Former professional basketball player Michael Jordan has been rich for a while. Now he's Forbes Billionaire List Rich!
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 $90 million. But his most valuable asset is his stake in the Charlotte Hornets, worth more than $500 million.
What does having a billion dollars feel like? I don't know, but if I had to guess: "Chasing a pal through a golf course in a sweater vest and whatever pants you please."
Jordan became a billionaire this summer when he increased his stake in the Hornets. If you're interested in how he remains more relevant than any active athlete, Forbes has a good look from a year ago, too.
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