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FILE - Michael Jordan became the first professional athlete to make the Forbes list, and Donald Trump didn't make the cut.Jordan, 60, was paid extremely well by the Chicago Bulls, starting in 1984 and spending 15 seasons with the team. According to Forbes, his paycheck over that time totaled $94 million, and he was the highest-paid NBA player in 1997 and 1998.
Forbes credits Jordan’s moves off the basketball court for his wealth. It says he earned an estimated $2.4 billion before taxes with brands such as McDonald’s, Gatorade, and Hanes. But it claims his biggest paycheck came from Nike, where his most recent annual royalty check came to about $260 million. It also highlights Jordan selling his majority stake in the Charlotte Hornets in August for $3 billion.On the downside, former President Donald Trump, with $2.6 billion, missed the cutoff by about $300 million.
Trump’s net worth reportedly tumbled by 19%, or $600 million. Forbes blames his social media company Truth Social and compared it to X, formerly Twitter. It said Truth Social has only 1% of the number of people with accounts on X.
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