January 20, 2013

FROM FAME TO FORTUNE

Competing in a pressurized environment that’s reminiscent of his playing days and the lure of big paychecks, NBA star David Robinnson now sees finance as a natural second career. Having acquired two NBA championships, one MVP award, 10 All-Star appearances, and named to the National Basketball Association's 50 greatest players of all time, the 7'1" tall David Robinson now heads Admiral Capital. In 2008, Robinson teamed with former Goldman Sachs executive, Daniel Bassichis, to launch the private equity firm which looks to earn profits while generating a positive social impact along the way. Currently, the Admiral Capital Group oversees $50 million in real estate assets. It appears David Robinson has overcome the sobering exit statistics of professional athletes and done well. I just wish more could follow in his large footsteps.