Michael Jordan is losing $ 500 million in wealth

Michael Jordan is losing $ 500 million in wealth

The NBA legend gained a large part of his fortune by signing a tie with Nike.

Photo: Streeter Lecka / Getty Images

The historic NBA player, Michael Jordan, is considered by many to be the best basketball player in history. Great talent and athletic success are the topics that big brands are looking for in athletes. In addition, Jordan has emerged as one of the highest-earning athletes in history. Former basketball player, it had a net worth of $ 2.1 billion, a figure that fell 24% after the pandemic.

Michael Jeffrey Jordan he earned $ 93.8 million in his 16 years in the NBA. Almost half of them have been in the last two years with the Chicago Bulls. However, much of his wealth is due to him profitable contracts with Nike. But not everything is the color of roses.

As revealed Forbes, a magazine specializing in business and finance, Jordan’s fortune has fallen $ 1.6 billion. This represents a loss of about $ 500 million. The prestigious magazine does not explain the causes of the decrease in the number of its patrimony, but it is estimated that it is due to the parallel investments with basketball.

Jordan is among the richest 500 people in America

The net worth of the former NBA player is still quite high. Jordan ranks 455th in the North American country and allows it to be among the best 1,500 people in the world.

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