Michael Jordan’s Net Worth Soars Past A Jaw-Dropping Figure in Latest Forbes Report

Michael Jordan, the legendary basketball superstar known for his Air Jordan brand and business ventures after retiring from the game, has achieved an extraordinary financial milestone. According to Forbes, his net worth now stands at over $3 billion.

This achievement comes after Jordan sold his stake in the Charlotte Hornets earlier this summer, securing a place in an exclusive financial club, as reported by Forbes.

In August, Jordan made a significant move by selling the majority of his ownership in the Charlotte Hornets for an astonishing $3 billion. Even if we compare this to Forbes’ previous valuation of about $1.7 billion in 2022, it would still have been a remarkable achievement for the 60-year-old Hall of Famer. This sale marked the second-highest price ever recorded in NBA history, nearly 17 times the initial value when Jordan took ownership of the franchise back in 2010, according to Forbes.

With his remarkable net worth of $3 billion, Michael Jordan has secured a spot on The Forbes 400 list, becoming the first professional athlete to join America’s wealthiest individuals.

Even in retirement, Michael Jordan continues to achieve remarkable success.

Congratulations, MJ! 

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