1.2 billion euro acquisition of AC Milan!NBA superstar James and the business empire he continued to expand

Serie AC Milan Club announced on August 31 that Red Bird Capital completed the acquisition of the club for 1.2 billion euros (about 8.3 billion yuan). According to previous reports, the Main Street Advisors Foundation from Los Angeles was also involved in the investment. As an investor in the foundation, the famous NBA star LeBron James also indirectly participated in investment in AC Milan. At this point, James has settled in four sports clubs:

Boston Red Sox (baseball)

Pittsburgh Penguin (ice hockey)

Liverpool (Premier League)

AC Milan (Serie A)

Picture according to IC Photo

James's business empire continued to expand, and this summer, James renewed his contract with the Lakers with $ 97.1 million in two years, which helped him reach the top of the NBA historical salary list for $ 532 million. According to the authoritative financial magazine "Forbes", according to estimates, James has officially become a $ 1 billion rich man.

James has also become another basketball player worth $ 1 billion after Jordan and Kobe. It is the first active player in NBA history to reach a value of 1 billion. In the Forbes list last year, James's worth was only 850 million US dollars. Such a business mind had to sigh.

James showed his business mind when he was 18 years old. James had previously recalled in an interview that when he was 18 years old, a Ruizu executive gave him a $ 10 million check in person that the condition was that James could not accept the endorsement contract of other competitors (Nike or Adi). At that time, James was only 18 years old. He lived with his mother with a monthly rent of 17 US dollars. As long as he nodded and agreed, James could immediately improve his life and family.

However, in the face of this huge $ 10 million of money, he refused. And later received a $ 90 million contract in negotiations with Nike. After entering the NBA, James continued to expand his business empire. He was not only a basketball player, but also a businessman.

Picture according to IC Photo

The following is some of James's asset statistics (data from Forbes):

Spring Hill Company (Film and Television Entertainment Company): $ 300 million

Fenwei Sports Group: $ 90 million

Real estate: $ 80 million

Flame pizza: $ 30 million

Cash and other investment: more than 500 million US dollars (including headset brand Beats by Dre, sports nutrition brand Ladder, etc.)

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