Twitchstreamer Amouranth has made an incredible amount of money by creating content for the livestreaming site and other platforms. She’s since invested that money in a variety of businesses and other ventures, often sharing details about her financial moves on Twitter. Now Amouranth has detailed yet another big money investment that she’s made, putting “seven figures” into a US-based company that manufactures plastic balls.
Like her previous investments, theTwitchstreamer took to Twitter to provide details about her latest business venture. Amouranth did not name the specific company, but explained that it manufactures both plastic and rubber balls, distributing them to mid- and small-sized businesses and online vendors. She specified that this company doesn’t provide the plastic balls that one might see in play areas at fast food restaurants, however.
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Amouranth’s seven figure investment in this company will make her a minority owner in the company. She’s not interested in actually running the company, but rather using it to diversify her investment portfolio. UnlikeAmouranth’s gas station purchases, she is not planning for this latest investment to help lower her federal tax bill. “I’m creating a diversified stream of cashflow,” Amouranth explained in the Twitter thread.
Apparently this investment in a plastic ball company is just one part of Amouranth’s financial plans, as she’s promised to reveal the “next phase” if the tweet gets 1,000 likes. The tweet has since passed 1,100 likes, so it seems more information on anotherAmouranth investmentis likely to come sooner rather than later.
This isn’t the first time that Amouranth has discussed big money investments that wound up being north of $1 million. For example,Amouranthpurchased $1 million worth of Visa stock for her birthday this past December, and she also put $7 million into a company that makes inflatable pool toys.
While Amouranth has had great financial success and her investments appear to be working out for the most part, all investments carry a risk, and she’s also lost money in her endeavors.Meta stock plummetedrecently as it was reported that its social media platform Facebook had a decline in its number of users for the first time ever. The Meta stock price dropping was a serious blow to Amouranth’s wallet, as she lost nearly $300,000. Amouranth spoke about this situation on her Twitter as well, explaining to her followers that despite such a heavy loss that she was going to hold on to the stock, believing it will likely go back up in time.
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