Even in retirement, Michael Jordan continues to etch his name in history.
Forbes recently included the former NBA legend in its prestigious “The Forbes 400” list, marking him as the first professional athlete to break into the ranks of the top 400 wealthiest Americans.
His current estimated net worth stands at an impressive $3 billion USD, a testament to his diverse business ventures.
This milestone is primarily attributed to the sale of his majority stake in the Charlotte Hornets earlier this year.
Jordan relinquished control for a staggering $3 billion USD, surpassing Forbes’ 2022 valuation.
Additionally, Jordan amassed $2.3 billion USD in pre-tax earnings throughout his career, thanks to lucrative brand deals with giants like Nike, Gatorade, and McDonald’s.
As an active NBA player, he was among the highest-paid, earning $94 million USD over 15 seasons and claiming the top spot in 1997 and 1998. His Jordan brand royalties alone bring in approximately $260 million USD.
As one of the nation’s wealthiest individuals, Jordan shows no signs of slowing down.
Ted Leonsis, owner of the Washington Wizards, Mystics, and Capitals, remarked to Forbes,
Michael’s one of the few people that have had success three times.”
Leonsis talked about Jordan’s NBA career, his groundbreaking partnership with Nike, and the iconic Jordan Brand.