From secret golf programs to a $3 million automotive, right here's how Michael Jordan makes and spends his $1.6 billion fortune

Michael Jordan was already a billionaire, and now he simply added to his fortune.

The NBA introduced that Jordan was promoting his majority stake within the Charlotte Hornets for $3 billion. Not unhealthy for the $275 million funding he initially made when he purchased the membership in 2010.

Jordan will maintain a minority stake within the franchise.

Earlier than the sale, Jordan was already dwelling the excessive life. Under we check out how he has amassed his fortune and what he spends it on.