Skip to content
After 12 years and multiple price cuts, Michael Jordan’s lavish Highland Park mansion has sold for $9.5 million, marking the end of a long real estate saga.
The primary driver behind the substantial increase in Jordan’s wealth was the sale of his controlling stake in the Charlotte Hornets, a professional basketball team.
With this most recent milestone, Jordan’s legacy continues to redefine the boundaries of success on and off the basketball court.
The deal, valued at an impressive $3 billion, marks the end of Michael Jordan’s decade-long tenure as the franchise’s chief decision-maker.
Since the start of the year, Jordan’s net worth has risen by $300 million, from $1.7 billion to $2 billion.
Jordan is the first athlete to amass a billion-dollar fortune.
He is expected to maintain a minority ownership interest in the franchise.