LeBron James Hits Billionaire Status, Makes NBA History

Sports

| LAST UPDATE 06/07/2022

By Zuzanna Krause
Lebron James NBA Billionaire
MICHAEL TRAN/AFP via Getty Images

LeBron James has achieved greatness yet again, but this time to new and extreme levels. The unbelievably talented athlete has officially become the first active NBA player to become a billionaire. Ya'll heard us right, a billionaire. With a whole lotta work on and off the court, LeBron is living out a life-long dream of his. Here's what to know.

Widely regarded as one of the greatest players of all time, James has officially become a billionaire, according to Forbes. The 37-year-old was drafted to the NBA all the way back in 2003, where he played for the Cleveland Cavaliers until 2010 and was then drafted to play for the Miami Heat alongside Dwayne Wade and Chris Bosh, making them The Big Three of their era. James was drafted back to the Cavs in 2014 and in 2018, began playing for the Los Angeles Lakers, where he is currently dominating the court and spearheading the team. Besides dominating the NBA for nearly two decades, James has an enormous amount of other projects attributing to his swanky new status.

LeBron James Billionaire Forbes
 Jason Miller via Getty Images
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In a 2005 interview with the Associated Press, King James manifested his dream of being a billionaire, and well, here we are today. "In the next 15 or 20 years, I hope I'll be the richest man in the world," he said. "That's one of my goals. I want to be a billionaire. I want to get to a position where generation on generation don't have to worry about nothing. I don't want family members from my kids to my son's kids to never have to worry. And I can't do that now just playing basketball." Well, it turns out you can.

According to Forbes, the point guard has gained his billionaire status through many investments, accounting for over $500 million of his total net worth. In addition, James' wealth stems from his entertainment development and production company, SpringHill Company, which is responsible for multiple high-earning projects such as Space Jam: A New Legacy. The athlete has major investments as part-owner of Fenway Sports Group and Blaze Pizza, along with many other major companies. King James has officially joined Michael Jordan and Kobe Bryant in becoming the richest NBA players, and we're excited to see what he does next with all these billions in the bank. Stay tuned.

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