He's already well on his way to exceeding Michael Jordan's net worth. LeBron James' net worth is $500 million as of 2021. He signed a $1 billion lifetime contract with Nike. In 2020, he'll be able to sell all of his remaining apparel from Under Armour for more than $100 million.
In 2016, Forbes estimated his net worth at $300 million. His salary that year was $35 million.
LeBron's net worth has increased by nearly $100 million since then due to his massive endorsement deals. In 2021, he will have earned over $1 billion since entering the NBA in 2003.
His personal business interests include real estate, music, and sports equipment companies. He also owns a minority stake in a basketball team in Spain called LBH Dream Team.
LeBron James announced his retirement on April 23, 2018 after losing in the NBA Finals for the third time in four years to the Boston Celtics. The announcement came one day before his 29th birthday.
Since then, he has been involved in several projects including a lifestyle brand, LoveWhatMedia? , and a documentary film about his career named "LeBron James' Season Zero".
While Jordan has a bigger net worth than James currently, he amassed the majority of his fortune after retiring from the NBA. Since being chosen in 2003, James has earned $330 million for his on-court efforts. That means the remainder of his earnings have come from sponsorships, goods, licensing, his media company, and acting. If James kept playing at the level he has over the last three seasons, his net worth would be closer to $400 million by now.
When it comes to raw talent, few players are better than James. From an early age, he showed an interest in basketball that most boys don't have - he wanted to be like his idol, Michael Jordan. While many young boys want to play baseball or football, James wanted to spend his time on the court. This obsession with the game helped him become one of the best players in the world.
After graduating high school, James went straight into the NBA without any college experience. This was a huge risk for him, as many people believed he wasn't ready for such a big stage. However, he proved them wrong by averaging 27.4 points, 6.8 rebounds, and 5.3 assists per game during his first season. He also led the Cleveland Cavaliers to the playoffs as a rookie.
Since then, James has won several awards including the MVP Award in 2006 and 2007. In 2014, he became the first player to earn $100 million or more in career earnings.
Age, Height, Wife, Son, and Salary of LeBron James in 2021
Net Worth in 2021 | $500 million |
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Birthday | December 30, 1984 |
Age | 36 years old (as of 2021) |
Occupation | Professional basketball player |
Sun Sign | Capricorn |
James' net worth is estimated to be $450 million by Forbes. The top ten NBA earners are expected to earn $540 million in 2019 through wages, endorsements, appearances, royalties, and media partnerships. Overall, the NBA has more than 30 million fans around the world.
LeBron James was born on January 24th, 1984 in Akron, Ohio. He is an American basketball player who plays for the Los Angeles Lakers of the National Basketball Association (NBA). His position is forward/center.
He debuted with the Cleveland Cavaliers on February 21st, 2004 and played there until 2010, when he joined the Miami Heat. In 2011, he returned to the Cavaliers, where he won his first championship. In 2017, he left the Cavaliers for the Los Angeles Lakers; however, he signed with the team again in 2018 after it became clear that he would not be able to play for any other team during the 2019 season due to the "LeBron Rule" implemented by the league in order to prevent one star player from dominating the market.
As far as earnings are concerned, it is estimated that James earns about $50 million per year. However, this estimate does not include sales from his merchandise or licensing deals which can bring in much more money.
How much money will Michael Jordan have in 2020? According to Forbes, Jordan is worth $2.1 billion as of May 2020, making him the world's richest retired professional athlete. On Forbes' list of billionaires, the 57-year-old is placed No. 1,001. He became a millionaire after growing his ownership position in the Charlotte Hornets in 2014.
He has had more than one competitor for the title of world's richest retired athlete throughout his career. Recently, however, it is believed that Jordan has been surpassed in wealth by Kobe Bryant and LeBron James.
Bryant was estimated to be worth $450 million in 2016 while James was valued at $750 million. Both players retired earlier this year after winning multiple championships with their respective teams (Los Angeles Lakers for Bryant and Miami Heat for James).
It is noted by Forbes that the value of Jordan's estate will continue to rise since he still has many years left in the NBA retirement phase of his life when his income will come only from investments. His fortune will also increase due to the fact that he can pass on his assets to his children.
Jordan was born in Philadelphia on January 4, 1971. He played basketball for the University of North Carolina at Chapel Hill where he led the Tar Heels to three consecutive national titles from 1990 to 1992.