$1 billion net worth; King James becomes the second athlete in history to be worth 10 figures

LeBron James has added another title to his collection: billionaire. Forbes estimated the Los Angeles Lakers star’s net worth at $1bn in a report published on Thursday. He is the first active NBA player to reach the status.

Michael Jordan, whose net worth Forbes has pegged at $1.7bn, didn’t reach billionaire status until 11 years after he retired. Forbes estimated James earned $121.2 million last year, a figure eclipsed only by Lionel Messi, who brought in $130m.

Despite earning close to $400m in salary during his NBA career with the Lakers, Cleveland Cavaliers, and Miami Heat, James’ off-court earnings far eclipse that. Forbes estimated James, 37, has brought in more than $900m from business investments and endorsements.

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