LeBron James has become the first active player in NBA history to reach a net worth of $1 billion, Forbes magazine reported on Thursday, June 3rd. Only one other figure in the NBA, Michael Jordan, had surpassed this figure, but he did so more than a decade after retiring, in 2014, the outlet points out.
The Los Angeles Lakers superstar, considered one of the best basketball players in history, has managed to maximize his career and his businesses to more than 1.2 billion dollars in profits before taxes, which exceed 1,000 after them.
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In the NBA, he has received salaries of more than 385 million dollars from the three teams he has belonged to in his 19 active years: Cleveland Cavaliers, Miami Heat and Lakers. Off the field, the player has earned more than $900 million in income from endorsements, investments and other projects, such as his participation as an actor in the movie “Space Jam: A New Era” last year.
He is also a partner in the Fenway Sports Group, a company that owns various sports teams such as Liverpool, and the Boston Red Sox. In addition, his investment in the American fast food chain Blaze Pizza is estimated at about 30 million dollars, and his 80 million in real estate includes two houses in Los Angeles and a mansion in his hometown, Akron.