Basketball legend Michael Jordan is the richest, most famous, and greatest player in history. It won’t be wrong if we say that Michael Jordan is the person who popularized basketball.
He has millions of fans around the world who want to know about his net worth. So, what is Michael Jordan net worth?
Michael Jordan net worth is $2 billion in 2023, which he has made from his basketball salaries, brand endorsements, business ventures, and investments.
To learn more about the life of the legend of basketball, make sure you don’t leave this article halfway through.
Michael Jordan’s Quick Biography
| Full Name: | Michael Jeffrey Jordan |
| Date of birth: | February 17, 1963 |
| Birthplace: | Cumberland Hospital in the Fort Greene neighbourhood of New York City’s Brooklyn borough |
| Profession: | Basketball player, businessman, Entrepreneur, and Influencer. |
| Nationality: | American |
| Wife: | Yvette Prieto |
| Height: | 1.98cm |
| Weight: | 98KG |
| Age | 60 years |
| Net Worth: | $2 billion |
Who’s Michael Jordan?
Born in Brooklyn on February 17, 1963, Michael Jordan is a former basketball player and big name in the game.
You probably know him as MJ which is his nickname.
His impact on the game of basketball and popular culture is immense, and he has left an indelible mark on it. He first got fame in the 1980s and 1990s playing for the Chicago Bulls in the National Basketball Association (NBA). His incredible skills captivated fans everywhere.
Jordan’s style of play was both graceful and powerful, and he had the ability to perform under pressure. He was known for his gravity-defying dunks, scoring ability, and competitive drive.
What’s Michael Jordan Net Worth?
The wealthiest basketball player in history, Jordan has made a name for himself and lots of money. In 2023, Michael Jordan net worth is $2 billion, which he has earned in his entire career. How did he earn his money?
How Did He Earn It?
Many of you must be thinking, ” How did MJ make so much money? Well, many sources of his income have made him a billionaire. Let’s go over each one one by one.
Michael Jordan Net Worth & Career Earnings
A big portion of the net worth of the legend Michael Jordan came from his basketball career earnings. He was the highest-paid player of his time and would get millions of dollars as a salary.
You’d be amazed to know that he has made over $90 million in his entire career just from his basketball salaries. Isn’t that amazing?
Read about famous basketball player Shaq Net Worth here.
Michael Jordan’s Earnings From Brand Endorsements
Michael Jordan’s fans have made him more money than any influencer can even think of. In 2022, He signed a contract with Nike, a well-known brand, that gave him $1.3 billion. Have you heard of the famous and most sold Nike shoes, Air Jordans?
You read that right; they’re named after Michael Jordan, and Nike also pays him a great paycheck for that. Even though Michael wanted to sign a contract with the Adidas brand first, Nike looked quite appealing to him, so he went for them.
Is Nike still paying Michael Jordan for Air Jordans?
Yes, it’s a never-ending deal between MJ and Nike, as Nike has produced Air Jordans under the name of Michael, which are the best-selling shoes of their brand.
They make millions of dollars by selling these shoes. Thus, they give Michael quite a big paycheck per month.
Michael’s Business Ventures
Jordan’s business ventures and investments have increased his net worth substantially, even though specific earnings aren’t always disclosed.
The value of his Charlotte Hornets ownership stake has gone up dramatically. In 2021, Forbes estimated the team’s worth at $1.5 billion. Jordan’s other investments, such as in real estate and restaurants, have added to his wealth, but the exact earnings from these ventures are not publicly available.
Michael Jordan Height, Weight, and Age
The basketball player is 1.98cm tall and 98KG. His birthday is February 17, 1963, making him 60 years old.
Michael Jordan Car Collection
Jordan is one of the world’s biggest car enthusiasts, with 12 cars in his collection. All of his cars are quite expensive and a dream for many. He has the following cars in his collection:
- Bugatti Veyron Sang Noir: This is one of the most expensive cars in the world, with a price tag of over $2 million. Jordan reportedly bought this car in 2010.
- Mercedes-McLaren SLR 722 Edition: This car is a limited-edition supercar that was produced from 2006 to 2009. Jordan reportedly bought one of these cars in 2007.
- Mercedes-Benz SL 55 AMG: $100,000. A V8 engine powers this German luxury sports car and can reach speeds of up to 180 mph.
- Ferrari 512TR: During 1991-1994, Ferrari produced this classic sports car. Jordan apparently purchased one in 1992.
- Ferrari 550 Maranello: This is another classic Ferrari sports car that was produced from 1996 to 2002. Jordan reportedly bought one of these cars in 2001.
- **Porsche 930 Turbo Cabriolet “Slant Nose”: This rare and unique Porsche was produced from 1987 to 1994. Jordan reportedly bought one of these cars in 1989.
