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Michael Jordan's Net Worth Estimated At $3.5 Billion After Sell Of His Stake In Charlotte Hornets

His Airness has skyrocketed even more.

Michael Jordan

It’s been reported recently that Michael Jordan’s net worth has ballooned to $3.5 billion, according to AfroTech.com.


But what’s his secret? Well, rapper Killer Mike recently spoke about the six-time NBA champion’s dominance on the Joe Rogan Experience podcast, and how he was able to capture a move that catapulted his brand into a $3.5 net worth.


“I think I realized Michael Jordan’s secret, that fadeaway jumper, his brother. Quickness in the move, his brother. You could tell he had to adjust his game cause he is playing short of dudes, so he couldn’t shoot a jumper; he had to do a fadeaway. How many times you seen Michael do that to another player," Killer Mike said.


The famous fadeaway jumper has been seen around the world, as Jordan would shoot over the likes of Muggsy Bogues, Charles Barkley, Larry Johnson and Byron Russell.


Killer Mike knows where this skill set came from: Jordan’s competitive spirit was forged in his household thanks to his father and brother pushing him. Playing one-on-one seemed to be more about fighting. Jordan’s brother was taller for much of the time Jordan was growing up, so this resulted in the Chicago Bull legend being punished. If Jordan’s older brother had grown a little taller, he might have been Jordan-like.


But that didn’t happen.


Instead, Jordan grew taller, and he was able to hone that rage he felt from losing to his brother to playing so well that he earned a scholarship to North Carolina.


His status elevated so much that he became a six-time champion, a 10-time scoring champion, a five-time MVP and a six-time finals MVP, among other accolades.


Well before this coronation thanks to the Nike and Gatorade ad campaign, Jordan made arguably the best business decision of all time by joining Nike in the 80s. The brand is the reason why Jordan is a billionaire today, as according to The Street, he earns close to $255 million every year from the deal. But he recently sold his majority stake in the NBA’s Charlotte Hornets, and that, along with other major investments, helped his net worth increase to a whopping $3.5 billion.


“I’m thrilled to be able to pass the reins to two successful, innovative and strategic leaders in Gabe and Rick,” Jordan said in a statement issued on August 3. “I know the Hornets organization is in great hands moving forward. I’m excited about the future of the team and will continue to support the organization and the community in my new role in the years ahead.”

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