“Aim High: Michael Jordan Achieves the Historic Milestone of Becoming the First Billionaire Athlete”

Michael Jordan, the renowned basketball icon, has made history by being the first athlete to achieve billionaire status. According to Forbes, he is currently valued at an impressive $1.9 billion, a truly remarkable feat.

Even though Michael Jordan has been retired for a while, he still earns more than current basketball stars like LeBron James, Stephen Curry, and Kevin Durant. He earned a whopping $100 million in 2015 from Nike royalties alone. This impressive feat was captured in an Associated Press photo.

Most of his wealth these days is derived from the Jordan brand and ownership of the Charlotte Hornets basketball team. His net worth is massive.

Back in 2010, Michael Jordan bought the Charlotte Hornets for $175 million. Four years later in 2014, he became an official basketball player as the team’s value skyrocketed. Today, the Hornets are worth more than $1.3 billion, and Jordan owns a whopping 97 percent share of the team. This snapshot was captured by the Associated Press.

Forbes reports that Michael Jordan held the 455th spot on the 2018 list of the wealthiest individuals in the United States. He also earned the title of the richest retired athlete globally. A picture from Getty accompanies the article.

According to Phil Knight, the head of Nike, his decision to recruit Michael Jordan in 1984 was the greatest choice he ever made. Due to the popularity of the Jordan brand, Nike generates over $3 billion in revenue annually. This information was reported by the Associated Press.

At the start of his professional journey, Michael Jordan inked advertising deals with various companies. This involved promoting their products and services through his image and credibility. A snapshot from his earlier days shows him endorsing different brands.

The proprietor possesses a multitude of dining establishments located in various states, namely Florida, Connecticut, Washington, and Illinois. An accompanying image sourced from Yelp supports this assertion.

In addition to his successful basketball career, this legendary player also runs a Nissan dealership located in Durham, North Carolina according to Google Maps.

Michael Jordan owns a personal aircraft that features his iconic jersey numbers and basketball-related images. The plane is uniquely designed to reflect his success as a basketball player. This information was reported by ESPN.

Just a little while ago, he made a purchase of a golf course located in Florida and intends to launch it sometime this year. Visuals provided by Getty.

As with many other individuals who have accumulated vast amounts of wealth, Michael Jordan also possesses a range of luxurious real estate properties. These include a stunning mansion in Florida worth $12.8 million, a magnificent mansion in North Carolina valued at $2.8 million, and an impressive villa complex worth $14.9 million located in the city of Chicago, Illinois. A photograph of one of these properties was featured in the Washington Post.

Back in 2016, there was a lawsuit that he won against a Chinese enterprise for violating the copyright of his image. It was a great victory and he decided to donate the entire amount he had received as compensation to 23 different charities, all of which were focused on helping children in Chicago. He also displayed immense generosity when Hurricane Florence struck in 2018 by donating a whopping $2 million to help repair the damage caused by it. This act of kindness was highly appreciated and garnered a lot of attention from people worldwide. Photo credit goes to AP.

Back in 2006, basketball legend Michael Jordan had to pay a hefty sum of $168 million for his divorce settlement with his first wife Juanita Vanoy. This news made headlines, and many were shocked by the amount.

Aside from his involvement in basketball, Michael Jordan has ventured into other business ventures such as investing in the Miami Marlins baseball team and various tech startups based in Silicon Valley.

Whenever Michael Jordan goes overseas, he shells out around $1,000 to $1,500 per hour for the services of bodyguards to be with him. This ensures his safety and security while traveling.

Jordan used to purchase his initial cars from Mercedes and Pontiacs. However, with his success and fame, he has accumulated several vehicles ranging from Land Rovers to Ferraris. A photograph from Shutterstock showcases his remarkable car collection.

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