Lebron James Reaches Billionaire Status

Everything is coming up roses for Lebron James.

The 18-time NBA All-Star has hit another milestone with Forbes magazine’s estimate that the NBA star has officially become a billionaire.

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The Los Angeles Lakers star got more than a whopping $385 million in salary during his Cleveland Cavaliers and Miami Heat days, plus his present team. This made him the NBA’s highest-paid active player to make the billionaires list.

James is also estimated to own a bulk of the Fenway Sports Group, which owns teams Boston Red Sox, Liverpool, and half of Roush Fenway Racing. 

As if it’s not enough, the 37-year-old owns at least 3 properties worth about $80 million in all, plus a whole lot of business ventures that enable him to splurge on mansions.

From another massive earnings of $121.2 million last year, he also has a net worth of $1 billion.

With all of these achievements, Lebron James joins basketball legend Michael Jordan as the only NBA billionaires to date. 

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