Michael Jordan becomes first athlete on list of richest Americans: The wealth he amassed is staggering

since debut NBA In 1984, with his six championship rings chicago bulls, Michael Jordan Not only did he leave an indelible mark on basketball history as an athlete, but he also forged a path to success off the court as a businessman that made him first athlete Be on the list of reputable people richer American, known as Forbes 400.

During his 15 seasons in the best basketball league on the planet, His Majesty

accumulated considerable wealth $94 million As a player, he was highly paid, becoming the top earner from the NBA in 1997 and 1998. However, his true financial power extends beyond his talents as an athlete, as he has successfully positioned himself as a global icon and businessman. Be smart and multiply your profits.

financial legacy MJ was formed through deals with well-known brands, including McDonald’s, Gatorade, Hanes and, of course, Nike (whose sneaker models Air Jordan), for which his annual royalties reached an impressive US$260 million According to a publication in a well-known magazine, in the last measurement Forbesdedicated to information related to the business and investment fields.

But the new coup that put him among the richest people in this great northern country came in August 2023, when Jordan

sell its majority stake charlotte hornets for a staggering valuation US$3 billion.Although some estimates suggest he could have sold the franchise in 2022 for around $1.7 billion, the legend 60 years He showed his business ability by choosing to wait and get the best opportunity to cut, just like he did every time he took the orange ball on the field.

In this way, use a net worth estimated US$3 billionJordan earns spot on exclusive list Forbes 400, marking an unprecedented milestone in the sports world.While the Bulls star was also a pioneer among the elite athletes who became billionaires in 2014, other celebrities such as LeBron James and Tiger Woods They achieved this status by combining outstanding sporting results with lucrative commercial contracts.

was once considered “a sponge” One of his partners said that Jordan still retains a minority stake in the Hornets out of a desire to learn and understand the secrets of the business world and is looking for new investments, in addition to other businesses such as car dealerships, top restaurants and premium tequila. Lanjiu brand, etc. Businessman and owner of the Washington Wizards, Ted Leonsis,he is Forbes Michael’s next firm target will be NASCAR, with the former basketball player investing in the automotive category in 2020 as co-founder of the Cup Series’ 23XI Racing team. “I bet it’s going to be a big thing for him. He’s very competitive and has a desire to win,” he said.