LeBron and I have always been about finding companies that we truly believe in and putting real money into them. We're not talking putting in $15,000 or $20,000. It's real money plus the expertise, understanding and knowledge that we bring, as well as bringing LeBron's name and likeness to the product.
If a product costs $10,000 or $20,000 it has limited use. This is what the first computers cost! Only when almost everyone is able to afford it will it be a real thing.
It might sound crazy but you put your money up and take out a little every week. You put yourself on a salary instead of getting $7,000 this week, $20,000 next week and $5,000 the week after that. Take a $1,000. You got your toys, you got everything and your money under your mattress. Break it down and have a salary to take care of you and your family and stretch that money.
I got paid about £5,000 for my first fight against some fat nobody in Wembley. If you're an amazing fighter you'll get between £20,000 and £50,000 for your first fight. I spent all that money on clothes.
What went wrong is we had tremendous concentration in the sense we put a lot of our money to work against U.S. real estate. We got here by lending money, and putting money to work in the U.S. real estate market, in a size that was probably larger than what we ought to have done on a diversification basis.
Gold is not overvalued at $500, and gold will not be overvalued at $1,500 or $2,000. The real money is buying gold and putting it away.
I waited all those years for a title shot, and when I finally got it, I had to pay $20,000 for the opportunity. My purse was only $18,000. So to make money, I had to bet $10,000 on myself at 8-5. That was how it was in those days.
Most of my writing friends are working in academia. Most of my business school friends are always talking about bringing companies public, and money, and making money, and lots and lots of money. It's just a different environment.
I make a lot of money off featuring, doing songs with up-and-coming artists. I can charge someone $10,000 to $15,000 to do one song.
The air in a man's lungs 10,000,000,000, 000,000,000,000 atoms, so that sooner or later every one of us breathes an atom that has been breathed before by anyone you can think of who has ever lived - Michelangelo or George Washington or Moses.
I have a lot of difficulty in a business culture that is only interested in making money. I can't see the point. What's the point of spending £10,000 just to make £20,000? Why not just keep the £10,000?
When I hear that there are 5,000,000 working women in this country, I always take occasion to say that there are 18,000,000 but only 5,000,000 receive their wages.
I've never asked for more money, not one time in my career. I fought Demian Maia for $30,000. The No. 2 guy in the world, I was fighting for $30,000. So I don't care about money.
Hip-hop from the beginning has always been aspirational. It always broke that notion that an artist can't think about money as well. Just so long as you separate the two and you're not making music with business in mind. At some point, it has to be real when they touch it, when they listen to it. Something has to resonate with them that's real.
There are somewhere between 20,000 and 30,000 working magic professionals in the world, and since we debuted our Magic Kit, we have sold over 1 million. So it's for people who have a strong interest, but be it for one trick or a lifetime, we will be there for them. We will guide them so they don't waste their money.
People are putting their money into treasuries because they worry that the risk of putting their money into the bond market, the stock market or even the money markets is very high.
Millions of guys play millions of basketball games every day of the week at the playground or the YMCA. But LeBron James gets $20 million a year because he can jam on all of those guys. We're always going to want to see LeBron and Kobe go at it.