LeBron James Once Jumped Ship With Fellow Billionaires Bill Gates and Mark Cuban for Instilling $12,000,000 Into a First-of-Its-Kind Firm in the United States

LeBron James doesn’t hold back when investing in stuff. This is the reason the business mogul has become a billionaire. Instead of seeking a quick payout, the Forward is always looking for equity shares, raking in more profits. But sometimes, it is not about profits. He also keeps a close tab on future innovations that can impact the current landscape of climate change and isn’t afraid to partake in such ventures, too.

In another such endeavor, he joined forces with Bill Gates, Mark Cuban, and some of his NBA colleagues for a noble cause.

LeBron James invested in a project tackling climate change

Carbon emissions come from various natural and man-made sources. To counter climate change, it is essential to cut carbon. Since carbon is spread almost everywhere, achieving a carbon-free environment is a transformational venture.

In that vein, As per Carbon Credits, Neutral Foods committed to this massive undertaking. They launched a project called Carbon Neutral Farming. The company is active in agriculture and has a ton of dairy partners. The company cut emissions by providing natural fodder to the cows. Therefore, they are not burping methane anymore. This is a novel venture considering the agricultural field has been overlooked in terms of climate change.

Apart from that, they also launched a milk chain that follows the carbon-neutral agenda. This milk chain serves more than 2,000 grocery stores and is one of the main reasons why it found big-shot suits. Mega-billionaire Bill Gates’ Breakthrough Energy Ventures is one of the major partners in this mission. 

Last year, LeBron James also decided to be a part of a group that is investing $12 million per year to help Neutral Foods cut carbon emissions.

Apart from him, his former All-Star teammate Kevin Love has also taken part as an investor. Philadelphia 76ers’ two-way Forward Tobias Harris has also been a part of this cause. Dallas Mavericks billionaire owner Mark Cuban also has his share.

Agriculture is the third-worst producer of carbons, the undertaking by Neutral Foods aims to make headways in the sector. With many dairy partners in its wing, it targeted milk because of its mass consumption. Because of their milk’s raucous reception, the company plans to bring meat and butter under its ambit too.

LeBron James’ interest in this venture arises from the Neutral Foods’ measures that target cutting down carbon footprints. Last year, LBJ also took part in another venture that is heading in the same direction.

James has been an active participant in the action against climate change.

He backed the formation of Palmetto, a startup that promotes clean energy. The company installs solar panels in mostly domestic spaces and aims to expand to bigger avenues. This is to reduce the dependency on exhaustive fuels gas and oil, notorious for skyrocketing carbon emissions. By partaking in this startup, the Los Angeles Lakers phenom joined an elite group that consists of music phenom Drake.

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Apart from Drake, bodybuilding legend Arnold Schwarzenegger, and musicians Bono and Billie Eilish also invested in Palmetto. 

James’ investments are both an environmental and economic move. In addition to slightly altering the downward course that climate is taking, the all-time leading scorer also generates a medium of wealth that can define the future of the planet.

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Do you think these James-based ventures will translate into a widespread clean energy revolution? Do share in the comments.