Hoop Dreams Come True: Michael Jordan, $1.6 Billion
Is it the shoes? Despite the famous line from the Nike commercials, Michael Jordan’s skills as one of the greatest NBA players of all time come from his natural talent and hard work in becoming a true basketball icon. The #4 billionaire on the list spent his formative years in North Carolina, training like crazy to become the superstar we all know now. He was recruited to the University of North Carolina and eventually went on to a legendary run with the Chicago Bulls, leading them to six championships. But Jordan’s business savvy is just as impressive. He parlayed massive endorsement deals, including the incredibly popular Air Jordan brand, starred in films like Space Jam, and made great deals, including partial ownership of the Florida Marlins and founding an automotive group. He also uses his fame to support good causes, as he did in 2020 to bolster the BLM protest movement.