Investment

LeBron James: $725M moved in 2021

Nike, RedBird and Epic Games bought a minority stake in his SpringHill Company at a valuation of about $725m.

The figure

  • Amount725,000,000 US dollars
  • CategoryInvestment
  • CorridorLos Angeles, United States → New York, United States
  • Distance3.9K km apart
  • Year reported2021
  • Documentation confidence78/100

What that amount buys

$725M is roughly 10 long-range private jets, 1.7K median-priced US homes, or 9.0K years of median US household income.

LeBron James is publicly known as basketball player and co-founder, springhill. The arc drawn for this entry joins Los Angeles and New York because those are the places the two sides of the deal are based — it is not the route a wire took through the banking system.

Source

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