Business

Dec 29, 2024 The Man Who Would Be King The Boston Celtics superstar has…

  • James is the first active NBA player to become a billionaire, with Forbes estimating his net worth at $1 billion in June 2022.
  • Born to a 16-year-old single mother, he lived with an assortment of family members, friends and neighbors, plus his youth football coach, before being drafted by the Cleveland Cavaliers in 2003.
  • Through the 2023-24 season, James has reportedly earned nearly $480 million in pretax salary from stints with the Cavaliers, the Miami Heat and his current team, the Los Angeles Lakers.
  • He has raked in upwards of $900 million (pretax) off the court, according to Forbes estimates, from his business ventures and endorsement deals with the likes of PepsiCo and Nike.
  • Key to his billionaire status: James has been more than a pitchman, taking equity in brands he works with, including Beats by Dre.
  • His LeBron James Family Foundation opened its first elementary school in 2018 and has pledged to spend more than $40 million to send kids to college.

Wealth History

HOVER TO REVEAL NET WORTH BY YEAR

Forbes Lists

Personal Stats

Age
40
Source of Wealth
Basketball, Self Made
Self-Made Score
10
Salary/Winnings
$48.7 M
Endorsements
$80 M
Residence
Los Angeles, California
Citizenship
United States
Marital Status
Married
Children
3
Agent
Rich Paul, Josh Pyatt, Brad Slater
Agency
Klutch Sports Group, WME, WME
Sponsors
Beats Electronics, DraftKings, Fanatics, LVMH Moët Hennessy Louis Vuitton, Nike, PepsiCo, Taco Bell

Did you know

James has publicly dreamed about one day owning an NBA team. As an investor in Fenway Sports Group, he already owns stakes in pro baseball, soccer and hockey teams.

In 2021, James sold a minority stake in his movie and TV production business, the SpringHill Company, to a handful of investors at a $725 million valuation.

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