Recently, the first pair of Air Jordan 1s that Michael Jordan wore in his rookie season was sold for a record-breaking price of $560,000. These shoes marked the first time a basketball player had personalized footwear. Previously, basketball players were simply athletes like many other sports. However, everything changed when Jordan signed a contract with Nike and became the face of the brand. He revolutionized the concept of sports fashion and ushered in a new era for the NBA, as the league gained widespread global recognition.

Jordan transcended being just a basketball player. In the early years of his career, he became a millionaire through his collaboration with Nike and later became the owner of his eponymous shoe brand. With an estimated net worth of $2.1 billion, Jordan effortlessly gained ownership of the Charlotte Bobcats NBA team, built golf courses, and managed various investment funds.

In 1996, Michael Jordan took a significant detour into the world of cinema by starring in the film Space Jam. Overall, in many ventures that he invested in, Jordan has consistently demonstrated keen insight, an ability to seize opportunities, and the same factors that contributed to his success as a basketball player.