Michael Jordan makes history with net worth reaching $3 billion

Originally appeared on E!online

Michael JordanThe latest milestone is nothing but the web.

The retired NBA star becomes the first professional athlete to receive this honor ForbesAfter his net worth increased to $3 billion, he was included in the list of the 400 richest people in America.

The 60-year-old entered the annual list for the first time on October 3, ranking 379th.He shared the spot with 15 other people, including producers Haim Saban–Co-founder power rangers Franchise.As for the rest of the list, at the top of the list is Tesla CEO Elon Musk

Net worth $251 billion, while Amazon founder Jeff Bezos Ranked second with $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. Forbes the report said.

“My innate personality is to win at all costs,” Jordan said in the 2020 Netflix documentary. last dance, which followed 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 to this sport,” he famously said. chicago tribune. “It’s time. I know it. I feel it.”

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, Forbes the report said.

Overall, the athlete’s net worth has tripled since 2014.according to Forbesthanks to the annual royalties Nike collects (which totaled about $260 million last fiscal year) and the agreement signed in August to sell a majority stake in the Charlotte Hornets, which valued the NBA team at $3 billion ), which he increased to $3 billion.

Jordan also donated a portion of his incredible wealth to charitable and political causes. In 2020, he donated $100 million to support the “Black Lives Matter” movement. In February, on his 60th birthday, he donated $10 million to the Make-A-Wish Foundation, the largest individual donation in the charity’s history.

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