What is LeBron James’ Net Worth?
LeBron James is an American professional basketball player and a successful entrepreneur who has a net worth of $ 1 Billion (INR 83,09.03 Cr). As per Forbes Records, He is now a billionaire officially.
After setting the high school basketball world he left the college and was drafted as the #1 pick by his hometown team, the Cleveland Cavaliers, in the 2003 NBA Draft.
He played for the Cavs from 2003 to 2010. He then joined Miami, where he played for the Heat from 2010 to 2014.
He came back to the Cavs from 2014 to 2018, winning a championship in 2016. In 2018 he moved to the Los Angeles Lakers & won a championship with LA in 2020.
|Real Name||LeBron Raymone James Sr.|
|Birth Place||Akron, Ohio.|
|Birthday||30th December 1984.|
|Source of Income||Professional basketball player.|
|Age||38 years. (As of 2023).|
|Father’s name||Anthony McClelland.|
|Mother’s name||Gloria Marie James.|
|School||St. Vincent-St. Mary High School.|
|Height||6 feet 9 inches /206 cm.|
|Weight||113 Kg / 250 Lbs.|
|Wife||Savannah Brinson ( 14th September 2013 )|
|Children||They have three children: sons Bronny (b. 2004) and Bryce (b. 2007) and daughter Zhuri (b. 2014).|
|Monthly Income||$ 34,24,515.15 (INR 26,13,33,374.00).|
|Yearly Income||$ 4,10,94,181.75 (INR 3,13,60,00,488).|
52.7 Million Followers
( Ranks in 26th position in the most followed Twitter Account in the World).
158 million followers
( Ranks in 30th position in the most followed Instagram Account in the World).
27 Million followers
|Net Worth|| $ 1 Billion (INR 83,09.03 Cr)|
(As of 2023 September according to Forbes Real data ).
|Last Updated||September 2023|
James was born on 30th December 1984 in Akron, Ohio. When he was just a few months his mother gave him a miniature hoop and basketball which he played with for hours. Soon, basketball became his life and when he was old enough to play for his elementary school he explored his talent immediately on the court.
He studied at St Vincent-St Mary High School where he became the youngest person ever to join the USA Today All USA first team.
It was also around that time he became known as “King James” & started appearing on the cover of “SLAM” magazine and Sports & was still in high school. It was clear to everyone that he was destined to be an NBA superstar
His annual base salary is $ 41.1 million ( INR 3,12.41 Cr).
Outside of sports, he is one of the highest-earning and globally powerful celebrities on the globe. He earns more than $ 50 million ( INR 3,80.06 Cr) per year.
Along with that, he has endorsements of a $1 billion ( INR 76,01.35 Cr) lifetime contract with Nike. He has converted his fame and wealth into a business empire, with investments in a number of startups.
- First Nike contract paid $ 90 million (INR 6,84.12 Cr) over 7 years.
- Turned down a larger contract with Reebok.
- He earns $60 million ( INR 4,56.08 Cr) per year from endorsements
- He earned $ 450 million ( INR 34,20.60 Cr) from salary and endorsements in first decade in the NBA.
- He makes $ 42.5 million ( INR 3,23.05 Cr) per year in base NBA salary.
- He has earned $700 million ( INR 53,20.94 Cr) during his career so far from salary and endorsements.
- Along with that he also owns $80 million ( INR 6,08.10 Cr) worth of real estate.
During his first 10 seasons in the NBA, James earned just over $126 million ( INR 9,57.77 Cr) in salary alone. During that time he also earned an estimated $326 million (INR 24,78.04 Cr) from endorsements.
That’s $452 million ( INR 34,35.81 Cr) from his first decade as a professional. He signed a two-year $85 million ( INR 6,46.11 Cr) contract extension with the Lakers. By the time his contract is up in 2023, he will have earned $428 million ( INR 32,53.37 Cr) in NBA salaries.
As of this writing, he has earned over $700 million ( INR 52,20.94 Cr) from contracts and endorsements during his career.
He has endorsement deals with various companies including McDonald’s, Microsoft, State Farm, Beats by Dre, Coca-Cola, Dunkin-Donuts, Baskin Robbins, Samsung, Nike and many more.
