It’s good to be the king.
NBA superstar LeBron James has already proven himself a savvy businessman. One of his most recent investments is just the pepperoni on his pizza.
James’s $1 million investment in restaurant startup Blaze Pizza is now worth $25 million, thanks to a recent round of funding, according to ESPN.
That number is set to rise by as much as $15 million thanks to some endorsement payments that are contingent on sales, ESPN added.
James has plenty of other high profile investments under his belt, including Beats by Dre, as well as his own media companies, SpringHill Entertainment and Uninterrupted. Read more…
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