Michael Jordan Joins Forbes 400 List as First Athlete with $3 Billion Net Worth

Michael Jordan has become the first professional athlete to rank among America's 400 wealthiest people, thanks to his sale of the Charlotte Hornets. His net worth is now estimated at $3 billion, according to Forbes. This marks the first time a professional athlete has been included in the Forbes 400 list. Jordan's wealth is largely attributed to his ownership of the Charlotte Hornets and his lucrative endorsement deal with Nike, which earns him nearly three times as much money in one year as he made during his entire NBA career.