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The Secrets That Helped LeBron James Become a Billionaire (And Have Nothing to Do With Playing Basketball) The Los Angeles Lakers star and NBA legend recently hit his billionaire milestone -- making him the first player to join the club while still being active on the courts.

By Madeline Garfinkle Edited by Jessica Thomas

Opinions expressed by Entrepreneur contributors are their own.

LeBron James has a habit of breaking records, and not just on the court. After a particularly profitable year (following an exceptionally successful career thus far), James raked in upwards of $1.2 billion in pretax earnings, giving him a net worth of $1 billion, according to Forbes.

The Los Angeles Lakers star and former Miami Heat legend has officially become the first NBA athlete to hit billionaire status while still playing in the league.

How did LeBron James make his money?

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