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Inside Steph Curry’s $160 Million Fortune; NBA, Endorsements and Investments Overshadow Cryptocurrency Loss

NBA player Stephen Curry is quite the phenomenon. Known for being the best shooter in the history of the game, Curry consistently receives accolades for scoring long-range 3-point shots.

Hollywood, California – July 20: Stephen Curry attends the 2022 ESPYs at Dolby Theatre on July 20, 2022, in Hollywood, California. (Photo by Leon Bennett/Getty Images)

And off the court is no different as Curry juggles family, business ventures, real estate holdings and endorsement deals.

Curry has a current net worth of $160 million. He earns $50 million annually as a salary from the NBA, making him the highest-paid player in the league for the 2022-2023 season. In addition, he reportedly earns an additional $30 million annually from his endorsements.

Basketball In The Blood

Curry is the son of basketball player Dell Curry. Dell played for teams such as the Cleveland Cavaliers, Charlotte Hornets and Toronto Raptors. Steph’s brother, Seth, is currently a member of the Brooklyn Nets.

Curry played basketball in high school and college. In 2009, Curry was drafted in the first round as the seventh overall pick by the Golden State Warriors. Since then, the team would win the NBA Championship in 2015, 2017, 2018, and 2022. For his commitment to his team, Curry was named MVP in 2015 and 2016.

In 2017, Curry signed the first $200 million contract in NBA history. He was able to ink a similar deal in 2021 by signing a four-year contract worth $215 million.

Endorsement Deals

In Curry’s first few seasons of playing basketball, he received no endorsement deals. However, that’s not the case today. Curry has endorsements with brands such as Under Armour, Rakuten, Nike and for the TCL Palm phone.

Business Ventures

In addition to lucrative endorsement deals, Curry also launched several business ventures. In 2017, Curry established SC30, a company that manages investments such as Snap Travel and various partnerships. The company also handles Curry’s philanthropic efforts, including NinetyToZero, a nonprofit focused on closing the racial wealth gap.

Curry also owns a production company, Unanimous Media. The company signed a development deal with Comcast NBCUniversal in September 2021. The company also partnered with Audible related to podcasting.

A Brand and Financial Setback

Although many of Curry’s deals have helped increase his wealth, one did not. Curry became the brand ambassador for the failed cryptocurrency exchange FTX and was paid in equity. In 2022, the cryptocurrency company filed for bankruptcy. Curry lost several million dollars in the company’s setback.

The deal also has brought legal woes.  He is among several other celebrities who endorsed FTX, and he is being sued for his role in promoting the brand. The Golden State Warriors star is also facing another lawsuit for promoting the NFT series Bored Ape Yacht Club.

The latter lawsuit was filed on April 23, 2021, against Yuga Labs, the parent of the Bored Ape Yacht Club series, along with company executives, board members and a group of promoters. It claims unfair competition, unjust enrichment, violations of consumer law, aiding and abetting, civil conspiracy and multiple breaches of federal securities law. The suit is ongoing.

Family Man

Curry currently lives in Atherton, California, with his wife, Ayesha, and their three children. Ayesha is an entrepreneur who owns the Oakland-based cafe Sweet July and the BBQ restaurant International Smoke with chef Michael Mina. The restaurant has locations in San Francisco, Del Mar and Las Vegas. In addition, Ayesha has hosted a show on the Food Network, titled “Ayesha’s Homemade,” and published the cookbook, “The Seasoned Life.” Her net worth is estimated to be $10 million.

Real Estate Holdings

In 2020, Curry purchased an 18,000-square-foot mansion in Atherton, California, for $30 million. The purchase came just a year after Curry and Ayesha purchased another home in Atherton. The couple sold that home in September 2021 for $31.15 million.

The following year, in 2022, Curry paid $2.1 million for a vacation home in Winter Park, Florida.

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