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NFL legend Shannon Sharpe has shared his biggest investment regret, saying he would have been a billionaire by now had he made the decision 24 years ago.
NFL legend Shannon Sharpe has opened up on how he missed an opportunity that would have made him a billionaire by now had he went with his gut feeling.
Sharpe, a three-time Super Bowl winner, says he had just signed for the Baltimore Ravens in the year 2000 when he thought of investing in Google stocks but his financial advisor talked him out of it after the shares, which were initially projected to retail at $85, ended up being listed for $115.
He would listen to his advisor and shelve his planned $300,000 investment but 24 years later, Google is now valued at $2.06 trillion which would have meant a big return for him had he put in his money then.
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20:00 - 30.09.2024
Shannon Sharpe shares his hilarious account with departed NBA legend Dikembe Mutombo
Former NFL star Shannon Sharpe has shared a heartwarming story of his hilarious encounters with NBA legend Dikembe Mutombo who died on Monday.
"Remember when Google came out and they thought the shares were going to open up about $85 a share? I remember saying to my financial guys, and I'm like, 'You know what? I had just signed with the Ravens, so I had some money, and I was like, Man, I like to buy, you know, $300,000 worth [of Google's shares].' Well, it opens up at $115 and he says it's overpriced,” Sharpe said on Club Shay Shay podcast with guest Mark Cuban.
The former tight end, who also played for the Denver Broncos, also disclosed how he had a chance to invest in Netflix stock, whose value is now $2.87 trillion, but did not, saying had he put his money in both, he would be a billionaire by now.
"I would've been a billionaire with you... I did [f*ck up]. I f**cked up bad. Because Netflix and Google and I had the money to do it, but I let somebody talk me out of it."
Sharpe, an NFL Hall of Famer, has carved a career in media since his retirement, making appearances on FOX and ESPN and also has his own podcast as well as other shows.
The 56-year-old is estimated to have a net worth of $14 million, mostly amassed from football salary, brand endorsements and media duties.
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