Who's Richer, Michael Jordan Or LeBron James?
JAKARTA - LeBron James has always seen Michael Jordan as a role model throughout his basketball career. It's no coincidence that he's also worn the No.23 jersey on several occasions, but which of the two has the most money?
Jordan's business empire is centered around the Jordan brand that made it big after he retired from the sport. His net worth is estimated to be around 1.65 billion dollars.
It initially touched $2.1 billion but he lost about $500 million due to the COVID-19 crisis.
Jordan made an estimated 90 million dollars in his NBA career, but much of his fortune is thanks to the business he started after he left the basketball court.
He invested $175 million in the Charlotte Hornets in 2006. And when he finally became the majority owner of the franchise in 2014, it is estimated that he had put about $625 million of his own money into the Hornets.
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However, despite the global pandemic, the value of the Jordan team has skyrocketed to 1.5 billion dollars. That is, he is destined to profit from his investment whenever he decides to sell it.
Meanwhile, James also has a significant business empire. Yes, he is not far from Jordan in terms of portfolio.
According to Forbes, James has earned more than $1 billion during his 18-year NBA career of which $400 million is the main salary. While more than 600 million dollars earned through various business ventures.
It is estimated that, after all, taxes and other outstanding payments, James' net worth is approximately 850 million dollars, which puts him just behind his idol.