Michael Jordan’s Net Worth Jumps to $1.65 Billion

Michael Jordan is officially wealthier than ever.

After jumping 90 spots from last year in Forbes’ 2018 billionaires’ list, the publication is disclosing more of the details behind Jordan’s surge in wealth.

Thanks to Jordan Brand’s consistent growth and his majority ownership of the Charlotte Hornets, MJ’s net worth rose $350 million to $1.65 billion this year. Despite the Hornets’ on-court struggles, the team’s value increased 35 percent to $1.05 billion since 2017.

The new total pushes Jordan’s spot on the billionaires’ list up to No. 1,477 worldwide and No. 455 in the U.S.

Among other sports figures—a list which is topped by Stanley Kroenke, Robert Kraft, and Jerry Jones—he ranks 21st, just behind WWE’s Vince McMahon.

source: solecollector.com by 

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