How much is Michael Jordan worth? NBA king breaks new record with billions of assets, these five little-known businesses | People | Entertainment

The mention of Michael Jordan refers to the best player in the history of the NBA, who according to experts is a true legend of basketball and one of the richest athletes in the world, well, even though he has left the court It’s been 20 years, but his assets continue to grow disproportionately.

The world of basketball opened the door to a successful career that brought him six NBA championships and millions of dollars in earnings. But according to Vanity Fair, he also dabbled in multiple businesses during his 60-year life, helping him amass his current multi-billion-dollar fortune.

Estimated celebrity net worth as of June 2023 Michael Jordan’s wealth reaches $2.6 billion; However, as mentioned earlier, it recently reached a financial milestone by selling its largest stake in the Charlotte Hornets people in one of his posts on Instagram.

According to data provided by Forbes Argentina, after the transaction was completed, Michael Jordan’s assets reached US$3 billion.

Which businesses made Michael Jordan a millionaire?

His sports career began in 1981, but in 1984 he joined the Chicago Bulls. Since then, basketball has accounted for the largest portion of his income.

The 1.98-meter-tall North Carolina native also knows how to take advantage of the opportunities presented to him, such as a lucrative contract with sports brand Nike that continues to bring him income to this day.

“In 2022 alone, the Jordan Brand, still in the hands of Nike, generated more than 4.6 billion euros in revenue. 5% of which went directly into Mike’s pocket,” Vanity Fair commented in April 2023.

According to American media memories, after he officially retired in 2010, he acquired a majority stake in the Charlotte Hornets for US$180 million. Today, the team is valued at $1.7 billion, according to Forbes.

It is estimated that after 13 years as majority shareholder, Mike will complete the sale for $3 billion. celebrity net worth.

Michael Jordan also started other businesses that also added numbers to his account and helped him become a billionaire:

1. Multi-million dollar deal with Nike
2. Buy NBA Team Charlotte Hornets
3. According to “Vanity Fair”, Grove XXIII, a luxury exclusive golf course in Florida, is being built with less than 100 members and a monthly fee of about $19,000.
4. Jordan owns a NASCAR team and his drivers have two wins so far
5. He owns the ultra-premium tequila brand “Cincoro”, which partners with other former NBA players.

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