Caleb Williams could reportedly be worth “over $1 billion” by the time he’s 30.

Caleb Williams, the Chicago Bears' rookie quarterback, is on a trajectory to potentially amass a billion-dollar fortune by the age of 30, according to several financial experts.

This remarkable projection stems from his recent launch of the investment firm 888 Midas, which focuses on private equity, venture capital, and real estate opportunities, coupled with his lucrative brand partnerships.

The power of diversification and it's compounding ripple effect

So the question is... how does Caleb Williams plan to balance his football career with his business ventures?

According to the this article, Caleb has devised a strategic approach to balance his football career with his burgeoning business ventures. His primary strategy involves establishing a dedicated investment firm, 888 Midas, to manage and oversee his various entrepreneurial pursuits, thereby minimizing potential distractions during his NFL career.

Williams has already secured endorsement deals with prominent companies like Wendy's, Beats by Dre, Dr. Pepper, United Airlines, and Neutrogena, further bolstering his financial prospects.

If he achieves this milestone, he would join the elite ranks of billionaire athletes such as LeBron James, Magic Johnson, Tiger Woods, and Michael Jordan, but at an unprecedented pace, reaching that status before turning 30 years old.

Unconventional Approach

The former USC star has taken an unconventional approach to his business ventures, opting not to hire a certified agent and instead relying on a team of lawyers and advisors led by his father, Carl Williams. During the draft process, Williams even explored the possibility of acquiring an ownership stake in the team that selected him, although the NFL prohibits such arrangements.

Lucrative Rookie Contract

While Williams has yet to sign his rookie contract with the Bears, it is expected to be a four-year deal worth approximately $38.4 million, including a $24.8 million signing bonus. This substantial contract, combined with his investment firm and endorsement deals, positions Williams for an unprecedented level of financial success at such an early stage of his career.