The 400 Richest No. 1 Athletes in America, Worth $3B

NBA legend Michael Jordan has achieved a historic milestone in his entrepreneurial journey, becoming the first professional athlete to crack the list of the 400 richest people in the United States, CNN reports.

Jordan entered the Forbes 400 list at No. 379 after selling a majority stake in the Charlotte Hornets earlier this year. To put things in perspective, he’s only a few spots below WWE owner Vince McMahon.

Forbes estimates the Basketball Hall of Famer’s net worth at $3 billion. He became a billionaire back in 2015, thanks in part to his lucrative endorsement deal with Nike, as well as lucrative contracts with Hanes, Gatorade and Upper Deck.

While Jordan is still a long way from cracking the coveted Forbes top 100—a feat that would require a fortune of nearly $9 billion—if anyone could do it, he would arguably be the greatest in sports history. The most competitive figure.

During his illustrious 15-season NBA career, Jordan won 5 MVP awards and 6 championships with the Chicago Bulls. Widely considered the greatest basketball player of all time, he retired for the final time in 2003 after two seasons with the Washington Wizards.

In 2010, Jordan purchased the Charlotte Hornets for approximately $275 million. However, in June this year, he sold a majority stake to a consortium led by Gabe Plotkin and Rick Schnall, a move that propelled him onto the Forbes 400 list. However, Jordan retained a minority stake in the team.

Notably, Elon Musk tops the Forbes 400 list with an estimated fortune of $251 billion, surpassing Amazon founder Jeff Bezos, who has an estimated fortune of $251 billion. to $161 billion.