Forbes said the Los Angeles Lakers star had “maximized her business” by generating more than $ 1.2 billion in pre-tax revenue. His NBA salary from three different teams over the past 19 years is $ 383 million, and James has “accumulated more than $ 900 million in revenue from approvals and other business ventures,” the magazine said. In addition to lucrative approval deals with Nike (NKE), AT&T (T), PepsiCo (PEP) and Walmart (WMT), Forbes said James structured his deals to include capital in those brands, giving him ” an increase instead of a quick salary. ” The four-time NBA champion also has investments in fitness startup Tonal, travel sharing company Lyft and newcomer Blaze Pizza.
Another lucrative investment for James is the television and film studio SpringHill Entertainment, which Forbes estimates at about $ 300 million. The studio helped produce “Space Jam: A New Legacy,” a film he starred in that grossed $ 163 million worldwide.
James has long dreamed of being a billionaire.
“This is my biggest cornerstone,” he told GQ in an interview in 2014. “Obviously I want to maximize my business. And if I happen to get it, if I happen to be a billion-dollar athlete, ho. Oh, my God, I’m going to get excited. “
It should be noted that Michael Jordan is the only other basketball billionaire on the Forbes list. He achieved this only in 2014, more than a decade after retiring.
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