News

Michael Jordan is first sports billionaire

Michael Jordan is first sports billionaire

BILLIONAIRE BOYS CLUB: Michael Jordan is rolling in the dough. Photo: Associated Press

Basketball icon Michael Jordan has become the sports world’s first billionaire, according to Forbes magazine.

The basketball Hall of Fame star, footwear giant and team owner is now the only athlete in the billionaire’s club.

The financial publication’s experts estimate Jordan became a billionaire earlier this year, thanks to his increased share in the Charlotte Hornets basketball franchise.

Forbes bosses previously prematurely bestowed the ‘billionaire’ honor on Tiger Woods, but his fortune dropped after the cheating scandal that ended his marriage cost him major endorsements and money.

Latest Stories

in Sports

Boston’s bummer summer: Sox slump, Olympics snub, Brady out

Fresh
bostonredsox

After the winter of their discontent, it's been one bummer of a summer for Bostonians.

in Sports

WATCH: Annual Virginia pony swim

Fresh
11-overlay21

"Salt water cowboys" round up dozens of horses for the tradition off the Virginia coast, now in its 90th year.

in Entertainment

‘Partridge Family’ star David Cassidy discusses bankruptcy auction

Fresh
20-overlay9

The '70s star is putting his Florida mansion up for auction in September.