How LeBron James Spends His Millions

many people consider LeBron James to be the greatest basketball player of his generation the six-foot eight forward skipped college to play in the NBA when he was only 19 years old since then LeBron began a meteoric rise to superstardom that continues to this day considering his impressive resume James is compensated handsomely in 2018 alone he pulled in 89 million dollars according to Forks over his career James has accrued a 500 million dollar net worth and more than a billion dollars in career earnings he has the highest-grossing endorsement portfolio of any player in the NBA his own production company and a chain of pizza restaurants based in Florida all this adds up to an unbelievable fortune but the question remains just how does LeBron James spend his millions first off is LeBron scar collection the all-star is no stranger to luxury cars and has a veritable fleet in his garage for instance at LeBron James spent about six hundred seventy thousand dollars on the Lamborghini Aventador that was later customized with the color scheme identical with his Nike LeBron X I in King James legacy sneakers this car hides the mighty 6.5 liter v12 engine thus making it one of the fastest supercars ever produced it maxes out around 220 miles per hour in addition he owns a Porsche 911 Turbo S James has been pictured driving this sports car many times so fans know it's one of his favorites the 911 Turbo S cos a whopping 160 $1,800 whereas base-level Porsches average around sixty to eighty thousand dollars it can go from zero to 60 in a mere 2.9 seconds the brown loves Porsches cars so much that he bought a Porsche panorama for his mother which isn't a bad choice considering the super sedan is a fan favorite the brown definitely appreciates some of the iconic American cars and his garage hide the 1975 Chevrolet Impala this is a fully restored and custom-made Chevy with massive wheels the classic muscle car has been supercharged with a brand new engine and the brawn has a soft spot for Ferraris he picked up a 599 early in his career and still takes it out on special occasions it maxes out at 205 miles per hour and leaps from zero to 60 in 3.2 seconds these supercars sell for $250,000 each and even there is competitive resale market meaning many people pay above market value that isn't the only Ferrari in his garage LeBron also has a Ferrari f430 spider worth over $200,000 he hasn't been pictured driving this car for a while meaning it's probably gathering dust in his garage apparently James often forgets about his cars because he has so many a sensation that a few people on earth can relate to then add to the mix a souped-up Dodge Challenger for a specialty model these normally retail for about $70,000 making it one of the bronze cheaper cars but don't underestimate the Challenger this is a quintessential muscle car with a ton of power under the hood equipped with a supercharged 6.2 liter Hemi Hellcat v8 engine this car has 485 horsepower and a sleek design and of course LeBron rocks with Bentley Continental this $200,000 vehicle exudes elegance and features elegant styling bespoke leather and wood opulence seating and more than a hint of dynamic capability and it's not just for cruising the Continental maxes out at 207 miles per hour and has a 626 horsepower w12 engine then there's the maybach 57 s this is a super Benz that costs over 370 thousand dollars the brown loves this car and even put on a king of OAH license plate on this magnificent piece of machinery it's not an average luxury vehicle it puts out over 600 horsepower and gets just 10 miles to the gallon a highly inefficient car but clearly one of LeBrons favorites lest we forget the rolls-royce phantom considered by many to be the greatest luxury car ever built behind the bugatti veyron and this car represents brotherly love apparently it was a gift to LeBron from Shaq though it appears stately the car can reach 155 miles per hour and his garage is packed with many other cars that would be luxurious for an average person these include a Chevy Camaro two Hummers BMW 760li k900 Range Rover HSE and Jeep Wrangler of course James has many homes but since he transferred to the LA Lakers in 2018 he needed to find a comfortable mansion in the area he actually has to Los Angeles properties the first was purchased in 2015 for 21 million dollars and the second was purchased in 2018 for 23 million dollars both are in the elite Brentwood neighborhood but his second LA home is particularly amazing dubbed a masterpiece of light and design the eight bedroom 11 bathroom estate boasts an ultra-modern aesthetic complete with marble countertops and walls natural French oak floors sourced from Spain built in 2017 the property houses a gated driveway custom chef's kitchen showroom level walk-in closets a private patio in the master bedroom a rooftop terrace a theater room an indoor outdoor gym a spa complete with steam room sauna shower and massage room an oversized pool and spa guest quarters and 24 car garage his first la home spans some 9,000 440 square feet a gable roof dormer windows and a stone facade elevate the design LeBron says that he kept the first home because he likes to spend his time in different locations while in Los Angeles the Akron native bought this home all the way back in 2003 when he was only a rookie in the NBA that first season he only pulled in four million dollars it may sound like a lot of money to most of us but LeBron spent over half his paycheck on this 2.1 million dollar Ohio mansion in fact he bought an existing property and had it demolished in order to build his dream home though James is not a musician he had the house outfitted with a recording studio other amenities included bowling alley casino theater sports bar aquarium barber shop and a master bedroom suite with a two-story walk-in closet only three years later LeBron was making significantly more with the Cavaliers he decided it was time for an upgrade and purchased him in joining 3,000 square foot property for $425,000 fans can only speculate what he uses