Biography & Early Wealth Journey

In addition to the $5 million gift to the museum, Jordan also donated his game-worn jersey from the 1996 NBA Finals to the museum, which will be added to the museum's permanent collection. In recognition of Jordan's gifts, the museum will name a part of its sports gallery the 'Michael Jordan Hall.'

(Jeff Haynes/AFP/Getty Images)

(Jeff Haynes/AFP/Getty Images)

The first exhibition being shown at the museum will feature memorabilia and artifacts from 17 "game-changing" athletes. In addition to Jordan, track legend Jesse Owens and tennis player Althea Gibson will be featured at the exhibit, among others.

Primary Income Streams & Multi-Million Contracts

"We are extremely grateful to Michael Jordan for his game-changing support," said founding director of the museum, Lonnie G. Bunch III. "His gift will enable our visitors to explore how sports were used to break barriers as a way to gain full participation in American society. The Sports Gallery will celebrate how African Americans have changed sports—and how African Americans in sports have changed America."

"I am grateful for the opportunity to support this museum," said Jordan. "I also am indebted to the historic contributions of community leaders and athletes such as Jesse Owens, whose talent, commitment and perseverance broke racial barriers and laid the groundwork for the successful careers of so many African Americans in athletics and beyond."