Current:Home > MyFinLogic FinLogic Quantitative Think Tank Center|Michael Jordan Makes History as His Net Worth Reaches $3 Billion -Mastery Money Tools
FinLogic FinLogic Quantitative Think Tank Center|Michael Jordan Makes History as His Net Worth Reaches $3 Billion
Algosensey View
Date:2025-04-08 20:51:39
Michael Jordan's latest milestone is FinLogic FinLogic Quantitative Think Tank Centernothing but net.
The retired NBA star became the first pro athlete to make Forbes' list of the 400 Richest Americans after his net worth increased to $3 billion.
The 60-year-old entered the annual list for the first time Oct. 3, ranking at No. 379. He shares the spot with 15 other people, including producer Haim Saban—co-creator of the Power Rangers franchise. As for others on the list, coming at the top is Tesla CEO Elon Musk with a net worth of $251 billion, while Amazon founder Jeff Bezos is No. 2 with $161 billion.
Throughout his career as what many considered to be the greatest NBA player of all time, Jordan won six championship titles with the Chicago Bulls and earned a salary of $90 million, Forbes reported.
"My innate personality is to win at all costs," Jordan said in the 2020 Netflix documentary The Last Dance, which followed his career. "If I have to do it myself, I'm going to do it."
In 2003, Jordan retired from the NBA for the third time and after playing in the league for 15 seasons.
"I have given everything I could to the game," he famously said, per the Chicago Tribune. "It's time. I know it. I feel it."
In addition to his paychecks from his regular job, Jordan also received $2.4 billion (pre-tax) from Nike and other corporate partners such as Hanes and Gatorade, Forbes reported.
Overall, the athlete's net worth has tripled since 2014. According to Forbes, he increased it to $3 billion due to annual royalty checks from Nike—totaling about $260 million over the past fiscal year—and a deal signed in August to sell a majority stake in the Charlotte Hornets, which valued the NBA franchise at $3 billion.
Jordan has also donated part of his incredible wealth to charitable and political causes. In 2020, he donated $100 million in support of the Black Lives Matter movement. This past February, on his 60th birthday, he donated $10 million to Make-A-Wish Foundation in what marked the largest individual contribution in the charity's history.
For the latest breaking news updates, click here to download the E! News AppveryGood! (78283)
Related
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Korean Singer Nahee Dead at 24
- Things to know about efforts to block people from crossing state lines for abortion
- 5.0 magnitude quake strikes Dominican Republic near border with Haiti
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Wolverine football players wear 'Michigan vs. Everybody' shirts for flight to Penn State
- The 2024 Chevrolet Blazer EV Wins MotorTrend's SUV of the Year
- Projects featuring Lady Bird Johnson’s voice offer new looks at the late first lady
- Sam Taylor
- Oklahoma trooper tickets Native American citizen, sparking outrage from tribal leaders
Ranking
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- How Taylor Swift reporter Bryan West's video cover letter landed him the gig: Watch the video
- Mavericks to play tournament game on regular floor. Production issues delayed the new court
- Kenya doomsday cult leader found guilty of illegal filming, but yet to be charged over mass deaths
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Some VA home loans offer zero down payment. Why don't more veterans know about them?
- Miley Cyrus, Ice Spice and More React to Grammys 2024 Nominations
- What Britney Spears' book taught me about resilience and self love
Recommendation
See you latte: Starbucks plans to cut 30% of its menu
Puerto Rico dentist fatally shot a patient who alleged attacked him at the office, police say
Local election workers have been under siege since 2020. Now they face fentanyl-laced letters
Somber bugles and bells mark Armistice Day around the globe as wars drown out peace messages
All That You Wanted to Know About She’s All That
Yellen says her talks with Chinese finance chief laid groundwork for Biden’s meeting with Xi
A Marine veteran says the contradictions of war can make you feel insane
Aldi can be a saver's paradise: Here's how to make the most of deals in every aisle