Inside the Lavish Lifestyle of Basketball Billionaire Michael Jordan and His $1.9 Billion Fortune

Having retired a long time ago, Michael Jordan still earns more income than current basketball stars such as LeBron James, Stephen Curry, or Kevin Durant. As of 2015, royalties from Nike alone brought him $100 million a year.

Having retired a long time ago, Michael Jordan still earns more income than current basketball stars such as LeBron James, Stephen Curry, or Kevin Durant. As of 2015, royalties from Nike alone brought him $100 million a year.

He bought the Charlotte Hornets in 2010 for $175 million. In 2014, Michael Jordan officially became a USԀ billiоnaire when the value of his basketball team skyrocketed. Charlotte Hornets is currently valued at more than $1.3 billiоn, and Jordan holds 97% of the shares.

According to Forbes, Michael Jordan is the 455th richest person in the US in 2018 and is the richest former professional athlete on the planet.

Nike owner – Phil Knight – shared that signing with Michael Jordan in 1984 was the wisest decision he ever made. The Jordan brand alone brings in more than $3 billiоn in revenue each year for Nike

Right from his playing days, Michael Jordan signed advertising contracts with a number of different brands.

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