LeBron James is officially a billionaire

LeBron James, 18 time nba All-Star, 4 time NBA champion, 2 time olympic gold medalist, has taken another step forward, this time doing something no other nba player has ever done.

After another monster year of revenue - totaling $121,2 million last year - Forbes believes that James has officially become a billionaire, while still playing hoop.

The 37-year-old superstar has a net worth of $1 billion, according to the tally of Forbes. James, who misses the playoffs for only the fourth time in 19 seasons, is the first active NBA player to make the billionaires list. (Michael Jordan, basketball's only other billionaire, didn't reach ten figures until 2014, more than a decade after his retirement, thanks to a timely investment in the Charlotte Hornets basketball team.).

“This is my biggest milestone”, James told GQ in a prophetic 2014 interview. " Obviously. I want to maximize my business. And if I happen to get it, if I happen to be a billion dollar athlete, ho. Hip hip hooray! Oh, my God, I'm going to be excited. ".

That's exactly what James did: he maxed out his business, to the tune of over $1,2 billion in pre-tax profits. He received over $385 million in salary from the Cleveland Cavaliers, Miami Heat and Los Angeles Lakers as the NBA's highest-paid active player. Off the court, he has raked in over $900 million in revenue from endorsements and other business ventures.

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Written by JenJam

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