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WEKU
Dustin Jones

LeBron James is the first active NBA player to become a billionaire

LeBron James NBA King James Michael Jordan NIke
LeBron James poses at the premiere of the film Hustle on June 1 at the Regency Village Theatre in Los Angeles. James' net worth recently broke $1 billion, making him the first ever active NBA player to become a billionaire. (Chris Pizzello/Chris Pizzello/Invision/AP)

LeBron James, the basketball legend with four NBA championships, three Olympic medals and 18 NBA All-Star appearances under his belt, is the first active NBA player to achieve billionaire status.

Forbes reported Thursday that following an incredibly lucrative year — raking in just over $121 million – James has officially become a billionaire. The breakthrough makes the 37-year-old player's nickname, King James, all the more fitting.

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