Lebron James makes 30 Million off sale of Beats By Dre Headphones
Jun 13, 2014
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Both Dr. Dre and Jimmy Iovine made heaps of cash from the sale of the Beats brand to Apple last month, but there were a few people who invested early... including LeBron James.
According to Business Insider, the NBA superstar took a small stake in the company back in 2008 in exchange for becoming a celebrity endorser... and launching his own powerBeats line.
Because of the early investment, James netted more than $30 million in cash and stock following the acquisition.
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