Basketball legend Michael Jordan has reached billionaire status. Forbes Magazine estimates that 
Jordan's equity as owner of the NBA's Charlotte Hornets is $416million 
and his net worth outside of the team to be $600million. It reported 
Jordan now owns 89.5 per cent of the Hornets. 
	  
	  	  	  
	  
	  	
Jordan's spokeswoman, Estee Portnoy,
 confirmed that Jordan purchased an additional stake in the Hornets in 
January 2013, but wouldn't say how much. Portnoy had no comment on whether or not Jordan is a billionaire. 
The 51-year-old became the majority 
owner of the Hornets (formerly the Bobcats) in 2010 when he bought out 
Bob Johnson's share of the team.
Source: Dailymail

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