Business
LeBron James: The Next Warren Buffett?
In this Dec. 25, 2009 file photo, Cleveland Cavaliers forward LeBron James reacts during the second half against the Los Angeles Lakers in an NBA basketball game in Los Angeles. James told Sports Illustrated on Friday, July 11, 2014, he is leaving the Miami Heat to go back to the Cleveland Cavaliers. (AP Photo/Lori Shepler, File)
(The Motley Fool) – It took Buffett 50 years to hit $700 million. Yet, in his next 33 years, he’d bank an astounding $62.3 billion more wealth.
Buffett grew that wealth through a series of savvy business moves by buying great companies that found huge success in the years after he took a stake in them.
Now, imagine where Buffett might be if he had been worth hundreds of million in his twenties.
That’s exactly the position we find LeBron James. LeBron is only 29, has become an unexpected protégé to Buffett (seriously), and he’s quietly building sport’s most powerful business empire with the help of the Warren Buffett.
