LeBron James.. From Poverty to the Wealth of the Stingy Billionaire

American basketball star LeBron James has sparked widespread controversy in sports and media circles after a mysterious commercial announcement that the public initially interpreted as a retirement announcement, before it later became clear that it was a new marketing deal with a global brand.

Followers saw that the way the advertisement was promoted was a clever attempt to attract public attention, while others considered that the incident reflects James's constant focus on the financial aspect of his career, something the player himself has not denied in previous interviews.

Savings Mentality Since Childhood

LeBron James (40 years old) was born in a poor environment in Akron, Ohio, where he learned from a young age the importance of saving and financial prudence.
James says: "When I was a child, my uncles taught me to keep most of what I have. If I got a dollar, I would spend only 35 cents and save the rest."



This approach has remained with him even after he became one of the most prominent sports stars in the world.
Although his wealth is estimated today at around $1.3 billion according to Forbes magazine, James still lives with simple habits and avoids extravagance.


Notable Details in the Billionaire's Life

His colleagues in the NBA have noticed that James does not use international roaming services while traveling to avoid costs, and he prefers to listen to music through free apps that contain ads instead of paid subscriptions.
He jokingly says: "I enjoy free music, and I have no problem with ads."


He also denied rumors that he spends a million dollars a year on body care, confirming that the circulating figures are "far from the truth."

Wealth from Playing and Investing

Over more than two decades on the basketball courts, LeBron James has earned more than $581 million from contracts and salaries, in addition to hundreds of millions from sponsorship deals and diverse investments in fields such as cinema, fashion, restaurants, and real estate.

Analysts believe that James's story reflects a rare mix of talent and financial discipline, as he managed to transform from a poor young man in Ohio to one of the wealthiest and most influential athletes in modern history.