K
ansas City Chiefs wide receiver Marquise "Hollywood" Brown is taking steps to ensure his financial future and empower fellow athletes to do the same. A staggering 80% of professional athletes go broke after retirement, largely due to poor financial literacy. Brown's solution lies in real estate investing, which he believes can provide a more stable and lucrative alternative to traditional investments.
Brown has co-founded Platinum Pro Capital, a private equity firm that focuses on luxury real estate investments in the Caribbean and other resort areas. He aims to educate athletes about the benefits of investing in these properties, not just as a way to earn passive income but also as a means to create a sense of community among players who often travel during the off-season.
Brown's company is partnering with Island Sky Investments to offer a unique investment opportunity for professional athletes. Instead of buying high-end rental properties directly from his firm, investors can participate in a fund that provides returns on their money and allows them to stay in vacation properties for free during the off-season. This approach has already caught the attention of many players who are drawn to luxury destinations and see the potential for long-term savings.
As someone who has earned $25 million over five years, Brown is well-positioned to make a difference in the financial lives of his fellow athletes. By sharing his knowledge and experience with Platinum Pro Capital, he hopes to create a more sustainable future for those who come from humble backgrounds like him.
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