In reaching the billionaires' club at age 36, James achieved something even Michael Jordan didn't do during his playing career.
His financial success can be chalked up to a number of different factors. Aside from his contract with the Los Angeles Lakers, James has reportedly invested wisely and racked up lucrative endorsements throughout his career.
LeBron James is the first NBA athlete to become a billionaire while still actively playing. In this photo, James is pictured at the world premiere of 'Space Jam: A New Legacy' at the Regal LA Live in Los Angeles, California, July 12, 2021.Space Jam: A New LegacyThe news was first reported of James hitting the ten-digit mark on Thursday indidn't achieve this financial level before James.
While Jordan does have a higher net worth than James now, he collected most of his wealth after he retired from the NBA. As Badenhausen pointed out on, Jordan wouldn't even have reached the billionaires' club during his playing days if his earnings were adjusted for inflation. He would fall a little short of $1 billion during his career, although thanks to his ever-popular brand with Nike, he's now at around $2 billion.
LeBron is 1st NBA star with $1 billion in career earnings--salary/endorsements--while still active. Next up among current players:
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