News

Michael Jordan is first sports billionaire

Michael Jordan is first sports billionaire

BILLIONAIRE BOYS CLUB: Michael Jordan is rolling in the dough. Photo: Associated Press

Basketball icon Michael Jordan has become the sports world’s first billionaire, according to Forbes magazine.

The basketball Hall of Fame star, footwear giant and team owner is now the only athlete in the billionaire’s club.

The financial publication’s experts estimate Jordan became a billionaire earlier this year, thanks to his increased share in the Charlotte Hornets basketball franchise.

Forbes bosses previously prematurely bestowed the ‘billionaire’ honor on Tiger Woods, but his fortune dropped after the cheating scandal that ended his marriage cost him major endorsements and money.

Recent Headlines

in Entertainment

Today in entertainment history: March 27

Fresh
beatles

A look back on Hollywood headlines of years past.

in Music

Taylor Swift named among world’s greatest leaders in new Fortune poll

Singer Taylor Swift attends the SNL 40th Anniversary Special at Rockefeller Plaza on Sunday, Feb. 15, 2015, in New York.

Taylor Swift ranks two spots behind Pope Francis in a new Fortune.com poll of the World's Greatest Leaders.

in Entertainment

‘Downton Abbey’ to end after season six

This photo released by PBS and Carnival Film and Television Limited shows, from left, Lesley Nicol as Mrs. Patmore, and Sophie McShera as Daisy, in a scene from season four of the Masterpiece TV series, "Downton Abbey." As it returns for its much-awaited fourth season, it remains a series about elegance, tradition and gentility, and the pressures of preserving them. The show premieres Sunday, January 5, 2014 at 9 pm ET on PBS.

Producers confirm that the next season of "Downton Abbey" will be the last.

in Music

Luke Bryan joins the Chicago White Sox

Luke Bryan poses in the press room with the award for entertainer of the year at the 48th annual CMA Awards at the Bridgestone Arena on Wednesday, Nov. 5, 2014, in Nashville, Tenn.

Luke Bryan joined the Chicago White Sox for spring training in Arizona.

in Music

Jana Kramer defends home state after Madonna criticism

The Academy of Country Music hosts a free all star concert for fans as country music artist Jana Kramer performs at the ACM Fremont Street Experience on Saturday, March 31, 2012, in Las Vegas.

Jana Kramer steps up to defend Michigan after Madonna slammed their home state in interviews.