LeBron James Is Officially A Billionaire

in favor of what he saw as the better long-term partner. Good call. After more than a decade of success, he struck a lifetime agreement with Nike in late 2015 that pays him tens of millions annually.

Then there’s SpringHill, the TV and movie production outfit built by James and business partner Maverick Carter. Last October, outside investors including Boston Red Sox owner Fenway Sports Group and Epic Games bought into the venture–which helped produce the $163 million –at a $725 million valuation. James, of course, remains the biggest shareholder.ForbesScreen time: James has two dozen acting credits, per IMDb, most notably as the star of 2021's Space Jam: A New Legacy.

to a handful of investors, including RedBird Capital Partners, Fenway Sports Group, Nike and Epic Games. James is the company’s largest single shareholder, although his stake is believed not to exceed 50%.–starring James–and a recent Netflix docuseries about tennis star Naomi Osaka, is currently working on a biopic about James’ early days and a remake of the 1990 comedyRight-hand man: James’ business partner Maverick Carter, pictured on the left, runs his empire.

James grabbed a minority stake in Liverpool F.C., the English Premier League soccer team, in 2011, when his sports marketing business entered into a partnership with Fenway Sports Group. Last year, he and Maverick Carter exchanged their stakes in Liverpool for a part ownership of FSG. James is estimated to own around 1% of the group, which owns the Boston Red Sox, Fenway Park and Liverpool, plus half of Roush Fenway Racing and 80% of the New England Sports Network. In late 2021, FSG agreed toJames has lived like a billionaire for years. He owns at least three properties, worth about $80 million in all. He built a $10 million mansion near his hometown of Akron, Ohio. He bought an 8-bedroom spread in Los Angeles’ tony Brentwood neighborhood in 2017 for $23 million.

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