Michael Jordan now has $3.5 billion
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Michael Jordan is the richest basketball player of all time. He achieved this status after selling his shares in the NBA team Charlotte Hornets. Currently, Jordan's fortune is estimated at $3.5 billion. The superstar has had several monumental successes, and now we can add one more to the list: building a massive wealth.
The former basketball player, now 60 years old, stated that it was the right moment for the sale and transferred shares worth $3 billion. He retained an undisclosed minority stake, perhaps more as a memento than anything else.
He earned his first millions on the court, but he was also adept at multiplying them. The Jordan brand under Nike is another venture that brings in enormous profits. Moreover, relatively recently, a quite successful film titled "Air," directed by Ben Affleck was released, with Jordan and his collaboration with Nike as its main theme.
