LeBron James is a billionaire. He is also notoriously cheap.

Cork GainesAug 21, 2023, 01:03 IST

LeBron James.Jamie Schwaberow/Getty Images

LeBron James is a billionaire and soon to be the highest-paid NBA player of all time.
James' most recent contract with the Lakers will pay him $50 million in 2024-25.

LeBron James is a four-time champion, four-time MVP, 19-time All-Star, and soon to be the highest-paid NBA player of all time.

He is also a billionaire.

James' most recent contract is a two-year, $97 million contract with the Lakers that will pay him $50 million in 2024-25, and he makes more than that off the court. While he has expensive tastes when it comes to cars and houses, he is also famously cheap and tight with his money.

Here are a few examples.

LeBron is one of the wealthiest athletes ever.

LeBron James and wife, Savannah, attend Netflix's "Hustle" World Premiere at Regency Village Theatre on June 01, 2022 in Los Angeles, California.Jon Kopaloff/Getty Images

In addition to his NBA salary, LeBron also makes roughly $90 million a year in endorsements off the court.

YouTube/Kia Motors America

Thanks in large part to his lifetime deal with Nike, LeBron is now a billionaire, according to Forbes.

LeBron James has a lifetime deal with Nike.Visual China Group via Getty Images/Visual China Group via Getty Images

But he is also open about how cheap he can be at times.

Ethan Miller/Getty Images

Despite his expensive tastes when it comes to cars and houses, Dwyane Wade once called James "the cheapest guy in the NBA."

Gregory Shamus/Getty Images

Warren Buffett was kinder, saying of LeBron, "He's savvy. He's smart about financial matters."

Warren Buffett speaks onstage during Fortune's Most Powerful Women Summit at the Mandarin Oriental Hotel on October 13, 2015 in Washington, DC.Paul Morigi/Getty Images

One example is his phone. James won't use his phone if it is not on wifi.

Christian Petersen/Getty Images

When Pandora heard that, they offered LeBron a free premium account.

LeBron James.Doug Pensinger/Getty Images

He was once spotted riding a bicycle to a game in Miami.

LeBron James rides a bike to work.Twitter/jackNruth

LeBron also said he would not pay for a blue checkmark on Twitter.

Twitter owner Elon Musk.Dimitrios Kambouris/Getty Images

Despite his money savvy, LeBron does have expensive tastes in some areas and also gives a lot of money to charitable endeavors. Check those out here.

LeBron James' home, which Arana sold to the basketball player for $22.5 million.Marc Angeles /Unlimited Style Photography

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