American basketball legend Michael Jordan lived a difficult period during the past months, and he watched his huge fortune decline by about half a billion dollars in a short period.
The Spanish newspaper MARCA reported that Jordan lost 422 million euros (about 497 million dollars) during the past year;
Because of the repercussions of the Corona pandemic.
The Spanish newspaper quoted figures reported by the American magazine "Forbes" confirming that Jordan's fortune decreased from 1.760 billion euros (2.07 billion dollars) in 2019 to 1.338 billion euros (1.56 billion dollars) during the past year, a decrease of 24%. .
The newspaper suggested that these losses were due to the decline in the returns of various investments for Jordan outside the world of basketball.
Despite this decline, Jordan (58 years) remains the richest athlete in the world, and is on the list of the 500 richest people in the United States of America, and among the 1500 richest people in the world.
After making nearly $ 100 million during his career as a player, Jordan’s fortune developed after his retirement, thanks to his multiple investments and his huge partnership with Nike, a sportswear company.
Jordan, who has won 6 NBA titles, entered the billionaire club in 2014;
That is, 11 years after his retirement.
This wealth allowed Jordan to enjoy a luxurious life, spend a lot of money on private jets, palaces and yachts, and spend time practicing his favorite hobby of golf.