- Bentley Continental GT: This luxury sedan was first introduced in 2003. Jordan reportedly bought one of these cars in 2005.
- Aston Martin DB7 Volante: Jordan also owns this British model car which he purchased in 2001.
- Mercedes-Benz W140 S600 Coupe: He has a Mercedes-Benz W140 S600 Coupe, which he bought in 1996.
- Cadillac XLR-V: Jordan reportedly bought one of these cars in 2006.
- Toyota Land Cruiser J80: Jordan also bought a luxurious and beautiful Toyota Land Cruiser car in 1991.
- Chevrolet Corvette C4: The last car that Jordan owns is a Chevrolet Corvette which is a stylish and luxurious car that he got his eyes on in 1984.
He Was About To Be Arrested?
Jordan’s love for cars and speed almost got him behind bars when he was caught driving his Bugatti Veyron at 104 mph in a 65mph zone.
In 2009, police caught him driving the car so fast, but instead of putting him behind bars, they warned him not to do it again.
Michaele Jordan House
In March 2013, Michael Jordan paid $2.8 million for a lake-front compound situated on the serene shores of a lake in Charlotte, North Carolina.
This extraordinary home, which occupies 12310 square feet of living space, has six bedrooms and eight bathrooms.
Through its magnificent floor-to-ceiling windows, the house is surrounded by a spectacular view of the lake from almost every corner of its spacious 50,000-square-foot lot.
The home’s interior boasts a luxurious touch, complete with exquisite marble and hardwood floors that add elegance to the space and create an airy and grand atmosphere. There’s an airy and grand feeling to this place, thanks to the high ceilings.
This lake house is a true pleasure to stay in, with multiple fireplaces to keep you cosy on chilly evenings, an elevator for convenience, and Jacuzzi tubs in select bathrooms.
You’ll find a gorgeous pool area outside, the perfect place to take a refreshing dip or layout.
The lake’s glistening waters lead to a charming gazebo that stands proudly amid the peaceful tranquillity.
Additionally, Michael Jordan owns a luxury condo in the heart of Charlotte, allowing him to stay close to his Hornets team.
Other than that, he’s also got another property in Salt Lake City, Utah, adding to his impressive portfolio.
Michael Jordan Early Life
Born on February 17, 1963, in Brooklyn, New York, Michael Jordan grew up in Wilmington, North Carolina, where his love of basketball began. As a kid, Jordan idolised his older brother Larry, who played basketball as well.
Jordan became known as a talented athlete in high school. Football, baseball, and basketball were his favourite sports at Emsley A. Laney High School.
Jordan became a standout player due to his incredible athleticism and scoring ability, catching the attention of college recruiters across the country with his determination and growth mindset.
Jordan’s coach offered him a basketball scholarship to the University of North Carolina at Chapel Hill. Since he was crazy about basketball, he happily accepted the offer.
In his freshman year, he immediately hit the game-winning shot in the 1982 NCAA Championship game. This moment became a defining early highlight in his basketball career.
Michael Jordan Career
After three successful seasons at North Carolina, Michael Jordan decided to forego his senior year and declared for the 1984 NBA Draft. His professional basketball career started when the Chicago Bulls picked him third overall.
Stepping onto an NBA court, Jordan left a lasting impression. His exceptional scoring ability and acrobatic moves captivated fans and earned him the nickname “Air Jordan.” His dunks, hang time, and ability to seemingly defy gravity left spectators in awe.
Throughout his career, Jordan’s skills only sharpened. He became a scoring machine, consistently leading the league in points per game. His competitiveness and will win were unmatched, leading the Bulls to multiple NBA championships.
In the 1990s, Jordan and the Bulls dominated the NBA, winning six championships in eight years. His partnership with coach Phil Jackson and fellow superstar Scottie Pippen formed the core of a legendary team that established a dynasty.
Jordan’s leadership and clutch performances on the biggest stages solidified his status as a basketball icon.
Aside from his accomplishments on the court, Jordan’s influence extended beyond basketball. He transcended the sport and became a cultural phenomenon, capturing the attention of fans worldwide.
The Personal Life of the Legend Michael Jordan
It’s now time for you to learn about the personal life of the Legendary Basketball player Michael Jordan.
Michael Jordan’s Wife
The ex-wife of Michael Jordan is Juanita Vanoy, a model from the US. They divorced in 2007, and he now lives with his wife, Yvette Prieto, a Cuban-American model and entrepreneur. The couple met in a nightclub in Miami and tied the knot on April 27, 2013.
Juanita Jordan Divorce Settlement
No one knows the reason why Michael wanted to part ways with his wife, Juanita Vanoy. After 13 years of marriage, Jordan filed for divorce from Juanita.
However, this divorce cost him $168 million as a divorce settlement, which he had to pay to his ex-wife. This is the most expensive divided settlement of all time.
