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LeBron James Part Of Sun Valley Billionaire Confab

Filed under: Sports, Wealth

lebron jamesAs the LA Times points out, Kobe Bryant may won the NBA championship but it's Cleveland Cavaliers player LeBron James who the billionaires want to talk to in Sun Valley this week. The young player who is building his basketball and financial empire is part of this year's annual Allen & Co. conference in Sun Valley, Idaho. The five-day conference includes many of the world's richest people including Bill Gates, Warren Buffett, Sumner Redstone, Sergey Brin, Mark Zuckerberg and Diane von Furstenberg. Another attendee likely to be in demand will be Twitter co-founder Evan Williams.

The conference takes over the area with private jets filling the local airport and hotel rooms selling out as both attendees and media flock to the event. While the event is supposed to be a hush-hush affair the press often gets the rare chance to spot the wealthy in casual clothes relaxing and enjoying Sun Valley's beautiful scenery. Meanwhile, behind closed doors the future of media itself and how to best monetize the digital world will be one of the topics of conversation.

LeBron James Charity Cuts Staff

Filed under: Charity, Sports

LeBron James may make millions but his nonprofit organization isn't so lucky. The LeBron James Family Foundation launched by the Cleveland Cavaliers star is cutting its staff and some of its charitable work. The foundation will still do their annual June bikeathon but will use consultants instead of staff. James has said that the foundation is being streamlined to make better use of money. The foundation may end up only having a board of directors. Charities all over are cutting back. The major draw for sports star charities is of course the name of the player. Over the past few years having a foundation has become pretty much mandatory for players of note in a variety of sports but these charities also depend on community and corporate support which may be lacking in the current economic climate.

LeBron James Plans A Massive Home

Filed under: Estates

The word "massive" really has its work cut out when it comes to describing the new house basketball player LeBron James is building himself and plans to move into next summer. In addition to absolutely "massive" living spaces like a two-story walk-in closet off the master suite, and not only a huge "great room" but an even bigger "grand room" as well, James really outdoes himself (and the rest of the neighborhood) with a casino, a bowling alley, and a barbershop included in the over 35,000 sq feet of house plans.

Throw in a Starbucks and a gas station and he can upgrade from "massive home" to "small town."


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