Footballer Babel Became a $ 30 Million Real Estate Developer Building Low-Cost Apartment Blocks

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Footballer Babel Became a $ 30 Million Real Estate Developer Building Low-Cost Apartment Blocks


There are many things that footballers can do with the money they earn. And many (the most famous of which is Leo Messi) decide to take off some whim (custom-built, villain, boat, etc.) and then to invest what they have in long-term projects. Because, as we know, footballers’ careers are short and life, on the other hand, is long.


Ryan Babel, Netherlands, UEFA Euro 2020 - Mike Hewitt/Getty Images


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Ryan Babel, Netherlands, UEFA Euro 2020 – Mike Hewitt/Getty Images


So Ryan Babel, Galatasaray player and forward of the Dutch national team, has decided to start a $ 30 million real estate fund to build 50 affordable apartment blocks. The houses, according to plans, should be built in the areas near Miami and Amsterdam. His history as an entrepreneur (he also deals with trading and owns a record label) CNN told it in a recent article which states that “Babel was initially a reluctant investor. He bought his first property at the age of 20 after moving from Ajax to Liverpool in July 2007. After a subsequent move to Germany, his agent and father encouraged him to invest in property, initially buying a house. to rent every quarter “. To these first Babel investments he then added the investments in the stock exchange and then the recording activities. “I asked myself – Babel told CNN – what could one day replace my current income on a monthly basis. And this seemed to me a suitable and productive way. Many of my colleagues have the idea that this lifestyle is forever and therefore they spend irresponsibly, they don’t save, they don’t invest, they don’t inform themselves. For them, in this way, life after hanging up their boots could prove to be very hard ”.

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