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Michael B. Jordan attends the “Creed III” Japan Premiere at Korakuen Hall on May 17, 2023 in Tokyo, Japan. (Photo by Jun Sato/WireImage)
Black celebrities are raising the stakes when it comes to investing, and Michael B. Jordan’s investment in Alpine Racing is the latest move.
Jordan isn’t brand new to investing in sports. Black Enterprise reported the Creed star became a minority shareholder of AFC Bournemouth last year. The club said in a statement, “AFC Bournemouth is Michael’s first foray into professional sports ownership, as he and Nullah will work closely with Bill in areas including global marketing and internationalization of the club [sic].”
Jordan’s net worth as of this year is $25 million, Parade reported. The bulk of his worth comes from his acting career with the Black Panther and Black Panther: Wakanda Forever actor earning around $2 million for his role as Erik Killmonger in the first film, according to the outlet. The amount does not include Jordan’s earnings for the second film, as those earnings have not been disclosed. According to box office numbers, Creed III made $275.3 million, Creed II made $214.1 million, and Creed made $173.6 million.
Another high-profile celebrity recently pivoted into sports team ownership as well. Black Enterprise reported that J. Cole became a minority owner of the Charlotte Hornets after NBA legend Michael Jordan sold a majority stake to a buyer group.
Source: Black Enterprise
