First active NBA player James Officially on Forbes' billionaires List

4-time champion NBA, 1st active player star LeBron James makes a cut in the Forbes' billionaires list.






  • Los Angeles Lakers' LeBron James has become the first active NBA player to make Forbes' billionaires list with Around One Billion net-worth.



LeBron James–18-time NBA all-star, 4-time NBA champion, 2-time Olympic gold medalist–has hit another Earning milestone, this time doing something no other NBA player has ever done.

Another year of earnings–totaling $121.2 million last year–Forbes estimates that James has officially become a billionaire, while still playing hoops.



Forbes estimates James, 37, is the world's second highest-paid athlete behind footballer Lionel Messi.



James has done just that–maximized his business, to the tune of more than $1.2 billion in pretax earnings. He has commanded more than $385 million in salary from the Cleveland Cavaliers, Miami Heat and Los Angeles Lakers as the NBA’s highest-paid active player. Off the court, he has raked in upwards of $900 million in income from endorsements and other business ventures.




In March, James moved second in the NBA's list of all-time scorers and he currently has 37,062 points, behind only Kareem Abdul-Jabbar (38,387).



Here’s a Full breakdown of LeBron James’ estimated $1 billion dollar Net-worth fortune.




THE SPRING HILL COMPANY: $300 MILLION

  • James’ Robot Company marketing agency,
  • athlete platform Uninterrupted, And
  • SpringHill Entertainment,


FENWAY SPORTS GROUP: $90 MILLION


  • James grabbed a minority stake in Liverpool F.C.,
  • James also have a stakes in Boston Red Sox,
  • FSG agreed to pay about $900 million to add the NHL’s Pittsburgh Penguins to its portfolio.


REAL ESTATE: $80 MILLION


  • $10 million mansion near his hometown of Akron, Ohio,
  • $23 million, 8-bedroom mansion in Los Angeles’ tony Brentwood neighborhood in 2017,
  • He paid $36.75 million for a 13,000-square-foot Beverly Hills mansion.



BLAZE PIZZA: $30 MILLION


  • James has been all-in on Blaze Pizza for years, he had 18 Blaze franchise stores in Florida and Illinois that are run by restaurateur Larry Levy–to be worth about $30 million.



CASH AND OTHER INVESTMENTS: MORE THAN $500 MILLION



  • Forbes still believes James has more than a half-billion dollars in net assets beyond what’s listed above.
  • Like the $3 billion sale of Beats by Dre to Apple in 2014,
  • He also have a shares of publicly traded fitness company Beachbody, which acquired Ladder,
  • Ladder, the sports nutrition company James cofounded with Arnold Schwarzenegger, in 2020 for $28 million in stock.






_________________


Forbes.com

0 Comments