Michael Jordan is Officially a Billionaire

NBA legend Michael Jordan is officially a member of the billionaire boys club. The 51-year-old former Chicago Bulls star just added hundreds of millions of dollars to his personal wealth by increasing his ownership in the Charlotte Hornets from 80% to 89.5%. Before expanding his portfolio Jordan had a net worth of $750 million.

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Floyd Mayweather cash

Champion boxer Floyd Mayweather has everything money can buy. Too bad his money can't buy him common sense or self-esteem, because then he would truly be prosperous.

Mayweather's millions keeps him relatively comfortable -- and he makes sure to always have at least a million in cold cash on hand. As for the rest of his money, according to ESPN The Magazine, the narcissistic pugilist keeps $123 million in a single bank account.

By the way, the FDIC covers bank deposits up to $250,000. So if Floyd's bank ever goes under, the majority of his cash will go down with it.

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