The athlete with the highest net worth globally has amassed a fortune of $3 billion (equivalent to Rs 2,48,63 crore) through playing salaries and bonuses, endorsements, public appearances and various entrepreneurial endeavors.
Although there is much fandom around several sports leagues such as the FIFA World Cup, Cricket World Cup, Formula 1, and FIBA Basketball World Cup; it remains challenging to envision a professional athlete joining the billionaire ranks.
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Football, or soccer depending on the region you happen to be in, is widely recognized as the world’s most popular sport. Therefore it may come as a surprise that football players aren't necessarily always ruling over the list of richest sportsmen globally. Lionel Messi tops this year's ranking with an approximate net worth of $650 million (Rs 5387 crore), according to CelebrityNetWorth followed closely by Cristiano Ronaldo at $600 million (Rs 4972 crore) and Neymar who stands third with only circa $200milion (1657CRORE).
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The individual who holds the highest net worth isn't even renowned basketball icon LeBron James, whose fortune amounts to $600 million (equivalent to Rs 4972 crore), or golfing champion Tiger Woods with a whopping $800 million (equal to Rs 6630 crore). Surprisingly enough, someone else takes that title.
Discover the wealthiest athlete in the world, and it's not Lionel Messi, Cristiano Ronaldo or Tiger Woods. Surprisingly enough, Michael Jordan takes that title with a net worth of $3 billion (equivalent to Rs 2,48,63 crore). The former player for Chicago Bulls has dominated basketball courts over his career spanning more than fifteen NBA seasons and earned himself a spot on "The Forbes 400." He holds another accolade as he was also recognized by Forbes as America's first professional sportsman included among its wealthiest individuals. At sixty years old now is nothing short of impressive!
In addition to his impressive earnings of $94 million in salary and signing bonuses, which made him the highest-paid player in 1997 and 1998, Jordan also had a knack for investing wisely. He capitalized on popular brands such as McDonald's, Gatorade, Hanes and Nike over time resulting in an estimated pre-tax income of $2.4 billion according to Forbes. His association with Nike is especially renowned; their first collaboration resulted in the iconic Air Jordans being released publicly on April Fool's Day of 1985 after initially designing them during his tenure at Chicago Bulls back on November 17th,1984. Moreover he received around $260 million annually just through royalty checks from that incredible partnership!
In August of 2023, Jordan became the wealthiest athlete in the world after selling a significant portion of his ownership in the Charlotte Hornets basketball team. The franchise was ranked as number 27 for valuable NBA teams. This sale made history because it set an astonishing record with its price tag reaching $3 billion dollars - only second to another esteemed deal. It's reported that Forbes claims Jordan sold his stake at a startling rate: he received approximately seventeen times more than what he initially invested when purchased back in 2010.
In 2014, Jordan made NBA history by becoming the first player to reach billionaire status. Two years subsequent to this achievement, he was bestowed with the Presidential Medal of Freedom from former US President Barack Obama. In 2009 however, before all these accolades and honors flowed in his direction; he had already been honored with induction into the Naismith Memorial Basketball Hall of Fame.
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