Earn Your Leisure

In this episode of EYL Medium, hosts Rashad Bilal and Troy Millings sit down with guest Rich Kleiman, entrepreneur and business partner of NBA superstar Kevin Durant. The conversation revolves around the concept of a family office and how athletes like Durant are changing the narrative of athletes going broke.For those unfamiliar with the term, a family office is an organization set up to manage the finances of high-net-worth individuals or families. In Durant's case, his family office is responsible for managing the multitude of income streams he generates from various sources such as endorsements, investments in public and private equity, and philanthropic endeavors.Kleiman explains that the family office's primary focus is to build generational wealth for Durant and establish a philanthropic legacy in his hometown of PG County. With Durant's active lifestyle as a professional athlete, constantly moving and traveling during the off-season, the family office also takes care of the logistical aspe