Michael Jordan retired from his playing career two decades ago, leaving the game in 2003 after a brief spell with the Washington Wizards. However, even as a player, the American began to accumulate wealth, and today his wealth makes history.
“Air” this month became the first athlete to be named to the Forbes 400, a select group of America’s wealthiest people. J.Last August, Odan successfully entered this list after the Charlotte Hornets, of which he was the majority shareholder, was sold to a business group for $3 billion.
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.
The Bulls star was also among the elite athletes who became billionaires in 2014, including LeBron James and Tiger Woods They achieved this status by combining outstanding sporting results with lucrative commercial contracts.
Businessman and owner of the Washington Wizards, Ted Leonsis,he is Forbes That Michael’s next firm goal is 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.