by Gerald Flores
Michael Jordan has had a lot of accomplishments outside of the basketball court.
Last year, he officially hit the billion dollar earning mark. This year, he made Forbes' list of worldwide billionaires for the first time. And this week, Forbes ranked him the richest retired athlete in the world.
The finance magazine cited his royalties from Nike as a big chunk of his annual earnings. The Jordan Brand's sales rose 17 percent last year to $2.6 billion. Nike, along with his other endorsement partners made up around $100 million of MJ's earnings in 2014, which is more than the $94 million he made in the NBA in his 15-year career with the Chicago Bulls and Washington Wizards.
Jordan's shoe sales are 10 times the size of LeBron James'. The Jumpman brand alone makes up almost 60 percent of the entire $4.2 billion U.S. basketball sneaker market. Half of Jordan Brand's sales are from retros, Forbes reported.