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LeBron James Is Officially The First Active NBA Player To Become A Billionaire

Daniel Marland

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| Last updated 

LeBron James Is Officially The First Active NBA Player To Become A Billionaire

LeBron James has made history - he's now the only active player in NBA history to become a billionaire.

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The LA Lakers star is the biggest name in modern basketball and is a four-time NBA champion as well as a four-time MVP.

With that fame comes fortune and according to Forbes, he's now in a league of his own when it comes to his peers.

James has earned $385 million of that through his salary in a near two decade career, but the majority of it comes from his investments off the court.

Image Credit: Alamy
Image Credit: Alamy

His biggest investment is SpringHill Company, which has earned James around $300 million since its inception in 2020.

The 37-year-old owns one per cent of Fenway Sports Group, who own the Boston Red Sox, Fenway Park and Liverpool.

James was spotted in the crowd at Saturday's Champions League final between Liverpool and Real Madrid.

FSG also own stakes in other businesses, including Roush Fenway Racing, the New England Sports Network and the Pittsburgh Penguins.

On top of that, James owns properties worth a cool $90 million in Beverley Hills, Los Angeles and his hometown of Akron, Ohio.

$30 million is from Blaze Pizza and that investment was made a decade ago.

Image Credit: Alamy
Image Credit: Alamy

The final $500 million is down to other investments that have proven to be incredibly profitable.

Only Michael Jordan can boast a greater wealth than James, thanks to his stake in the Charlotte Hornets and lucrative partnership with Nike.

James is the second-highest paid athlete in the world right now, after Paris Saint-Germain superstar Lionel Messi.

His contract with the Lakers is up next season and that could see him demand a pay rise, given his importance to the team.

In an interview with GQ back in 2014, James discussed becoming a billionaire one day and admitted it was a dream of his.

"If it happens. It’s my biggest milestone,” he declared.

"Obviously. I want to maximize my business. And if I happen to get it, if I happen to be a billion-dollar athlete, ho. Hip hip hooray! Oh, my God, I’m gonna be excited."

Featured Image Credit: Alamy

Topics: Lebron James

Daniel Marland
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