Skip to main content

Michael Jordan is now officially a billionaire, according to Forbes

Michael Jordan can be found near the top of seemingly every list that mentions his name.
He’s not close to the top of a new one, but he’ll probably be just fine with that.
Forbes magazine revealed its 29th annual World’s Billionaires List, and Jordan made the cut for the first time. With an estimated net worth of $1 billion, Jordan qualifies as the 1,741st richest person in the world, the magazine said.
It is believed that Jordan makes more than $100 million a year off royalties from his Nike Air Jordan line, though his business manager Estee Portnoy has never confirmed those numbers. Portnoy said Monday that “we did not comment nor participate in the financial guesstimates” made by Forbes.
In March 2010, Jordan agreed to buy 80 percent of the Charlotte Bobcats on a valuation of about $275 million. Jordan’s stake — as arranged in the original deal — jumped to 89 percent in 2013. Forbes estimates the team, which changed its name to the Hornets this season, is now worth more than $700 million.
The billionaires list is packed with other sports owners. The richest team owner is Steve Ballmer, who bought the Los Angeles Clippers for $2 billion last year. Ballmer is the 35th richest person in the world with a net worth of $21.5 billion. His former Microsoft colleague Paul Allen comes in at No. 2 among team owners. The Seattle Seahawks and Portland Trail Blazers owner is the 51st richest person in the world, Forbes says, with a net worth of $17.5 billion.
Phil Anschutz, who owns the Los Angeles Kings and the L.A. Galaxy and Houston Dynamo of MLS, as well as the Staples Center, comes in as the third richest sports owner with a net worth of $11.8 billion.
Other majority team owners who made the top 400 richest included Brooklyn Nets owner Mikhail Prokhorov (No. 125, $9.9 billion), Chelsea FC owner Roman Abramovich (No. 137, $9.1 billion), Miami Heat owner Micky Arison (No. 191, $7.1 billion), Miami Dolphins owner Stephen Ross (No. 216, $6.5 billion), St. Louis Rams, Denver Nuggets, Colorado Avalanche and Arsenal owner Stan Kroenke (No. 225, $6.3 billion), Orlando Magic owner Rich DeVos (No. 259, $5.7 billion), Detroit Tigers and Red Wings owner Michael Ilitch (No. 330, $4.8 billion), Jacksonville Jaguars and Fulham FC owner Shahid Khan (No. 330, $4.8 billion), Washington Nationals owner Ted Lerner (No. 330, $4.8 billion), New York Knicks and Rangers owners the Dolans (No. 381, $4.3 billion), New England Patriots and Revolution owner Robert Kraft (No. 381, $4.3 billion), and Dallas Cowboys owner Jerry Jones (No. 393, $4.2 billion).
Nike co-founder and chairman Phil Knight, who does not own a team, is ranked 35th with a net worth of $21.5 billion, tied with Ballmer for the spot, while Bass Pro Shops owner John Morris is the 405th richest person in the world with a net worth of $4.1 billion.

Comments

Popular posts from this blog

30 Yahoo Guys Arrested in Ghana,29 are from Nigeria.

30 suspected yahoo boys have been apprehended by the Achimota Mile 7 Police in Accra and 29 of them are Nigerians. The Ghanaian police made the arrest in an early morning swoop on a house at Alhaji Tabora Str in Accra. Gadgets retrieved from the suspects were 34 laptops and 48 mobile phones they allegedly used in committing crimes Graphic.com.gh reports. The suspects are also linked to a dead body that was found wrapped at the Apenkwa neighbourhood two weeks ago. The suspects are aged from 21 to 30. Another suspect, Peter Konadu Frimpong, 34, who was on top of a storey building videoing the police action, was also arrested. The suspects Among the suspects rounded up were Ike Ogu, 24; Ike Iduozi, 23; Blessing Adebayo, 25. Awudu Abdul Razak, 23; Daley Emmanuel, 26; Moses Madjaki, 30; Onaghnise Osahou, 24; Peter Andrews,25; Benjamin Akumeze, 25; Kelvin Osayi, 23; Oforufemi Adrigu, 25, Anthony Irughe, 22 and Kelvin Uche, 22. Others were Timothy Irughe, 22; Elvis Uzeogbu,...

EXPOSED!!! MEET THE LATEST FEMALE SCAMMER PARADING HERSELF AS CUSTOMS OFFICIAL

These are screenshots from her Facebook profile.  Name:Agbor Chidinma Age:27 years(born on 15th November, 1989. She parades herself as a custom official who has worked for over 5years with customs. But how she and her cohorts have managed to carry out nefarious activities and dwindling innocent Nigerians of their hard earned money baffles me.  They post online adverts on facebook with robust claims about car auctioning (impounded cars seized by customs). The prices are ridiculously low thus Innocent Nigerian Citizens who are having difficulty surviving and need cheaper alternatives fall prey to their cheap scam.  Recently, they duped someone of millions of naira and the last one that broke the camel's back is their last transaction with promises that the cars will arrive with complete papers. The victim in tears narrated her own side of the story at the police command in Owerri and it was evident she was scammed of a huge sum of money.  This i...

Abuja Bomb Suspects Arraigned!!!

One of the masterminds of the October 2, 2015 twin bomb blasts in Kuje and Nyanya, two satellite towns in Abuja has pleaded guilty to one out of the five-count charges preferred against him by the Police. The suspect, Abdulwaheed Nasiru pleaded guilty of illegal possession of items used for manufacturing improvised explosive devices. The other suspects who pleaded not guilty to all the charges are Abdulazeez Muhazab, Ishaka Salihu, Mohammed Jimoh and Abdullahi Nasiru. Having pleaded not guilty to the charges, the prosecutor asked for a date to commence trial and November 17, 2015 was fixed for the commencement of the trial. Lawyer to the accused persons, Nureni Sulyman, who did not oppose the application for an early date to commence trial, however, pleaded with the court to remand the accused persons in prison custody. He told the court that he had not gotten enough time to discuss with the accused persons. The five suspects, who were arrested at various locations in ...