Fenway Sports Group: $90 million
James has an equity stake in Fenway Sports Group. Through Fenway Sports Group, he and his partner Maverick Carter acquired a 2% stake in Liverpool FC for $6.5 million.
The acquisition has turned out to be a shrewd business move by the Los Angeles Lakers forward, translating into millions of dollars. The NBA great recently relinquished his shares for a stake in FSG, along with his business partner Carter and Paul Wachter. According to Liverpool.com, James now owns about one percent of FSG.
In November last year, the NBA icon reportedly made an exceptional profit from his minority stake in Liverpool FC amid news that the FSG was exploring the potential sale of the club. According to Mirror at the time, his stake in the six-time European champions was now worth around $44 million. Aside from Liverpool, James has stakes in Boston Red Sox.
Disturbing footage from Rio de Janeiro has revealed a bizarre occasion where a Brazilian woman…
Beyoncé’s latest album is influencing almost every facet of the economy. Levi’s stock rose 20%…
Wahu Mobility, a producer of electric bikes, recently unveiled its first EV assembly plant in…
Naya Ellis' revolutionary idea is garnering headlines. Inspired by her family's experiences, Ellis, who is…
Deryl McKissack is the President and CEO of McKissack & McKissack, a Washington, D.C.-based construction…
It may come across as daring and perhaps unconventional, but, that was the approach an…
Amira Rasool is the founder of The Folklore Group, a business-to-business platform that connects retailers with brands…
The Songwriters Hall of Fame is going to present Solána Imani Rowe, better known by…
During a recent interview on Call Her Daddy With Alex Cooper, gymnast and Olympic champion…
The NBA on Wednesday announced it has banned Toronto Raptors player Jontay Porter after an…
Authorities in Nigeria have brought charges against Cubana Chief Priest - a popular businessman and…
The 2014 Boston Marathon's true winner, Buzunesh Deba, has yet to receive her $100,000 prize.…
Keishall Barrow was unprepared for the extent of the destruction caused by Hurricane Katrina in…
Duke University has ended its full-ride scholarship program for Black students following the 2023 Supreme…
Will Drewery is the co-founder of Diagon, a startup that helps manufacturers procure equipment. After…