Michael Jordan's Net Worth Reaches $1.65 Billion

Charlotte Hornets Michael Jordan

With the success and sales of the Jordan brand from this past year, Charlotte Hornets majority owner Michael Jordan's net worth collected a cool $350 million USD — sending his total value up to around the $1.65 billion USD mark.

This tremendous uptick in overall financial gain helped Jordan climb 90 spots from his place last year, which now places him as the 455th richest person in the U.S. The decision to combine both ventures surely helped play a hand in delivering the NBA team’s current success — choosing to have the Hornets organization sponsored by none other than Jordan Brand. In addition, transitioning the Charlotte franchise back to the Hornets from the Bobcats has only strengthened its image — raising the team’s overall value up 35 percent from last year.

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