Kavitha A. Davidson, Columnist

Air Billionaire: Michael Jordan Joins the Club

Move over, Dr. Dre.

June 13, 2014 at 2:38 PM UTC

By Kavitha A. Davidson

Kavitha A. Davidson is a former Bloomberg View columnist.

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Move over, Dr. Dre.

The entertainment world has yielded a new billionaire, this time from the sphere of sports. Forbes's Mike Ozanian reports that Michael Jordan has increased his ownership stake in the Charlotte Hornets enough to put his personal worth over the billion-dollar mark.