Michael Jordan makes history as first athlete to reach $3 billion net worth – NBC10 Philadelphia

Originally appeared on E!online

Michael Jordan’s latest milestone is nothing but net worth.

The retired NBA star’s net worth increased to $3 billion, making him the first professional athlete to appear on Forbes’ list of America’s 400 richest people.

The 60-year-old first entered the annual list on October 3, ranking 379th. He shares the spot with 15 others, including producer Haim Saban, co-creator of the Power Rangers series. As for the others on the list, at the top of the list are Tesla CEO Elon Musk, who has a net worth of $251 billion, and Amazon founder Jeff Bezos Ranked second with a net worth of $161 billion.

During his career, Jordan was considered by many to be the greatest NBA player of all time, winning six championships with the Chicago Bulls and earning a salary of $90 million, according to Forbes.

“My innate personality is to win at all costs,” Jordan said in the 2020 Netflix documentary “The Last Dance,” which chronicled his career. “If I have to do it myself, I’ll do it.”

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In 2003, Jordan retired from the NBA for the third time after 15 seasons in the league.

“I’ve given everything I’ve got to play,” he famously said, according to the Chicago Tribune. “It’s time. I know it. I feel it.”

According to Forbes, in addition to his regular job salary, Jordan also received $2.4 billion (before taxes) from Nike and other corporate partners such as Hanes and Gatorade.

Overall, the athlete’s net worth has tripled since 2014. His net worth increased to $3 billion thanks to annual royalties from Nike, which totaled about $260 million last fiscal year, and an agreement signed in August to sell a majority stake in the Charlotte Hornets, according to Forbes team, this NBA team is valued at $3 billion.

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