Michael Jordan is making history! The 60-year-old former NBA superstar has landed on the Forbes 400 list of the world’s wealthiest people, making him the first professional athlete to do so.
Throughout his time in the NBA, where he spent most of his time with the Chicago Bulls with the iconic No 23 jersey, he earned $94 million across 15 seasons, becoming the highest paid player in the league in 1997 and 1998. Keep reading to find out more… However, his brand deals outside of the NBA, with Hanes, Nike, Gatorade, McDonald’s have earned him billions.
Most recently, his reported yearly royalty check from Nike was valued at $260 million! His most recent major financial transaction is what put really catapulted his earnings and landing him on the Forbes list.
In August 2023, Michael sold his majority stake in the Charlotte Hornets NBA team for a $3 billion valuation, the second-highest sale price in league history and nearly 17 times higher than when he first became a principal owner in 2010.
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