LeBron James, whose spectacular 19-year NBA career has gained him international accolades and recognition as one of the best basketball players of all time, made history yet again in 2023 when he became the first active NBA player to have a net worth in excess of $1 billion. Due to his modesty and genuine attitude, this astounding achievement by the Black American professional basketball player, recognized for his remarkable adaptability on the court, has endeared him to admirers worldwide.
Here are the five companies in which the accomplished businessman and athlete has a stake:
1. Fenway Sports Group
When James and his trusty ally, Maverick Carter, bought ownership stakes in the Boston Red Sox and Liverpool Football Club, they made headlines. This huge accomplishment was made possible by their investment in Fenway Sports Group, which solidified their position as co-owners alongside this prestigious organization.
2. SpringHill Company
LeBron’s entry into the film industry is being handled by SpringHill Entertainment, a company whose name was inspired by a Section 8 housing development where James grew up. SpringHill Entertainment has produced television shows such as “Survivor’s Remorse,” “The Wall,” and “The Shop,” as well as films such as “Hustle” and “Space Jam: A New Legacy,” in which James starred. SpringHill Entertainment is worth around $300 million, according to Forbes.
3. Blaze Pizza
James and his partners made their first foray into the pizza sector in 2012, with a small investment in Blaze Pizza. They spent roughly a million dollars to buy a modest pizza shop and turn it into a booming business. LeBron’s engagement with Blaze Pizza has grown, with the basketball legend being spotted behind the counter at Blaze’s Pizza, assuming the identity of “Ron.”
4. UNINTERRUPTED
James founded UNINTERRUPTED in reaction to a harsh statement made by Fox News’ Laura Ingraham, who advised James to “shut up and dribble.” As a result, James established his own media platform in order to control the narrative surrounding his interests. UNINTERRUPTED has developed from brief social media videos to podcasts and hour-long feature films under the phrase “More Than An Athlete.”
5. Ladder Supplements
Ladder, one of James’ lesser-known properties, is a partnership between him and his trainer, Mike Mancias. Ladder describes itself as a “sports nutrition company dedicated to creating high-performance, NSF Certified for Sport® workout supplements for daily use.” It creates items to supplement a solid nutritional basis and take training and exercise to the next level. Arnold Schwarzenegger, the famed actor and bodybuilder, is LeBron’s partner in this project.