Kylian Mbappé has added a team to his growing investment portfolio.
Forbes named the French and Real Madrid soccer player among the richest athletes in 2024, with an estimated total earnings of $110 million. It appears he is putting his earnings to good use by investing in the luxury watch-shopping platform Wristcheck, which Jay-Z also backs. According to Robb Report, Mbappé’s interest in the company stemmed from their innovation in technology and creativity.
“I’m thrilled to join Wristcheck as an investor through Coalition Capital,” Mbappé said in a press statement, according to the outlet. “As a Hublot ambassador and someone passionate about watches and innovation, I see Wristcheck as a platform that truly understands the next generation of collectors. They’re reshaping the watch industry with a forward-thinking approach that blends technology, transparency, and creativity.”
More recently, Mbappé became a team owner. He secured a stake in the France SailGP Team, which is owned by Sir Russell Coutts and Larry Ellison, The New York Times reports.
“We couldn’t be more excited to welcome Kylian Mbappé into our growing SailGP family of partners and investors – he’s undeniably one of the most influential athletes of our time and an inspiration to sports fans across the globe,” Coutts (CEO) commented, per The New York Times.
Mbappé has also tied his foundation ‘Inspired by KM’ (IBKM) into the venture as it will also become the team’s charity partner.
“I’m also proud that IBKM has the opportunity to engage more young people around the world through this relationship,” Mbappé explained, according to the team’s website. “Through Inspired By KM, I want to reach out to young people around the world and give them the strength to believe in their dreams. With our “We Care for All program,” we provide concrete support and hope to those who need it most. Together, we are building a future where every young person can write their own story and achieve excellence.”
