LeBron James: NBA famous person on Forbes’ billionaires record

Cast members LeBron James and Adam Sandler attend a premiere for the film Hustle

LeBron James is the largest single shareholder in SpringHill, one of the production companies for the new Adam Sandler film Hustle

Los Angeles Lakers’ LeBron James has become the first active NBA player to make Forbes’ billionaires list.

The four-time NBA champion, who has been the league’s most valuable player four times, earned $121.2m (£96.5m) over the last year, with $80m (£63.7m) of it coming off the court.

The American business magazine puts James’ net worth at $1bn (£796.4m).external-link

His earnings over the last 12 months beat his own record of $96.5m (£76.8m) for an NBA player that he set last year.

The 18-time all-star player has earned more than $385m (£306.4m) in salary from the Cleveland Cavaliers, Miami Heat and Lakers – but most of his income has come from endorsements and business ventures.

For example, his stake in SpringHill – the television and movie production company James built with business partner Maverick Carter – is believed to be worth $300m (£238.8m).