Michael Jordan: How He Became the 1st Athlete Billionaire in the World

The first billionaire athlete in the world, Michael Jordan’s ownership stake of Charlotte Bobcats reached 89.5%. Assuming it has a humble value of $600 million, the basketball legend stake is worth $416 million. Added to his outside net worth of $600 million, it makes him a billionaire with $1.016 billion net worth.

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