Chris
Legendary Chicago Bulls guard Michael Jordan made history yet again on Monday.
Jordan became the first athlete to enter Forbes 400 list of richest Americans. He has a net worth of $3 billion, per NBA Central. It’s a considerable improvement from his estimated net worth of $2 billion in June
Jordan selling his minority stake of the NBA’s Charlotte Hornets for $3 billion increased his staggering net worth in August, per Forbes’ Justin Birnbaum. The amount represents a 17-fold increase since Michael Jordan became the Hornets’ majority owner 13 years ago. It was the second-biggest franchise sale in NBA history.
Washington Wizards owner Ted Leonsis credited Michael Jordan’s wealth to his success as an athlete, Nike endorser, and NBA team owner.
