LeBron James added to his long list of achievements in the basketball arena when he scored 38 points against the Los Angeles Lakers and surpassed the record of Kareem Abdul-Jabbar, writes Bloomberg.
He’s also become a billionaire and still dominates the league he’s been playing in for two decades. James’ net worth is about $1.1 billion.
His fortune comes from his National Basketball Association salary – tens of millions of dollars a year in recent seasons – as well as sponsorships, investments, and his own consumer goods and entertainment business, SpringHill Co.
SpringHill was recently valued at about $725 million after James and business partner Maverick Carter sold a minority stake to a group of investors, including Nike Inc, with whom James signed a sponsorship in late 2015. The deal is expected to net James $1 billion over his lifetime.
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