In addition to endorsing Beats by Dre, he also owned 1% of the company. He earned royalty payments totalling $1 million ( INR 7.60 Cr) during his years as a spokesman. When the company sold to Apple for $3 billion (INR 2,28,04.05 Cr) he received $30 million (INR 2,28.04 Cr).
He signed his first Nike endorsement deal at the age of eighteen years old. The deal paid $90 million (INR 6,84.12 Cr) over seven years, $12.8 million ( INR 97.29 Cr) per year. He actually was offered $ 115 million (INR 8,74.15 Cr) to sign with Reebok.
Today he earns $20 million (INR 1,52.02 Cr) per year from Nike in the form of salary and royalty payments for his signature shoe line.
In December 2015, he signed a lifetime endorsement deal with Nike that could be worth more than $1 billion ( INR 76,01.35 Cr).
As most people know, he skipped college and went straight to the pros as the first pick of the 2003 NBA draft by his hometown team, the Cleveland Cavaliers. His first contract paid $ 18.8 million (INR 1,42.90 Cr) over 4 years.
He also signed a three year $60 million ( INR 4,56.08 Cr) extension with the Cavs before the 2007-2008 season that topped his annual salary from $ 5.8 million ( INR 44.08 Cr) to $13 million, $14.4 million and finally $15.8 million for the 2009-2010 season. When LeBron moved to Miami, he took a lower-than-market rate of $110 million over six years. In his first season with The Heat, he actually earned $1.2 million LESS than what he was making in Miami
In 2016, fresh off winning the NBA championship, LeBron signed a three-year $100 million deal with the Cavs.
Assuming he signs at least one more three-year NBA contract before retiring, by 2024 his total NBA salary earnings will be roughly $350 million. By our estimate, if he follows in the footsteps of legends like Michael Jordan, Magic Johnson and Kobe Bryant, his net worth will surpass $1 billion in 2035 when he is 51 years old.
During his first season, he was the youngest player to ever score 40 points in a single game, as well as the youngest player ever to be voted Rookie of the Year. In addition to playing for the Cavaliers, he has also played for the United States Olympic basketball team and won bronze and gold medals at the 2004 and 2008 Olympics, respectively.
Personal Life and Real Estate
James has three children with his high school sweetheart Savannah Brinson.
When they lived in Miami, the James family owned a $9 million mansion overlooking Biscayne Bay in Coconut Grove.
In November 2015 he bought a 9,350 square-foot mansion in LA’s Brentwood neighbourhood for $21 million. At the time it was the highest price paid for a home in the neighbourhood. He attempted to sell this home for about a year, but ultimately accepted a slight loss when he sold it in September 2021 for $19.6 million.
In November 2017 LeBron plunked down $23 million for a new mansion in Brentwood.
In September 2020 he paid $36.8 million for a mansion in Beverly Hills.
Back in Ohio, he owns one of the most expensive homes in the Cleveland area. Located in Bath Township. The home, which LeBron had custom-built, is valued at $9.5 million by Ohio tax authorities. It has 20 total rooms in 30,000 square feet of living space. He bought the property back in 2003 when he was 18 fresh after joining the NBA.
He along with his business partner Maverick Carter are the co-founders of the production company SpringHill Entertainment.
In 2012 he decided to invest in a pizza startup called Blaze Pizza. At the time he was under contract with McDonald’s. In 2017, he actually turned down a $15 ( INR 1,14.02 Cr) million extension offer from McDonald’s so he could go all-in with Blaze Pizza. His equity stake at the company’s latest valuation is worth $40 million ( INR 3,04.05 Cr).
In 2011, he struck a deal to acquire a 2% stake in Liverpool F.C. from the club’s majority owners, the Fenway Sports Group (owners of the Red Sox). In the years since the deal was struck, Liverpool won the UEFA Champions League tournament and has grown to be worth $2 billion ( INR 1,52,02.70 Cr); his stake is worth at least $40 million ( INR 3,04.05 Cr).
Q. Who is LeBron James’ wife?
Ans:- His wife’s name is Savannah James.
Q. How much is LeBron James’s age?
Ans:- He is now 38 years old. (As of 2023).