Michael Jordan becomes first athlete to enter America’s richest list

Considered by many to be the greatest player in history basketballMichael Jordan was incredibly successful within the franchise, but it was outside of it that the former Chicago Bulls point guard lost his fortune.Last second to be fair, Jordan makes the roster Forbes One of the 400 richest people in the United States, with an estimated net worth of R$15 billion.

In 2014, Jordan became the first billionaire professional athlete, but it was in August of this year that the former player’s wealth increased significantly.Here’s Why Jordan Is Selling His Majority Stake Immediately NBACharlotte Hornets, for about $3 billion (15 billion reais at current prices).

In 2010, the basketball team invested US$275 million (current price of R$1.4 billion) to acquire the team. Even without winning the championship, the value of time has increased nearly 11 times in 13 years.

In addition to selling both Hornets, Jordan also had business dealings with major corporations, including McDonald’s, Gatorade, and mostly Nike. As a shoe company, or rather a former player, he has his own line of sneakers and makes money from every pair of Air Jordans sold.second arrival ForbesTheir most recent annual royalties were approximately $260 million (R$1.3 billion at current exchange rates).

Now, Jordan’s new focus is on the automotive world, specifically NASCAR. In 2020, he co-sponsored Cup Series team 23XI Racing to compete in one of the major U.S. stock car racing series.