Thaddeus Young Net Worth
Thaddeus Young, a professional basketball player for the Toronto Raptors of the National Basketball Association (NBA), boasts an impressive net worth and continues to impress fans on and off the court with his skills on display.
He is also a successful businessperson and investor, owning his own private investment firm called Reform Ventures which invests in various sectors including financial technology, healthcare, software development, digital media production and more.
Early Life and Education
Young has made contributions both on and off of the court during his basketball career, supporting Mitchell & Walker Holmes High School in Memphis as well as working closely with Susan G. Komen after Lulu Hall died from breast cancer in November 2014. Additionally, Young sponsors Team Thad youth basketball organization which has helped several kids secure scholarships to college.
He has invested in companies like Space X and DraftKings. Additionally, he owns part of the Brisbane Bullets basketball team in Australia as an investor. Furthermore, in 2012 he married his high school sweetheart Shekinah Beckett and they currently reside in Philadelphia together with their son TJ – earning a substantial annual salary as professional players that has translated to an estimated net worth of $37 Million.
Achievement and Honors
Young is committed to giving back despite his considerable financial success and has established Young for Youth as a way of helping families in need. Additionally, he lends his services and time to charity events like the NBA All-Star Game each year.
Locker room wisdom has made him a noteworthy player in the league, while his off-court business acumen has only highlighted him more. Recently on The Petcash Pod he shared his investment strategy; noting he has invested over 300 companies through Reform Ventures.
Thaddeus Young is currently married to Shekinah Beckett and has one child together. Although he prefers keeping his personal life private, he is widely known for being a family man and their strong bond is evident as Shekinah regularly attends his games in order to support her husband.
Professional Career
Thaddeus Young has earned himself acclaim in the National Basketball Association, an elite professional basketball league in the United States. Currently he plays as power forward for Toronto Raptors earning an estimated base salary of $8 Million per season and with an estimated net worth estimated to exceed $37 Million.
Beginning his NBA career with the Philadelphia 76ers in 2007, he went on to represent Minnesota Timberwolves, Brooklyn Nets, Indiana Pacers and Chicago Bulls before being selected to participate in the 2022 NBA All-Star Game.
He is married to Shekinah Beckett and they share one son together. Additionally, he owns Drive LA basketball academy which has seen tremendous success and expansion over time.
Personal Life
Thaddeus Young is a key member of his community. He volunteers for Youth for Youth Foundation, a non-profit that aids Memphis children. Additionally, he created Reform Ventures as a venture capital firm focused on financial tech, healthcare software and digital media venture capital investments – holding nearly 100 current investments himself.
He is married to Shekinah Beckett and has one child; both reside in Memphis, Tennessee. In his free time from basketball he enjoys watching sports and music – especially the Atlanta Hawks and New Orleans Pelicans! Throughout his career he has received many awards and recognition; thanks to his appealing play he became well-known. Both high school and college achievements boast numerous honors for him as an athlete.
Net Worth
Thaddeus Young has amassed an incredible fortune. Since joining the Philadelphia 76ers as an NBA player in 2007 and earning approximately $143.7 Million through playing time alone, Young has also leveraged these earnings into lucrative investments and ventures.
Reform Ventures, his private investment firm, has invested in DraftKings, Tonal, Airbnb and more companies such as DraftKings and Tonal. He also acts as mentor and coach for AAU basketball teams.
Young is married to Shekinah Beckett and they share one child. Shekinah has always shown great support for Young’s career as he competed in international matches; She loves visiting him during matches! They have been in a relationship for an extended period and enjoy living together happily in Memphis where they own an idyllic home together.
