Kevin Durant will be an even wealthier man after managing to get his hands on his old Bitcoin wallet.
The Houston Rockets star, 37, is widely thought of as one of the best scorers in NBA history.
With two NBA championship wins and a MVP award, he's certainly amongst the highest-paid stars in the league.
For the 2025–26 season, Durant is said to be earning $54.7 million, placing him fourth in base salary compared with the other basketballers, according to ESPN.
Advert
And off the court, Durant and his longtime business partner Rich Kleiman have invested his money wisely.
In 2016, the pair founded Thirty Five Ventures as an umbrella for all of their work interests, including an investment firm, a media and creative development arm and the Kevin Durant Charity Foundation.
At the time of writing, Durant has a reported net worth of $300 million, according to Celebrity Net Worth.
However, that already ridiculous amount is set to go up significantly after Durant's representatives told Business Insider they now have 'access' to a Coinbase account they couldn't get into.
Before then, Kleiman told the outlet that they invested in the cryptocurrency in 2016, shortly after Durant signed with the Golden State Warriors.
To celebrate, venture capitalist Ben Horowitz hosted a birthday dinner for him and the whole team.
"At the end of that night, I was like, Kevin, I just heard the word 'bitcoin' 25 times this evening," Kleiman said at CNBC and Boardroom's Game Plan event. "And the next day we started investing."
He explained: "We've yet to be able to track down his Coinbase account info, so we've never sold anything, and his bitcoin is just through the roof."
While we don't know how much was invested, the value of Bitcoin has gone up 'roughly 180-fold', according to the outlet.
For example, if he put in $10,000 at the time, it worth more than $1.8 million today.
"It's just a process we haven't been able to figure out, but bitcoin keeps going up so it's like, what's the problem. I mean, it's only benefited us," Kleiman added.
"Our partnership spans nearly a decade and Coinbase has been a valuable resource in growing our business," he said.
A Coinbase spokesperson told the outlet: "If a customer has lost their password they can reset it using our self services tools within the app, and our support team is available 24/7 to guide users through this process."
LADbible Group has contacted Kevin Durant's representatives for further comment.
Topics: Basketball, Bitcoin, Money, Sport, Celebrity, US News
Anish Vij