In the new Billionaires List Forbes magazine released today, 290 
newcomers joined the list, including 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;
The most famous rookie on the billionaires list? 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.
 
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