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

by RaquelHarris
June 2, 2022
Reading Time: 1 min read
0
LeBron James Is Officially The First Active NBA Player To Become A Billionaire

Photo by Robert Laberge/Getty Images

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LeBron James is officially the first active NBA player to become a billionaire.

According to Forbes, the 37-year-old Lakers player is now the first active NBA player to become a billionaire, with an estimated net worth of$1 billion. The only other NBA baller to make that feat is Michael Jordan, who joined the billionaire club after his NBA career.

During his NBA career, he’s generated more than $385 million in income, being the league’s highest-paid active player, CBS Sports reports. On top of his game on the court, his business plays outside of it have also led to him to his newly-minted billionaire status.

CBS News reports James has a minority stake in Liverpool of the Premier League, bringing in $90 million as an investor. He also owns one percent of Fenway Sports Group, which owns the Boston Red Sox, Liverpool and Fenway Park, along with half of Roush Fenway Racing.

Some of James’ assets include three properties worth an estimated $80 million. He also invested $1 million in a popular pizza chain called Blaze Pizza. His reported 10 percent equity stake in the company reportedly grew to $30 million by 2020.

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