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Rob Gronkowski did pretty well for himself on the financial front during his time in the NFL and subsequently had plenty of money to play around with. Some of those funds were used to invest in Apple on the advice of a contractor, and it turned out to be a pretty good call.
In 2022, Rob Gronkowski retired from the NFL for a second time to bring his career to an end after 11 seasons where he cemented himself as one of the greatest tight ends of all time. He made $70 million in contract earnings alone over that span but claims he didn’t touch a single penny of that sum while opting to subsist on the many endorsement deals he was able to secure over the years.
It’s safe to assume Gronk decided to invest a significant chunk of the nest egg he decided to sit on, and while I can’t say I’m intimately familiar with the performance of that portfolio, he did pretty well for himself after pulling a Forrest Gump by throwing some cash behind Apple at the right time.
During a recent interview with Fortune, Gronkowski said he found himself chatting with the contractor he hired to build a house for him in Foxborough in 2014 and was eventually swayed to scoop up some Apple stock after the guy repeatedly advised him he wouldn’t regret investing in the tech company when its shares were hovering around the $25 mark.
Anyone familiar with Gronk should not be surprised he decided to purchase $69,000 worth of stock, which he says turned out to be “the best investment I’ve ever had in my life.”
He admitted he forgot about it for more than two years before circling back and discovering his shares had risen to a cool $250,000. He sold some of them to presumably recoup his initial stake (and likely a bit more) but said he’s still sitting on $600,000 worth of Apple stock that’s trading at around $234 a share as of this writing.
Must be nice.