Michael Jordan is the 1st Billionaire Athlete in the World!
However, Michael Jordan, the NBA GOAT made only $90 Million from his NBA Earnings
That's extremely low when you compare it to players like Shaquille O'Neal who made $292 Million!
So Michael Jordan made most of his fortune off-court & here's how
Endorsements: The Jordan name was leveraged by several brands including Nike, Hanes, McDonald's, Gatorade
From Nike alone, he earns $100 Million annually! It is reported that he's had lifetime earnings of $1.8B through these endorsements.
Jordan is also a majority owner of a NASCAR Team. He has several other businesses - A tequila company, steakhouse & restaurants
What really earned him his billionaire status is Charlotte Hornets! Michael Jordan bought the NBA team with $175M & now it's Net Worth stands at $1.5B!