As one of the greatest athletes in American history, Michael Jordan has become accustomed to success both during and after his iconic NBA career. Now, the widely-proclaimed GOAT can officially stake his claim to another monumental throne.
An article published Monday by Forbes revealed Jordan, at age 60, currently boasts a net worth of $3 billion following the recent sale of his majority ownership stake in the Hornets, making the Hall of Famer the first professional athlete to rank among America’s wealthiest.
Coincidentally, the seismic deal, which was approved on July 23, came together after Jordan sold Charlotte, the league’s 27th most valuable team, at an astonishing $3 billion valuation. Once confirmed, the sale went down as the second-highest in NBA history, coming in at nearly 17 times the $275 million Jordan paid for the team in 2010.