Basketball legend Michael Jordan now a billionaire

The latest Billionaires List Forbes magazine released today, 290 newcomers joined the list, the list included basketball great, Michael Jordan, 52. He’s now the 513th-richest person in the US with a net worth of an even $1.0 billion. Forbes report below:

Michael Jordan, arguably the greatest basketball player of all time and indisputably the best-paid athlete of all time. Most of his cash comes from
Nike payouts on his iconic brand. The Jordan brand grossed an estimated $2.25 billion in 2013, earning his Airness some $90m.

But his most valuable asset is his stake in the Charlotte Hornets, worth more than $500m. When ex- Microsoft CEO Steve Ballmer bought the Los Angeles Clippers for a stunning $2 billion, values of all NBA teams skyrocketed, creating three new billionaires. Jordan’s old boss Jerry
Reinsdorf, owner of the Chicago Bulls, joined the list with a fortune of $1.3 billion, and Houston Rockets owner Leslie Alexander boosted his net worth to $1.6 billion.

WoW ! Dr Dre, Jay Z, Drake top the World’s Highest Paid Hip-Hop Acts of 2014

Forbes released their annual list of Highest Paid Hip Hop Acts yesterday and it is an interesting list indeed, Dr Dre led the pack as expected with a whooping sum of $620 million from June 2013 to June 2014. Apple bought his Beats by Dre for $3billion

Checkout the top ten highest paid below…

1. Dr. Dre – $620 million

2. Jay Z (tie) – $60 million

2. Diddy (tie) – $60 million

4. Drake – $33million

5. Macklemore & Ryan Lewis – $32 million

6. Kanye West: $30 million

7. Birdman: $24 million

8. Lil Wayne: $23 million

9. Pharrell Williams: $22 million

10. Eminem: $18 million

See the top 20 after the cut…

11. Nicki Minaj: $14 million

12. Wiz Khalifa: $13 million

13. Pitbull: $12 million

14. Snoop Dogg: $10 million

15. Kendrick Lamar: $9 million

16. Ludacris: $8 million (tie)

16. Tech N9ne: $8 million (tie)

16. Swizz Beatz: $8 million (tie)

16. 50 Cent: $8 million (tie)

20. Rick Ross: $7 million (tie)

20. J. Cole: $7 million (tie)

20. DJ Khaled: $7 million (tie)

20. Lil Jon: $7 million (tie)

20. Mac Miller: $7 million (tie)

Like 50cent will say “Get Rich or Die Trying” Laughing in 50s voice “haha”

WoW ! It’s HerexG