NBA Legend Michael Jordan Now In Forbes Billionaires List

Wow! This is such a great news and also inspiring to other active sports men/women and aspiring ones! Michael Jordan is a living legend in the game of basketball... Read how Forbes explained his entering the exclusive billionaires list:

"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. Forbes first outed Jordan as a billionaire last June. 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 $90 million. But his most valuable asset is his stake in the Charlotte Hornets, worth more than $500 million. When ex-Microsoft MSFT +0.07% 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."