Wednesday, March 4, 2015

Official: Michael Jordan is now a billionaire

Michael Jordan is now officially one of 1829`s people in the world, holding more than $ 1 billion.
The best basketball player of all the times is the 1741th in the world. Jordan occupies the 513th place among the richest in the US.

The main part of the reach of Jordan, which amounts to just 1 billion dollars is from his contract with Nike, carrying 90 million dollars per year.

Half of the reach of Jordan (500 million dollars), however, is the ownership of the Charlotte Hornets. The team of 52-year-old Jordan today is estimated at 725 million dollars or more than 300 million dollars more than a year earlier.

The star has bought Hornets for 275 million dollars in 2010. The average price of the teams from the NBA has noted a record increase of 634 million dollars for 1.1 billion dollars last year.
This is mainly due to the transaction carried out by Steve Ballmer, who has bought Los Angeles Clippers for 2 billion dollars.

The former tennis player and now an investor in real estate Ion Tsiryak and Jordan are the only both former athletes whose state exceeds one billion dollars.

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