Lebron James, born in 1984, is a one of the all-time NBA stars that has made a name for himself. One of the major aspects many will remember him for in his profession is his ability to make it work in his favor financially. Lebron James net worth is estimated to be well over $300 million. Much of his net worth is from his ability to make the sport worthwhile. In addition to basketball, he has increased his wealth through marketing and advertising, which is evident with his enormous endorsements. As a youngster at the age of 18, he was able to secure his first endorsement with Nike. This deal increased his wealth by $90 million. However, this was for a period of over 7 years with each year giving $12.8 million. This was definitely a significant growth in his wealth especially at that age.
LeBron James Net Worth - $300 Million
Birth Name - LeBron Raymone James
Date of birth - December 30, 1984
Zodiac Sign - Capricorn
Birth Place - Akron, Ohio, U.S.
Nationality - American
Height - 6' 8"
Profession - Screenwriter, Television producer, Voice Actor, Basketball player
His first ten seasons in basketball, NBA, his income was well over $126 million which was earned from just his salary. More income was realized from endorsements within this period totaling to $326 million without his salary. Looking at this total, the amount is well over $450 but put into consideration that this amount is minus taxes and his expenses that do not count as assets.
In the year 2014, he made close to $72 million, which made a great statement among other celebrities. During this year, Forbes’ list of Most Powerful Celebrities ranked him second after Beyonce Knowles. Of the $72 million, $19 million was paid from his basketball career whereas the remaining $53 million was as a result of payment from endorsements which were not related to the court. As the year picked up, he managed to sign up for an increase in his basketball salary to be enforced in the year 2015. Looking at things, his wealth has been on the increase in the period leading to 2015 with the hope of upholding the trend in the future as well.
With a five start list of major sponsors such as Nike, McDonald’s, Coca Cola, as well as Beats by Dre, you can be sure that he is not about to go slow. All these are well known brands a more of household names. Other brands that have used him to endorse their products include Samsung, Dunkin Donuts, State Farm, and software giant Microsoft. When Beats was being sold off in the year 2014 for about $3 billion to Apple, James made enormous returns, as he was part owner of the company. His own share on the company's stocks was valued at $30 million from his 1% shareholding. His investment in the soccer club Liverpool cannot go unmentioned.
A contract with Nike pays him a salary of $20 million dollars every year as a salary and as royalty payments from his shoe line with the company. Looking at his overall growth, James is bound to make more money and increase his net worth in the near future. He started off very well and has lived up to his name by making great use of his talent on and off the basketball court. This later opened doors to more income ventures.