Michael Jordan, the former NBA star, is not expected to slow down in terms of his wealth.
The newest addition to the list of America’s wealthiest individuals is the former NBA star, Michael Jordan. (Photo: CNBC)
Former NBA Star Makes It To The Forbes 400 List
Michael Jordan, the former NBA star, has achieved another milestone by becoming the first professional athlete to be included in Forbes’ list of America’s wealthiest individuals, known as the Forbes 400 list. The former NBA star’s estimated net worth of $3 billion earned him this recognition.
The former NBA star’s success is largely attributed to endorsement deals, including his own line of shoes, as well as team ownership. The former NBA star sold his controlling stake in the Charlotte Hornets for $3 billion, significantly higher than the $275 million he initially invested in 2010.
Although the team did not achieve much on-court success under the former NBA star’s ownership, it proved to be a lucrative asset. The former NBA star’s success story has become a model for athletes.
According to a published article by CBS Sports, the former NBA star is likely to be followed by other players such as LeBron James. The former NBA star has become an inspiration to many players of the same field.
Pre-Tax Earnings Of The Former NBA Star
In a published article by Robb Report, throughout the former NBA star’s career, he accumulated a total of $2.4 billion in pre-tax earnings from NBA salaries and brand endorsements.
The former NBA star’s partnership with Nike on the Air Jordan brand has been particularly lucrative, with his most recent royalty check amounting to approximately $260 million.
