Michael Jordan, a retired American basketball player, team owner, product endorser, and entrepreneur, holds a net worth of $3.6 billion. Even in retirement, he remains arguably the most renowned basketball player worldwide. He serves as the benchmark against which rising basketball talents are judged. The media consistently seeks the "next Michael Jordan," and each season, a new player is either celebrated or burdened with the comparison. Meanwhile, Jordan continues to enjoy his partial retirement, numerous endorsement deals, and his legacy as the greatest basketball player ever. In June 2014, it was disclosed that Michael had expanded his ownership share once more, this time raising it from 80% to 89.5%. At that point, the recently rebranded Hornets were valued at $500 million, with $135 million in outstanding debt. Around the same time, the Clippers, valued at $500 million, were sold for $2 billion.