Even though he won't be playing in the NBA finals this year, he's still a billionaire.
Forbes says that the Los Angeles Lakers star has joined the three-comma club after earning another $121.2 million over the last year. He is the first active NBA player to make a lot of money.
Michael Jordan became a billionaire more than a decade after he retired as a player.
Spotrac says that James has earned $387 million in salary during his career. According to Forbes, he has earned over a billion dollars in endorsements since he entered the league.
Over his 19 year playing career, James has embarked on a number of lucrative business ventures. He signed a lifetime deal with Nike that is said to be worth more than $1 billion on its own, though it was never confirmed by James. Forbes reported that he has a stake in the SpringHill production company.
Forbes estimates that James' 10% stake in the Blaze Pizza chain is worth $30 million. The sale of Beats to Apple resulted in a windfall for him because he owned a small portion of the company.
According to Forbes, he has $80 million worth of property, including a $37 million mansion in Beverly Hills.
James' net worth will continue to grow. The star is in the final year of his contract with the Lakers and is eligible for a two-year extension.
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The star of 'Stranger Things' waited a long time to make his first purchase.
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