With $3 billion net worth, Michael Jordan creates history

Former basketball player Michael Jordan, who was successful both on and off the court, has now entered the list of billionaires.

Six NBA titles, including two triple-doubles, were won by the Chicago Bulls with Jordan’s help. He talked for companies like Nike, Coca-Cola, Gatorade, and McDonald’s in between all of that.

He founded Jordan Brand, acquired and disposed of shares in the Washington Wizards and Charlotte Hornets, and even founded his own NASCAR team. Not to mention his steakhouse and car dealership.

Jordan is now a member of a very select group thanks to his success off the court, despite the fact that it hasn’t yet led to another championship. He was the first athlete to make it to the Forbes 400 list of the richest Americans.

Forbes estimates that Jordan is currently worth $3 billion.

According to Ted Leonsis, owner of the Wizards, Washington Capitals, and Washington Mystics, “Michael’s one of the few people that have had success three times.” “Many entrepreneurs only succeed once. They make a significant win, collect their gains, retire, and disappear into thin air. Alternatively, they try something again and fail. He’s achieved three massive successes.

One of only three athletes to ever reach the billionaire level, according to Forbes, is Jordan. The other two are LeBron James and Tiger Woods.

Leonsis told the publication that he thought Jordan’s involvement in NASCAR would occupy the most of his time. Along with Denny Hamlin and Joe Gibbs, he co-founded 23XI Racing.

The race team had Bubba Wallace and Tyler Reddick available to it this year. The two drivers competed in the NASCAR Playoffs and are now attempting to advance to the Round of 8.

Reddick and Wallace were the ninth and tenth-ranked players as of Sunday. Wallace is in last place, nine points behind Brad Keselowski, while Reddick is two points back. Both drivers will advance to the following round if they win.