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.

Recent Headlines

in Music

How Joe Perry finally got his prized guitar back

slash

Strapped for cash the Aerosmith star sold his prized 1959 Les Paul guitar and it somehow ended up in Slash's hands.

in Entertainment

Toys ‘R’ Us pulls ‘Breaking Bad’ dolls after protest

breaking

If a Walter White action figure was on your Christmas list, it just got more difficult to find.

in Entertainment

Renee Zellweger: Furor over ‘peaceful’ face is ‘silly’

zellweger

The "Bridget Jones's Diary" star says her "new face" is a result of a massive lifestyle change.