NBA legend and billionaire Michael Jordan is set for a cash windfall with the 60-year-old reportedly set to sell his majority stake in the Charlotte Hornets.
Six-time NBA champion and five-time MVP Jordan was well known for making game-winning decisions on the court during his 19-year professional career. But he’s been just as good at making decisions off the court, which has helped him become the richest retired athlete in the world.
According to Forbes, Jordan is worth $2billion (£1.6bn) and his net worth has largely been boosted by his majority stake in NBA team, the Charlotte Hornets. He purchased it in 2010 for $175million and controlled 97% of the team before selling a chunk of it to two investors in 2019.