Los Angeles Lakers star LeBron James has become the first active NBA athlete to cross the $1 billion mark in terms of net financial worth.
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This was reported by the specialist magazine “Forbes” on Thursday.
The only other member of the select club of “10 figures” is Michael Jordan, except that he had to wait more than a decade after his retirement in 2003 before finding himself in the group of billionaires.
Missing the playoffs for the fourth time in his 19-year career on the professional basketball circuit, James has made more than $385 million in salary while making several big-payoff investments.
His holdings include a $300 million stake in production company The Spring Hill Company, while he has a $90 million stake – around 1% – in Fenway Sports Group. The company owns the Boston Red Sox, Fenway Park and Liverpool FC, among others.
Also, the 37-year-old man owns at least three properties, with a total value of approximately $80 million.
He is building a mansion near his birthplace of Akron, Ohio, at a cost of $10 million, while in 2017 he bought an eight-bedroom house in the Los Angeles area for $23 million. .
