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Michael Jordan

NC
Category: Personalities
Award: Best Business Rebound
Year Won: 2015
Pick: Editor's Pick

Jordan, the basketball legend, became Jordan, the noted businessman, this year. The Hornets owner was named the Charlotte Business Journal’s Business Person of the Year. While accepting the award, Jordan choked up when talking about how far he and the franchise have come financially in the past decade. Forbes says Jordan is a billionaire and placed the value of the Hornets at $725 million. He reportedly paid $175 million when he bought the team in 2010. In the same timeframe, season ticket sales grew from 6,000 to 10,000. Much of this was made possible because Jordan made the slam-dunk decision to change the team from the Bobcats to the Hornets.