Do you want to know who the richest NBA player is? Look no further; We have just prepared a list of the top 5 richest NBA players in the world right now!
Let us dunk into the list of the top 5 richest NBA players!
The Top 5 Richest NBA Players in the World Right Now!
1. Michael Jordan
As you have probably already figured, on the top of our list is Michael Jeffrey Jordan. Also known famously by his initials MJ, he is a former American professional NBA(National Basketball Association) player and businessman.
As of 2021, Forbes lists his net worth as 1.6 billion USD.
Likewise, his fortune mostly comes from being the principal owner and chairman of the Charlotte Hornets of the NBA and 23XI Racing on the NASCAR Cup series.
Inclusive of that, MJ owns close to 10% revenue from Jordan Brand, which is a lot considering everyone loves the brand and the stocks are always high.
Having married twice and raised five children still hasn’t downplayed his fortune; we guess having a supporting family does count for something.
Speaking of supportive families, his son Marcus James Jordan followed in his father’s footsteps and played for the UCF Knights men’s basketball team.
Most of his huge net worth is included in his endorsement deals with his biggest sponsor, ‘Nike.’ He has also done many movies and tv shows that add to his fortune.
Michael is the most decorated and arguably the greatest NBA player of all time.
2. Junior Bridgeman
On number two we have, Ulysses Lee “Junior” Bridgeman, a retired American NBA player and businessman.
With a net worth of 600 million, Bridgeman is an amazing entrepreneur as he turned $350k to $600 million.
Junior invested in Wendy’s franchise and Chili’s restaurants; he eventually owned over 100 various Wendy’s and Chili’s restaurants before selling in 2016.
Currently, he owns more than 160 outlets aside from the growing number of chili’s restaurants with 118 branches and counting.
Born on September 17, 1953, he has been a huge role model for basketball and investment for young people.
Likewise, he has played in the National Basketball League for 12 years, from 1975 until 1987, with the Milwaukee Bucks and Los Angeles Clippers.
Who could have thought that a basketball player could be so good at investment?
3. Magic Johnson
We have Earvin “Magic” Johnson Jr, a former American professional NBA player on number three.
Johnson was first called “Magic” during his time at Everett High School. Also, he was given the nickname by a sportswriter who had just seen the 15-year-old prospect notch 36 points, 16 rebounds with 16 assists.
Magic has been a former president of the basketball operations of the Los Angeles Lakers of National Basketball Association.
Johnson currently has partnerships with Starbucks, Fridays, and 24 Hour Fitness; he has also owned parts of the Lakers, Sparks, Dodgers, and LA Football Club.
He’s become an extremely successful entrepreneur after his retirement, as he started Magic Johnson Enterprises and branched out to own various movie theaters, fast food restaurants, health clubs, real estate, and more.
Magic Johnson had announced his retirement because he got his HIV diagnosis, and back then, people thought HIV was a walking death sentence, so he had to announce his retirement.
He is currently vacationing around Europe with his wife, renting a $150 million super-yacht named “Aquila,” which costs around $1 million a week.
By the sounds of it, Magic knows how to spend his fortune.
4. LeBron James
Going on the number four, we have Mr. LeBron Raymone James Sr, an American NBA player for the Los Angeles Lakers.
LeBron’s net worth has been estimated at 500 million dollars; CBS Sports predicted that if his winning streak in basketball and business continues, he would be on track to become a billionaire before 2022.
His blooming wealth is driven largely by his partnerships with brands such as Nike Inc.
LeBron is nicknamed “King James,” and he currently plays for Los Angeles of the NBA.
Moreover, James is widely considered one of the best players in NBA history and Michael Jordan in debates over the greatest basketball player ever.
His annual salary is 39.22 million USD as of 2021.
James has his own production company like SpringHill Entertainment, and media company, Uninterrupted.
According to SpringHill’s website, its films and original series have appeared on Netflix, HBO, Disney+, Apple+, CBS, NBC, ABC, and ESPN.
5. Shaquille O’Neal
On number five, Shaquille O’Neal, commonly known as “Shaq,” is a retired American NBA player.
Likewise, Shaq is often regarded as one of the greatest basketball players and centers of all time.
As of 2021, Shaquille O’Neal’s net worth is roughly $400 million, making him one of the richest athletes in the world.
Shaq is now a sports analyst on the television program “Inside the NBA.” Also, he has received his doctoral degree in education from Barry University.
Moreover, Shaq is the joint owner of 17 Auntie Annie’s pretzels, 155 Five Guys Burgers restaurants, 150 car washes, 40 24-hour fitness centers, a shopping center, a movie theater, and several Las Vegas nightclubs 9 Papa Johns.
Also, the NBA star is a minority owner of the Sacramento Kings; he has made other significant Lyft, Ring, and Vitaminwater investments and took fitness brand Beachbody public.
Seriously though, have these NBA players taught you how to invest your finances by now or not?
Honorary Mention: Kobe Bryant
On an honorary bonus note, we have Kobe Bean Bryant born on August 23, 1978; he died on January 26, 2020. (may he rest in peace).
He was an American NBA player and entrepreneur, positioned in the game as a shooting guard.
At the time of his demise, Kobe Bryant’s worth was estimated to be around $600 million, and he made most of it from endorsement deals with high-profile brands.
The main source of income for Kobe’s estate is from Nike shoes and apparel. Nike reportedly makes $250 million a year from Kobe Bryant branded items.
Hope you enjoyed our top 5 lists of rich NBA players!