Following the conclusion of his 19th NBA season, Los Angeles Lakers star LeBron James has become a billionaire, the first active NBA player to achieve the milestone.
for less than $1 million. His investment is now worth around $30 million. In 2011, James’ sports marketing group got involved with Fenway Sports Group, which owns the Boston Red Sox, Liverpool FC, and Fenway Park. Forbes estimates that his investment is now worth $90 million.
"It’s great to be with such a great group, with FSG. They’ve done so many great things over the year, and just that collective group of people, they’re just amazing to be partners with," James said,. "As far as the Red Sox, obviously a historical franchise and we know the history of the World Series championships that they’ve brought home to Boston and players that have come through there and the legacy that they hold in that area.
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