Rob Gronkowski forgot he invested $69,000 in Apple stock – ten years later it has changed the NFL legend’s net worth
ROB Gronkowski disclosed a significant career investment that is now extremely valuable.
The renowned tight end talked about his successful foray into Applestocks.
Gronkowski told Fortune that he invested in Apple for the first time ten years ago.
As the tale goes, Gronk was advised to invest in the software company by a contractor who was working on his house.
“It s the best investment I ve ever had in my life,” he stated.
Gronk revealed that before he made an investment, the contractor had to explain the business to him several times.
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“The man who really constructed my Foxborough home advised me to purchase Apple stock. “I’m telling you,” he said, “that’s the key.
“I had never invested in equities and had no idea how they operated.
“So I thought, Okay, let me handle this, man. I thought, “I’m going to go big.”
Gronk told Fortune that his first stock buy was a $69,000 investment in Apple.
For years after that, the renowned NFL tight end forgot about the stock.
Gronk remarked, “I forgot about it,”
“It s like two and a half years later, and the stock is worth like $250,000, so I sell off a portion of the $69,000 I bought in.”
Gronk’s remaining Apple stock is currently valued at over $600,000.
“All because of the investment I made in 2014, having no idea what I was doing but just listening to the man that built my house here in New England, so I appreciate that,” he stated.
Apple’s stock has increased by 23% in the past year alone.
Gronk’s paycheck is probably just going to get bigger as long as his stocks keep rising, but it’s nothing in comparison to what he makes in the NFL.
NFL important dates
August 1: Houston Texans vs. Chicago Bears Hall of Fame Game
August 8: The start of the preseason
The deadline for 53-man rosters is August 27.
September 1st is the last preseason day.
September 5: Baltimore Ravens vs. Kansas City Chiefs, season opener
The trade deadline is November 5.
January 5: Regular-season Week 18
January 11: The start of the playoffs
Super Bowl LIX in New Orleans, Louisiana, on February 9.
The former player for the New England Patriots was among the highest paid people in his era.
In his eleven-year career, Gronk earned $70 million.
As a live TV personality for Fox NFL Sunday, he is only earning more money.
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Although his pay with Fox isn’t made public, his former QB, Tom Brady, earns an impressive $375 million.
In addition, Gronk and Julian Edelman, a former teammate, have a podcast.
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