Forbes believes that James has officially become a billionaire while still playing basketball after another blockbuster year of earnings
reaching $121.2 million before taxes and agents' fees over the last 12 months.
According to Forbes, the superstar's net worth is $1 billion. James is the first active NBA player to enter the billionaires list
missing the playoffs this year for just the fourth time in 19 seasons. (Michael Jordan, the only other basketball billionaire
didn't reach that mark until 2014, more than 10 years after he retired,
thanks to a smart investment in the Charlotte Hornets basketball franchise
James has successfully maximised his company, resulting in pretax earnings of more than $1.2 billion.
. The Cleveland Cavaliers, Miami Heat, and Los Angeles Lakers have given him more than $385 million in compensation