Usain Bolt Promise Jamaicans for Developments as he has Become real estate investor!
The sports celebrity confirmed his association with a Half-Way Tree project on Instagram, saying it was one of several to come, but gave no more details.
Dressed in construction gear, Usain Bolt posted a picture of himself standing in front of the construction site.
It’s rumored that the development, which is being managed by Gary Matalon’s and Richard Levee’s company, Neustone Limited, will be leased to business process outsourcing clients on completion, but that, too, is to be confirmed.
While Usain Bolt appears to be confirming that he is an investor in the property, it’s still unclear whether he is a majority or minority owner and what stake, if any, his development partners hold.
Usain Bolt and Gary Matalon are long-time business partners through KLE Group Limited, the listed company that oversees a casual-dining outfit to which Bolt has licensed his name Usain Bolt’s Tracks & Records, or UBTR, which currently has outlets in Jamaica and recently London.
The retired track star’s executive manager, Nugent Walker, declined to comment on the real estate project.
“Thanks for the interest in Usain,” he said on Thursday.
“Sorry. At this time, Usain is not officially commenting on this project. However, when he is, I will be sure to share with you all the information.”
Usain Bolt’s net worth is unknown, but the world’s fastest man is reported to be among the highest earning athletes of all time.