Success Story

Here are 6 businesses owned by LeBron James

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. 

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Abu Mubarik

Abu Mubarik is a journalist with years of experience in digital media. He loves football and tennis.

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