How Martin Braithwaite is Barcelona’s RICHEST player despite being 14th-best paid at club with Lionel Messi a free agent. The 30-year-old has a property empire in the US, believed to be worth £181MILLION. Mahala Norris Net Worth, Age, Height, Relationship Status
According to Marca, Braithwaite’s company is worth $250m – around £181m. The Barcelona star is believed to have invested around £617,000 into the business with his uncle, Philip Michael, in 2017.
NYCE Companies is now reportedly 25 times bigger than it was four years ago, with Braithwaite and Michael owning 1,500 apartments. And the pair are said to have another 500 properties in development around Philadelphia and New Jersey.
Speaking to Danish website BT earlier this month, Michael said: “It started with our family having been in the real estate business for a long time.
“Here you will find that one of the ways you can build a fortune and secure your future financially is by investing in real estate. And that’s what I’ve been doing with my dad and Martin since I came over here.
“Martin’s role is very much about how we do in terms of strategy and vision in the long run.
“He is involved, but not so involved that it distracts him from football.”
Braithwaite is married to French journalist Anne-Laure Braithwaite after spending four years at Ligue 1 side Toulouse. Steven Johnson Net Worth 2022: Biography, Income, Career
The couple have two kids and the Barcelona star is stepfather to another two from his wife’s previous relationship.
Braithwaite’s reported wealth makes him the richest player in Barca’s squad – despite earning the joint 14th-highest wage, said to be £85,000-a-week.
Messi does have more cash than the Denmark international – believed to be worth $400m (around £289m) – but is now a free agent after his contract expired.
The 34-year-old is yet to agree a new deal with the Spanish giants, who reportedly need to cut their costs to operate under a salary cap.
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New Barcelona signing Memphis Depay is understood to have accepted a 30 per cent pay cut to appease the club’s worrying financial state.
Although Braithwaite’s bank balance is healthy, his club form is worrying.
The former Middlesbrough striker has scored just THREE goals in 40 LaLiga games since his controversial move in February 2020. Tyrrell Hatton Net Worth, Biography, Career and Controversy
Barcelona were allowed to buy Braithwaite outside of the transfer window as an ’emergency signing’ – but his former side Leganes were not allowed to replace him and were subsequently relegated by just a point.
Martin Braithwaite is now Barcelona’s richest player due to highly successful business
Martin Braithwaite has had an incredible few years on the football pitch.
The Danish striker was playing for Middlesbrough in the Championship back in 2017.
Fast forward four years and Braithwaite is now playing for one of the world’s biggest clubs in Barcelona. He has also recently helped Denmark to the semi-finals of Euro 2020. While Braithwaite has enjoyed great success on the pitch, he’s arguably enjoyed even more success off it.
That’s because Marca report, per Forbes, that Braithwaite is now one of the world’s richest footballers. Braithwaite isn’t one of Barcelona’s highest paid players. According to the Sun, he earns ‘just’ £85,000-per-week, making him the club’s joint 14th highest earning player.
But, after Lionel Messi’s contract with the club expired, he is now Barcelona’s richest player due to his success in the US real estate market. Back in 2017, Braithwaite invested $850,000 dollars into a business called NYCE Companies with his uncle, Philip Michael.
Their business had grown to $10m by the end of the year and now it is worth a staggering $250m. According to Danish outlet B.T, Braithwaite and Michael own 1,500 apartments and have 500 more under development. Tyron Woodley Net Worth, Early Life and Wiki
“It started with our family having been in the real estate business for a long time. Here you will find that one of the ways you can build a fortune and secure your future financially is by investing in real estate. And that’s what I’ve been doing with my dad and Martin since I came over here,” says Michael.
“Martin’s role is very much about how we do in terms of strategy and vision in the long run. He is involved, but not so involved that it distracts him from football.”
That’s not all, though, as Braithwaite also owns a clothing brand called ‘Trente’ with his wife, which is said to have had enormous success in France. He also owns a restaurant, ‘Gave’, which is located in Barcelona. What a brilliant few years it has been both on and off the pitch for Braithwaite.