Michael Jordan Named 4th Richest Celebrity

Forbes Magazine has named Michael Jordan the 4th richest celebrity in America.  This comes a few weeks after the magazine identified Jordan as the highest paid athlete of all time.

This particular celebrity list is limited to individuals in the entertainment industry.  On the list, Jordan worth an estimated $1.2 billion, only ranks behind three others: Oprah Winfrey, Steven Spielberg, and George Lucas. The magazine noted that most of Jordan's wealth comes from Jordan Brand, which nets around $2.8 billion each year.