Kevin Durant Bets $250,000 on Hugging Face; Investment Could Hit $60 Million in 8 Years, Delivering Over 240x Returns
47 minutes ago
Insight Beating AI News Flash: NBA star Kevin Durant may have earned nearly $60 million from his investment in Hugging Face. Sports business journalist Joe Pompliano reported that Durant and his business partner Rich Kleiman invested in Hugging Face early on. They contributed $100,000 in the AI startup’s 2018 seed round and another $150,000 in its 2019 Series A round, totaling just $250,000. Based on Nvidia’s $12.9 billion acquisition of Hugging Face, these two early investments are now estimated to be worth over $60 million. The $250,000 outlay translates to a gross return of more than 240 times. This figure is even higher than Durant’s salary for a single NBA season; he currently plays for the Houston Rockets, with a 2026-27 season salary of roughly $43.9 million. Durant later also participated in Hugging Face’s Series B and C financing rounds, though the amount of additional capital he invested has not been made public. As such, the $60 million and 240x return only reflect estimates of the value of his first two $250,000 investments, not Durant’s total final gains from Hugging Face.
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