Lebron hits the $1 billion mark

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Re: Lebron hits the $1 billion mark 

Post#41 » by Neutral 123 » Thu Jul 22, 2021 6:55 pm

Harcore Fenton Mun wrote:
LivingLegend wrote:While also not acknowledging that LeBron started a entire school to serve underprivileged kids and is offering to give them all full ride scholarships if they graduate. The man has a school. With 225 kids. lol

He works with Nike and Disney, he employs more kids than you can imagine. The pay could be better though.

:sad: :sad: :sad:
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Re: Lebron hits the $1 billion mark 

Post#42 » by Scalabrine » Thu Jul 22, 2021 7:00 pm

LivingLegend wrote:
omerome wrote:
LivingLegend wrote:Good for him. Hes spent 20 years building his 'brand' and its obviously working.

My question is...what the hell do you do with that much money.

Build a spaceship. I heard it's what all the cool billionaires are doing now.


lol true. I just wonder if people that are in the 1% eventually become bored with money

and at what point are you sick of the limelight and go buy a 10 million house in the Carribean and stay there lol


Nationwide, it takes an annual income of $538,926 to be among the top 1%. Among the approximately 1.4 million taxpayers who meet this threshold, the average annual income is about $1.7 million – about 20 times the average income of $82,535 among all taxpayers.

https://www.usatoday.com/story/money/2020/07/01/how-much-you-need-to-make-to-be-in-the-1-in-every-state/112002276/#:~:text=Nationwide%2C%20it%20takes%20an%20annual,of%20%2482%2C535%20among%20all%20taxpayers.

All NBA players are 1%'ers. There are 724 billionaires in the US and 328.2 million people in the US. Meaning 1 in every 453,314 people in the US are billionaires. LeBron is way more than a 1%.

I'm just bringing this up because I feel like so many people don't realize how much money you have to make annually to be a 1%, it's less than most people think.
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Re: Lebron hits the $1 billion mark 

Post#43 » by Childs » Thu Jul 22, 2021 7:02 pm

LivingLegend wrote:Good for him. Hes spent 20 years building his 'brand' and its obviously working.

My question is...what the hell do you do with that much money.


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Re: Lebron hits the $1 billion mark 

Post#44 » by Neutral 123 » Thu Jul 22, 2021 7:04 pm

Scalabrine wrote:
LivingLegend wrote:
omerome wrote:Build a spaceship. I heard it's what all the cool billionaires are doing now.


lol true. I just wonder if people that are in the 1% eventually become bored with money

and at what point are you sick of the limelight and go buy a 10 million house in the Carribean and stay there lol


Nationwide, it takes an annual income of $538,926 to be among the top 1%. Among the approximately 1.4 million taxpayers who meet this threshold, the average annual income is about $1.7 million – about 20 times the average income of $82,535 among all taxpayers.

https://www.usatoday.com/story/money/2020/07/01/how-much-you-need-to-make-to-be-in-the-1-in-every-state/112002276/#:~:text=Nationwide%2C%20it%20takes%20an%20annual,of%20%2482%2C535%20among%20all%20taxpayers.

All NBA players are 1%'ers. There are 724 billionaires in the US and 328.2 million people in the US. Meaning 1 in every 453,314 people in the US are billionaires. LeBron is way more than a 1%.

Yep, and most of those in the so called 1% are only there for a year. He is the very definition, the face of wealth inequality. For him to have stolen so much of our wealth before 40 is insane.
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Re: Lebron hits the $1 billion mark 

Post#45 » by hyper316 » Thu Jul 22, 2021 7:04 pm

Good for LeBron, he built a school and got kids to university.
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Re: Lebron hits the $1 billion mark 

Post#46 » by TravisScott55 » Thu Jul 22, 2021 7:04 pm

Happy for him
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Re: Lebron hits the $1 billion mark 

Post#47 » by GunnerWRX » Thu Jul 22, 2021 7:05 pm

I remember early on, he said his goal was to become a billionaire. At the time, for around $200-$300m, you could buy a NBA franchise.

Recently, even the Jazz sold for $1.6B, and the T-Wolves is rumored to be in a deal in the $1.5B range.

He is still chasing a ghost.
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Re: Lebron hits the $1 billion mark 

Post#48 » by The Laker Kid » Thu Jul 22, 2021 7:07 pm

Amazing! He earned 1 billion of these

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Re: Lebron hits the $1 billion mark 

Post#49 » by NyKnicks1714 » Thu Jul 22, 2021 7:08 pm

Ugalde wrote:forgive me but the article doesn't say lebrons net worth is 1 billion it says he earned 1 billion


Correct, he's probably a few years away from being a billionaire.
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Re: Lebron hits the $1 billion mark 

Post#50 » by Scalabrine » Thu Jul 22, 2021 7:09 pm

Neutral 123 wrote:
Scalabrine wrote:
LivingLegend wrote:
lol true. I just wonder if people that are in the 1% eventually become bored with money

and at what point are you sick of the limelight and go buy a 10 million house in the Carribean and stay there lol


Nationwide, it takes an annual income of $538,926 to be among the top 1%. Among the approximately 1.4 million taxpayers who meet this threshold, the average annual income is about $1.7 million – about 20 times the average income of $82,535 among all taxpayers.

https://www.usatoday.com/story/money/2020/07/01/how-much-you-need-to-make-to-be-in-the-1-in-every-state/112002276/#:~:text=Nationwide%2C%20it%20takes%20an%20annual,of%20%2482%2C535%20among%20all%20taxpayers.

All NBA players are 1%'ers. There are 724 billionaires in the US and 328.2 million people in the US. Meaning 1 in every 453,314 people in the US are billionaires. LeBron is way more than a 1%.

