LeBron James‘ net worth is increasing due to his success in the NBA and his investments. James’ ownership of the soccer team Liverpool also contributes to the growth of his net worth. The club has expanded since LeBron and his business partner Maverick Carter purchased 2% of it.
According to Forbes, Liverpool is worth $4.1 billion and makes $619 million annually. LeBron’s 2% investment makes the stake’s yearly value around $44 million. As the owners of Liverpool become minority shareholders in Fenway Sports Group, that ownership will continue to increase.
LeBron James will only increase his wealth by owning the Boston Red Sox, Fenway Roush Racing in NASCAR, and the New England Sports Network.
Carter stated, “LeBron and I have learned so much working with Fenway Sports Group over the last decade about the business on a global scale, and we’ve always felt it will lead to something greater.”
We are thrilled about the changes that will allow us to continue bringing about change and enable individuals from all races, genders, and backgrounds to participate in the process. We are delighted to be a part of this illustrious ownership group.
How much money did LeBron James have when he invested in Liverpool FC?
LeBron James’ net worth wasn’t as high in 2011 as it is now. He still had a lot of money, however. It was primarily due to his actions as an NBA player. Although he also earned money from other commercial ventures, the NBA was where he generated most of his income.
LeBron James hasn’t always had the wealth he enjoys today, particularly when he was younger. It has meant a lot to him to reach this position in his life:
James said in a podcast on his website, UNINTERRUPTED, “My uncles always taught me – they taught me how to establish a savings account.”
“Listen, nephew, go spend 35 cents of it and keep the other 65,” they would say after handing me a dollar. Or, if they offered me two bucks, they would say, “Spend one of them, but keep the other one.”
LeBron is an outstanding businessman in addition to having a crazy basketball career. LeBron has come to the absurd conclusion that he could be a better businessman than an NBA player:
“I have a lot to offer the game. I am aware of what it takes to succeed at this level. James proclaimed to interviewers, ‘I recognize talent.’ I also have business management skills. So, that is what I’m aiming towards. My ultimate dream is to purchase an NBA team, and I plan to do it shortly.“
LeBron James has even made a few trips to Liverpool FC over his life. They have some of the top soccer players in the world, which is fascinating.