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LeBron James becomes first active NBA player to become a billionaire

LeBron James has become the first active NBA player to become a billionaire, according to reports.

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Forbes Magazine says the Lakers’ James, 37, has become the first active NBA player to become a billionaire. Last year, he earned $121.2 million that contributed to his new status, all while continuing to play basketball. The only other basketball billionaire was Michael Jordan but he didn’t become one until about 10 years after he retired from the game.

Sports Illustrated says that becoming a billionaire was one of James’ goals, which he mentioned in a 2014 interview with GQ.

James earned $385 million playing for the Cleveland Cavaliers, Miami Heat and the Los Angeles Lakers which Forbes Magazine says has made him the NBA’s highest-paid active player.

James has about $900 million coming from endorsements and other investments, Forbes Magazine says.

Following James on the list of highest-paid athletes in the NBA for 2022 are Stephen Curry with $92.8 million and Kevin Durant with $92.1 million, according to Forbes Magazine.