Leonardo DiCaprio got patriotic on the 4th of July by serving his country ... as well as serving his guests during a volleyball game that he was REALLY into. 

The Oscar winner co-hosted an Independence Day shindig Wednesday in Malibu with his pal, Sean Penn, and got down for a save during a friendly match. Sean appears to have stayed out of the sand, but it's all good -- Leo had it under control. Kind of ...

He gets off to a rough start by knocking the ball into the net, but eventually finds his groove and makes a wicked dive to keep the rally alive. It ends up going out, unfortunately, but dude definitely gets an A for effort.

Oh and, as you might imagine ... there were tons of chicks there, a lot of whom were in their bikinis. Classic Leo, if you ask us. Sean too, apparently.

LeBron James may not be the richest guy floating off the Amalfi Coast right now ... because Jimmy Iovine just showed up! 

The music mogul was spotted on a yacht with LeBron on the 4th of July -- as the NBA star continues to celebrate his new $154 million Lakers contract

Unclear if LeBron is on Jimmy's yacht ... or if Jimmy is on LeBron's yacht -- but one thing is for sure ... they can both afford some sick boats! 

By the way, they have a Beats By Dre connection -- Jimmy (who co-founded the company with Dr. Dre) made a fortune when Apple purchased it for $3.2 billion. 

Did you also know ... LeBron ALSO made a ton of cash from the sale? He reportedly got a small stake in the company in exchange for promoting the brand back in 2008 and, when it sold to Apple, he made a cool $30 mil!

So, who buys drinks on the yacht ... Jimmy or LeBron?

Sarah Ruth

Sarah Ruth

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