Highlights
- Savannah James, wife of LeBron, boasts a net worth of $100 million, primarily from her successful business ventures and partnerships.
- Despite owning businesses like Juice Spot and K+ Organic, Savannah remains focused on philanthropy, empowering young women through WOOF mentorship.
- Savannah James’ entrepreneurship extends to skincare brand SJ Skin Care and investments in companies like Lockerverse and Lobos Tequila.
In a world where the wives of most NBA stars rely on reality TV shows to come into the limelight and remain relevant, LeBron James’ wife Savannah James has been able to rise above the status quo with her doting resolve to make money for herself, instead of solely relying on LeBron James’ $1 billion net worth.
Savannah James has tried her hands on so many successful ventures in a bid to complement her husband’s wealth, support her desired lifestyle, preserve privacy, and pursue personal interests. In this article, we’ll delve into how LeBron James’ wife, Savannah, makes her net worth and also what she spends most of it on.
LeBron James’ Wife Savannah James Is A Serial Entrepreneur
LeBron James’ wife Savannah James has a very impressive net worth that has left many people wondering how she has been able to gather such a huge sum of money for herself. According to Celebrity Net Worth, Savannah James boasts a net worth of $100 million, amassed through her various business ventures and partnerships over the years. It’s worth mentioning that while Savannah’s substantial net worth is largely attributed to her entrepreneurial pursuits, it has also been shaped by her involvement in other deals, investments, and endorsements.
Savannah James has a big flair for entrepreneurship. Her high business acumen is responsible for the impressive net worth she currently enjoys. How Savannah juggles between being a super supportive wife to Lebron James and raising her kids, as well as managing a series of business enterprises and other activities is a mystery that should be unraveled.
According to Nicki Swift, Savannah James has invested in several business ventures. In 2010, she started her journey in interior design when she launched a Family furniture collection called “Home Court”, alongside her husband Lebron James.The furniture collection was in partnership with Ohio-based furniture manufacturing and retailing company, American Signature Inc.
Furniture designs from Home Court grew rapidly, it enjoyed public acceptance and stood out in the industry. This feat, of course, brought along a wide and large patronage which further impacted Savannah’s net worth.
- LeBron James and Savannah James got married in September 2013
In 2013 Savannah James launched The Juice Spot in Miami. In an interview, Savannah told ESPN that her decision to start the juice business was inspired by her husband Lebron James, after years of constantly listening to his numerous business ideas and projects. She shared:
I would listen to him talk about his conversations with Warren Buffett or Jerry Jones, but I wanted to get into business, too.
Savannah James said her Juice Spot business was designed to sell cold-pressed juices to consumers between $6 and $8 for each 16-ounce bottle. According to ESPN, the cold-pressed juice business in the US is worth at least $200 million, with big players like Starbucks acquiring major stakes in the business.
Despite closing down Juice Spot in 2016 due to LeBron James’ departure from the Miami Heat, Savannah garnered significant earnings from the thriving business, which operated successfully for three years.
In the spirit of entrepreneurship, Savannah James wasn’t deterred by the closure of The Juice Spot, again in 2018 she partnered with Velana Colòn to launch K+ Organic, a sports drink brand that caters to the needs of children.
In an interview with Forbes, Savannah revealed her partnership with Colòn was inspired by her quest for healthy drinks for her kids. “In this day and age, there are so many more healthy alternatives for adults than we had…growing up, but it’s frustrating to still not see healthier options for kids,” she said. The organic drink market enjoys consistent and rapid growth which results in higher profits because most consumers believe that organic foods are healthier than their conventional grown counterparts.
Similarly in 2023, LeBron James secretly unveiled Savannah’s skincare brand “SJ Skin Care” to his Instagram without her knowledge. Products from the brand include an all-day Serum and day and night moisturizers. During an interview with The Cut, Savannah mentioned that she wasnt halting her entrepreneurial ventures any time soon. She revealed:
Definitely have some passion projects I’m working on, one of which is with a partner, one of which is on my own. And I’m super-excited about them. I think they’re going to be amazing. They’re going to be well received.
Savannah James has other investment deals that brings huge monetary return, which has positively impacted her net worth. She has stakes with the likes of Lockerverse, a Web 3 Startup company, Lobos Tequila (owned by her husband, LeBron James), and NEZ, a natural deodorant company.
Savannah James has a YouTube channel with her daughter known as All Things Zhuri, where she creates amazing mother-daughter content for her viewers. The channel has over 200,000 subscribers, which means more money for her.
Savannah James also serves as a social media influencer, with an Instagram account boasting over 2 million followers. In 2023, Savannah graced the cover of The Cut magazine for its May/June edition. These various ventures have significantly contributed to Savannah James’ remarkable net worth.
LeBron James’ Wife Savannah James Spends A Large Chunk Of Her Net Worth On Philanthropic Work
LeBron James’ wife Savannah is big on philanthropy. In 2017, Savannah James founded the Women Of Our Future (WOOF) mentorship program, dedicated to empowering young women in Akron by offering research-based and volunteer-driven guidance for success. Additionally, she organizes the annual I PROM-ise makeover event, providing students in Akron with the chance to receive free prom attire.
Savannah James is also highly supportive of the Akron Community Foundation and the YWCA of Greater Cleaveland. Savannah and her husband, Lebron James are committed to giving back to society wholeheartedly, through their family foundation, the LeBron James Family Foundation.
Vogue reported that Lebron and his wife Savannah work hard to change lives in their hometown, Akron.
Although LeBron James’ wife Savannah James came from a humble background, she has grown to become not just the wife of an NBA star, but has emerged as a thriving entrepreneur, steadfastly dedicated to personal growth and fostering a secure, healthy environment for her local community to flourish.
Source: NewsFinale
