Known in many sporting circles as “Air Jordan”, Michael Jordan is probably one of the most well-known sportsmen in the world.
Not only is the ex-basketballer an iconic name in the sporting world, but he’s also the richest man to have ever been involved in the sporting industry.
Michael Jordan has joined the ranks of the billionaires of the world with a net worth of around $2.1 billion.
His Net Worth has significantly grown thanks to the increasing value of the Charlotte Hornets, in which he owns a massive stake.
Of Michael Jordan’s net worth of over $ 2 billion, only just under $100 million of it was made from his salary at the Chicago Bulls and Washington Wizards.
basketball successes
It was his endorsement deals and sponsorships that made him super-wealthy. Nike has been his biggest backer since day one.
ENDORSEMENT DEALS
ENDORSEMENT DEALS
He signed up great sponsorship deals with Coca-Cola, Gatorade, McDonalds, Chevrolet, Wheaties, Upper Deck, Hanes, and a few others over the years.
ENDORSEMENT DEALS
ENDORSEMENT DEALS
The biggest contributor to Michael Jordan’s billionaire net worth has been his ownership of the Charlotte Hornets.
SHARES AND EQUITY
SHARES AND EQUITY
In 2010, he bought controlling shares in the sports team for $175 million, raising his stake to 90%.
SHARES AND EQUITY
SHARES AND EQUITY
Jordan agreed to sell 20% of the Hornet’s equity to Gabe Plotkin and Daniel Sundheim for a staggering sum of $1.5 billion.
SHARES AND EQUITY
SHARES AND EQUITY
His other profitable investments include shares in aXiomatic, Muzik, Gigster, The Miami Marlins Baseball Team and many more.
other shares
His Illinois mansion is worth around $29 million dollars, though he had to slash its price to around $14 million just to try and offload it.
accumulating assets
accumulating assets
Other properties include: $3M penthouse condominium in Charlotte, NC. and $2.8M 12,300 square foot home in Cornelius, NC.