the five bedroom home for but many assumed it was a guest house and only a quarter-mile away LeBron snapped up a modest three bedroom home for only $220,000 most people believe this was a gift to his beloved mother and then there's LeBrons nine million dollar Miami home he played for the heat from 2010 to 2014 and needed a luxurious pad to relax in after games LeBron James Miami house overlooks a beautiful bay in Coconut Grove Florida and features a chef's kitchen Somalia's wine cellar office custom theater guest home and private master rooftop sundeck glass doors open to covered terraces throughout in the exterior is furnished with luxurious outdoor living including a summer kitchen infinity pool and concrete dock for two 60-foot yachts the eight bedrooms six baths home looks like a tropical paradise complete with palm trees and manicured lawn when the brown left Miami he decided that he wanted to make a couple bucks on the property and flipped it for a cool 15 million though that's pocket changed to LeBron he still wanted to make a profit on the pristine property apparently the house wasn't his dream home because he bought much more elegant houses in Los Angeles however nearly every one of his fans would dream of living in this Coconut Grove mansion LeBron has a profound love for his home city of Akron in 2011 he was researching the high school dropout rates in Akron and decided to create the I promise initiative focused on supporting the youth in his community the brown says that he was familiar with the adversity of growing up in Akron and wanted to give kids an opportunity to improve themselves he struggled as a student due to unstable conditions at home his mother was unsuccessful in finding a permanent job forcing the family to move multiple times during this time James was absent for 83 days in fourth grade resulting in a substantial lack of education and LeBron is sparing no expenses when it comes to the 8 million dollar school the school features stem curriculum to get students high paying jobs in addition to job placement programs and GED courses James made a point of giving Akron a new public school it's not a charter school it's not a private school it's a real life school in my hometown he told ESPN and this is pretty cool nutrition is also central to the school's mission every day students will receive free breakfast lunch snacks and drinks they'll have access to a fitness trainer James says that as a kid he used his bicycle to explore different neighborhoods of Akron so he gave one to every incoming student free tuition to the University of Akron for every graduating student is covered under the pre-existing Akron promised Network scholarship which was developed between the University of Akron the LeBron James Family Foundation and JPMorgan Chase in 2015 to qualify Akron public school students must graduate high school with a 3.0 grade point average undoubtedly the initiative will have a profound positive impact on the Akron community for generations to come LeBron also foots the 2 million dollar annual bill to keep the school running to be an all-star athlete you need to be in peak physical condition that's why LeBron has a nearly obsessive relationship with health and fitness he reportedly spends 1.5 million dollars on his personal health every year but how can one person possibly spend that much money on health products alone teammate Mike Miller says that LeBron has the unique perspective that his body is an investment he puts a lot of money behind taking care of his body a lot of people think it's a big expense but that big expense has allowed him to make a lot more money for a long period of time for one thing LeBron has a whole crew of people who he employs exclusively he has a former Navy SEAL as a personal trainer a team of chefs to create the perfectly nutritious diet massage therapist for his injuries and a personal gym to complete an insane workout nearly every day another big part of James physical work is the various forms of treatment he gets to prepare for and recover from games he was reportedly one of the first players to invest in a cryo chamber which uses liquid nitrogen to essentially be a more efficient version of an ice bath James also opts for the controversial procedure of the hyperbaric chamber which pumps more oxygen into his body and increases mental agility add to this procedures to stimulate the flow of blood to his extremities an electro stimulation machine to flush out toxins and some good old-fashioned ice baths and you have the foundation of an obsessive health routine but the results are undeniable at 34 years old James is still a viable player in a lead that's increasingly crowded by younger faces and then there's the matter of LeBrons watches though he has a reputation is a frugal NBA star LeBron is not afraid to flash his wealth when it comes to a handful of signature timepieces the first addition to his collection was a yellow gold Rolex day-date 2 he picked up this magnificent piece of jewelry after winning the 2016 NBA championship with the Cavaliers the watch generally sells for $33,000 he also rocks a Rolex kite Weller to watch with the most complications in his collection unveiling the new feature of simultaneous dual time zones the watch is an undeniable master work for the Swiss watchmaker fittingly it goes for thirty three thousand six hundred dollars but the crown jewel of the bunch is a Rolex yacht-master - with several iterations on the market James opted for the yellow gold 18 carat version in case you're thinking of picking up a yacht-master for yourself the watches generally cost around 63 thousand dollars it's true that LeBron is careful with his money these days he gives much more to charity than he spends on lavish toys but with that said he still has a taste for the finer things fiat cars mansions or watches as a nears retirement LeBron can look forward to living comfortably for many years to come [Music] [Music]

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Id: MHcjRsrVZfM

Length: 11min 28sec (688 seconds)

Published: Tue Jul 23 2019