How is Michael Jordan a billionaire?

How is Michael Jordan a billionaire?

2. Jordan bought the Charlotte Hornets in 2010 for $175 million, a move that made him a billionaire. The Hornets have since skyrocketed in value, and Jordan officially became a billionaire in 2014 when the NBA franchise's value rose. He owns 97% of the equity in the club.

What is Michael Jordan's annual salary?

His salary during his career totaled $90 million, but he has earned $1.8 billion (pre-tax) from such corporate partners as Nike, Hanes and Gatorade. MJ joined sports-betting firm DraftKings as a special advisor to the board and an investor in September 2020. He also became a NASCAR team co-owner in late 2020.

Was MJ the richest man in the world?

Michael Jordan is considered the greatest NBA player of all time. He's also the richest former professional athlete in the world with a net worth of $1.6 billion.

What is the most expensive thing Michael Jordan has?

The game-worn jersey is the most valuable Michael Jordan memorabilia ever sold at auction to-date, breaking the record of the game-worn Original Air sneakers sold by auction house Christie's for nearly 932 thousand dollars.

What is Michael Jordan's net worth?

• Michael Jordan net worth: Michael Jordan is a former American basketball player and entrepreneur who has a net worth of $1.5 billion.

What is Michael Jordan's salary?

• Michael Jordan's NBA salaries over 15 seasons: $93 million Jordan's net worth today: $1.9 billion (Source: Forbes) pic.twitter.com/3CUfYmn39C - Jon Erlichman (@JonErlichman) Aug

What is Michael Jordans worth?

• Michael Jordan Net Worth: How He Made His Money. Michael Jordan’s net worth is $1.65 billion, according to Forbes. During his storied NBA career, Jordan earned $90 million. The rest of his worth comes from team ownership and his partnership with Nike, among other endorsements.

What is MJ net worth?

• Michael Jordan Net Worth 2019 | Salary | House & Cars. Michael B. Jordan is popularly known as MJ, He is an American retired professional basketball player, businessman, and chairman of the Charlotte Hornets of the National Basketball Association (NBA). As of now, Michael Jordan Net Worth is $1.65 Billion.