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LeBron James Net Worth 2020 and Biography

LeBron James Net Worth 2020 and Biography 1

Here you will read about LeBron James’ net worth 2020 including his biography which contains complete information about the popular basketball player.

LeBron James is a household name when it comes to Basketball, he has many records.

Who is LeBron James?

Born LeBron Raymone James Sr. simply known as LeBron James is an American professional basketball player and entrepreneur who plays for the Los Angeles Lakers of the National Basketball Association (NBA).

LeBron James is one of the greatest NBA players. He is being compared with legendary Michael Jordan in a debate to determine the greatest basketball player of all time.

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LeBron James Personal Information

Full NameLeBron Raymone James Sr.
Date of birthDecember 30, 1984 (age 35)
Place of birth Akron, Ohio, US
GenderMale
NationalityAmerican
OccupationBasketball player, entrepreneur
Height6 ft 9 in (2.06 m)
Weight250 lb (113 kg)

LeBron James Biography: Early Life

LeBron James was born on December 30, 1984, in Akron, Ohio. He was cared for by his mother Marie James who struggled to find a good job.

When he was 9-year-old, the mother handed him to Frank Walker, a local youth football coach, who brought LeBron James into basketball.

LeBron James attended St. Vincent–St. Mary High School, Akron, Ohio.

LeBron James Biography
LeBron James net worth 2020
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LeBron James and mother

He started playing organized basketball for the Northeast Ohio Shooting Stars in the Amateur Athletic Union (AAU).

LeBron James Career and Earning

LeBron James played for Cleveland Cavaliers, Miami Heat, and currently plays for Los Angeles Lakers.  

He became the only player in history to win the NBA championship with the three teams as final MVPs.

LeBron James earned an estimated $18.8 million from his four years rookie contract with Cleveland Cavaliers before getting a $60 million three years contract extension.

James later signed a $110 million six-year contract with Miami Heat, winning two championships.

LeBron James Biography
LeBron James net worth 2020
LeBron James education
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LeBron James in action

At the end of the 2014 season, LeBron James returned to Cleveland Cavaliers, signing a $100 million deal for three years. 

In 2018, James took another step in his career, moving to LA Lakers with a deal worth $154 million.

LeBron James Net Worth 2020: Endorsements and Investments

LeBron James has endorsement deals with popular brands, making good money out of the endorsement deals.

Endorsements

He has an endorsement with the following brands:

1. McDonald’s

In 2010, James signed an endorsement with McDonald’s which ended in 2015.

LeBron James left his $15 million deal with the popular fast-food chain to market Blaze Pizza, a fast-food pizza chain that he was already an investor in 2012.

2. Nike

James first signed a 7-year Nike shoe deal worth $87 million, while he was still a rookie.

In 2015, he later signed a lifetime deal with Nike which will rise to $1 billion. The deal will continue even after his playing career.

3. Beats by Dre

In 2008, LeBron James invested in Beats by Dre which he made approximately $30 million when the headphones company sold to Apple for $3 billion

James silently made $700 million in return, according to his former Cleveland Cavaliers teammate, Kendrick Perkins.

However, Kendrick Perkins claims have not been verified by LeBron James.

4. Coca-Cola

In 2003, while James was playing for Cleveland Cavaliers, he signed a six-year deal with Coca-Cola to endorse its Sprite and Powerade brands.

Other Endorsement deals

LeBron James had endorsements with other brands such as Microsoft, Kia, Samsung, and Dunkin

Investments

Some of LeBron James investments are:

1. Blaze Pizza

It’s no surprise that LeBron James is not only interested in basketball, but he likes to invest in brands.

In 2012, he invested $1 million into a growing pizza chain “Blaze Pizza”. James opened restaurants in Miami and Chicago.

His stakes at Blaze Pizza now worth more than $35 million.

2. Liverpool FC

In 2011, LeBron James received a 2% stake in Liverpool. The Football club value has grown and James investment has grown times six the original value.

In May 2019, Forbes estimated Liverpool’s value to be $2.13 billion, which means LeBron James’ stake would now be worth around $43.6 million.

The value is expected to rise after Liverpool won its first Premier League title.

LeBron James Biography
LeBron James net worth 2020
LeBron James education
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LeBron James in Liverpool Jersey

In 2006, James launched LRMR Ventures to take control of his marketing. In 2008 he came up with a Hollywood production, SpringHill Entertainment. With TV shows such as The Wall and Survivor’s Remorse while working on remakes of the films House Party and Space Jam.

In 2015, he launched Uninterrupted and Time Warner invested $15.8 million into the digital media company.

Lebron James net worth 2020

LeBron James net worth 2020 is estimated at $450 Million. He has earned a massive salary since he joined NBA including mouth-watering endorsement deals.

The basketball player and entrepreneur has made fortunes from his talent. He is an investor.

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