Do Michael Have Kids?
Michael Jordan has five children. With his first wife, Juanita Vanoy, he has three children: Jeffrey, Marcus, and Jasmine. With his second wife, Yvette Prieto, he has twin daughters, Victoria and Ysabel.
- Jeffrey Jordan is 34 years old. He attended the University of Illinois at Urbana-Champaign and played college basketball for the Fighting Illini. He is now a businessman and works for his father’s company, Jordan Brand.
- Marcus Jordan is 32 years old. He attended the University of Central Florida and played college basketball for the UCF Knights. He is now a businessman and owns a clothing line called Trophy Room.
- Jasmine Jordan is 30 years old. She attended Princeton University and graduated with a degree in sociology. She is now a businesswoman and works for her father’s company, Jordan Brand.
- Victoria Jordan and Ysabel Jordan are 9 years old. They are identical twin daughters. They attend a private school in Florida.
Michael Jordan’s Achievements
Michael Jordan has achieved a lot in his career. Here is a list of all his career achievements.
- 6 NBA championships: Jordan won six NBA championships with the Chicago Bulls in 1991, 1992, 1993, 1996, 1997, and 1998.
- 6 NBA Finals MVP awards: Jordan won the NBA Finals MVP award six times.
- 5 NBA MVP awards: Jordan tied for third most NBA MVP awards in history with five.
- 10 scoring titles: Jordan won ten scoring titles, which is an NBA record.
- 14 All-Star appearances: The NBA has selected Jordan to its All-Star team 14 times, which is second only to Magic Johnson’s 15 appearances.
- 3 All-Star Game MVP awards: Jordan won three MVP awards.
- 9 All-Defensive First Team selections: Jordan earned nine All-Defensive First Team selections, which is the most in NBA history.
- 1 Defensive Player of the Year award: In 1988, Jordan received the Defensive Player of the Year award.
- Naismith Memorial Basketball Hall of Fame inductee: Inducted in 2009, Jordan is among the most prestigious players in basketball history.
- 2 Olympic gold medals: Jordan won two Olympic gold medals with the United States in 1984 and 1992.
Michael Jordan Charity Works
Michael Jordan has a heart of gold which makes him do a lot of charity work to help poor people worldwide. He has donated to the following charities so far:
- Make-A-Wish Foundation: Jordan has donated over $10 million to the Make-A-Wish Foundation, making him the largest individual donor in the organization’s history. His donations have helped to grant wishes to thousands of children with life-threatening illnesses.
- UNCF/College Fund: Jordan has donated millions of dollars to the UNCF/College Fund, which helps to provide scholarships to African American students. He has also served as the organisation’s national spokesperson.
- Special Olympics: Jordan has long supported the Special Olympics, a sports organisation for people with intellectual disabilities. He has donated millions of dollars to the organisation and has also participated in several Special Olympics events.
- Boys & Girls Clubs of America: Jordan is a board member of the Boys & Girls Clubs of America, a youth organisation that provides programs and services to children and teens. He has also donated millions of dollars to the organisation.
- Ronald McDonald House Charities: Jordan has donated millions of dollars to the Ronald McDonald House Charities, which provides housing for families of children receiving medical treatment. He has also visited several Ronald McDonald Houses and met with families staying there.
Jordan has also donated to a number of other organisations, including the American Red Cross, the United Way, and the V Foundation for Cancer Research.
Michael Jordan also established his own foundation, the Michael Jordan Foundation, which supports a variety of programs and initiatives benefiting children and families.
Jordan’s charity work is a role model for many people, and his work has made a real difference in the lives of countless kids and families.
Frequently Asked Questions
Michael Jordan became a billionaire through a combination of his basketball salary, endorsement deals, and ownership of the Charlotte Hornets.
Michael Jordan signed a contract with Nike, which paid him around 1.3 billion for up to 2020. Since Nike has a shoe line called Air Jordan, which is Michael Jordan’s name, he also gets a great amount for it.
Michael Jordan is a billionaire. As of March 2023, his net worth is $2 billion.
Michael Jordan reportedly makes $100 million per year from his various business ventures. This includes his salary from the Charlotte Hornets, his endorsement deals, and his ownership of Jordan Brand.
As of March 2023, Michael Jordan is the richest athlete ever. His net worth of $2 billion is more than any other athlete in history.
Final Words
What is Michael Jordan net worth? His net worth is $2 billion in 2023, which he has made from his basketball salaries, brand endorsements, business ventures, and investments.
It’s exciting to know that just from a single contract with Nike, Jordan made around $1.3 billion. And he still gets a very good paycheck from Nike for the Air Jordan brand that they produce.
This is all from Michael Jordan. If you have any more questions about the topic, let me know in the comments.