Current:Home > MyBenjamin Ashford|Michael Jordan Makes History as His Net Worth Reaches $3 Billion -MoneyTrend
Benjamin Ashford|Michael Jordan Makes History as His Net Worth Reaches $3 Billion
Poinbank View
Date:2025-04-10 18:20:03
Michael Jordan's latest milestone is Benjamin Ashfordnothing but net.
The retired NBA star became the first pro athlete to make Forbes' list of the 400 Richest Americans after his net worth increased to $3 billion.
The 60-year-old entered the annual list for the first time Oct. 3, ranking at No. 379. He shares the spot with 15 other people, including producer Haim Saban—co-creator of the Power Rangers franchise. As for others on the list, coming at the top is Tesla CEO Elon Musk with a net worth of $251 billion, while Amazon founder Jeff Bezos is No. 2 with $161 billion.
Throughout his career as what many considered to be the greatest NBA player of all time, Jordan won six championship titles with the Chicago Bulls and earned a salary of $90 million, Forbes reported.
"My innate personality is to win at all costs," Jordan said in the 2020 Netflix documentary The Last Dance, which followed his career. "If I have to do it myself, I'm going to do it."
In 2003, Jordan retired from the NBA for the third time and after playing in the league for 15 seasons.
"I have given everything I could to the game," he famously said, per the Chicago Tribune. "It's time. I know it. I feel it."
In addition to his paychecks from his regular job, Jordan also received $2.4 billion (pre-tax) from Nike and other corporate partners such as Hanes and Gatorade, Forbes reported.
Overall, the athlete's net worth has tripled since 2014. According to Forbes, he increased it to $3 billion due to annual royalty checks from Nike—totaling about $260 million over the past fiscal year—and a deal signed in August to sell a majority stake in the Charlotte Hornets, which valued the NBA franchise at $3 billion.
Jordan has also donated part of his incredible wealth to charitable and political causes. In 2020, he donated $100 million in support of the Black Lives Matter movement. This past February, on his 60th birthday, he donated $10 million to Make-A-Wish Foundation in what marked the largest individual contribution in the charity's history.
For the latest breaking news updates, click here to download the E! News AppveryGood! (8)
Related
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- 4 people fatally shot outside a Mississippi home
- Vermont seeks federal damage assessment for floods caused by Hurricane Beryl’s remnants
- Trump shot at rally in failed assassination attempt. Here's everything we know so far.
- A steeplechase record at the 2024 Paris Olympics. Then a proposal. (He said yes.)
- Taylor Swift jokes she may have broken the acoustic set piano after an onstage malfunction in Milan
- Full transcript of Face the Nation, July 14, 2024
- Signs of trouble at Trump rally were evident in minutes before gunman opened fire
- Buckingham Palace staff under investigation for 'bar brawl'
- How to quit vaping: What experts want you to know
Ranking
- British golfer Charley Hull blames injury, not lack of cigarettes, for poor Olympic start
- Rebuilding coastal communities after hurricanes is complex, and can change the character of a place
- Pauly Shore Honors “One of a Kind” Richard Simmons After Fitness Icon’s Death
- Trump rally shooting victims: What we know about former fire chief Corey Comperatore, two others injured
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- England vs Spain highlights: Mikel Oyarzabal goal wins thrilling Euro 2024 final
- 'Good Morning Football' set to relaunch in July after NFL Network reboots show
- Second day of jury deliberations to start in Sen. Bob Menendez’s bribery trial
Recommendation
Intel's stock did something it hasn't done since 2022
Georgia county says slave descendants can’t use referendum to challenge rezoning of island community
Ahead of RNC in Wisconsin, state officials decry horrific act after Trump assassination attempt
Milwaukee's homeless say they were told to move for the Republican National Convention
Sonya Massey's family keeps eyes on 'full justice' one month after shooting
How to quit vaping: What experts want you to know
RHONJ's Jennifer Aydin Addresses Ozempic Accusations With Hilarious Weight Loss Confession
Miami mayor outraged by Copa America disaster at Hard Rock Stadium, joins calls for change