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Michael Jordan Is the First Pro Athlete to Rank Among the 400 Wealthiest Americans

Even in retirement, Michael Jordan just keeps on making history.

The former NBA star is now the first professional athlete to join the ranks of the 400 wealthiest people in America, Forbes reported on Monday. His estimated net worth is an eye-popping $3 billion, down slightly from a projected $3.5 billion in August but still more than enough to catapult him into the upper echelons of U.S. residents.

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Jordan’s privileged status is in large part due to his recent sale of the Charlotte Hornets.