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How does NBA star LeBron James spend his millions? He bought Thom Browne suits, Beverly Hills property, a share of Liverpool FC and a cryo chamber – but won’t pay for Pandora or data roaming

LeBron James is worth an estimated US$500 million – so how does he spend it all? Photo: @kingjames/Instagram
LeBron James is worth an estimated US$500 million – so how does he spend it all? Photo: @kingjames/Instagram

  • The basketball star, the fifth highest-paid athlete earning US$85.5 million from salary and endorsements, reportedly spends US$1.5 million a year to stay fit
  • Wanting his Cleveland Cavalier team to look good for their game against the Indiana Pacers, he bought US$5,000 Thom Browne suits for them all

LeBron James has earned it all: the 36-year-old basketball legend has won championships, MVPs and gold medals. He has been the face of the NBA for almost a decade, establishing himself as one of the greatest basketball players in the world.

According to Forbes, James is the highest paid NBA player. He is also near the top of the 2021 list of highest paid athletes at No 5, earning US$85.5 million from his salary and endorsements.

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Los Angeles Lakers forward LeBron James reacts after suffering an injury against the Phoenix Suns in game one in the first round of the NBA Playoffs at Phoenix Suns Arena in May 2021. Photo: USA Today Sports
Los Angeles Lakers forward LeBron James reacts after suffering an injury against the Phoenix Suns in game one in the first round of the NBA Playoffs at Phoenix Suns Arena in May 2021. Photo: USA Today Sports

In 2018, Forbes estimated his net worth at US$450 million. This year, Celebrity Net Worth estimates that James is now worth US$500 million.

As one of the most influential sportspeople in the world, how does he spend his millions?

He takes care of his body

James’ performance on the court is attributed to his physique. He knows that his body is his most valuable asset, and according to Business Insider he spends US$1.5 million a year to maintain it, covering costs from his home gym, trainers, massages, therapist and nutritionist.

James also undergoes treatments to prepare and recover from games. According to Business Insider, he was one of the first players to invest in a cryo chamber, which uses liquid nitrogen as a more efficient version of an ice bath.