What LeBron James spends his $850 million net worth on?

LeBron James has played in the NBA for 18 years and will now play his 19th year, his earning on the court in total is $400m and $600m off the court, let’s take a look at how he spends his money.

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NBA all-time great LeBron James has played in basketball professionally more than most of our ages and has been the best in the league since his rookie year in 2004. LeBron James right now plays for the LA Lakers and has been a part of his hometown team Cleaveland Cavaliers and Miami Heat, he has earned 400 million dollars since he joined the NBA just from contracts with his team. He is was also named the second player ever to get a 1 billion dollar deal from Nike, the other two are Michael Jordan and Cristiano Ronaldo.

He is a 4 times champion, 4 times finals MVP, 4 times MVP winner, 2 times gold medalist, has the highest number of all-star appearances (17) and all NBA appearances (17), he has been 6 times all NBA defense teams these are just some of the accomplishments he has earned during his NBA lifetime and still has many more accomplishments.

INVESTMENTS

With all the earning on the court, LeBron is known for his IQ and savvy, business-minded mentality, he invested most of the money he earned through the NBA. He instead of investing 15 million in McDonald’s, he rather invested $1 million in a fast-growing fast-food chain in the name of Blaze Pizza for 10% of the business, after his investment the plaza has now 300 stores and is now worth %115 million itself. $ times champion is also in partnership with Fenway Sports Group, which owns the Boston Red Sox, Liverpool FC, half of Roush Fenway Racing, and 80% of the New England Sports Network. James became the owner of a famous soccer club at the premier league known as Liverpool, his $6.5 million investment turned into $44 million after they won the league title. Either in basketball or football James always makes sure that his team wins.

James and his best friend Maverick Carter formed SPRING HILL COMPANY in 2020 and since then they never looked back, they now estimated to be worth around $650 to $750 million, they are a Hollywood production company and have produced movies and shows like Space Jam 2 starring the man himself, More than a Game, What’s my name: Muhammad Ali and his famous podcast The Uninterrupted.

Why LeBron James' 'Space Jam 2' Is Summer 2021's Biggest Open Question
Spring Hill productions Space Jam 2 | image courtesy- Forbes.com

Now, these were all the smart decisions and investments done a by business-minded man to earn more money, but with all this money he sure has an expensive taste from Real Estate to watches to cars, etc. Let’s take a look at it-

WATCHES

He has a Rolex Yacht-Master 2 which costs around $65 grand that is 48,91,253 in rupees. He also has a Rolex Sky-Dweller which is price tagged at $33 thousand, and last but not the least watch owned by the 17 times Allstar is another Rolex day-date 2 which is another 30 thousand dollars.

Lebron wearing his $30k rolex | image courtesy- kingjames/ instagram

CARS

It is no surprise that a man with that kind of money doesn’t have luxurious cars, he owns many cars to his name, he has a fully restored 1975 Chevy Impala Convertible, he has a Bentley Continental GT, a fully customized Chevy Camero, and a dodge challenger but this is not it these are just old school cars he also has 3 Ferrari’s, an exclusive Ferrari 599, a Ferrari F430 and 458 Spider. It’s not over yet he also has a fully customized Lamborghini Aventador, a Rolls Royce Phantom, 2 Maybachs, and a Porche 911.

LeBron James' insane car collection worth over £2MILLION – including three Ferraris, a Lamborghini & a Rolls-Royce
LeBron in his Ferrari | image courtesy- The Sun

REAL ESTATE

James has spent roughly 100 Million Dollars on his real estate and has multiple, luxurious homes in California, his hometown Cleveland, Ohio. He owns a mansion costing 23,000,000 dollars in LA, Brentwood. He has a fortress of 9.2 million dollars in Ohio, Cleveland, another mansion owned by 17 times all NBA LeBron is in Miami where he won his first two championships, this estate costs around another $9m and is spread over 15,000 sq. ft. He recently also bought another mansion in LA in the Beverly Hills costing a whopping $36.75 million all these houses have all the luxuries like Theater, a bullying alley, a basketball court, swimming pools, a gym, and his favorite Wine Cellars.

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image courtesy- USA today

2 times Olympics gold medalist will be going in his year 19th this season and that is a no joke, average NBA player stays in the league for about 4.5 years and he has been doing at the highest of level, obviously, all this wear and tear throughout the season has been taxing on his body thus LeBron spends another 1.5 million dollars on his body to keep in shape and be ready for another season, he has a personal chef, a personal trainer, multiple post-workout muscle-relaxing machines, his rich nutrient diet, etc. cost him a fortune but earns him 100 times more than he spent.

image courtesy- kingjames/ instagram

James has always been giving back to the community, he has always been there for his community by either using his platform to raise his voice or to use his money to bring up the society from economically backward classes. He recently opened up a school ” I Promise” in his hometown Cleveland, Ohio, which costs around $8m, the school and James’s foundation will in-house students who are living in at-risk areas by 2022, he has also donated to many organizations like 1×1 who focuses on the child’s need of food, water, educations, etc. He also gave 2.5 million dollars to Muhammad Ali’s museum of African-American History and Culture.

LeBron James has one more career-defining moment in his home state, opening a public school in Akron - Los Angeles Times
LeBron’s I PROMISE school | image courtesy- LA times

 

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