Giannis Antetokounmpo Put His Money in 50 Banks Until Bucks Owner Helped Him Invest

Giannis Antetokounmpo Put His Money in 50 Banks Until Bucks Owner Helped Him Invest

(Bloomberg) — Milwaukee Bucks superstar Giannis Antetokounmpo had more banks than letters in his name before Avenue Capital Group founder Marc Lasry stepped in.

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The National Basketball Association’s two-time most-valuable player had accounts open at 50 different banks, with each of them holding up to the Federal Deposit Insurance Corp. coverage limit. That shocked Lasry, who co-owns the Milwaukee team.

“I spend a lot of time with them explaining where they should…


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