Kenny Bednarek is building his financial cushion while still at the peak of his career.
Olympic silver medalist Kenny Bednarek has opened up about his tumultuous upbringing, which has shaped him into a financially savvy investor.
With a firm understanding of the fleeting nature of a track and field career, Bednarek is urging fellow athletes to build wealth beyond the sport.
Track and field is an unforgiving profession—one injury can alter an athlete’s trajectory, leaving once-celebrated stars without sponsorships or brand ambassador deals.
Bednarek, keenly aware of this reality, has taken proactive steps to secure his financial future through real estate investments.
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Bednarek and his twin brother, Ian, were adopted from foster care by Mary Bednarek, alongside two other children.
Their upbringing in a modest household instilled in Kenny a deep appreciation for financial security and independence.
This background has fueled his determination to make calculated investments while at the peak of his career.
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“They say the best investment on earth is the earth itself. If y’all don’t know what I’m talking about, I’m talking about land and real estate. I’m standing in front of my third investment property, which is a milestone in my investment journey,” Bednarek shared in an Instagram video, showcasing his latest multi-million-dollar purchase.
While Bednarek excels on the track, he acknowledges that he is not an expert in real estate.
To navigate this unfamiliar territory, he relies on his agent, Dwight Thomas, who plays a pivotal role in his investment decisions.
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“Why real estate? Cash flow, appreciation, and wealth building,” explained Thomas. “If you think about rental property, it’s a great way to generate passive income. You buy a property, rent it out, and earn from your tenants.”
Bednarek, echoing Thomas’s sentiment, revealed how his initial investment has been paying off.
“With my first property, I put it on rent, so it’s paying for itself and then some.”
Thomas elaborated on the long-term benefits, stating, “Every month, your mortgage isn’t just a payment. It’s equity. Over time, the value of your house increases, and the equity in your home grows.”
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Bednarek attributes his success to thorough research and finding trustworthy experts.
“I didn’t have much money growing up, and I had no knowledge of real estate. But once I started earning and did my research, I took a calculated risk, found a good real estate agent, and now we’re here.”
Thomas emphasized the importance of mentorship for athletes, stating, “That’s what I try to explain to athletes like Kenny. You just need the right person to give you solid real estate, financial, and investment advice.”
While Bednarek is making strides in the investment world, his focus on athletics remains unwavering.
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He is gearing up for an electrifying showdown in the Grand Slam track circuit, competing against elite sprinters like Fred Kerley and Oblique Seville.
Additionally, he has his sights set on securing more accolades in the Diamond League and the 2025 Tokyo World Athletics Championships.
By balancing his athletic career with smart financial investments, Kenny Bednarek is not just running for medals—he’s sprinting toward long-term wealth and stability.
