The baseball player recognized as a billionaire is Matt White.
Who is Matt White?
Matt White is a former baseball pitcher who spent nine years in the minor leagues, including three seasons playing for the Buffalo Bisons. While his career on the diamond did not lead to vast riches, his post-baseball endeavors did.
How a Former Pitcher Became a Billionaire
Matt White's journey to billionaire status is unique and did not stem from his earnings as a professional baseball player. Instead, his immense wealth came from a discovery made on his own property. After his baseball career, White discovered valuable mineral deposits on land he owned. This significant find, specifically the sale of these mineral rights, is what propelled him into the ranks of billionaires. It was the "stones in his backyard," rather than his performance on the baseball field, that created his fortune.
His story highlights an extraordinary path to wealth, diverging significantly from the typical routes athletes take to accumulate significant net worth through endorsements, salaries, or post-career business ventures within sports.
For more details on Matt White's remarkable story, you can read about his incredible discovery and subsequent wealth.