have made it big.
- 2K Sports: Kevin Durant is a longtime ambassador for 2K Sports and has been featured on multiple covers of the NBA 2K video game franchise including in 2K13. KD along with Blake Griffin and Derrick Rose. Both reached a long-term partnership in 2020 and have collaborated on game development.
How Does Kevin Durant Spend His Money?
Kevin Durant’s spending reflects his interests in real estate, luxury cars, philanthropy, and art. He owns several high-end properties across the States. Durant is also known for his extensive sneaker collection and luxury vehicles
How Many Houses Does Kevin Durant Own?
Kevin Durant owns several luxurious properties across the States. However, he has a history of selling properties relatively quickly, often at a discount compared to his initial investment. Three of his most notable real estate investments include:
- Malibu Beachfront Mansion: In 2018, Kevin Durant purchased a 5,100-square-foot beachfront home in Malibu for $12.05 Million. The contemporary-style house featured four bedrooms, six bathrooms, a media room, a gym, and a library. It was only after a year the four-time NBA scoring champion reportedly sold it for $12.15 Million
- Hidden Hills, Los Angeles: Kevin Durant purchased a 10,000-sq. ft. modern farmhouse in Hidden Hills, Los Angeles, in 2021 for $15.6 Million. The property features a pool, barbecue area, and a balcony on a 1.8-acre plot.
- Oklahoma Town Houses: Before leaving Oklahoma City in 2016, Kevin Durant purchased and renovated two neighboring three-story townhouses for $1.8 million. The combined 7,257-square-foot dwelling offered 6 bedrooms, 9 bathrooms, luxurious amenities like a billiard room and theater. After putting a reported $3 Million in the renovation, the basketball star sold it for just $1.1 Million.
How Big is Kevin Durant's Car Collection?
Kevin Durant owns a diverse collection of luxury vehicles, reflecting his taste for elegance and performance. His car collection as per some reports suggest is worth $4 Million however we bet it is more than that.
- 1966 Ford GT40: As the most expensive car in KD’s garage, the 1966 Ford GT40 is one exclusive car with an estimated value of $5.4 Million as of today according to Hagerty.
- Lamborghini Aventador Roadster: By the looks of it, Lamborghini seems to be on the speed dials of NBA players. We say this because Kevin Durant owns a Lamborghini Aventador Roadster and so does LeBron James. The car is a true masterpiece of style and luxury mingled with performance and costs anything north of $400,000.
- Cadillac Escalade: Durant also owns a Cadillac Escalade, which is quite popular among athletes for its spacious interior and luxurious features. This Caddy sees all the daylight with KD’s daily errands.
What Are the Charitable Contributions of Kevin Durant?
Kevin Durant is highly regarded for his philanthropy, contributing millions to support underprivileged communities and educational programs:
- The Kevin Durant Charity Foundation: Durant established his foundation in 2013 to support at-risk youth, enhance education, and fight homelessness. His 2016 “Build It and They Will Ball” initiative has funded basketball court renovations in low-income areas worldwide.
- Bowie State University: Kevin Durant through his foundation donated $500,000 to Bowie State University in 2022. The funds were used to renovate the basketball arena, support athletic programs, and establish scholarships.
- Prince George's County Schools: In 2018, the Power Forward donated $10 Million to his hometown's public schools in Prince George's County, Maryland, funding after-school programs and college scholarships to help underserved students.
What’s Next for Kevin Durant?
Kevin Durant remains a formidable force in the NBA, now with the Phoenix Suns, aiming for another championship. Off the court, Durant continues to expand his business ventures and philanthropic activities, reinforcing his status as one of the most influential athletes in the world today.
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