"Michael Jordan" by Joshua Massel. Cropped by en:User:Quadzilla99 - original flickr source,. Licensed under CC BY-SA 2.0 via Wikimedia Commons - http://commons.wikimedia.org/wiki/File:Michael_Jordan.jpg#mediaviewer/File:Michael_Jordan.jpg

“Michael Jordan” by Joshua Massel. Cropped by en:User:Quadzilla99 – original flickr source,. Licensed under CC BY-SA 2.0 via Wikimedia Commons – http://commons.wikimedia.org/wiki/File:Michael_Jordan.jpg#mediaviewer/File:Michael_Jordan.jpg

Forbes Welcomes Michael Jordan to Billionaire List

Forbes has updated its billionaires list, welcoming more than 200 newcomers, including former NBA superstar Michael Jordan.

Jordan could quite possibly be the most famous newcomer to the list. More than 70 of the lists newcomers are from China and 57 are from the United States. Nearly two dozen billionaires, each from Germany and India, were also added to the list.

From Forbes‘ Dan Alexander:

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. When ex-Microsoft CEO Steve Ballmer bought the Los Angeles Clippers for a stunning $2 billion, values of all NBA teams skyrocketed, creating three new billionaires. Jordan’s old boss Jerry Reinsdorf, owner of the Chicago Bulls, joined the list with a fortune of $1.3 billion, and Houston Rockets owner Leslie Alexander boosted his net worth to $1.6 billion.

Early members of Uber were also added to the list, as well as Snapchat founders Bobby Murphy and Evan Spiegel. The recently widowed Maria Franca Fissolo has been noted to be the wealthiest of the list’s newcomers. The recently widowed Fissolo, wife of the late sweet-treat king Michael Ferrero, entered the list at a net worth of approximately $24 billion.

Jordan was primarily known for his time playing with the NBA team, the Chicago Bulls. Jordan has, in addition, participated in Olympic sporting events in addition to trying his hand at baseball. Jordan, who has retired three times, has also worked as an actor.

Billionaire Jordan has retired three times and currently is part-owner of the Charlotte Hornets. Forbes estimates that a majority of Jordan’s wealth arises from his Nike endorsement. According to Forbes, Jordan’s brand drew in an “estimated $2.25 billion dollars in 2013.”

Reference link:

http://www.forbes.com/sites/danalexander/2015/03/02/record-290-newcomers-join-forbes-billionaires-list-including-michael-jordan/