LeBron James Spent $36 Million of His Net Worth On Beverley Hills Mansion Previously Owned by Hollywood Actors

LeBron James is one of the richest athletes in the world. The Akron-born basketball icon has earned himself a fortune while playing in the NBA, with his endorsements and investments already forming a huge part of his income. Having said that, James chooses to spend his money in various ways, which include million-dollar mansions in Los Angeles.

James, who reportedly earns $85.5 million in a year, is spending his money on mansions, investments, and even equipment to take care of his body. He has spent almost 20 years in the NBA and is currently fifth on Forbes’ The World’s Highest-Paid Athletes list.

Let’s take a look at James‘ Beverly Hills mansion, which cost the Los Angeles Lakers star more than $30 million.

Where did LeBron James spend $36 million of his net worth?

According to Forbes, LeBron James is worth $850 million.

However, $36.75 million of his net worth was spent on his lavish Los Angeles mansion, located in the stunning Beverly Hills area. The four-time NBA champion bought the house last year, the property consisting of a rich history and various nations. It is a Mediterranean-style home, constructed in 1930.

While the 17-time All-Star purchased it for over $36 million, the 13,000-square-foot house was previously listed for $39 million.

It was owned by talk show host Lee Phillip Bell, who passed away in 2020, known for his soap operas like The Bold and the Beautiful. Additionally, the four-bedroom mansion was also owned by Charles Boyer and Howard Hughes. Interestingly, Hughes had leased the home to Katharine Hepburn, who he was dating at the time.

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James’ mansion is also equipped with seven bathrooms and two guest houses. Of course, the mansion also consists of a cinema and a tennis court, complete with a perfect view of LA.

Other properties owned by the NBA icon

When James was with the Miami Heat, he lived in a house worth $9 million, which overlooked the Biscayne Bay. In 2015, he purchased a lavish Brentwood mansion in LA, which cost him $21 million. He ended up selling the house in September, for around $19.6 million. Two years later, in 2017, James spent around $23 million for a new home – also located in Brentwood.

The four-time finals MVP has been living in his second Brentwood mansion for some time, the property covering 15,836 square feet in area. It also includes eight bedrooms, a walk-in closet, a cigar room, a wine cellar, and an onyx-lined wet bar. James’ house often features in his social media posts, his daughter Zhuri making a frequent appearance.

How else does LeBron James spend his money?

Apart from his massive real estate purchases, James spends around $1.5 million on his body every year. This not only covers his gym, but also includes his trainers, therapist, and nutritionist – all of whom work hard to make sure James is in perfect health.

James has also invested his money in various places, making up a large portion of his income.

In 2018, James came together with Cindy Crawford, Arnold Schwarzenegger, and Lindsey Vonn to create Ladder, a sports nutrition company. He and his partners also own 19 Blaze Pizza franchises in Chicago and South Florida. He also launched SpringHill Entertainment (production) and Uninterrupted (media).

That being said, James can end up spending more on another lavish property later in his career, maybe even after his retirement.

What do you think of James’ lavish mansion? Will the 36-year-old buy a new property anytime soon?