3. Michael Jordan ($1.14 billion)
Photo credit: Chigaco Tribune
Basketball icon Michael Jordan is the third richest African American. The 52-year-old former Chicago Bulls star is regarded as one of the greatest sportsmen of all times. Jordan, who now works as a public speaker and actor, has built an empire from his earnings as a player in addition to lucrative endorsement deals with several brands and, most importantly, his partnership with sportswear maker Nike for his Air Jordan shoes.
