make WWAY your homepage  Become a fan on facebook  Follow us on twitter  Receive RSS Newsfeeds  MEMBERS: Register | Login

Michael Jordan joins billionaires club


WILMINGTON, NC (WWAY) -- Everyone knows Michael Jordan is rich, but now it looks like the Wilmington native is truly in rare air. reports the basketball legend is now a billionaire. Mike Ozanian at Forbes reports the new status comes as Jordan has upped his ownership stake in the NBA's Charlotte Hornets. In February, a Forbes writer reported Jordan's annual earnings at $90 million and his net worth at $750 million. But Ozanian says he has learned from sources that Jordan has increased his stake in his basketball team to 89.5 percent from 80 percent during the past several months.

Jordan graduated from Laney High School before a standout career at UNC and a Hall of Fame career with the Chicago Bulls and Washington Wizards.

Disclaimer: Comments posted on this, or any story are opinions of those people posting them, and not the views or opinions of WWAY NewsChannel 3, its management or employees. You can view our comment policy here.



The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.

More information about formatting options

To prevent automated spam submissions leave this field empty.
Please re-enter the code shown in the image below.