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How many companies does Michael Jordan own?

Posted on 2022-11-04

How many companies does Michael Jordan own?

Table of Contents

  • How many companies does Michael Jordan own?
  • What companies sponsored Michael Jordan?
  • How much does Gatorade pay Michael Jordan?
  • How much stock does Michael Jordan own in Nike?
  • How many restaurants does Michael Jordan own?
  • Did Michael Jordan lose $500 million to GameStop?
  • How much money do the top 500 corporations make each year?

Michael Jordan Net worth (Updated 2022)

Name Michael Jordan
Source of Wealth Former NBA player, Charlotte Hornets team owner
Salary Approx $130 Million
Endorsement Nike, Hanes, Gatorade and Upper deck
Endorsement Earnings 130 Million dollars

What companies sponsored Michael Jordan?

Accross some four decades, Jordan has earned $1.7 billion (pre-tax) off the court from brands such as Nike, Coca-Cola, McDonald’s, Wheaties, Chevrolet to name a few. At present Jordan still maintains official ties with Nike, Hanes, Gatorade, and Upper Deck.

Is Michael Jordan a billionaire 2021?

Michael Jordan is listed at No. 1,931 on Forbes’ list of the world’s richest people in 2021, coming in with a net worth of $1.6 billion. The majority of his net worth comes from his ownership of the Charlotte Hornets and his stake in the Jordan Brand, his world-renowned apparel brand he started with Nike.

Where is Michael Jordan on the rich list?

1 in Forbes’ list of richest sportspersons on the planet, Lionel Messi currently 8th. Michael Jordan was named the richest athlete in the world for 2022, ahead of PSG superstar Lionel Messi and Golf icon Tiger Woods.

How much does Gatorade pay Michael Jordan?

The marriage between the two brands reached new heights in 1991, when Gatorade signed Jordan to a 10-year endorsement deal, averaging $1.4 million annually. The Jordan legend was growing; he’d won his first NBA title that year after triumphing in the 1987 and 1988 slam dunk contests.

How much stock does Michael Jordan own in Nike?

The Michael Jordan legacy and brand are intertwined Nike had the bulk of the share at 62.6%, with Air Jordan worn by 9.4% of the league. A distant second went to adidas at just 15.8%.

Does Nike make money off Jordan?

That year alone, Nike earned 126 million dollars as a result of the deal, and they have continued to earn eye-watering sums ever since. At the end of 2019, it was estimated that the Nike Air Jordan brand was worth 3bn dollars, with ‘His Airness’ earning over 1.3bn of that sum.

Who owns Michael Jordan brand?

Nike
Air Jordan

The silhouette of Michael Jordan served as inspiration to create the “Jumpman” logo.
Product type Basketball Shoes, Clothing
Owner Nike
Country United States
Introduced November 17, 1984

How many restaurants does Michael Jordan own?

The iconic basketball player and Cornerstone currently operate Michael Jordan-brand steakhouses in New York City, Chicago, and Connecticut and have a forthcoming location in Florida. Other Michael Jordan-brand restaurants include 23. sportscafe in Connecticut and Michael Jordan’s Restaurant in Oak Brook, Illinois.

Did Michael Jordan lose $500 million to GameStop?

If Jordan did lose money due to GameStop, it would indicate some investment with Plotkin. However, a $500 million loss would mean an investment worth around $1 billion, which seems unlikely. While he might have lost some money if he had investments with Plotkin, one cannot assume his Airness had a billion invested with them.

Who endorsed Michael Jordan?

This Sunday explores MJ as a global endorsement phenomenon, with ad slogans like “It’s Gotta Be The Shoes” and “ Be Like Mike. ” Nike NKE -0.5% has always been Jordan’s biggest backer, both financially and marketing-wise.

How many people are in the Fortune 500?

Fortune 500. This year’s Fortune 500 marks the 65th running of the list. In total, Fortune 500 companies represent two-thirds of the U.S. GDP with $13.7 trillion in revenues, $1.1 trillion in profits, $22.6 trillion in market value, and employ 28.7 million people worldwide.

How much money do the top 500 corporations make each year?

Together, the 500 corporations on this year’s list generated $13.8 trillion in revenue, or some two-thirds of the U.S. economy. Explore the list to see who prospered, who stumbled, and why.

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