{"id":34094,"date":"2022-06-02T20:57:04","date_gmt":"2022-06-02T20:57:04","guid":{"rendered":"https:\/\/harchi90.com\/nba-superstar-lebron-james-is-officially-a-billionaire\/"},"modified":"2022-06-02T20:57:04","modified_gmt":"2022-06-02T20:57:04","slug":"nba-superstar-lebron-james-is-officially-a-billionaire","status":"publish","type":"post","link":"https:\/\/harchi90.com\/nba-superstar-lebron-james-is-officially-a-billionaire\/","title":{"rendered":"NBA superstar LeBron James is officially a billionaire"},"content":{"rendered":"
LeBron James won’t be playing in the NBA Finals this year, but he has still captured a new title: billionaire.<\/p>\n
The 37-year-old Los Angeles Lakers star has officially joined the three-comma club, according to Forbes, after earning another $ 121.2 million over the past year. He is the first-ever active NBA player to reach billionaire status.<\/p>\n
The only other NBA star to become a billionaire is Michael Jordan, who didn’t attain the status until 2014, more than a decade after he retired as a player.<\/p>\n
James, who just finished up a two-year, $ 85 million deal with the Lakers, has earned $ 387 million in salary during his playing career, according to Spotrac. Forbes reports that he has earned an additional $ 900 million in endorsements since he entered the league in 2003.<\/p>\n
James has embarked on a number of lucrative business ventures over his 19-year playing career. In 2016, he signed a lifetime deal with Nike that is rumored to be worth more than $ 1 billion on its own, though the figure was never confirmed by James. He also has a stake in the SpringHill production company worth $ 300 million, Forbes reports.<\/p>\n
Additionally, James has partnerships with chains like Blaze Pizza, where he is an investor and owns a 10% stake that Forbes estimates to be worth $ 30 million. He’s an investor in the Fenway Sports Group and saw a cash windfall from the sale of Beats to Apple in 2014 because he owned a small portion of the company.<\/p>\n
Forbes also estimates that he owns $ 80 million worth of property, including a nearly $ 37 million 13,000-square-foot mansion in Beverly Hills.<\/p>\n
Don’t expect James’ net worth to stop growing any time soon. The star is fresh off of another All-Star season and is eligible for a two-year, $ 97 million extension from the Lakers.<\/p>\n
Sign up now: <\/strong><\/em>Get smarter about your money and career with our weekly newsletter<\/strong><\/em><\/p>\n Don’t miss: <\/strong><\/em>Why ‘Stranger Things’ star Caleb McLaughlin waited years to make his first big purchase<\/strong><\/em><\/p>\n<\/div>\n<\/div>\n .<\/p>\n","protected":false},"excerpt":{"rendered":" LeBron James won’t be playing in the NBA Finals this year, but he has still captured a new title: billionaire. The 37-year-old Los Angeles Lakers star has officially joined the three-comma club, according to Forbes, after earning another $ 121.2 million over the past year. He is the first-ever active NBA player to reach billionaire …<\/p>\n