Can LeBron James become a Billionaire? This is a big question that is in the mind of many of his fans. Those people who know the current LeBron James net worth would know that although it is quite possible for the basketball legend to become a billionaire, there is still a long way to go. Today we are going to take a look at the different ways in which Lebron James can increase his net worth and become a billionaire.
According to the recent reports the LeBron James net worth in the year 2017 is a little more than $300 million. This is surely an astonishing amount of net worth and this makes LeBron James one of the richest athletes in the world. But it is a long way from a billion dollars. The fact is that LeBron James is at the twilight of his basketball career. And the superstar has only few years of the game left in him. We can expect LeBron James to retire in 2018, 2019 or at most in the year 2020. Can he become a billionaire by the time he requires? Well, the answer to this question is simple. No! Why is that? The reason behind this is simple. The current salary of LeBron James will not take him to the status of a Billion dollars even if he continues to play for another 5 years. With his huge salary and with the lucrative brand endorsement deals that he currently has, we can expect him to cross the mark of half a billion dollars by the time he retires.
So LeBron James has to do something after his retirement that would take him to the mark of a billion dollars. In order for the Lebron James net worth to be in billions, the player must have some pretty good business acumen. He needs to invest his money in some pretty lucrative businesses and then grow those businesses. He can achieve the billion dollar mark by teaming up with some popular mainstream brand like Nike or Adidas and by launching his own line of products. He can get a handsome share from the sale of those products. This is one of the way he can maximize his wealth and become a billionaire. However, there are many other ways as well. But one thing is for sure, that Lebron James has to make some smart decisions after his retirement in order to prove himself a billion dollar man.