NBA star Giannis Antetokounmpo on promoting financial literacy through sustainable investing

There was a time in Giannis Antetokounmpo's life when he had his money spread out in several different bank accounts, to protect it.

"I was always taught: don't put your eggs all in one basket," Antetokounmpo told "CBS Mornings" on Friday.

The Milwaukee Bucks forward has since learned "there are safer ways and much better ways to do the same thing," and his understanding of money has changed.

The NBA star has teamed up with John Koudounis of Calamos Investments to introduce the Calamos Antetokounmpo Sustainable Equity Fund, a collection of environmental, social and governance (ESG) funds.

Basketball star @Giannis_An34 says financial literacy is “the number one thing” he plans to teach his children.

The @Bucks player is teaming up with businessman John Koudounis to create an investment fund aimed at making the process more accessible — and sustainable. pic.twitter.com/aVO8L4PFKG

— CBS Mornings (@CBSMornings) March 31, 2023