The news of Michael Jordan selling his majority stake in the Charlotte Hornets is still fresh. The news isn’t his unsuccessful resume with the franchise. In fact, despite not winning games during his stint, MJ still emerged victorious. He sold his stake for a reported $3 billion, making a profit of over $2,500,000,000. The sale was groundbreaking for his net worth, which skyrocketed instantly. Nike took 40 years to pay back Jordan in the billions. But this single sale achieved that in a matter of minutes.
It also ensured that he stood alone at the peak of basketball players in terms of his wealth. But how does he compare in terms of athletes from other sports? You might be perplexed to find out that there is a soccer star who leaves MJ’s net worth to shame.
Michael Jordan is nowhere close to the richest athlete
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After selling his stake in the Hornets, Jordan’s net worth reportedly rose to nearly $3.5 billion. As far as return on investment goes, the six-time champion paid less than $300 million when he initially bought the franchise. The transaction boosted him in the ranks of the wealthiest athletes. Yes, he is among the most financially successful sports phenoms of all time. Yet, his numbers pale when compared to the athlete with the highest net worth.
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Faiq Bolkiah is a former product of Chelsea, a celebrated soccer club in West London. He has had other notable stretches with Southampton FC and Leicester City. His professional career never soared quite like MJ’s though. He only played in academy games during his time in the Premier League, and currently dons Thai giants Chonburri FC’s colors. Even so, he is still the richest athlete on the planet. This is mostly because playing the sport is his side hustle. In reality, he is the heir to the longest reigning head of state on Earth – The Sultan of Brunei.
As one of the legal inheritors of Hassanal Bolkiah, the 25-year-old boasts a net worth of $16 billion, nearly six times that of Michael Jordan. However, that only scratches the surface of Bolkiah’s financial empire.
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Faiq Bolkiah is on another level
Not just Michael Jordan, Faiq Bolkiah makes every athlete’s net worth look small. The Sultan of Brunei is one of the wealthiest individuals in the world, and the soccer star is set to inherit a fortune of $30 billion according to Daily Star.
If MJ is ever to catch up, he will need to make ten times the profit he netted by selling his stake in the Hornets. It sounds pretty unlikely that he, or anyone else, will ever catch up to this royal soccer player. However, without any such lineage, Michael Jordan’s story is certainly one of tremendous financial success.
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To be a multi-billionaire and still have successful ventures that have the potential to blast his net worth even more, is a testament to his legacy and business acumen.
READ MORE- Michael Jordan vs Tom Brady Net Worth Comparison 2022: Which Sporting Legend Is Richer?