Published 10/02/2022, 8:00 AM EDT
Soccer legend Megan Rapinoe is celebrated for her prominent role in the USWNT’s splendid World Cup wins in 2015 and 2019). Widely recognized for her outspoken demeanor on gender equality and LGTBQ rights, she never hesitates to advocate for related issues despite backlashes and criticism. She is also a person of wise business acumen.
ADVERTISEMENT Article continues below this ad
Now 37, Rapinoe has set her eye on exploring opportunities to create a base and pursue post-retirement although she has clarified she’s going to stick on a bit longer. Well, the Olympic gold medalist already boasts of a vibrant investment portfolio. However, in an interview, she revealed she feels like a dork to speak about it.
ADVERTISEMENT Article continues below this ad
Megan Rapinoe follows their footsteps
With soccer as the foundation, Rapinoe is looking at how it can be used to propel into different spaces. “Whether that’s media or fashion or investing or whatever it may be,” she said. Moreover, Rapinoe recognized that other female athletes like Serena and Venus Williams, and Naomi Osaka to name a few have broken barriers making investments that indeed opened up new avenues for women in sports.
HOLLYWOOD, CALIFORNIA – JULY 20: Megan Rapinoe attends the 2022 ESPYs at Dolby Theatre on July 20, 2022 in Hollywood, California. (Photo by Leon Bennett/Getty Images)
Referring to the investment culture created by other legendary athletes, Rapinoe said, “I’m definitely following in their wake and hopefully there’ll be little ones behind me following in my wake.” Besides, she said they would certainly make more money than she would in her career. Rapinoe has a myriad of businesses going in a lot of different directions. “I feel like a dork saying this,” she added.
DIVE DEEPER
WATCH: Megan Rapinoe Being a Perfect Entertainer at 2021 Olympics Pre-Camp: “Is That Where Your Great Posture”
She said that being a female athlete and being in this arena now is new. Furthermore, talking about the capital, she said that female athletes can’t afford the huge investments that male athletes make. However, she suggested they could start taking baby steps by getting into different funds or different investments.
Rapinoe’s current investments
The soccer icon said that her choices of investments so far are in “new, burgeoning spaces, or disruptive spaces.” They include a mental health care startup Real, fashion and lifestyle brand Re Inc and Mendi, a company co-founded and run by her sister, Rachael Rapinoe, that makes CBD products for athletes.
ADVERTISEMENT Article continues below this ad
Going further, she said, “My financial advisor and firm have a huge commitment to impact investing.” Her latest investment is in STATSports. It is a GPS data company founded in Northern Ireland in 2007. It started with 3 clients. Currently, it works with 500 sports teams across 60 countries. Also, it has grown massively year after year in the past three years.
WATCH THIS STORY: US Icons Simone Biles vs Megan Rapinoe Net-Worth Comparison 2022
ADVERTISEMENT Article continues below this ad
Well, seems like Megan Rapinoe knows what she is doing as far as investments are concerned.