Basketball star, LeBron James, becomes second NBA billionaire | Dailytrust

Basketball star, LeBron James, becomes second NBA billionaire

LeBron James
LeBron James

LeBron James is officially a billionaire, according to yahoo sports.

The Los Angeles Lakers star is worth an estimated $1 billion, yahoo sports said while quoting Forbes.

This makes him the first active NBA player to join the billionaire club.

The only other basketball player to be worth 10 figures is Michael Jordan, who earned that moniker 11 years after he retired when his stake in the Charlotte Hornets increased to 89.5 per cent in 2014.

While James has earned more than $385 million in pretax salary during his 19-year NBA career, per Forbes, he accrued most of his wealth off the court through some savvy business moves over the past few years.

Those investments helped him grow his net worth to the estimated $1 billion thresholds he only recently crossed.

James manifested this milestone after saying he wanted to become a billionaire in a 2014 interview with GQ.

“If it happens. It’s my biggest milestone. 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.”

Dear Reader,
Every day, we work hard to provide readers such as you with the most accurate, up-to-date, and comprehensive information. Quality journalism costs money. Today, we're asking that you support us to do more. Your support means that Daily Trust can keep offering journalism to everyone in the world. Sign up for as little as N1,000 to become a member. Learn more about our membership here

Bank transfers can be made to:
Zenith Bank
Media Trust Ltd

Please send details of your bank transfer to the email or Whatsapp number below so that we can contact you.

If you have any questions, please let us know.

Whatsapp: +234 806 990 3410