In the new Billionaires List Forbes magazine released today, 290
newcomers joined the list, including basketball great, Michael Jordan,
52. He's now the 513th-richest person in the US with a net worth of an
even $1.0 billion.
Forbes report below;
The most famous rookie on the billionaires list? Michael Jordan,
arguably the greatest basketball player of all time and indisputably the
best-paid athlete of all time. Most of his cash comes from Nike payouts
on his iconic brand. The Jordan brand grossed an estimated $2.25
billion in 2013, earning his Airness some $90m. But his most
valuable asset is his stake in the Charlotte Hornets, worth more than
$500m. When ex-Microsoft CEO Steve Ballmer bought the Los Angeles
Clippers for a stunning $2 billion, values of all NBA teams
skyrocketed, creating three new billionaires. Jordan’s old boss Jerry
Reinsdorf, owner of the Chicago Bulls, joined the list with a fortune of
$1.3 billion, and Houston Rockets owner Leslie Alexander boosted his
net worth to $1.6 billion.
