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In Charlotte, a team and its owner, Michael Jordan, get a do-over In Charlotte, a team and its owner, Michael Jordan, get a do-over As a city reconnects with its NBA team Wednesday night, the Charlotte Hornets and their owner, Michael Jordan, get a much-needed do-over. by Ken Berger @kbergcbs Oct 29, 2014 â¢ 11 min read
basketball legend michael jordan has become the only current billionaire who shot to fame as a professional athlete forbes 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 which marks an additional stake in the team since he previously owned just 80 per cent