Lebron James becomes first active NBA Player to achieve Billionaire Status

By Michael Ehindero




LeBron James is officially a billionaire, marking the first time an active NBA player has achieved that milestone.

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Notably, Michael Jordan is the only other basketball billionaire on Forbes' list. He didn't achieve that until 2014, more than a decade after he retired.According to Forbes magazine, during his career.

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Forbes said that the Los Angeles Lakers star has "maximized his business," generating more than $1.2 billion in pretax earnings. His NBA salary from three different teams during the past 19 years has amounted to $383 million, and James has "raked in upwards of $900 million in income from endorsements and other business ventures," the magazine said.



In addition to lucrative endorsement deals with Nike (NKE), AT&T (T), PepsiCo (PEP) and Walmart (WMT), Forbes said that James structured his deals to include equity in those brands, giving him a "cut of the upside instead of a quick paycheck." The four-time NBA champion also has investments in fitness startup Tonal, ridesharing company Lyft and eatery upstart Blaze Pizza.

Another lucrative investment for James is TV and movie studio SpringHill Entertainment, which Forbes values at around $300 million. The studio helped produce "Space Jam: A New Legacy," a movie he starred in that earned $163 million in box office receipts worldwide.



James has long dreamed of being a billionaire.

"It's my biggest milestone," he told GQ in a 2014 interview. "Obviously I want to maximize my business. And if I happen to get it, if I happen to be a billion-dollar athlete, ho. Hip hip hooray! Oh, my God, I'm gonna be excited."



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___________________ ** Dear MEB Viewers, Legacy Posts [Every Post on this Blog before July 7, 2025] is being Unpublished by 24th September, 2025 . If you need to reference any of this Legacy posts, please do so before midnight on the  24th September, 2025 . Legacy posts won't be available anymore after this date. Thank You..... ______________________ T he Charlie Kirk murder suspect , Tyler Robinson , has appeared in court for the first time. Robinson, 22, appeared remotely at the court in Utah he faces seven charges, including aggravated murder and witness tampering Prosecutors are seeking the death penalty. Robinson, who was wearing a vest designed to stop self-harm, did not enter a plea to any of the charges. Utah County Attorney Jeff Gray filed charges Tuesday against the man suspected of killing Charlie Kirk and said he intends to pursue the death penalty.  Tyler Robinson, 22, of Washington, Utah, faces seven criminal charges, includin...
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Yhemolee's Wife, Eyitayo Idowu Allegedly Sets & Beats up an Acquitance... Trouble in Paradise¿

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By Michael Ehindero
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By Michael Ehindero
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