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 Entertainment

Fall TV: What to watch

19-overlay

Fall is here and that means it's time to clear your DVRs and get ready for a new season of shows.

in Entertainment

WHAT’S ON: New on Netflix, Amazon & Hulu in September

netflix

A long holiday weekend is the perfect time to binge watch.

in Entertainment

Ed Skrein takes over driving seat in ‘The Transporter Refueled’

16-overlay5

Action thriller franchise "The Transporter" is back with a fourth installment and a new star, with British actor Ed Skrein stepping into the black suit of lead character, former special ops mercenary Frank Martin.