Name | Michael Jordan |
Age | 60 |
Occupation | Basketball player and Businessman |
Source Of Wealth | NBA matches, Nike endorsements |
Net Worth | $2.2 Billion |
Residence | Florida |
Michael Jordan, popularly known as MJ, is deemed to be one of the greatest basketball players. He was considered the pioneer that made way for the NBA Basketball to a global stage. His on-court and off-court persona is still considered sacred. Since his retirement from the game in 2003, he has also developed a flourishing career in business.
The greater NBA player of all time has inspired the new generations which encouraged them to explore sports like basketball. Michael Jordan is not only an athlete, but a businessman, actor, philanthropist, and also writer. All these domains contributed to a spike in his net worth. Not only that, Jordan is said to be a family man, as he spent most of his time with them post-retirement.
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Michael Jordan Net Worth
According to Forbes, Michael Jordan’s net worth is estimated to be around $2.2 billion as of 2023. He not only earned from the NBA play-off but also from endorsements and massive investments. It was only through his investments and proper money management, Jordan became one of the wealthiest basketball players. Most of his earnings were also from deals signed with Nike. The owner of the Charlotte Hornets made $90 million in salary over his NBA career, the rest from various brand endorsements.
Michael Jordan’s Wife And Kids
Michael Jordan proposed to his long-time girlfriend, Yvetter Prieto on the Christman of 2011. Prieto is a Cuban-American model. On 27 April 2013, the couple married at Bethesda-by-the-Sea Episcopal Church. The same year, on 20 November Prieto gave birth to their first child. Later in 2014, she gave birth to identical twin daughter-Victoria and Isabel. And in 2019 the NBA player became a grandfather when his daughter Jasmine gave birth to Rakeem Christman’s son- Rakeem Michael Christman. Rakeem Christman is also a professional basketball player.
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Michael Jordan’s Other Ventures
Nike has always been Jordan’s main source of income. This first-year deal with Nike was estimated worth $500,000 annually and in 2022, according to Forbes his earning from Nike was about $130 million. He was part of a $305 million investment in Dapper Labs, which is a startup behind the virtual trading card platform NBA Top Shot. Not only that, Jordan has a deep passion for golf, and in 2019 he built his own golf course. He brought a stake in DraftKings and since then its stock rose.
Michael Jordan Philanthropy
The NBA player is also known for his donations and philanthropic activities. MJ made $4 million from a series that he donated to charities. In 2020 he also donated $2 million of his earnings from his docuseries- ‘The Last Dance’. In the same year, Nike’s Jordan Brand pledged to donate $100 million over 10 years to organizations fighting for racial quality, social justice, and access to education.
Michael Jordan House
Before moving to Florida, Michael Jordan lived in his Chicago mansion for almost 19 years. The house expands over 56,000 square feet and it includes nine bedrooms and a basketball court. The property also contains an infinity pool, a full-fledged golf course, a tennis court, and several outdoor spaces. He owns a property in Utah and North Carolina. Currently, Jordan lives in The BEras Club along with his family. The property is spread across 3 acres of land and is surrounded by greenery with heavily guarded security.
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