Is LeBron James A Billionaire Now? Facts On His Net Worth

Published Date: 17 Jun, 2020 Updated date: 17 Jun, 2020 By Daniel Roffer

LeBron James, comes on of the highest-earning player in the NBA history. The 35-year-old player is the third player to earn over thirty million dollars in a season after Michael Jordan and Kobe Bryant.

Known by the nickname “King James”, LeBron James is an American basketball player, who is in the second season with the NBA team, Los Angeles Lakers. He made his NBA debut with the Cleveland Cavaliers in 2003.

LeBron James’ Career Achievements

The son of Gloria Marie James and Anthony McClelland, James is one of the greatest basketball players in NBA history. He has played in eight consecutive NBA Finals (2011–2018 seasons) with the Miami Heat and Cleveland and has won three NBA championships.

Likewise, his personal achievements include four NBA Most Valuable Player (MVP) Awards, three Finals MVP Awards, and two Olympic gold medals. He has been selected to the All-NBA First Team, a record of twelve times, made the All-Defensive First Team five times and has played in sixteen All-Star Games, in which he was selected All-Star MVP three times.

How Much LeBron James Earns From NBA In A Season?

LeBron signed a four-year contract with the Lakers, worth nearly $154 million in July 2018. The contract includes $153,312,846 guaranteed, and an annual average salary of $38,328,212.

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James became the highest-earning NBA player in the 2019-20 season, earning $37,436,858 during the season. He world earns a salary of about $39,219,565 in the 2020-21 season.

His Houses And Other Assets

Before signing with the Lakers, LeBron bought a lavish mansion in Los Angeles in 2017. He paid $23 million for the eight bedrooms house in the swanky Brentwood neighborhood. His 15,846-square-foot mansion has eight bedrooms, nine-and-a-half bathrooms, an elevator, home theater, wine cellar, and a cigar room.

Previously, in 2015, he bought a 9,440-square-foot house in Brentwood for $20 million. The house consists of a central entry hall with a sweeping staircase, a formal dining room, a round breakfast room, six bedrooms, and eight bathrooms.

Likewise, in 2020, he reportedly bought a new mansion in Los Angeles, currently worth around $52 million.

James has a list of numerous luxury cars in his garage. His cars include 1975 Chevy Impala, Bentley Continental GT, 2010 Chevy Camaro SS, Ferrari 599, Ferrari 458 Spider, and so on.

Is LeBron James Now A Billionaire?

Apart from the NBA, the Akron Hammer earn millions from numerous endorsement contracts. He penned a lifetime endorsement deal with Nike at the end of 2015. The deal is believed to be over $1 billion. His endorsements with other companies include Coca-Cola’s Sprite, Walmart, Kia Motors, and Beats headphones.

James also bags much from his business works such as 19 Blaze Pizza franchises, production company SpringHill Entertainment and media brand Uninterrupted. As one of the most influential athletes, he also involves in charity through the LeBron James Family Foundation to improve education for students in his hometown, Akron, Ohio.

The NBA veteran already had the net worth estimated to $450 million in 2018, according to Forbes. There is no doubt that he is now a billionaire from his multi-million dollar earnings so far.

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Some Interesting Facts About LeBron James

  • Lebron starred in the 2015 American romantic comedy film Trainwreck, directed by Judd Apatow and written by Amy Schumer.
  • He is a huge tattoo lover. After the death of Coby Bryant in January 2020, he inked a tattoo on his thigh, which reads “Mamba 4 Life.”
  • His daughter Zhuri runs a YouTube channel titled “All Things Zhuri.” The channel started in 2019 has now more than 193K subscribers.
Category: Celebrities,Sports