Cleveland Cavaliers LeBron James is not just a King inside the NBA court but also a King in his finances. His mega contract with Nike, which is for life, is the fruit of his Basketball career but his investment into a football club in Europe is a testament that he is preparing herself after his NBA career is done.
LeBron James invested $6.6 Million into Liverpool FC in 2011.
Liverpool Football Club is a professional football club in Liverpool, England, that competes in the Premier League, the top tier of English football, via wikipedia.
After seven years, LeBron James investment is now worth at least $32 million.
Even if we are not rich like LeBron, we can learn two lessons from him.
1. Investing your money is what makes these athletes rich like Michael Jordan who owns an NBA Team (Charlotte Hornets).
2. Waiting and being patient are important in investment, James seven years time span is quite long but as most investors says – the longer time (and more volume) you hold your money will make you rich.