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Michael Jordan’s Net Worth Reportedly Increases To $3.5B After Selling Majority Stake In Charlotte Hornets

NBA player in history.

Jordan’s net worth has reportedly reached a massive $3.5 billion, according to the Bloomberg Billionaires Index.

The milepost shifted following the sale of his majority stake in the NBA’s Charlotte Hornets. As AFROTECH previously told you, the NBA Board of Governors approved the transaction that transferred ownership to a group led by Rick Schnall and Gabe Plotkin.

“I’m thrilled to be able to pass the reins to two successful, innovative and strategic leaders in Gabe and Rick,” Jordan expressed, according to ESPN.