NBA legend Michael Jordan has reached a new milestone in his entrepreneurial career as the first professional athlete to be ranked among America’s 400 wealthiest people, according to Forbes.
Jordan enters the Forbes 400 list at number 379 having sold his majority stake in the Charlotte Hornets earlier this year.
Forbes estimates that the basketball hall of famer’s net worth is $3 billion. He earned billionaire status in 2015, partly through his endorsement deal with Nike, but also through lucrative contracts with Hanes, Gatorade and Upper Deck.