Fit for a King: Inside LeBron James’ Real Estate Portfolio
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When LeBron James signed with the Cleveland Cavaliers as the first overall pick in the 2003 NBA draft, he immediately began planting the seeds to be known as King James — on and off the court.
LOS ANGELES, CALIFORNIA – MAY 31: LeBron James attends the Los Angeles premiere of Universal Pictures’ “Shooting Stars” on May 31, 2023 in Los Angeles, California. (Photo by Alberto E. Rodriguez/Getty Images)
At 18 years old, James purchased his first property in Ohio.
Today, James is worth a reported $1.2 billion. The four-time MVP owns several properties to rent his home state of Ohio, Florida and California. And after negotiating an extended two year contract with the Los Angeles Lakers, James will make history with his son Bronny as they become the first father-son teammates in the history of the& NBA.
Let’s take a look at James’ real rate portfolio—a grouping of properties that mix personal investments and philanthropic support to residents in Akron.&
A Starter Home Just North of Akron
James purchased his first property shortly after being signed to the Cleveland Cavaliers. The $2.1 million property was located in Bath Township, just northwest of his hometown of Akron. Over time, James built...
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