Share sale

Michael Jordan: $3.00B moved in 2023

Sold his majority stake in the Charlotte Hornets, ending 13 years as the NBA's only Black majority owner.

The figure

  • Amount3,000,000,000 US dollars
  • CategoryShare sale
  • CorridorCharlotte, United States → New York, United States
  • Distance855 km apart
  • Year reported2023
  • Documentation confidence93/100

What that amount buys

$3.00B is roughly 40 long-range private jets, 7.1K median-priced US homes, or 37.2K years of median US household income.

Michael Jordan is publicly known as former owner, charlotte hornets. The arc drawn for this entry joins Charlotte and New York because those are the places the two sides of the deal are based — it is not the route a wire took through the banking system.

Source

Comparable share sale entries