The King of the NBA, LeBron James, has made his name among basketball players who are billionaires. However, the most interesting part is that he has achieved this while still playing in the NBA. According to Forbes, the Lakers star has a net worth of $1 billion at the age of 37.

Additionally, he is the first active NBA player to be a billionaire in the NBA’s history. Specifically, he earned $1.2 billion in pretax earnings, which contributed to his increased net worth. By launching and investing in many companies, he has built his empire in the business world.

Last year alone, he earned $121.2 million from companies like Lobos Tequila, Uninterrupted, and Spring Hill Entertainment. Aside from that, Forbes also ranked him as the world’s second-highest-earning athlete.

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His endorsements for brands such as Nike, AT&T, PepsiCo, and Walmart have also contributed a great deal to his net worth. Besides basketball and business, he has made millions with his latest film, “Space Jam: A New Legacy.”

It earned him $163 million worldwide last summer. He has investments in some major companies as well, which have contributed to his current net worth.

In this interview, Skip Bayless talks about LeBron James’ accomplishments 

Only two players before James in the NBA have ever reached the milestone of becoming a billionaire. The Chicago Bulls legend, Michael Jordan, who surpassed the mark in 2014, and Kobe Bryant. As a result of his accomplishment, even his fiercest critic emotes heartfelt praise for the newly crowned billionaire Lakers star. Skip Bayless said this during his conversation on “Skip and Shannon: UNDISPUTED”. 

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“This is a supreme achievement by a still young man who grew up without a father, raised by a mother who had him at 16 in Akron, Ohio. Supreme achievement to rise above that to the pedestal upon which he rests in the business world. It gives me chills to talk about it.”

His success is the result of years of hard work and dedication to his game, as well as the contributions he has made over all these years. Let us know what you think about this in the comments section below.