Michael Jordan, 51, became the newest member of the billionaire club after increasing his stakes, an estimate of 90 percent this year, with the Charlotte Hornets. He started his investment with the Hornets in 2006 and has been their controlling owner since 2010.
Although he was born and raised in Brooklyn, New York, the world did not start recognizing him until he became the phenomenal player for Chicago Bulls. Now, he’s a legendary NBA icon and the first sports athlete billionaire.
His great leaping ability and impressive slam dunks got him the nickname Air Jordan. Nike’s Air Jordan introduced the shoes in 1985 and it became popular ever since.
The two-time inductee of the Basketball Hall of Fame continues to endorse brands like Nike, Hanes, Gatorade. He is the chief ambassador of the Make-A-Wish Foundation. He also continues to raise $7 million with his annual Michael Jordan Celebrity Invitational Golf Tournament.
Here are 4 lessons from Michael Jordan on How to Become A Billionaire: