Gone are the days when rich people funded libraries and museums. Now, they’re putting their cash into the things that really matter: Roller coasters. On Wednesday, Travis Kelce announced on Instagram that he would be investing in Six Flags in an attempt to boost attendance, modernize technology, and improve the theme park’s brand. “The chance to help make Six Flags special for the next generation is one I couldn’t pass up,” Kelce said in a statement, according to The Wall Street Journal . It’s nice to see him so passionate about a cause.
Kelce along with New York–based hedge fund Jana Partners and a crew of other investors now have a combined stake of about 9 percent of the theme park’s shares, or $200 million, according to WSJ . Following the announcement, shares for Six Flags