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Michael Jordan: NBA legend enters Forbes' 400 list as net worth hits the $3bn mark following Charlotte Hornets sale

NBA great Michael Jordan has joined an exclusive club after successfully completing his sale of the Charlotte Hornets.

Jordan, widely considered the greatest basketball player of all time, brought an end to his 13-year reign as Hornets owner by offloading his majority stake in the franchise to a group led by Rick Schnall and Gabe Plotkin back in August.

The sale to Schnall and Plotkin was said to be worth a staggering $3billion, marking a colossal profit for the 60-year-old given he forked out $275million to purchase the team back in 2010.