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Michael Jordan's business advice earns Charles Barkley $50 million
Charles Barkley revealed that following investment advice from Michael Jordan resulted in a $50 million profit. Barkley noted that while his financial advisors initially considered the suggestion too risky, he chose to trust Jordan's business acumen.
According to Barkley, Jordan advised him to take $1 million from his $3 million annual salary and invest the remaining $2 million into stocks. This strategy proved highly successful, significantly increasing Barkley's wealth beyond his playing career earnings.
Entities
Charles Barkley · Chicago Bulls · Michael Jordan · NBA · Nike