Mick Fanning's Business Empire Beyond the Waves.
Mick Fanning, renowned for his mastery of the surf, has leveraged his athletic prowess into a diverse portfolio of business ventures. His entrepreneurial spirit has led to a wealth accumulation that far surpasses his earnings from surfing competitions. Fanning's business acumen has been highlighted in his strategic investments and partnerships, which have contributed to his reputation as a business savant.
Key Business Ventures: Fanning's business interests are not only diverse but also reflect his personal values, such as environmental sustainability and health. His involvement ranges from co-owning the Balter Brewing Company (sold for $128 million in 2019) and surfboard company Mick Fanning Softboards. He also invested in eco-friendly projects like Sea Forest , which aims to reduce methane emissions through seaweed supplements for cattle. Scratch, Australian dog food using a mix of wild caught kangaroo and grain-free starches; MIKUNA, a protein powder grown in the Andes; and FS8, a network of fitness studios complete his portfolio.
Real Estate and Undisclosed Projects: In addition to his public ventures, Fanning has an extensive real estate portfolio and continues to invest in several undisclosed projects. These investments demonstrate his strategic approach to wealth management and growth.
Fanning's success in business can be attributed to his dedication and the lessons learned from his sports career. He emphasizes the importance of hard work, humility, and the ability to continuously improve. His advice to budding entrepreneurs is to seek guidance from trusted and admired individuals.