How Stephen Curry Spends His Millions: A Peek into the NBA Star’s Lavish Lifestyle and Investments
Stephen Curry, one of the greatest basketball players in NBA history, has not only made a name for himself on the court, but also in the world of high-end living, luxury investments, and charitable contributions.
With a career that has seen him amass millions, Curry has become known for his lavish spending and shrewd investments.
From multi-million dollar mansions to charitable donations, he truly knows how to live life to the fullest.
But it’s not all about the flashy cars and high-end properties – Curry also spends millions making a difference, especially through his investments in charity and entertainment. In this article, we take a closer look at how the Golden State Warriors star spends his hard-earned millions.
1. A Dream Home in Atherton, California
One of Stephen Curry’s most notable purchases is his $31 million mansion in Atherton, California, one of the most expensive neighborhoods in the country.
This luxurious property comes complete with a custom poolside cabana, a guest house, and a state-of-the-art virtual golf course. But despite the house’s grandeur, Curry soon realized that it wasn’t as convenient as he hoped.
After the Warriors moved to a new arena 40 miles away, Curry found himself struggling with long commute times, and despite his love for his dream home, he was forced to buy another property.
This time, he went for a more elegant luxury penthouse suite worth $8 million, just a few miles from the new arena. Although Curry’s mansion investment didn’t quite work out, it’s clear that he is not afraid to make big purchases.
2. The $180,000 Porsche Panamera Turbo S
When it comes to luxury cars, Curry has a need for speed. In 2018, he splurged on a brand-new Porsche Panamera Turbo S, worth over $180,000.
This car packs a serious punch with a top speed of 196 miles per hour and the ability to go from zero to 60 mph in just 2.9 seconds. However, Curry’s flashy ride almost led to disaster. In 2018, he was involved in a three-car crash on his way to practice.
While he was unscathed, his Porsche was totaled, costing him a substantial loss. Despite this setback, it’s clear that Curry is not one to shy away from a high-end automobile.
3. Giving Back: Charitable Contributions and Community Work
What sets Stephen Curry apart from many celebrities is his commitment to giving back. In 2022, he partnered with Snoop Dogg to overhaul the Boys and Girls Club in Long Beach, California.
Together, they raised over $100,000 to provide a brand-new basketball court, custom comic book-themed walls, and fresh murals by the kids.
This was just one example of Curry’s philanthropic efforts. Over the next three years, he plans to rebuild 20 more gyms for children in California. But his charitable actions don’t stop there.
In 2021, Curry launched the “12 Days of Christmas” program, donating over $5 million to the people of Oakland, his hometown.
The program included food donations, books, school funding, and a host of other charitable efforts. Curry has been known for his generosity, always ensuring that his wealth is shared with those in need.
4. A History of Expensive Mouthguards
Even though Curry is known for his charitable contributions, he has occasionally found himself at the center of controversy, especially due to his temper on the court.
In 2016, during a game against the Los Angeles Clippers, Curry threw his mouthguard in frustration after being called for a foul. This outburst led to a fine of $25,000.
Over the next few years, Curry would continue this expensive habit of throwing his mouthguard during heated moments. In total, he paid $77,000 in fines for mouthguard-related incidents, proving that even a minor mistake can come with a hefty price tag for an NBA superstar.
5. Lost Money in NFTs and Crypto Investments
Despite his success, not every investment has been a win for Curry. In 2021, he ventured into the world of NFTs and cryptocurrency, purchasing a range of digital assets, including a $180,000 Board Ape NFT.
Over the next year, Curry’s NFT collection grew to include various digital art pieces worth more than $300,000. Unfortunately, the crash of the cryptocurrency market in 2022 significantly reduced the value of his digital assets, and he lost over half of his initial investment, amounting to a loss of $150,000.
While the market downturn was unfortunate, it’s clear that Curry’s venture into the NFT space was just another example of his willingness to take risks.
6. Investment in Esports
Stephen Curry is not just about basketball. He has a passion for esports and has invested millions into the gaming industry. In 2018, he teamed up with Andre Iguodala and other investors to pour $37 million into TSM, one of the top esports teams in the world.
With this funding, TSM was able to build the largest and most expensive gaming facility in North America, the TSM Performance Center. This state-of-the-art facility includes a content studio, streaming rooms, a fitness center, and a “drain pod.”
The facility cost over $13 million to build, marking yet another major investment for Curry in an industry he’s passionate about.
7. A Production Empire: Unanimous Media
In addition to his investments in sports and charity, Curry has ventured into the world of Hollywood. In 2018, he founded his own production company, Unanimous Media, with an initial investment of $14 million.
The company quickly made a name for itself, producing a successful debut film titled Breakthrough, which earned $36 million in profit and won the Inspirational Film of the Year award.
Since then, Unanimous Media has worked on documentaries, celebrity game shows, and even an animated series. In 2021, the company signed a multi-year deal worth up to $100 million with NBC, further solidifying Curry’s position as a serious media mogul.
8. Taxes: The Ultimate Expense
Despite all the luxury purchases and investments Curry has made, there’s one expense that takes the biggest bite out of his earnings: taxes.
As one of the highest-earning athletes in the world, Curry falls into the highest federal tax bracket, and with California’s high state taxes, he has paid an astronomical amount in taxes throughout his career.
Estimates suggest that Curry has paid up to $142 million in taxes over the years, a staggering sum that could have been used to buy thousands of luxury cars or even more real estate.Nevertheless, Curry’s commitment to paying his dues is a reminder of the high cost of fame and fortune.
Stephen Curry’s spending habits are as impressive as his on-court achievements. From lavish real estate to charitable donations, luxury cars to gaming investments, Curry has proven that he’s not afraid to spend big – but he also knows how to make an impact with his wealth.
Whether it’s through charitable contributions, investments in esports, or his Hollywood ventures, Curry’s money moves go beyond materialism and reflect his broader goals of giving back and making a difference.
While not every investment has panned out, his financial journey serves as a reminder that with great wealth comes great responsibility – and a little bit of risk-taking.