Here’s How Michael Jordan Has Spent His Billion-Dollar Fortune

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But the lure of the court proved impossible to resist once again. As a result, in 2001 he moved from behind the scenes to center stage as a Washington Wizards player. Jordan finally hung up his sneakers for good in 2003. Nevertheless, he again returned to the NBA in 2006 as a minority shareholder of the then Charlotte Bobcats.

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Indeed, this shrewd business investment has significantly boosted his bank balance. When he bought the Bobcats outright in 2010, the NBA team was worth $275 million. Seven years later and the franchise now known as the Charlotte Hornets has nearly tripled in value.

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