LeBron James Is Officially the First Active NBA Player to Become a Billionaire
LeBron James has joined rare company once again, but this time not for his work on the court.
The NBA player has officially become the first active billionaire in the league.
According to Forbes, the only NBA players who have reached this monumental milestone are Michael Jordan and Kobe Bryant, both of whom became billionaires when they retired.
With a net worth of about $580 million, Kevin Durant is the closest active NBA player to becoming a billionaire after LeBron. One of James' biggest goals was to become a billionaire in an interview with GQ in 2014.
James said, "This is my biggest goal. I want to maximize my business.
If I get it, if I'm a billion-dollar athlete, ho. Hip hip hooray! Oh, my God, I'm going to be thrilled.
Over $500 million of Bron's net worth is estimated to come from cash and other investments, according to Forbes.
In addition to his SpringHill Company, James has made several high-profile investments, including Blaze, which produced movies like Space Jame
A New Legacy and several others with Warner Bros. Other investments LeBron has made, Pizza, becoming a part-owner of Fenway Sports Group, and his stakes in real estate have all helped make him a billionaire as well.
Aside from being the first active NBA player to become a billionaire
James is also the only active player in a United States team sport to do so.
As an active athlete billionaire, he joins Tiger Woods, Floyd Mayweather, Cristiano Ronaldo, Lionel Messi, and Roger Federer.