Giannis made it to the NBA despite his humble upbringing that saw him sell knock-off bags and sunglasses on the streets of Athens
GIANNIS Antetokounmpo has established himself as an NBA powerhouse — and is now trying to achieve similar success in the business world.
The two-time MVP is using the millions of dollars the Milwaukee Bucks pay him to diversify his already impressive investment portfolio, The U.S. Sun has learned.
Giannis Antetokounmpo has built an impressive business empire, which includes part-ownership of MLB team Milwaukee Brewers. Credit: Youtube/Milwaukee Bucks
The Milwaukee Bucks star and his brothers also own stakes in the MLS club Nashville SC. Credit: Getty
Giannis has featured in commercials for some of the biggest brands in the US, including T-Mobile and Google. Credit: X/Giannis_An34
Antetokounmpo, 28 — who signed a three-year, $177.1 million max extension with the Bucks last month — has already cashed in on his international fame and recognizability.
The 6-foot-11 forward is the face of Google’s bid to challenge Apple in the smartphone industry, promoting the tech giant’s new Pixel phones.
The Greek star has featured in commercials for other major brands such as T-Mobile, JBL, and Breitling while also partnering with Nike on his own shoe line, the Zoom Freak.
Giannis has set out on several business ventures with his brothers, Thanasis, Kostas, and Alex, managed through the newly-found Ante, Inc. company.
The Antetokounmpo bros have invested in sports franchises such as MLB’s Milwaukee Brewers and the MLS club Nashville SC.
They have also acquired shares in the Canadian-based confectionary brand Candy Funhouse and just opened the AntetokounBros clothing shop at Milwaukee’s Trade Hotel.
Giannis’ business empire stretches across the Atlantic as Ante, Inc. recently purchased a stake in Hellenic Wineries, a holding company that owns a major Greek wine manufacturer BOUTARI Wineries.
And the seven-time NBA All-Star is not done adding to his portfolio.
Antetokounmpo has been eyeing investments across Europe, ranging from real estate to farming and further venture into the wine industry, The U.S. Sun understands.
“Scouting of some houses and properties has been done, and we know that Antetokounmpo’s family is looking for somewhere quiet, where they can spend their holidays and free time not being surrounded by a lot of people and in privacy,” a source said.
Some of the properties that caught Giannis’ attention included luxurious villas in Portugal’s region of the Algarve and the capital city of Lisbon, the source said.
Others were located in Spain — in the Andalusia area, the city of Marbella, and the Baleares islands — and in Italy, around Tuscany and by Lake Como on the outskirts of Milan.
The prices of the identified mansions ranged from $2.2 million to $7.7 million, according to the listings viewed by The U.S. Sun.
Antetokounmpo has looked at real estate in his native Greece as well where he already owns a residence on the island of Mykonos, another source said.
Besides further investments in Mykonos, Athens, or other regions around the country, the Bucks star has been advised to consider purchasing one of the Cycladic or Aegean islands, the source added.
“Buying an island for someone like him could be very interesting as he loves privacy and not really being surrounded by a lot of people during his holidays,” per the source.
“When you own an island, you can be isolated from the rest of the world, which is great for people that don’t want to be too much in the middle of crowds.”
Antetokounmpo’s entourage has also shown interest in organic farming and the food industry in general, a third source said.
In response, the NBA forward’s advisors were presented with opportunities to invest in wineries located in the Italian regions of Tuscany and Emilia-Romagna, per the source.
They also received listings of fields and properties in southern Europe, which grow and sell goods such as olive oil, cheese, fruits, and vegetables.
“As an athlete and someone who is very aware of healthy food and produces, we tried to focus on things that are known for him — Greek products like cheese or olive fields — as those are always going to be profitable businesses,” the source said.
“But most importantly, businesses that give importance to the protection of the land and the environment by not using pesticides and being organic.”
The Bucks selected Antetokounmpo with the 15th overall pick in 2013.
He made it to the NBA despite his humble upbringing, which saw him and his brothers help their mom sell knock-off bags and sunglasses on the streets of Athens before they took up basketball.
Giannis started playing pro hoops at Filathlitikos in the Greek third tier, eventually attracting significant interest from the majority of NBA teams.
He won the 2021 NBA title with the Bucks alongside Thanasis.
A year earlier, Kostas triumphed with the Los Angeles Lakers in the Orlando bubble, becoming the first of the Antetokounmpo bros to get a championship ring.
Antetokounmpo’s business ventures saw him launch his own shoe line, the Zoom Freak, in partnership with Nike. Credit: Instagram/giannis_an34
Giannis won the 2021 NBA championship with the Bucks
News
NIKKI SAPP, THE EX-WIFE OF ERIK SPOELSTRA, RESPONDED TO FANS WITH A N*D* VIDEO AFTER THE HEAT COACH SIGNED A $120 MILLION CONTRACT: ‘IT’S A CRUDE, STUPID, IGNORANT CONCEPT
MIAMI Heat head coach Erik Spoelstra signed a $150 million extension deal, and his ex-wife responded to fans who have trolled her. Nikki Sapp trolled fans and…
OVERFLOWING WITH LOVE, GRIZZLIES STAR JA MORANT WARMS UP WITH HIS 4-YEAR-OLD DAUGHTER KAARI BEFORE THE MATCH – VIDEO VIRAL
Before Wednesday night’s game against the Toronto Raptors, Memphis Grizzlies star Ja Morant brought his 4-year-old daughter, Kaari, onto the court with him for warmups. Kaari is seen jumping up…
CHRIS PAUL INJURY UPDATE AS GOLDEN STATE WARRIORS RELEASE WORRYING UPDATE AND STAR POINT GUARD FACING MONTHS OUT
The Warriors will be without veteran Chris Paul indefinitely THE Golden State Warriors announced Chris Paul sustained a fractured left hand. Paul will have to undergo surgery…
THAT’S THE WILL OF A CHAMPION: JA MORANT’S ACTIONS DURING AN INTERVIEW WITH KELCEY WRIGHT JOHNSON LEFT THE AUDIENCE LAUGHING, AND THE VIDEO WENT VIRAL
NBA fans have been quick to praise Ja Morant – for not being distracted by a reporter’s daring outfit. Grizzlies beat reporter Kelcey Wright Johnson, 31, left jaws…
REVEALED: The NBA’s indefinite suspension decision for Draymond Green had the support of General Manager Mike Dunleavy Jr before it was announced
Draymond Green’s indefinite suspension for punching Phoenix’s Jusuf Nurkic was devised, in part, by Golden State Warriors general manager Mike Dunleavy Jr. Addressing reporters on Thursday, Dunleavy said Green…
NBA veteran exposes Los Angeles Lakers superstar? Kendall Gil reveals issues surrounding LeBron James…
Kendall Gill and LeBron James (Credits: Getty Images, USA Today Sports) LeBron James, the star forward for the Los Angeles Lakers, has made it big in the league. The…
End of content
No more pages to load