Star footballers are usually inclined to buy football clubs or invest their shares in them. France’s World Cup-winning forward Kylian Mbappe has already signed up for that team. This time he has also joined a different sport. The Real Madrid star has invested in the France SailGP team, the team of the ‘Marseille Formula 1’ tournament, known as the ‘Formula One of the Seas’. Where 12 national teams from around the world participate.
The world’s richest athlete has previously invested in German technology company Loewe and luxury watch retailer Wristwatch. Mbappe also owns the Caen club in France’s second tier. The French captain didn’t stop there, but he also entered the ocean racing competition as a new platform.
Mbappe’s business activities outside of football are being looked after by his KM Foundation and investment company Coalition Capital. Coalition Capital announced Mbappe’s new investment yesterday (Friday). Russell Coates, CEO of racing tournament SailGP, said, “There is nothing more exciting than welcoming Kylian Mbappe as a partner and investor in our SailGP family. He is undoubtedly one of the most influential athletes of our time and a source of inspiration for sports enthusiasts around the world.”
Mbappe is not the first star in the sports arena, before that, boxers and American NFL stars also bought teams in this ocean racing competition. Although he is 26 years old, Mbappe is competing with many popular and experienced stars in wealth. According to American business outlet ‘Forbes’, this French captain is the sixth highest-earning athlete in the world in 2024. His annual income is $ 110 million. However, including various other related factors, his market value stands at $ 180 million.
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Mbappe is also excited to be involved in a new sporting event, “Inspired by KM, I want to reach out to young people around the world and help them believe in their own abilities to achieve their dreams. Through our ‘We Care All Program’, we are there for those who need help. We want to build a future where young people write their own stories and achieve great things.”
