Report: LeBron James closing in on billionaire status

Report: LeBron James closing in on billionaire status

On top of all of his on-court accolades, Los Angeles Lakers star LeBron James is now reportedly also adding being a billionaire in his net worth to his off-court accomplishments according to Forbes.

The first active NBA player to accomplish such feat, James has achieved his status from multiple streams of revenue, with a staggering $385 million coming from his on-court salaries from his time with the Lakers, Cleveland Cavaliers, and Miami Heat, as he is the NBA's highest-paid active player.

Another $300 million comes from James' SpringHill company, which is a combination of three ventures from the NBA star - his Robot Company marketing agency, his athletic social media platform Uninterrupted which shares the untold stories of athletes, and SpringHill entertainment.

James also owns a stake in Fenway Sports Group valued at $90 million, which includes the Boston Red Sox, Fenway Park, Liverpool FC, part of Roush Fenway Racing and a majority of the New England Sports Network. FSG also recently acquired controlling interest Pittsburgh Penguins to add to their portfolio.

James also owns multiple properties which make up $80 million of his net worth, and invested in Blaze Pizza which adds $30 million to his value as he paid reportedly under $1 million for 10 per cent of the company ten years ago that has grown to over 300 stores.

The 18-time NBA All-Star, four-time NBA Champion, four-time NBA MVP, four-time NBA Finals MVP, three-time All-Star MVP and two-time Olympic gold medallist now has another honour added to his career before the time her turns 40.

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