Yep, and most of those in the so called 1% are only there for a year. He is the very definition, the face of wealth inequality. For him to have stolen so much of our wealth before 40 is insane.


Stolen so much of our wealth? What do you mean by that?
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Re: Lebron hits the $1 billion mark 

Post#51 » by Harry Garris » Thu Jul 22, 2021 7:14 pm

Neutral 123 wrote:
BodieB wrote:
Neutral 123 wrote:Absolutely not. I'd have incredible respect for him living up to his supposed principles. Maybe we should all rally and get him to do what he says is the right thing to do?

Not that he has to, but he does his share of charity and philanthropy, it's just not up to your standards apparently and likely wouldn't be regardless.

I expect nothing from him. Well the truth would be nice. It'd be nice to live up to his own standards. Why would someone who is for equity want to 'horde' so much wealth? It makes no sense to me. Hopefully when he retires, he starts sending out checks to everyone with less money than him to redistribute the wealth. I think we can all use an extra check amirite?


Does it bother you when people that you agree with politically are greedy and horde their money as well, or is this a complete double standard?
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Re: Lebron hits the $1 billion mark 

Post#52 » by Neutral 123 » Thu Jul 22, 2021 7:22 pm

Scalabrine wrote:
Neutral 123 wrote:
Scalabrine wrote:

https://www.usatoday.com/story/money/2020/07/01/how-much-you-need-to-make-to-be-in-the-1-in-every-state/112002276/#:~:text=Nationwide%2C%20it%20takes%20an%20annual,of%20%2482%2C535%20among%20all%20taxpayers.

All NBA players are 1%'ers. There are 724 billionaires in the US and 328.2 million people in the US. Meaning 1 in every 453,314 people in the US are billionaires. LeBron is way more than a 1%.

Yep, and most of those in the so called 1% are only there for a year. He is the very definition, the face of wealth inequality. For him to have stolen so much of our wealth before 40 is insane.


Stolen so much of our wealth? What do you mean by that?

I'm not sure, it would take someone more knowledgeable than me to explain how he does that.
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Re: Lebron hits the $1 billion mark 

Post#53 » by Neutral 123 » Thu Jul 22, 2021 7:24 pm

Harry Garris wrote:
Neutral 123 wrote:
BodieB wrote:Not that he has to, but he does his share of charity and philanthropy, it's just not up to your standards apparently and likely wouldn't be regardless.

I expect nothing from him. Well the truth would be nice. It'd be nice to live up to his own standards. Why would someone who is for equity want to 'horde' so much wealth? It makes no sense to me. Hopefully when he retires, he starts sending out checks to everyone with less money than him to redistribute the wealth. I think we can all use an extra check amirite?


Does it bother you when people that you agree with politically are greedy and horde their money as well, or is this a complete double standard?

Greed is an interesting word. Is it greedy to have a lot or to demand what isn't yours? I think there's a lot of explore with that. My concern with Lebron is that he says he's for equity, but won't give away all his excess wealth. I just want him to not just talk about it, but actually be about it.
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Re: Lebron hits the $1 billion mark 

Post#54 » by Marrrcuss » Thu Jul 22, 2021 7:26 pm

He made his money while not worrying that "republicans buy his shoes too".

Props
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Re: Lebron hits the $1 billion mark 

Post#55 » by Dupp » Thu Jul 22, 2021 7:31 pm

omerome wrote:
LivingLegend wrote:Good for him. Hes spent 20 years building his 'brand' and its obviously working.

My question is...what the hell do you do with that much money.

Build a spaceship. I heard it's what all the cool billionaires are doing now.



When you have the money resolve world hunger you do not hesitate to send a teenager to space.
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Re: Lebron hits the $1 billion mark 

Post#56 » by Neutral 123 » Thu Jul 22, 2021 7:31 pm

Marrrcuss wrote:He made his money while not worrying that "republicans buy his shoes too".

Props

His fearlessness in going along with the popular narrative of the day is unmatched.
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Re: Lebron hits the $1 billion mark 

Post#57 » by BodieB » Thu Jul 22, 2021 7:31 pm

Neutral 123 wrote:
Harry Garris wrote:
Neutral 123 wrote:I expect nothing from him. Well the truth would be nice. It'd be nice to live up to his own standards. Why would someone who is for equity want to 'horde' so much wealth? It makes no sense to me. Hopefully when he retires, he starts sending out checks to everyone with less money than him to redistribute the wealth. I think we can all use an extra check amirite?


Does it bother you when people that you agree with politically are greedy and horde their money as well, or is this a complete double standard?

Greed is an interesting word. Is it greedy to have a lot or to demand what isn't yours? I think there's a lot of explore with that. My concern with Lebron is that he says he's for equity, but won't give away all his excess wealth. I just want him to not just talk about it, but actually be about it.

Excess? Are you defining how much is too much for him? No doubt in my mind this is an outlook you've contradicted plenty of times if that's the case. He doesn't have any standard to live up to but his own.
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Re: Lebron hits the $1 billion mark 

Post#58 » by Dupp » Thu Jul 22, 2021 7:32 pm

Considering where he came from and that he started as a basketball player it’s pretty crazy. Good on him.
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Re: Lebron hits the $1 billion mark 

Post#59 » by Bologna Smasher » Thu Jul 22, 2021 7:48 pm

Let's use this opportunity to guess which team he buys an ownership stake in down the road.
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Re: Lebron hits the $1 billion mark 

Post#60 » by Freighttrain » Thu Jul 22, 2021 7:51 pm

Bologna Smasher wrote:Let's use this opportunity to guess which team he buys an ownership stake in down the road.


Hypothetical, if you're a LeBron hater but a Kings fan, do you want him to own the Kings or not?

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