Michael Jordan has made the Forbes Magazine list of the richest people in the world with an estimated net worth of $1 billion.
Jordan qualifies as the 1,741st richest person in the world.
It is believed that Jordan makes more than $100 million a year off royalties from his Nike Air Jordan line, though his business manager Estee Portnoy has never confirmed those numbers.
In March 2010, Jordan agreed to buy 80 percent of the Charlotte Bobcats on a valuation of about $275 million. Jordan's stake increased to 89 percent in 2013 and the Charlotte Hornets are now worth more than $700 million.