Despite his retirement, Michael Jordan continues to make history. Earlier this week, Forbes You’ve included the former NBA star on your “Forbes 400” list. Jordan is now the first professional athlete to rank among the 400 richest people in the United States. Due to his various business ventures, he currently has an estimated net worth of $3 billion.
He makes the list in large part because he gave up his majority stake in the Charlotte Hornets this year.Earlier this year, he gave up his majority stake for $3 billion, more than Forbes The team’s valuation in 2022. On top of that, Jordan earned $2.3 billion in pre-tax income during his career through brand deals with Nike, Gatorade and McDonald’s. During his time as an active player in the NBA, Jordan was one of the highest-paid players in the league. In his 15 seasons, he earned $94 million and was the highest-paid player in 1997 and 1998. According to the publication, his royalty checks from Jordan shoe purchases brought him approximately $260 million.
As one of the richest men in America, Jordan shows no signs of stopping.Washington Wizards, Mystics and Capitals owner Ted Leonsis tells us Forbes“Michael is one of the few people who has made it three times. A lot of entrepreneurs, they make it once. They have a huge win, take their bonus, retire, and (we) never hear from them again , or they tried something. “He’s had three huge successes,” said Jordan of his time in the NBA, his partnerships with Nike and Jordan Brand. Jordan also recently co-founded a NASCAR Cup Series racing team 23XI Racing, which shows that he is still looking for bigger business opportunities to increase his wealth and set him apart.
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