4. Michael Jordan used his success as a basketball player to build a best-selling footwear brand.
Net worth: $1.9 billion
Source of wealth: sports, endorsements
Jordan, 56, is the highest-paid athlete of all time, but not because of his salary from the Chicago Bulls. Jordan earned $1.4 billion before taxes from corporate sponsorships during his professional basketball career. His film debut, “Space Jam,” also earned $250 million at the worldwide box office, according to IMDB.
He went on to purchase an NBA team, The Charlotte Hornets, in 2010. The Hornets may be the third least-valuable NBA franchise according to Forbes, but the team’s valuation at $1.05 billion is still a major part of Jordan’s wealth. Jordan has also made a lot of money from Nike’s Air Jordan line, which made him a billionaire in 2015, according to CNN Business.
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