Published: October 4, 2023 at 11:00 PM PDT
Michael Jordan is most The most successful and famous basketball stars of all time – Now he is also one of the most successful people on the planet.
When he was still playing in the NBA, he was one of the highest-paid athletes in the league. However, his real money-making power comes from his massive endorsement and branding opportunities, which bring him hundreds of millions of dollars in revenue every year, even two decades after his retirement in 2023.
However, according to Forbes reportsJordan recently sold a majority stake in the Charlotte Hornets in August, bringing his net worth to an estimated $3 billion, making him one of the richest people in the United States.
With sudden and huge financial gains, Jordan became the first professional athlete in history to be included in the Forbes 400 elite list—— Ranked 379th
Jordan is also one of only three professional athletes to achieve billionaire status, becoming the first athlete to do so back in 2014.
Subsequently, LeBron James and Tiger Woods both joined the so-called “three-comma club,” although only Jordan made Forbes’ prestigious list.
While selling his stake in the Hornets has pushed his overall wealth to new heights, Forbes reports that Jordan’s endorsement deals have earned him more than $2 billion over the years. Additionally, he received $260 million in royalties from his most recent collaboration with Nike alone.
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