LeBron James received news that is worth celebrating, despite the season not going as planned (the Los Angeles Lakers, despite their constellation of stars, did not qualify for the playoffs). He became the first active player in the NBA to reach the billionaire status, according to Forbes magazine (in the United States they refer to 1,000 million).
The 37-year-old native of Akron has spent 19 seasons in the best basketball league on the planet (only four times he did not advance to the playoffs), he was a four-time NBA champion (twice with the Miami Heat -2012 and 2013-, one with the Cleveland Cavaliers -2016- and one with the Lakers -2020-) and two-time Olympic gold medalist (Beijing 2008 and London 2012 -it was bronze in Athens 2004-). However, its success is also reflected outside the parquet.
“After another monstrous year of earnings, totaling $121.2 million last year, Forbes estimates that James has officially become a billionaire, while still playing basketball,” the aforementioned outlet announced in its latest post. Among its main sponsors are companies such as Nike, AT&T, PepsiCo and Walmart. The only athlete to surpass it as the best payment of the year was Lionel Messi, with a total of 130 million.
This magazine maintains that the four-time MVP of the American league has a net worth of one billion dollars, which makes him the first active basketball player to achieve it. The other is none other than Michael Jordan, who reached that mark in 2014, more than a decade after his last retirement, after becoming the main face of the Charlotte Hornets franchise.
“Obviously, it’s my biggest milestone. I want to maximize my business. And if I make it, if I’m a billion dollar athlete…Hip hip hooray! Oh, my God, I’m going to be excited.” King James acknowledged 8 years ago, in a kind of prediction, to GQ magazine.
One of the keys to his success was the more than $900 million he’s raised off the field in endorsement revenue or other business ventures he’s invested in. It is worth noting that he also raised about 385 million US dollars for his contracts with the Cleveland Cavaliers, the Miami Heat and the Los Angeles Lakers.
For example, he created the Spirng Hill company with his business partner Maverick Carter, which is valued at 300 million. This conglomerate has its marketing agency James’ Robot Company, the Uninterrupted athlete platform and Spring Hill Entertainment. In 2020 they sold a “significant minority stake” at $725 million to investors including RedBird Capital Partners, Fenway Sports Group, Nike and Epic Games. They also produced his Space Jam movie: A new Legacy and the docuseries about tennis player Naomi Osaka.
It is also part of the Fenway sports group (90 million), which has shares in different baseball, soccer and ice hockey teams. It has a minority interest in Liverpool FC, the Boston Red Sox and the Pittsburgh Penguins, among others.
Regarding the real estate category, according to Forbes, it has at least three properties with a value close to 80 million. A mansion in his hometown in Ohio, a house located in the Brentwood neighborhood of Los Angeles and another in Beverly Hills. It is also part of Pizza Blaze, worth approximately 30 million.
Finally, this medium estimates that LeBron has more than 500 million dollars in net assets beyond those mentioned above.
When and where was LeBron born?
On December 30, 1984, James was born in Akron, Ohio as LeBron Raymone James. her mother’s name is Gloria Jaime and her father’s name is Antonio McClelland. As a child, he and his family went through difficult times because they were poor.
James attended St. Vincent and St. Mary High School located in Akron, Ohio. He played basketball since his high school days, and now we can see a leading basketball player. Furthermore, LeBron has American nationality and belongs to an African-American ethnic background.
What is LeBron James net worth?
LeBron is one of the most talented athletes of all time. He has gained a lot of fame and money through his career as a professional basketball player. Annually, his earning is nearly $100 million as of 2022. The NBA gives him $40 million annually, while endorsements give $55 million annually. According to celebrity net worth, LeBron James has a net worth of approximately $500 million.
How many children does James have?
James married his childhood sweetheart. savanna brinson . The duo has been close since the time they were in high school. After dating for many years, the couple decided to get married. In the year 2011, they got engaged on New Year’s Eve. Two years into their engagement, James and Savannah tied the knot in 2013.
Career
- Well, as we mentioned earlier, James started playing basketball in his high school days.
- In the year 2003, he joined the NBA Draft and became the complete selection.
- In his first season, he made a new record by scoring many points in his first game.
- He won the title of ‘Rookie of the Year’. After a few seasons, James became one of the leading basketball players.
- He played in the All-Star Game and was awarded the Most Valuable Player award.
- In the year 2010, James signed many contracts with different teams that were interested in partnering with him.
- Eventually, he teamed up with the Miami Heat and became the subject of media controversy.
- For four seasons, LeBron played for Miami and again went to the Cleveland Cavaliers.
- In his career as a professional basketball player, James has achieved great success and fame.
- Also, he has received many precious awards for his performance in the match.