SUMMARY
- LeBron James was the third athlete to achieve billionaire status.
- According to sources, James has gained $760 million since becoming a billionaire.
LeBron James has already earned himself a lot of recognition over the years. The 20x NBA All-Star has worked hard to bring himself up the ladder. Now, there isn’t much left for him to prove to the world either. He’s earned his stripes and done what he’s had to do to acquire the accolades. But besides all things basketball, James also actively partakes in business.
LeBron James vs Clippers
34 PTS
6 REB
8 AST
2 BLK
13/21 FG#LakeShow W pic.twitter.com/q9P8lN9PFl— A Walking Highlight (@11AWH) February 29, 2024
The Los Angeles Lakers forward is one of many athletes who use their money wisely. James has invested in multiple ventures including his alcohol brand called Lobos 1707. He also runs an entertainment company called SpringHill. James co-founded it with Maverick Carter. LeBron has also invested in sports teams like Liverpool FC and the Boston Red Sox.
LeBron James’ net worth has increased by $760,000,000
It has been almost two years since LeBron James hit a major milestone. In June 2022, the 4x NBA Champion’s net worth reached $1 billion, becoming the third athlete to achieve billionaire status. The only other sportsmen who achieved it before James were Michael Jordan and Tiger Woods. Magic Johnson was the latest entry in this list, whose net worth currently stands at $1.2 million.
LeBron James is worth $1.76 billion, according to @Sportico’s estimates.
Insane. pic.twitter.com/UFHnBD5O6d
— Legion Hoops (@LegionHoops) March 8, 2024
Impressively, LeBron James’ net worth has also drastically increased over the last two years. According to Sportico’s estimates, the Lakers superstar is currently worth $1.76 billion. This means James has generated $760,000 since June 2022. And chances are, these numbers will slowly increase even more over time. But James still has a long way before achieving Jordan’s net worth of $3 billion.
LeBron James may become the first NBA player to earn $500 million via salaries
LeBron James recently turned 39 years old and he’s currently pursuing his 21st season in the league as well. The King hasn’t shown signs of decline as he averages 25.3 points, 7.1 rebounds, and 8 assists per game. The league has probably never seen someone his age contribute such numbers before, with consistency at least.
LeBron James filthiest poster dunk on Alex Len and laughs at him 😭 pic.twitter.com/WfVKKF7DzD
— Highlights Moments (@newslet26878376) March 7, 2024
LeBron currently has one year left on his two-season $99 million deal which includes a player option. LA possibly has every intention to re-sign the veteran to another deal. But no matter what he chooses to do next season, be it re-signing with the Lakers or testing free agency, he is set to make history, again. James will become the first player to earn $500 million via salaries.