Michael Jordan worth $3 billion to join Forbes 400 in 2023

Michael Jordan's net worth has reached an incredible $3 billion. He made it to the Forbes 400 list of America's richest people in 2023.

Jordan, widely regarded as one of the greatest basketball players of all time, achieved numerous successes throughout his NBA career, winning six championships with the Chicago Bulls. However, his wealth primarily comes from endorsements and royalties, particularly from the Air Jordan brand with Nike, which earns him $150 million annually.

In 2019, Jordan sold a majority stake in the Charlotte Hornets, making a substantial profit and solidifying his position among the richest individuals in the United States. 

Despite his basketball achievements, Jordan has also ventured into various other industries, including car dealerships, restaurants, and equity investments. He continues to own a minority stake in the Hornets and remains their owner.