Air Jordan is the first athlete to be named ‘richest Americans’ Forbes list

Air Jordan is the first athlete to be named ‘richest Americans’ Forbes list

Legendary Chicago Bulls guard Michael Jordan made history yet again on Monday. Jordan became the first athlete to enter the Forbes 400 list of richest Americans. He has a net worth of $3 billion, per NBA Central. It's a considerable improvement from his estimated net worth of $2 billion in June

Jordan selling his minority stake in the NBA's Charlotte Hornets for $3 billion increased his staggering net worth in August, per Forbes' Justin Birnbaum. The amount represents a 17-fold increase since Michael Jordan became the Hornets' majority owner 13  years ago. It was the second-biggest franchise sale in NBA history.

Washington Wizards owner Ted Leonsis credited Michael Jordan's wealth to his success as an athlete, Nike endorser, and NBA team owner.