Michael Jordan Becomes NBA’s First Billionaire
NBA legend Michael Jordan is now a billionaire.
According to Forbes, Jordan recently increased his ownership stake in the Charlotte Hornets organization to 89.5 percent. At 89.5 percent ownership, his equity in the Hornets is now worth $416 million. His net worth outside of the organization is estimated to be $600 million, which if you do the addition means the Chicago Bulls legend is worth more than a $1 billion.
MJ stays winning.