Despite earning nearly $23 million annually, LeBron James has shown a penchant for shedding the unnecessary.
He recently parted ways with his sprawling Miami mansion, a grand domicile he hadn’t visited since 2014, having returned to play for the Cleveland Cavaliers. The sale of this opulent residence fetched a staggering $13.4 million.
As his trophy cabinet brims with NBA championship accolades, LeBron James’ financial portfolio similarly flourishes.
The basketball virtuoso orchestrated a lucrative deal for his expansive 1,130-square-foot mansion nestled in the opulent Coconut Grove.
Local real estate mavens Timo and Nathalia Kipp seized the opportunity, recognizing the allure of a residence boasting Miami Bay vistas, an entertainment room, a cinema, a pool, a wine cellar, six bedrooms, eight bathrooms, and even a berth for a yacht.
Originally listed at $17 million in October 2014, LeBron astutely adjusted the price to $15 million by March. Even with the markdown, his fiscal prowess remains evident, considering he acquired the property for a mere $9 million in 2010.
This transaction underscores LeBron James’ astute financial acumen, allowing him to navigate the worlds of sports and real estate with equal finesse.