The famous basketball player made it to the billionaires list this year. As per Forbes, Michael Jordan was able to join the list of Forbes' Annual Billionaires List. He was able to accomplish his first billion with the help of his NBA franchise values.
Just last year, Jordan was able to earn $100 million from Nike and other brands the previous Chicago player endorsed. His Jordan brand made a drastic increase which rose 17% last year with a whooping amount $2.6 billion as per the data gathered by Sports Scan Info. The website then added that Jordan has "eight times the sales of the signature shoes for the NBA star."
As per an analyst who tracks Nike at Janner Capital Markets, Nike has done a wise business move by evolving the Jordan brand from basketball shoes, to a lifestyle apparel.
"Nike has done an unbelievable job evolving the Jordan Brand from pure basketball to a more lifestyle brand that inherently pulls in a much larger target market."
In line with his net worth, Michael Jordan's suburban Chicago mansion is currently up for grabs, he sold it for $29 million back in 2013, and unfortunately no one wants to buy it. As per The Celebrity Net Worth, just this May, Jordan lowered the price from $29 million, down to $14 million.
The whole estate covers 52,000 square feet and the house itself occupies 32,683 square feet with 9 bedrooms and 15 bathrooms. It also has an NBA quality basketball court built with specific instructions that came from Michael Jordan himself. It also has a state-of-the-art fitness studio which was once used by the entire Bulls organization for their weekend retreat practice.
The website then shared a video footage of Michael Jordan's mansion for interested buyers to get a better view.
