LeBron James was the first active NBA player to become a billionaire

LeBron James became a legend and billionaire with four NBA Championships, three Olympic medals, and 18 NBA All-Star performances.

After an incredibly lucrative year - earning just $ 121 million - James has officially become a billionaire, Forbes reported Thursday. 

This breakthrough made the 37-year-old player's nickname King James even more apt.

Jordan currently has a net worth of $ 1.7 billion - down from $ 2.1 billion in 2020 - in support of his investment in Nike, Gatorade, and the Hines and Charlotte Hornets basketball teams.

According to Forbes, James' basketball career is worth over $ 385 million, but much of his wealth comes...

...from his business ventures and the Nike, Walmart, Beats by Dre, and Blaze pizza chains.

According to Spotrock, an online sports finance tracker, when James was first drafted by the Cleveland Cavaliers in 2003

He signed a four-year contract worth $ 18.8 million. That salary was three times higher when he resigned from the Cavaliers in 2007 for another four years.

The Los Angeles Lakers signed James to $ 153 million in 2018 and recently re-signed them to $ 85.7 million with a salary of less than $ 44.5 million.