Michael Jordan becomes first athlete to make rich list with $4.7 billion

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Michael Jordan becomes first athlete to make rich list with $4.7 billion
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Retired basketballer Michael Jordan is now worth $4.7 billion after a mammoth business deal sent his net worth rocketing into the ranks of America’s richest people.

Jordan, 60, first stepped onto an NBA court in 1984 as a 21-year-old rookie and quickly made a name for himself. Over the course of 15 NBA seasons, he hauled in a reported $149 million and was the league’s highest paid player in ‘97 and ‘98.

Jordan’s sale of the Charlotte Hornets made him the first pro athlete to grace the Forbes 400. Picture: Kevork Djansezian/Getty Images “He was a brand before people discussed human beings being brands,” added Marc Ganis, president of the consulting firm Sportscorp. According to Forbes, only three professional athletes have reached billionaire status — first Jordan, in 2014, followed by LeBron James and Tiger Woods.

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