World’s Richest Sports Star Is Worth 3x More Than Michael Jordan

Jessica Pegula missing out on winning the US Open cash prize won’t affect her too much as she is worth three times more than Michael Jordan.
Credit: Alamy & @ jpegula/Instagram

Jessica Pegula may have got knocked out of the US Open this week, however, missing out on the winning cash prize won’t affect her too much since she is reportedly worth three times more than Michael Jordan.

Pegula’s family is estimated to be worth £5.8billion, with her father Terance being the 35th richest person in the world. This makes her an heiress.

Their fortune started when he found East Resources in 1983, a natural drilling company that got sold in 2010 for roughly $4.7billion to Shell.

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Along with other ventures, he established Pegula Sports, which has now purchased the NFL (National Football League) team Buffalo Bills which he has owned since 2014, after outbidding the likes of Donald Trump and Jon Bon Jovi.

Pegula also owns the NHL (National Hockey League) franchise, Buffalo Sabres.

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Mixing her family’s fortune with her winnings from tennis, the sports star is officially the richest athlete of all time, which comes as a surprise as many believe NBA legend Michael Jordan held that title.

Since retiring in 2003, the Chicago Bulls and Washington Wizards player still has endorsement deals from major brands such as Coca-Cola and Nike.

Jordan has also invested in multiple companies, such as a premium tequila brand.

However, his most notable avenue of income is the Jordan Brand, which supplies trainers, clothes, and is even the kit provider for the French football team Paris Saint-Germain.

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Jordan’s estimated net worth is believed to be around $1.7billion, which is not close to the tennis star.

Pegula was hoping to advance to the semi-finals of the US Open as the number eight seed, however, she was knocked out of the tournament by Iga Swiatek.

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Written by Rosario Monachino

Rosario is a content editor at IGV who specialises in film, TV and entertainment news. He has a degree in English and Film from the University of Salford and a masters in Journalism from Liverpool John Moores University.