Tuesday 3 March 2015

Basketball legend Michael Jordan now a billionaire, joins Forbes list


In the new Billionaires List Forbes magazine released today, 290 newcomers joined the list, including basketball great, Michael Jordan, 52. He's now the 513th-richest person in the US with a net worth of an even $1.0 billion. Forbes report below;
The most famous rookie on the billionaires list? Michael Jordan, arguably the greatest basketball player of all time and indisputably the best-paid athlete of all time. Most of his cash comes from Nike payouts on his iconic brand. The Jordan brand grossed an estimated $2.25 billion in 2013, earning his Airness some $90m. But his most valuable asset is his stake in the Charlotte Hornets, worth more than $500m. When ex-Microsoft CEO Steve Ballmer bought the Los Angeles Clippers for a stunning $2 billion, values of all NBA teams skyrocketed, creating three new billionaires. Jordan’s old boss Jerry Reinsdorf, owner of the Chicago Bulls, joined the list with a fortune of $1.3 billion, and Houston Rockets owner Leslie Alexander boosted his net worth to $1.6 billion.

No comments:

Post a Comment

Young lady allegedly kidnapped in Abuja, abductors tell family "you will never see her again"

  An Istanbul-based Nigerian man, Iwuala Nnamdi has said his cousin, Favour Amajor, was kidnapped in Abuja.  The young lady was last seen at...