List of Top 10 Richest NBA Players in the World: The National Basketball Association (NBA) is among the most profitable and well-known sports leagues in the globe. As a result, it has produced some of the wealthiest athletes in the annals of sports. This article discusses the top ten wealthiest NBA players of all time as of 2023, as well as how they amassed their fortunes on and off the court.
List of Top 10 Richest NBA Players in the World:
1. Michael Jordan
Net Worth: $1.70 billion
Michael Jordan is arguably the most famous basketball athlete of all time. Jordan is a 6-time NBA champion, 5-time NBA Most Valuable Player, and 14-time NBA All-Star. However, his commercial endeavours have enabled him to acquire a $1.7 billion fortune. Jordan is the owner of the Charlotte Hornets and an endorser for Nike, Gatorade, and Hanes.
Nike Air Jordan was one of Jordan’s most profitable ventures. The shoe line, which was introduced in 1984, has become one of the most ubiquitous and effective in history. Jordan also has his own brand, Jordan Brand, which is a subsidiary of Nike.
In September 2020, Michael Jordan joined DraftKings as a special advisor to the board and an investor. The company stated in a press release that Jordan will “provide guidance and strategic advice to the board of directors regarding key business initiatives.” His investment terms were not disclosed.
He also became a co-owner of a NASCAR team in late 2020. 23XI Racing (twenty-three eleven) is a NASCAR Cup Series professional auto racing team. Michael Jordan owns and operates the team, with current Joe Gibbs Racing driver Denny Hamlin as a minority shareholder. Technically affiliated with JGR, the organisation fields the No. 23 and 45 Toyota teams for drivers Bubba Wallace and Tyler Reddick.
2. LeBron James
Net Worth: $1.2 billion.
LeBron James is a 17-time NBA All-Star, four-time NBA champion, and four-time NBA Most Valuable Player. Due to his salary, endorsements, and investments in media, technology, and real estate, LeBron has a net worth of $1.2 billion. James owns SpringHill Entertainment, has investments in a number of tech firms, and has an extensive real estate portfolio.
3. Magic Johnson
Net Worth: $620 million
Magic Johnson is a 12-time NBA All-Star, a five-time NBA champion, and a three-time NBA Most Valuable Player. Following his retirement from basketball, Johnson became a prosperous industrialist. He is the owner of Magic Johnson Enterprises, which invests in multiple industries, including cinemas, restaurants, and sports organisations.
4. Junior Bridgeman
Net Worth: $600 Million.
Junior Bridgeman is a former NBA player who spent twelve seasons in the league. Bridgeman purchased multiple fast-food franchises after retiring from basketball, including Wendy’s and Chili’s. Due to his investments in the culinary industry, Bridgeman’s estimated net worth is $600 million.
5. Shaquille O’Neal
Net Worth: $400 million.
Shaquille O’Neal is a 15-time NBA All-Star, four-time NBA champion, and three-time NBA Finals MVP. O’Neal’s $400 million net worth is the result of his NBA career and commercial investments. Shaq owns multiple car washes and restaurants and has endorsement agreements with Pepsi and Icy Hot, among others. O’Neal has owned 40 24 Hour Fitness gyms, 150 car washers, 155 Five Guys Burger & Fries, nine Papa John’s, seventeen Auntie Anne’s pretzels, and a few Krispy Kreme restaurants. He has divested some of these assets, including his entire stake in Five Guys. Shaq has owned and sold 155 locations of Five Guys. This represents 10 per cent of Five Guys’ total franchise portfolio.
More remarkable is O’Neal’s portfolio of investments. Due to the fact that roughly 90% of ventures fail, companies with a valuation of over $1 billion are referred to as unicorns. Profitable investments were made by O’Neal in Alphabet Inc.’s Google, Lyft Inc., Ring, and Vitaminwater.
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6. James Harden’s
Net Worth: $400 Million
James Harden is a nine-time NBA All-Star and former NBA MVP. Harden’s $400 million net worth is a result of his NBA salary and endorsement agreements. Harden is a spokesperson for Adidas and owns a 5% stake in the Major League Soccer club Houston Dynamo and the National Women’s Soccer League team Houston Dash.
7. Vinnie Johnson
Net Worth: $400 Million
Former NBA player Vinnie Johnson played for 13 seasons. Johnson’s $400 million net worth is a result of his investments in the automotive industry. Johnson is the founder and chairman of Piston Group, a supplier for Ford, General Motors, and Toyota.
8. Hakeem Olajuwon’s
Net Worth: $300 Million
Hakeem Olajuwon is a 12-time NBA All-Star and two-time NBA Finals Most Valuable Player. Olajuwon’s $300 million net worth is owing to his NBA career and real estate investments. In Houston, Texas, Olajuwon possesses multiple commercial properties.
9. Grant Hill
Net Worth: $250 Million
Grant Hill is a former NBA player who spent 19 seasons in the league. Hill’s $250 million net worth is a result of his NBA and broadcasting earnings and real estate investments. Hill is a co-owner of the Atlanta Hawks and has served as an NBA analyst for TNT.
10. David Robinson
Net Worth: 200 Million Dollars
David Robinson is a 10-time NBA All-Star, a two-time NBA champion, and a two-time Olympic gold medalist. Robinson’s $200 million net worth is owing to his NBA salary and real estate investments. Robinson is the proprietor of Admiral Capital Group, which invests in real estate and private equity, and has an extensive real estate portfolio.