By Florence Gaitho Jan 19 2014
LeBron James Net Worth Is $120 Million
LeBron James is an American athlete and entrepreneur. He plays professional basketball for Miami Heat of the National Basketball Association (NBA). His current net worth is $120 million, which was derived from NBA. He takes home a salary of about $17.9 million and additional $42 million in endorsements every year. He is currently the biggest endorsement star in the NFL, all thanks to the deals he has with Samsung, Coca Cola, McDonalds and Nike among other major companies. Forbes Magazine also ranked him as the 4th highest paid athlete in the world in 2013.
LeBron owns 2 homes – a coconut groove mansion in Miami, Florida, and a beautiful mansion in Ohio. The world-renowned basketball player purchased the coconut groove mansion in 2010 for $9 million. This luxurious mansion spans an area of about 15, 000 square feet. As for the Ohio Mansion, it is a 35, 400-square-foot home, which he purchased for a price of $2.3 million in 2009. LeBron purchased the house during the time when he was playing for the Cleveland Cavaliers.
LeBron also owns a number of luxurious cars, starting with the beautiful Ferrari F430 Spider, which was customized for his build. He also owns a white Maybach 57S that has a number plate that says “King of Ohio”. Other cars under the LeBron car’s collection include a metallic-gray Dodge Challenger SRT, a white Mercedes Benz S63 AMG, a Black Hummer H2, a white Chevrolet Camaro SS, an Orange Jeep Wrangler, and a white Porsche Turbo.
LeBron resides in their luxurious mansion in Miami, Florida with his high school girlfriend, with whom he has 2 children. He loves vacationing in the Bahamas, which happens to be his favorite holiday destination. In the year 2004, LeBron and his mother established the LeBron James Family Foundation, which is focused on helping out single-parent families and children in need. The foundation’s main aim is to teach children to be academically focused, environmentally aware and physically fit.
Florence Gaitho is a Kenyan Citizen and saying that she likes writing would be an understatement. She is a passionate writer and writing has always been her first love. Florence studied at Mount Kenya University, where she attained a Bachelor of Arts Degree. She has been a professional web content/blog/article writer since 2011, and has written articles on diverse fields.