Michael Jordan’s net worth has skyrocketed on the back of his relinquishing his majority stake in the Charlotte Hornets this year.
The former Chicago Bulls star, widely touted as the best player to ever grace a basketball court, saw his 13-year run as the majority owner of said team end in August. And the sale has made him one of the richest people in the world. It’s also thrust him into The Forbes 400, which marks the first time a professional athlete has been ranked among America’s richest, with the GOAT now boasting a net worth of $3 billion.
Forbes posted as much on social media this week, and the reactions were as you would expect.
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Jordan has made way more money off the court than he ever did on it. He continues to attract lucrative endorsements, while he has made some very profitable investments (save GameStop). The Jordan Brand remains the most popular sneaker line in the world, bringing him millions every year, and he’s since turned his purchase of the Hornets into a massive payday.