NewsMichael B. Jordan Adds Investment To His Portfolio With $218M Deal

Michael B. Jordan Adds Investment To His Portfolio With $218M Deal

0
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

“The Morning Roast” With Cast of Professional Black Men Launches Season 2 in Major TV Markets

Nationwide — Live from the Cave: The Morning Roast is back for its highly anticipated second season, premiering on WGN TV Chicago on April...

Founder of Black Woman-Owned Streaming Service Launches Platform to Fund Stories Told by Black Creators

Nationwide — kweliTV, the premier streaming service celebrating Black culture from around the globe, announces the launch of kweliFUND, a groundbreaking crowdfunding platform designed...

Hip-hop and jazz festival at Kennedy center features hip-hop royalty

A standing-room-only, sold-out throng of hip-hop and jazz enthusiasts filled the seats of the John F. Kennedy Center for the Performing Arts in Northwest...

Imani Jean: Freshman standout achieves early success at Howard

From the late Althea Gibson to retired legendary players such as Serena and Venus Williams and Zina Garrison to Naomi Osaki, Sloane Stephens, Ora Washington...

Davey Yarborough honored at Duke Ellington’s 125th birthday concert

As a celebrated musician and arts educator, still making strides in teaching jazz to young musicians, Davey Yarborough, will be honored during “Ellington at...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest

“The Morning Roast” With Cast of Professional Black Men Launches Season 2 in Major TV Markets

Nationwide — Live from the Cave: The Morning Roast...

Founder of Black Woman-Owned Streaming Service Launches Platform to Fund Stories Told by Black Creators

Nationwide — kweliTV, the premier streaming service celebrating Black...

Hip-hop and jazz festival at Kennedy center features hip-hop royalty

A standing-room-only, sold-out throng of hip-hop and jazz enthusiasts...

Imani Jean: Freshman standout achieves early success at Howard

From the late Althea Gibson to retired legendary players...

Newsletter

Don't miss

“The Morning Roast” With Cast of Professional Black Men Launches Season 2 in Major TV Markets

Nationwide — Live from the Cave: The Morning Roast...

Founder of Black Woman-Owned Streaming Service Launches Platform to Fund Stories Told by Black Creators

Nationwide — kweliTV, the premier streaming service celebrating Black...

Hip-hop and jazz festival at Kennedy center features hip-hop royalty

A standing-room-only, sold-out throng of hip-hop and jazz enthusiasts...

Imani Jean: Freshman standout achieves early success at Howard

From the late Althea Gibson to retired legendary players...