Before he became a superstar, Michael Jordan was a little boy with different characteristics that were in stark contrast to the billionaire we know today. In the biography “Michael Jordan: The Life”, paints a vivid picture of Jordan’s youth, highlighting a time when his financial future seemed far less promising.
“That’s the laziest boy I’ve ever seen.” Jordan’s late father said in the book. “If he had to get a job in a factory punching a clock, he’d starve to death. He would give every last dime of his allowance to his brothers and sisters and even kids in the neighborhood to do his chores. He was always broke.”
Despite this, every time Michael stepped onto the basketball court, a transformation took place. Laziness gave birth to an unmatched level of competitiveness and enthusiasm, which signaled the beginning of the famed ‘Air Jordan’ that the rest of the world would soon see and appreciate.
Michael Jordan’s incredible rise to business tycoon
In a story that almost seems like a fairy tale, Michael Jordan turned the expectations set in his youth to become one of the most successful business personalities globally. Today, the name Jordan is known by millions of people and has moved beyond the basketball court to become a huge brand in the business world.
Notably, his collaboration with Nike through the “Jordan” brand generated a whopping over $5 billion in 2022 alone, contributing nearly a billion dollars to Jordan’s fortune in royalties.
Adding to his illustrious business portfolio, Jordan recently agreed to sell his majority share of the Charlotte Hornets, a basketball team he took ownership of in 2010 for $275 million. Though the exact figures remain confidential, the sale is speculated to be around an astonishing $3 billion, retaining a minority stake in the team.
In addition to his basketball ventures, the NBA Hall of Famer also owns the 23XI NASCAR team, establishing himself in the automobile sports world. His financial portfolio includes a wide range of investments, securing his position as one of the highest-earning personalities in the sports world.
So, the boy who was once too lazy to do his chores is now a successful businessman worth billions. The life of Michael Jordan demonstrates how, with the correct mindset and drive, anyone can transform and do great things.
News
“I didn’t love MJ, and I thought MJ was difficult and unnecessarily harsh on his teammates” – Luc Longley’s true feelings about Michael Jordan
One of the glaring omissions in the famous Chicago Bulls documentary “The Last Dance” was the absence of prominent Center Luc Longley in the 10-part series. Longley was an integral figure of the Bulls’ second three-peat between 1996 to 1998,…
Michael Jordan Would’ve Been Destroyed if Cleveland Hadn’t Made Their Potentially Biggest Mistake, As Per 3x NBA Champion
Michael Jordan didn’t have the easiest path to becoming a champion. The Boston Celtics and the Detroit Pistons were the two major obstacles His Airness overcame to claim his first NBA championship, but what if he had failed at an earlier stage…
Michael Jordan Suffered From a Painful Condition That Only 10% of American Adults Have, Ex-Nike Executive Reveals Shocking Details
It’s no mean feat to create a legendary career on and off the court, but Michael Jordan did it, thanks to his hooping skills and the iconic collaboration with Nike. His retirement from the game has been two decades yet the Jordans…
Michael Jordan card sells for record-high price
A rare autographed Michael Jordan Logoman card sold for $2.928 million, the most ever paid for a Jordan card. Credit AP Photo/John Swart An autographed Michael Jordan Logoman card sold for $2.928 million on marketplace Goldin. The card, which is the most…
Michael Jordan sports card sets new auction record
A sports card of basketball great Michael Jordan recently sold at auction for nearly $3 million. 🚨 BREAKING: there is a NEW ALL-TIME HIGHEST-SELLING MICHAEL JORDAN CARD 🚨 Final Sale Price on the 2003 Upper Deck Ultimate Collection Michael Jordan…
Michael Jordan Opens Up For The First Time About His Billion-Dollar Business: ‘i Made 4 Times More Than My Entire Nba Career
**Michael Jordan Opens Up for the First Time About His Billion-Dollar Business: ‘I Made 4 Times More Than My Entire NBA Career’** Basketball legend Michael Jordan recently opened up about his incredible success off the court, revealing for the first…
End of content
No more pages to load