Chicago Bears quarterback Caleb Williams hasn’t played a down in the NFL, but that hasn’t stopped him from getting a jumpstart on building a business empire.
The Bears No.1 overall draft pick has launched his own investment firm, 888 Midas, where he looks to capitalize on alternative investment opportunities in private equity, venture capital and real estate. It’s the latest move from the 2022 Heisman Trophy winner, who has taken an unconventional approach since being drafted, from not hiring a certified agent to rocking pink nail polish.
Williams said in a statement that he’s always planned to be a businessman and that he’ll be able to cope with numerous potential business offers and eliminate distractions with this new investment firm, led by trusted advisors and partners he has “known for years.”
This list includes former Oakland A’s co-owner and Wolff Urban chairman Lew Wolff, former Main Street Advisors managing director Sherif Guirgis, Hawkins Way Capital managing partner and co-founder Ross Walker and The h.wood Group co-president and co-founder John Terzian.
Williams, who is being represented by a team of lawyers and advisors led by his father Carl, remains unsigned by the Bears, though he is expected to agree to a four-year deal worth about $40 million before training camp opens next month. As his investment company ramps up, the former USC star is getting acclimated to the NFL and the Bears’ scheme led by new offensive coordinator Shane Waldron.