Michael Jordan’s net worth soars to $3 billion – OutKick

Michael Jordan was a very wealthy man who achieved incredible financial success.

Jordan officially became the first athlete in history to crack the Forbes 400 list of America’s richest people, with an estimated net worth of $3 billion.

While the former Chicago Bulls star and six-time NBA champion earned approximately $94 million in the NBA, where he really makes his money is off the court. His total revenue from endorsement deals with Nike, Gatorade, McDonald’s, Hanes and other companies is approximately $2.4 billion.

Michael Jordan becomes the first athlete to appear on the Forbes 400 list. (Photo by Elsa/Getty Images)

According to “Forbes”, his annual income at Nike recently reached a staggering $260 million. The rest of his net worth came from the sale of his majority stake in the Charlotte Hornets, which was valued at $3 billion at the time of the sale.

Simply put, Michael Jordan had more money than he tried to spend, and very little of it came from actually playing basketball.

Michael Jordan is worth an estimated $3 billion.

The only other American athletes in history to achieve billionaire status are LeBron James and Tiger Woods. It was very rare air, and Michael Jordan was at the forefront.

Jordan’s incredible commercial success is a great example of the money-making potential of stars who are focused on making money and attracting as many people as possible.

It’s no secret that Michael Jordan didn’t want to get involved in politics because “Republicans buy sneakers, too.” That theory seems to hold up, as Jordan is simply not as polarizing as LeBron James, and according to Forbes, Nike’s Jordan Brand last year Generated $6.6 billion in revenue.

The former Bulls star made more money in one year by putting his logo on his shoes than in his entire NBA career. This is truly remarkable.

Forbes estimates Michael Jordan’s net worth at $3 billion. (Photo by Lance King/Getty Images)

Props to Jordan for getting as much money as possible and only continuing to increase his net worth. You love seeing it.

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