LeBron James, an 18-time NBA all-star, four-time NBA champion, and two-time Olympic gold winner, has accomplished yet another feat that no other NBA player has ever accomplished.

According to Forbes, James has officially become a billionaire while still playing basketball, after another record-breaking year of earnings that totaled $121.2 million last year.

The 37-year-old celebrity is worth $1 billion. James became the first active NBA player to enter the billionaires list, despite missing the playoffs for the fourth time in 19 seasons. 

James has done exactly that, maximizing his profits to the tune of more than $1.2 billion before taxes. As the NBA’s highest-paid active player, he has collected more than $385 million in compensation from the Cleveland Cavaliers, Miami Heat, and Los Angeles Lakers. He has earned over of $900 million in endorsements and other business activities off the court.

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Early Life

LeBron James was born in Akron, Ohio on December 30, 1984. LeBron’s mother got him a little hoop and basketball when he was a baby, which he played with for hours. Basketball quickly became LeBron’s life, and when he was old enough to play for his primary school, he excelled right away. LeBron James attended St Vincent-St Mary High School, where as a sophomore, he was named to the USA Today All-USA first team for the first time. He was voted the Gatorade National Player of the Year in his junior year. Around this time, he began to be referred to as “King James.” Even while still in high school, James began to appear on the covers of “SLAM” magazine and Sports Illustrated. Everyone knew LeBron James was destined to be an NBA superstar.

The Cleveland Cavaliers selected LeBron James as the first overall pick in the NBA draft in 2003. He was the youngest player to ever score 40 points in a single game and the youngest player to ever be named Rookie of the Year during his rookie season. He has earned bronze and gold medals for the United States Olympic basketball team in the 2004 and 2008 Olympics, respectively, in addition to playing for the Cavaliers. LeBron James and the Miami Heat won the NBA title in 2012 and 2013. In addition, he was named MVP of both series.

LeBron James’ Personal Life And Real Estate

Savannah Brinson, James’ high school girlfriend, had three children with him.

The James family had a $9 million property overlooking Biscayne Bay in Coconut Grove when they lived in Miami.

LeBron James paid $21 million for a 9,350-square-foot mansion in LA’s Brentwood district in November 2015. It was the highest price paid for a home in the neighborhood at the time. He tried for a year to sell this house, but ended up accepting a small loss when he sold it for $19.6 million in September 2021.

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LeBron James paid $23 million for a new property in Brentwood in November 2017.

LeBron James spent $36.8 million for a Beverly Hills mansion in September 2020.

LeBron James owns one of the most costly residences in Cleveland, Ohio. Bath Township is where you’ll find it. The home, which LeBron had custom built, is appraised by Ohio tax authorities at $9.5 million. It features a total of 20 rooms spread out over 30,000 square feet of living area. He purchased the property when he was 18 years old and had just joined the NBA.