Stephen Curry got a $75 million payment in Under Armour stock as part of his contract and put it straight into his revocable trust instead of cashing out. He controls it himself as trustee and beneficiary, keeping full lifetime access to the assets.
Stephen Curry just signed a new long-term contract with Under Armour. Part of the payment for this contract was $75 million in Under Armour common stock. Guess what Stephen Curry just bought with that $75 million? Nothing. He had his payment in stock issued directly to his revocable trust, and Stephen is the trustee and beneficiary of that trust. So he has total control over the stock during his lifetime. Stephen Curry, a smart man. You'll be smart too if you go to my profile link and sign up for my Max Your Money community.
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