You can add another zero to Michael Jordan’s net worth.
According to Forbes, the basketball Hall of Famer, shoe magnate and NBA owner is now the only athlete in the billionaire’s club.
The financial magazine’s estimates show that Jordan crossed the threshold from super rich to insanely wealthy, as his stake in the Charlotte Hornets (isn’t that so much better to read than “Charlotte Bobcats?) recently increased from 80% to 89.5%. Given the 2014 sale prices of the Milwaukee Bucks ($550 million) and Los Angeles Clippers ($2 billion), Forbes now estimates Jordan’s Hornets are worth between $600 million and $625 million.
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