Michael Jordan parade on Wall Street after incredible blow

An accomplished businessman, Michael Jordan seems to be becoming as effective in the office as he was on the floors. The latest shot from the ex-Bull is worth a look anyway, since one of the investments ended… on Wall Street!

We can say that Michael Jordan has largely succeeded in his conversion, after having hung up in 2003. It’s quite simple, the former n ° 23 is the first billionaire sportsman in history! He even had enough cash on hand to acquire the Hornets franchise years ago, having achieved his NCAA career in North Carolina.

This financial success, he obviously owes it in large part to Air Jordan, a brand of sneakers that he developed with Nike and whose pairs are selling like hot cakes around the world. Who wouldn’t want shoes with the Jumpman on? However, the six-time champion also stood out for his ability to smell very good shots, well before the others.

Years ago, MJ had invested in the Swiss company Sportradar, which deals with the collection of data related to sport. If no one knew the company at the time, it’s not the same story at all today. Indeed, Sportradar went public on Wall Street not long ago, and it was Jordan himself who formalized the affair!

Sportradar went public today, valued at $7.9 billion even after trading down on day 1.

Michael Jordan is an early investor in the Swiss sports data company, along with Mark Cuban & Eagles owner Jeffry Lurie.

MJ rang the bell on Wall Street this morning ???? pic.twitter.com/V7EKdgJvzC

— Front Office Sports (@FOS) September 14, 2021

Sportradar went public today, valued at $ 7.9 billion, even after prices fell on day one. Michael Jordan is one of the first investors in the Swiss sports data company, with Mark Cuban and the owner of the Philadelphia Eagles (NFL, note), Jeffrey Lurie. MJ rang the bell on Wall Street this morning.

In other words, His Airness’ wallet continues to do very well, thank you for it. It should be noted in passing that he was not the only one in the NBA to have had a fine nose, since Mavs owner Mark Cuban also holds shares in the company. NBA leaders have distinguished themselves on this one!

Really, nothing seems to be able to stop Michael Jordan… We can’t wait to know what financial blow he has in store for us next time!