LeBron James becomes the 2nd athlete to become a billionaire (1st was Michael Jordon) [View all]

[Demovictory9]

https://www.forbes.com/sites/chasewithorn/2022/06/02/lebron-james-is-officially-a-billionaire/



After another monster year of earnings–totaling $121.2 million last year–Forbes estimates that James has officially become a billionaire, while still playing hoops.

The 37-year-old superstar has a net worth of $1 billion, by Forbes’ count. James, who’s missing the playoffs for just the fourth time in 19 seasons, is the first active NBA player to make the billionaires list. (Michael Jordan, the only other basketball billionaire, didn’t hit ten figures until 2014, more than a decade after he retired, thanks to a well-timed investment in the Charlotte Hornets basketball team.)

"It’s my biggest milestone,” James told GQ in a prophetic 2014 interview. “Obviously. I want to maximize my business. And if I happen to get it, if I happen to be a billion-dollar athlete, ho. Hip hip hooray! Oh, my God, I’m gonna be excited."

James has done just that–maximized his business, to the tune of more than $1.2 billion in pretax earnings. He has commanded more than $385 million in salary from the Cleveland Cavaliers, Miami Heat and Los Angeles Lakers as the NBA’s highest-paid active player. Off the court, he has raked in upwards of $900 million in income from endorsements and other business ventures.