Michael Jordan greatest NBA player also considered as the richest athlete around the globe. Nowadays a question is arising in his fans that how Michael spend his $1.6 billion fortune? But the thing is he made his wealth by working hard and by proving himself best in Basketball. He was known as best basketball player.
He made less than $100 million in his NBA period when he was a member of three comma club in 2014. Michael’s net worth was estimated by Forbes that is around $1.6 billion. He recently announced a $2 million donation of his earnings to ESPN docuseries the last dance to food banks located in Carolinas and Chicago. Not enough yet he also made a donation of $100 million to drive the real impact for Black community.
Moreover he is using his wealth in quite beneficial way for other and as well as for himself. He owns a sprawling estate. Including golf course, an NBA team various Restaurants and also Draftkings.
During his NBA journey he earned $93.7 Million as salary for years. Although he earned $1.7 billion from his partner as endorsement. He once said in his statement “In these challenging time due to COVID-19 a year of unimaginable sorrows, it’s more important to pause and give thanks”.
In the beginning of this year Jordan and Nike’s Jordan brand donated $100 million over 10 years for the social justice and to spread a chance of having access to education.
Michael Jordan is successful in creating an example for others to understand the important point of leveraging your income with investments to enhance the growth of your wealth. He made himself millionaire by playing Basketball, and is now a billionaire by endorsements and by owning equality in basketball players.