Trace the king’s $1.2 billion empire and its year-on-year growth so far

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LeBron James has continued to break down barriers throughout his historic NBA career. After being drafted by the Cleveland Cavaliers at just 18, James’ career officially took off. Since then, he has not only won four NBA championships but also amassed an incredible fortune.

Much of James’ wealth comes from making wise business decisions. With the help of trusted advisors and mentors, James has truly carved out a place for himself in the business world.

From business investments and endorsements to his contracts with NBA teams, James has had no shortage of sources of income. In this article, we are going to see how LeBron James managed to build himself and his family a billion dollar empire.

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“Must be the shoes!” Much like NBA legend Michael Jordan, one of the biggest deals LeBron James signed was a contract with Nike. After signing a rookie contract with Nike, his shoes quickly became one of the most popular in the country. This led to James signing a lifetime contract with the brand.

Along with the lifetime deal with Nike, LeBron James made some pretty big decisions that had big payoffs. One of the first was to invest in Beats Electronics, which was eventually acquired by Apple 10 years into James’ career.

According to CanKnowledge.com, James’ net worth growth from 2017 is reported as follows:

2017: $550 million

2018: $630 million

2019: $680 million

2020: $720 million

2021: $790 million

2022: $850 million

With growth of nearly $850 million in 2022, James’ total net worth, including investments. was $1.2 billion. According to Forbes estimates, James became a billionaire this summer.

But who manages all this money and helped LeBron James achieve billionaire status?

A look at the key people who handle LeBron James’ money

It’s no secret that LeBron James made sure to take his friends with him on the trip. Throughout his career, James has set his friends up for success time and time again.

Most notably, James’ longtime friend Rich Paul took over Klutch Sports’ reign as founder and CEO. As well as being James’ agent, Paul manages some of the best players in the league.

James’ longtime friend, Maverick Carter, also helped grow his fortune. With a hand in many business relationships, and the creation of the Uninterrupted Network.

Last but not least, another longtime friend, Randy Mims, was the creative mind behind James’ success. James’ Emmy Award-winning chief of staff helped produce the “More Than an Athlete” and “Space Jam 2” series.

What are some of the key investments that make up LeBron James’ net worth of over $1 billion?

LA Lakers forward LeBron James
LA Lakers forward LeBron James

James hasn’t slowed down since achieving billionaire status. On the contrary, it intensified its trade relations. In recent years, his net worth has absolutely exploded, largely due to active investments.

James and Carter’s company, Uninterrupted, produces some of the most-watched sports podcasts with no signs of slowing down. “The Shop,” which features panel discussions with major celebrities, helped Uninterrupted claim its place in sports media.

James has also dabbled in the restaurant industry. Blaze Pizza, which acquired a massive investment from McDonald’s, quickly became one of the largest pizza chains in the country.

The greatest of all LeBron James’ endeavors, however, is his investment in Fenway Sports. Through the group, James has an active investment in some of the biggest sports franchises in the world. From Liverpool FC to the Boston Red Sox, James’ net worth has continued to rise thanks to this investment.

With no signs of stopping anytime soon, James recently announced his desire to own his own NBA franchise. The only thing he’s waiting for is for the NBA to announce an extension.

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Edited by Joseph Schiefelbein

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