The Untold Truth Of Michael Jordan

Michael Jordan transcended his basketball stardom to become an international legend. But behind every legend is a human being with all sorts of secrets. From his impressive bank statement to his tragic backstory, this is the untold truth of Michael Jordan.

As of 2019, the Forbes list of billionaires placed Jordan's net worth at $1.9 billion. Enough to make him one of the richest people in the United States.

While those numbers are every bit as impressive as the ones he posted during his playing days, he made almost all of that money off the court. Jordan reportedly earned a total of $93.8 million from his NBA salary, not adjusted for inflation with $63.3 million of that coming in his final two seasons with the Chicago Bulls. But the vast majority of his fortune came from a healthily diversified portfolio of endorsements and business holdings, raking in cash at an unprecedented level both while he was playing and after.

One of Jordan's most lucrative endeavors is his ownership of the Charlotte Hornets, which he bought in 2010 for $275 million. They're now worth over $1 billion, and Jordan retains 90 percent ownership, significantly increasing his personal wealth.

Of course, there's also his landmark partnership with Nike for Air Jordan which still makes him more than $100 million a year in royalties. That's reportedly more than LeBron James is currently making between his NBA salary and endorsements combined. All of that income has made Jordan one of just 13 black billionaires in the world, and the first American professional athlete to ever hit that milestone, coming from humble beginnings to prove to fans worldwide that anything is possible.

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Making his billions | 0:14
Varsity blues | 1:30
Gambling man | 2:51
Death in the family | 4:36
From Bulls to Barons | 6:06
His only film saw "looney" success | 7:07
Where there's smoke, there are westerns | 8:28
His name on (almost) everything | 9:32

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