Basketball legend Michael Jordan has a net worth of $3 billion as of November 2023, according to Forbes.3.2 billion USD (2024)Michael Jordan / Net worth
Michael Jordan is one the highest paid basketball players ever with $3 billion. Inside the legendary basketball player's unrivaled marketing secret.Yes, Michael Jordan still owns his royalties of Air Jordan and is said to earn an estimated 5% on every Jordan sale Nike makes. As of today, Michael Jordan has earned over $1.4 billion from the Jordan brand till date. His yearly revenues are said to amount to over $60 million every year.
What does Michael Jordan own : Charlotte Hornets and NASCAR
As a result, he became a stake owner in sports betting company DraftKings, he's the co-owner of the Cincoro tequila brand, he has three locations of the Michael Jordan's Steak House, and is a co-owner of his own NASCAR team.
Was MJ a billionaire
Michael Jordan is known for his storied NBA career, but it's business ventures catapulted him into the billionaire club. According to Insider, Jordan became a billionaire in 2014 when the value of the Charlotte Hornets, the NBA franchise he purchased in 2010, rose. The team is now worth more than $1 billion.
Who is the 3 richest NBA player : 2023-2024 Player Salaries
| RK | NAME | SALARY |
|---|---|---|
| 1 | Stephen Curry, PG | $51,915,615 |
| 2 | Kevin Durant, PF | $47,649,433 |
| 3 | LeBron James, SF | $47,607,350 |
| 4 | Nikola Jokic, C | $47,607,350 |
Michael Jordan is a billionaire. Forbes reports his current net worth is $3.2 billion.
Air Jordan is a line of basketball shoes produced by Nike, Inc. Related apparel and accessories are marketed under the Jordan Brand. The silhouette of Michael Jordan served as inspiration to create the "Jumpman" logo.
Is Jordan still owned by Nike
Air Jordan is a line of basketball shoes produced by Nike, Inc. Related apparel and accessories are marketed under the Jordan Brand. The silhouette of Michael Jordan served as inspiration to create the "Jumpman" logo.But it was off the court where Jordan put serious air between himself and every other athlete on the planet, earning an estimated $2.4 billion (pre-tax) over his career with brands such as McDonald's, Gatorade, Hanes and, of course, Nike, where his most recent yearly royalty check was for some $260 million.Michael Jackson's Net worth:
Michael Jackson had a $500 million net worth before dying. However, he went bankrupt after requesting a $380 million loan from Bank of America to finance his lifestyle.
Jordan's net worth is $1.7 billion, according to Forbes. Like Jordan, LeBron has maximized his off-court game to join the three-comma club. James has made roughly $415 million in player salary over 20 NBA seasons, but he has been the league's highest-paid player only once during that time.
Who is a billionaire in the NBA : guard Magic Johnson
Former NBA point guard Magic Johnson is now a billionaire, joining fellow NBA players Michael Jordan and LeBron James as well as golfer Tiger Woods as the only athletes to do so.
Who owns the Jordan logo : The "Jumpman" logo is owned by Nike to promote the Air Jordan brand of basketball sneakers and other sportswear. It is a silhouette of former NBA player and current Charlotte Hornets minority owner Michael Jordan.
Who owns Nike
4 The co-founder of Nike, Phil Knight, and his son Travis Knight, along with the holding companies and trusts they control, own more than 97% of outstanding Class A shares. 5 This allows the Knight family to exercise effective control of Nike even though it is a publicly traded business.
Jordan won six NBA titles and his five MVP prizes. He decided to commit to Nike because Adidas was looking for players to compete with Converse, which had stars Magic Johnson, Larry Bird and Julius Erving.He's had three mega successes." Forbes noted that Jordan is one of three athletes ever to earn billionaire status. LeBron James and Tiger Woods are the other two.
Is Jordan a trillionaire : Michael Jordan is a billionaire. Forbes reports his current net worth is $3.2 billion.