Michael Jordan made $1.8 billion in 2023 thanks to Hornets sale
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.
Charlotte Hornets
Michael Jordan’s net worth grows by $1.8 billion in 2023
With this most recent milestone, Jordan’s legacy continues to redefine the boundaries of success on and off the basketball court.
Michael Jordan finalizes sale of Hornets stake in $3-billion deal
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.
Michael Jordan scores big with $300-million boost in net worth this year
Since the start of the year, Jordan’s net worth has risen by $300 million, from $1.7 billion to $2 billion.
Basketball legend Michael Jordan gains $300 million as net worth hits $2 billion
Jordan is the first athlete to amass a billion-dollar fortune.
Michael Jordan considers selling majority stake in billion-dollar Charlotte Hornets franchise
He is expected to maintain a minority ownership interest in the franchise.