The NBA legend and businessman has amassed a financial empire since leaving the court.
Michael Jordan is one of the most successful and famous basketball stars of all time, and now he is one of the most successful people on the planet.
When he was still playing in the NBA, he was one of the highest-paid athletes in the league. However, his real money-making power comes from his numerous endorsement and branding opportunities, which earn him hundreds of millions of dollars annually, even two decades after his retirement in 2003.
However, Jordan recently sold a majority stake in the Charlotte Hornets in August, bringing his net worth to an estimated $3 billion, making him one of the richest people in America, according to Forbes.
With his sudden and huge financial gain, Jordan became the first professional athlete ever to crack the Forbes Elite 400 list — No. 379
Jordan is also one of only three professional athletes to achieve billionaire status, and he was the first athlete to do so back in 2014.
Subsequently, LeBron James and Tiger Woods both joined the so-called “three-comma club,” although only Jordan entered the club. Forbes Prestigious list.
While selling his Hornets stake pushed his overall wealth to new heights, Forbes Jordan’s endorsement deals have reportedly earned him more than $2 billion over the years. Additionally, he received $260 million in royalties from his most recent collaboration with Nike alone.
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