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How rich is LeBron James? Here's a breakdown of his wealth.

How rich is LeBron James? Here's a breakdown of his wealth.

CBSN
Thursday, September 29, 2022 7:04 PM GMT

LeBron James' move this week to buy into a professional pickleball team is unlikely to weigh heavily on his pocketbook.

The Los Angeles Laker star became a billionaire earlier this year due to his mix of real estate holdings, ownership in sports teams, and many sponsorship and endorsement deals, according to a Forbes estimate that pegged his net worth at $1.2 billion. That milestone is one James has been working toward for almost a decade. In a 2014 interview with GQ, he said he was working to maximize his business ventures and that he would be excited to one day hit the billion-dollar mark.  

James' endorsements and business ventures have generated about $900 million in income, Forbes estimates. Then there's basketball. James, who will start his 20th season in the NBA next month, has played for three teams and earned $385 million in total salary on the court, Forbes reported. More recently, he signed a two-year contract with the Lakers worth $97.1 million in a deal that made him the highest-earning NBA player in history, according to Bloomberg. 

Read full story on CBSN
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