Michael Jordan had major hops when he was rewriting NBA record books and making his mark as the most iconic and marketed NBA player in history. Hes still showing that upward mobility as a businessman.
After jumping 90 spots from last year in Forbes’ 2018 billionaires’ list and thanks to his Jordan Brand’s consistent growth in ventures including sneakers, fashion and high school hoop showcases and his majority ownership of the Charlotte Hornets, MJ’s net worth rose $350 million to $1.65 billion this year.
Michael Jordan’s Net Worth Now $1.65 Billion via @Forbes -> https://t.co/QUINYFvg98
Like most NBA teams, the Hornets team’s value also increased 35 percent to $1.05 billion since 2017. Despite a losing record, the team continues to make money. The Jordan Brand has an impressive stable of over 50 members across all sports who represent the brands quest for greatness.
Jordans latest financial gains also push him up to No. 1,477 on the worldwide billionaire’s list and No. 455 in the United States.