A Billi…a Billi…
That’s right folks, Forbes has just reported that Michael Jeffrey Jordan, a.k.a. M.J., a.k.a. the G.O.A.T. has just become the newest member of the billionaire’s club. From the courts to the head office, the player turned owner of the Charlotte Hornets is cashing out as his latest move has upped his new worth.
As Forbes puts it:
The former NBA great has increased his stake in his basketball team to 89.5% from 80% during the past several months.
Adding in the success of his brand name, Jordan Brand, personal investments, endorsements, and more, we’d say that Michael Jordan was doing pretty well for himself.
Share your thoughts on the news in our comments below and stick with Sneaker Files for more breaking news.
wont be buying his shoes anymore
more restocking lol
Daniel Monk Joel Sergeant Dan Cawson Bjorn Otene Dean Corkill Dean Lewis
He has at least given something to the world.
Oughta be the way he taxing for his shoes smh Prince Ware
Lol
Finally
Cool maybe he can stop raping people for a pair of shoes.. he prob NEEDS the money.. oh wait.. lol
Well done bro u deserve it
I knew it would happen. Big up’s MJ
Anthony Aguilar
So now He’s a Billionaire, We can all stop buying J’s from now on..
Jennifer Ehh
He’s a billionaire cuz he charges people 180 for a shoe that cost him $16 dollars to make. No those numbers aren’t exaggerated. I did a presentation on marketing. That’s 200% profit
Where is quality of jordans? Just plastic – fantastic. He not deserved!!!
Giegie Heybeybey
These comments Fred Sbt
The BEST!!! Never going to be a other.
All theses dummies standing in line to buy same shoes over and over again I’ll be a billionaire too. Congrats MJ
Cuz I pick up every pair that released since 2005
And still trying to raise the prices on retros
I guess so I can’t count the Jordan’s I bought my kids and they didn’t run any faster nor jump any higher…
ooh shit know
He been spent a billie already too!
Kobe and LeBron will never be like Mike….
Let the man be ya all wanna be like mike
Jermaine
Well yea coz these fools keep buying the same sneakers over and over lol. But MJ is the GOAT!
the shoe may have 16$ leather and plastic on it, half of the price goes to the owner of the shop where you buy it. Ask yourself why… the other half is between nike and the factory. Jordan should win 5 bucks by shoes. wtf was your school ?
No wonder…….
Congrats and I’ll keep buying jays becuz my family is rich
He only gets 5% MJ isn’t the one setting the numbers and rippin off folks its the label his name is just attached
People have a choice whether or not to buy his shoes just like women have a choice to pay all that money for poorly made designer handbags or shoes. Nobody tells them to lower their prices…
Thanx to me for spending with him for the past 20 years lol I even buy for my kids thats 3 pairs a cop lol
Good for him… And thank him for coming up with Jordan’s!
Harold Ancheta
MJ built a fucking LEGACY!… I’m sure you can say the same thing about yourself… am I right?… lol. Clowns…
Can I get a pair of free sneakers please
See ya when I get there Mike !!!
Ruben Kamerling
Leeroy Abbii you better go buy some more $280 pair of shoes . He wants to hit a trillion
All thanks to people like us….
I’m next!!
Marcus Belanger
Congrats M.J. you deserve it!!
Most of that is Nike’s doing and Nike’s money. Don’t lay all your marketing tragedy on Jordan.
that’s why some guys don’t have a house, car or bank account full of cash, cuz they camping in front of a footlocker, or any other store that sells jordans, I rather pay 50 for a pair of Nike than spending 200 or 300 on jordars just risking my life of getting robbed
Well good shit Mike, recommend you go after a MLB team as owner now haha
God bless him
Congrats MJ
Is it really any wonder?
and people continue buying his shoes… it’s not about the price it’s about satisfaction.
Guud work demands guud pay. So ma man congrats
Soukaina El Atrassi Loïc Pépin
He should’ve been a multi billionaire! As long as Jordans been out, and all the other apparel he’s sold. He must’ve had a shitty contract, considering how much money he’s made 4 other companies! Never the less, he made it. #Props
Dylan Trusiewich This is what I was talkin about last night
That’s all those fucking retro J’s Danny Youngn Gonzalez
Sorry to hear about your failed presentation.
Sorry to hear about ur wife being pregnant. I told her id do the right thing and pay for the abortion.
Meanwhile the people who buy his shoes are damn near broke..
He only makes 4% off of sales by Nike so maybe people should complain to nike about the price of his shoes
expensive Jordan shoes made in china and the labor rate 75 cents an hour; big money……
Just now???
Bout time really!!! Like how many shoes does he have??? Jeez
As long as Nike and hanes r around, he’s never going to hurt for money.
Paul Wooten Albert Bo Kilburn
Money does not matter it’s who he has become that says it all. Jordan.
Love to see us do very well. I am not hating on Mike.