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LeBron James Becomes Second Athlete To Be Worth $1 Billion Thanks To Film Company Sponsorship Deals

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LeBron James, the four-time NBA champion and four-time MVP in the league, is only the second athlete to be worth $1 billion.

James, 37, follows fellow NBA great Michael Jordan in terms of being valued at 10 digits, according to: Forbesalthough James did it when he was still an active player.

Jordan, 59, was only valued at $1 billion in 2014, 11 years after he retired and right after he became an investor in the league’s Charlotte Hornets.

For LeBron, his billionaire status — something he told GQ in 2014 “my biggest milestone” — comes largely from his investments.

The man who is considered the greatest player of his time owns pieces from a production company, franchises for three different sports, pizza chains, headphones and several other products.

James made just over $41 million for the 2021-2022 season, making him just the sixth highest paid player in the NBA, with Golden State Warriors star Stephen Curry topping the list with over $45 million, according to ESPN

LeBron James, the four-time NBA champion and four-time league MVP, is only the second athlete to be worth $1 billion

James, 37, follows fellow NBA great Michael Jordan in terms of being valued by 10 digits, according to Forbes, even though James did it while he was still an active player

For LeBron, his billionaire status — something he told GQ in 2014

For LeBron, his billionaire status — something he told GQ in 2014 “my biggest milestone” — comes largely from his investments

In fact, James is the second highest paid athlete in the world between salary and endorsements at $121.2 million, beaten by PSG and Argentine superstar Lionel Messi, who took in $130 million.  However, the investment game is where LeBron has made enough money to outshine the likes of Tiger Woods, Messi, Magic Johnson and Floyd Mayweather.

In fact, James is the second highest paid athlete in the world between salary and endorsements at $121.2 million, beaten by PSG and Argentine superstar Lionel Messi, who took in $130 million. However, the investment game is where LeBron has made enough money to outshine the likes of Tiger Woods, Messi, Magic Johnson and Floyd Mayweather.

In fact, James is the second highest paid athlete in the world between salary and endorsements at $121.2 million, beaten by PSG and Argentine superstar Lionel Messi, who took in $130 million.

However, the investment game is where LeBron has made enough money to outshine the likes of Tiger Woods, Messi, Magic Johnson and Floyd Mayweather.

James’ total earnings from his nearly two-decade basketball career have brought him approximately $1.2 billion in pre-tax income, including $385 million of his player salary.

Though he’s made hundreds of millions in endorsements, a mid-career pivot in his mid-career forcing sponsors to provide him with stock has caused his wealth to explode.

James has interests in Blaze Pizza, Beats By Dre and publicly traded fitness company Beachbody.

Perhaps his biggest score is Spring Hill Company with longtime friend and business partner Maverick Carter, who helped bring the Space Jam reboot to the big screen and has half a dozen other projects in the pipeline for 2022 and 2023.

James has interests in Blaze Pizza, Beats By Dre and publicly traded fitness company Beachbody

James has interests in Blaze Pizza, Beats By Dre and publicly traded fitness company Beachbody

James is also a partner of Fenway Sports Group — which coincidentally invested in Spring Hill last October — giving the basketball icon an ownership stake in the MLB's Boston Red Sox (as well as their iconic Fenway Park), the NHL's Pittsburgh Penguins, and the Champions. League runners to Liverpool FC

James is also a partner of Fenway Sports Group — which coincidentally invested in Spring Hill last October — giving the basketball icon an ownership stake in the MLB’s Boston Red Sox (as well as their iconic Fenway Park), the NHL’s Pittsburgh Penguins, and the Champions. League runners to Liverpool FC

Perhaps his biggest score is Spring Hill Company, which helped bring the Space Jam reboot to the big screen and has half a dozen other projects in the pipeline for 2022 and 2023.

Perhaps his biggest score is Spring Hill Company, which helped bring the Space Jam reboot to the big screen and has half a dozen other projects in the pipeline for 2022 and 2023.

James has business with longtime friend and partner Maverick Carter (pictured left)

James has business with longtime friend and partner Maverick Carter (pictured left)

The mogul also owns three properties valued at approximately $80 million, including mansions in his native Akron and two estates in Southern California, including a mansion in Beverly Hills for which he paid more than $36 million in 2020.

The mogul also owns three properties valued at approximately $80 million, including mansions in his native Akron and two estates in Southern California, including a mansion in Beverly Hills for which he paid more than $36 million in 2020.

Last October, outside investors bought the company at a valuation of $750 million.

LeBron — who used the company to bring all of its projects under one roof — is Spring Hill’s largest shareholder, although his stake is not expected to exceed 50 percent.

James is also a partner of Fenway Sports Group — which coincidentally invested in Spring Hill last October — giving the basketball icon an ownership stake in the MLB’s Boston Red Sox (as well as their iconic Fenway Park), the NHL’s Pittsburgh Penguins, and the Champions. League runners at Liverpool FC.

The mogul also owns three properties worth about $80 million, including mansions in his native Akron and two estates in Southern California, including a mansion in Beverly Hills for which he paid more than $36 million in 2020.

‘Clear. I want to maximize my business,” James said in that 2014 GQ interview, where he dreamed of becoming a billionaire. “And if I happen to get it, if I’m a billion-dollar athlete, ho. Hip Hip, hooray! Oh my god, I’m going to be excited.’

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