Chicago Bulls superstar Michael Jordan is still setting records long after retiring from the game of basketball. After selling his stake in the Charlotte Hornets this summer, Jordan set a new benchmark as the wealthiest NBA player in league history. Jordan’s net worth as of 2023 stands at $3.5 billion, according to Bloomberg.
It’s estimated Jordan walked away with nearly $2.7 billion by selling his majority position with Charlotte. After spending his youth and college years in North Carolina, Jordan became a co-owner of the Hornets in 2006. He served as the majority owner of the team since 2010 before agreeing to sell the team in 2023 to a group led by Gabe Plotkin and Rick Schnall. Shortly after the deal was finalized, Jordan penned a letter to fans posted on the team’s website.
