Former top-ranked tennis star Maria Sharapova aims to make financial literacy more accessible.Tennis champion and entrepreneur announced that she had acquired a stake on Monday. Public.com, A company that can buy and sell stocks and cryptocurrencies online. Sharapova did not reveal the size of her stock.
“I was a very young girl, so when I was a teenager, I won Wimbledon and earned my first big salary. To be honest, the field of financial investment is very scary,” Sharapova told CNBC. Told. “We are grateful that the public is more user-friendly and offers an easy way to educate ourselves to reduce the intimidation of our investment.”
Sharapova knows one or two things about making money. According to her, she held the title of highest-paying female athlete for 11 consecutive years. Forbes..
In addition to her financial interests in the public, she states that she will host events, share advice and advise NCAA student athletes on the platform.
Public was founded by September 2019 Janic Maring, He is currently the Co-CEO. Today, there are more than 1 million users on the platform where users can build portfolios and invest in stocks and cryptocurrencies, 90% of which are first-time investors. According to the company, the user base will increase 13-fold in 2020.
Procured by the public $ 310 million in funding, Accel, Greycroft, LakeStar. Other well-known investors include actor Will Smith, NFL player JJ Watt, media mogul Shari Redstone, businessman Dick Parsons, and skateboarding legend Tony Hawk.
“One of the most important reasons for investing in the public is the incredible statistics that 40% of the public app audience is female, which is almost unprecedented in this area,” Sharapova said. Mr. says. In addition to attracting women, 45% of public users are black or colored.
For Sharapova, her unique development as a professional tennis player has given her a front-line seat in the business world. A young tennis player came from Russia to the United States. 7 years old with only $ 700 in his pocket.. Her career began quickly and she became the world’s top tennis player on five separate occasions.Meanwhile, she won a high-profile underwriting deal with a company from Nike NS Pepsi NS Porsche..
In 2012, Sharapova started her own company. Sugar Pois, A successful candy and sweets brand. The company is reportedly currently $ 20 million annually..Sharapova is also investing in health and wellness areas such as: Tone, Cerabody And SuperGoop.. Despite her success, she is always trying to learn more.
“From the meeting, I’m sitting in the meeting room, looking at my contract, and trying to get as much education as possible so that there aren’t too many outsiders,” she said.
Sharapova Retired from professional tennis circuit In 2020, she was stuck for 15 months following a persistent injury and a failed doping test.
Sharapova has played for nearly 20 years and named her on a tennis court that has won five Grand Slam titles, but she is optimistic about the future.
“The first chapter was great and I had a lot of experience when I was young, but there’s something in this next chapter that’s as exciting as I am,” she said.
Former Tennis Ace says she concentrates much of her day on her many business ventures, but she says she was closely watching the situation of Peng Shuai in China. November 2, Chinese tennis player Shuai Suspected sexual assault by senior Chinese government officials..World Tennis Association Chief Steve Simon made a decision on December 1st Pause all tour events In China, he says that Shuai’s claims have not been listened to and taken seriously.This decision will cost the WTA Hundreds of millions of dollars With lost income.Chinese government responded to WTA decision By blaming it “Do an exaggerated show”.
“I was really very impressed with how the WTA got up and took a stance. Steve Simon doing the right thing was great,” she added.
Sharapova says she wishes her ex-colleague and rival her family safe.
“I think of people before thinking of business, and the human element, which is why I fully support the tour,” she said.
Maria Sharapova acquires shares in investment platform Public.com
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