How Much Did Paul Fireman Sell Reebok For? The Shocking Price Tag

In 2005, Paul Fireman sold Reebok to Adidas for $3.8 billion. He personally made $800 million from the deal. This was a huge success for Fireman, who had built Reebok from a small company into a global powerhouse.

After the sale, Fireman continued to be involved in the business world. He founded Fireman Capital Partners, a private equity firm, with his son Dan in 2008. The firm focuses on consumer-related investments. This demonstrates Fireman’s continued interest in the consumer products industry and his desire to continue making a positive impact on the business world.

It’s important to note that the $3.8 billion sale price was a significant amount of money at the time. It represented a huge return on investment for Fireman, who had acquired Reebok for a much smaller sum. The sale also marked the end of an era for Reebok, as the company was absorbed into the Adidas brand.

This transaction was a major event in the history of the sports apparel industry. It highlights the potential for success in the business world and the importance of entrepreneurship.