Why is Lebron James worth 500 million dollars? (Money Motivation)

Published: Oct. 6, 2020, 11 a.m.

Game 4 is 9pm Est, I\u2019m rooting for Miami

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James, 35, is among the highest-earning players in NBA history. He earned a record $92 million in the 12 months prior to October 2019, including $55 million from endorsement deals, according to Forbes. (https://www.foxbusiness.com/sports/lebron-james-net-worth)

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Lifetime Salary > $300 million so far with another $80 mil coming from current contract with LA Lakers

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Endorsements

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$1 billion lifetime contract w/ Nike

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Coca-Cola\u2019s Sprite, Walmart, Kia Motors and Beats headphones

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When Beats Electronics was sold to Apple for $3 billion, James cashed on his one percent stake in the company and took home $30 million from the sale (https://fanbuzz.com/nba/lebron-james-net-worth/)

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Business man (I\u2019m not a businessman, I\u2019m a Business, Man\u201d - Jay Z)

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invested a sizable portion of his earnings in business pursuits

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$765 million from his business interests 

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He owns 19 Blaze Pizza franchises

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A minority ownership stake in English soccer club Liverpool

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Owns a production company, SpringHill Entertainment

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Reproducing famed movie, Space Jam

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Owns the popular media brand, Uninterrupted

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Giving Back (https://www.forbes.com/profile/lebron-james/#4c083f3f2398)

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James teamed up with Cindy Crawford, Arnold Schwarzenegger and Lindsey Vonn in 2018 to launch Ladder, a health and wellness company

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The LeBron James Family Foundation opened its first elementary school in 2018 and plans to spend $41 million to send kids to college.

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