Mar 28, 2022
Question of the Day

Question of the Day: Can you name one of the two richest billionaires in sports?

Answer: Vince McMahon ($2.3 billion) and Michael Jordan ($1.7 billion) 

   

Questions:

  • Are you surprised by who tops the richest sports stars? Why or why not?
  • Other than competing as professional athletes, how did these stars earn their fortune?
  • How can entrepreneurial skills benefit those who have a skillset or talent?

Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.

 

Behind the numbers (Forbes):

"Vince McMahon is chairman and CEO of entertainment company World Wrestling Entertainment (WWE), which hauls in nearly $1 billion in annual revenue. A third-generation wrestling promoter and wrestler, McMahon grew up in a trailer park in North Carolina and joined his father's small wrestling company in 1972. McMahon purchased the business 10 years later, then transformed the World Wrestling Federation from a regional operation into a global phenomenon. WWF (now called WWE) went public in 1999; today its programs are broadcast in roughly 150 countries and more than 30 languages. His foundation has gifted funds to the Boys & Girls Club of Stamford, Connecticut, and Breast Cancer Alliance.

Regarded by most as the NBA's greatest all-time player, Michael Jordan won six titles with the Chicago Bulls. His salary during his career totaled $90 million, but he has earned $1.8 billion (pre-tax) from such corporate partners as Nike, Hanes, and Gatorade. MJ joined sports-betting firm DraftKings as a special advisor to the board and an investor in September 2020. He also became a NASCAR team co-owner in late 2020. Jordan, who owns the Charlotte Hornets, agreed to sell a minority stake in a 2019 deal that valued the NBA team at $1.5 billion."

 

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About the Author

Mason Butts

After graduating from UCLA with a Master's in Education, Mason spent 5 years as a science educator in a South Los Angeles public high school. He is committed to supporting the holistic growth of all students and empowering them to live a life of relational, academic, and financial success. Now settled in the Bay Area, Mason enjoys facilitating professional developments and partnering with educators as they prepare students for a bright financial future. When Mason is not building curriculum or planning a training, he can be found cycling, trying new foods, and exploring the outdoors.

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