Michael Jordan is one of the world’s greatest basketball players in NBA history. He was a six-time NBA Champion and holds the record for the most points scored in an NBA Finals game. He also became an NBA MVP five times.
The 59-year-old celebrity is also famous for the movie Space Jam and for endorsing Nike’s Air Jordan line. Jordan has established himself as the most outstanding North American athlete of the 20th century. He currently serves as the Charlotte Bobcats’ part-owner and basketball operations director.
Michael Jordan's Appearance (Height, Hair, Eyes & More)
|6 ft 6 in
Facts About Michael Jordan
|Estimate Net Worth
|Brooklyn, New York, USA
|17 February 1963
Michael Jordan's Net Worth
Michael Jordan is one of the richest retired basketball players in the world. Most of his income comes from multiple brand endorsements. In 2022, professional basketball player Michael Jordan will have a net worth of about $1.6 billion.
Michael Jordan’s success began after he stopped playing. His ownership of the Charlotte Hornets, a team, is mainly responsible for his current net worth. The 2010 purchase of the Hornets by the six-time Finals MVP allegedly cost $175 million.
Over the previous year, the franchise’s valuation increased and is estimated to be $1.5 billion. Although MJ sold a small portion of his Hornets shares, he did state that he has no interest in ceding ownership of the organization.
Michael Jordan's Early Life
On February 17, 1963, in Brooklyn, New York’s Fort Greene neighborhood, Michael Jeffrey Jordan was born. He is the fourth of five kids. His siblings are Larry Jordan, Deloris Jordan, Roslyn Jordan, and James Jordan Jr.
Michael and his family relocated to Wilmington, North Carolina, when he was barely five.
Jordan had a secure home environment as a child. Delores, his mother, was a bank teller before becoming a published author. James, his father, was a General Electric maintenance worker who later became a manager.
Michael Jordan's Education
Michael Jordan completed high school at Wilmington’s Emsley A. Laney High School. One year before his expected graduation date, he left North Carolina to join the 1984 National Basketball Association (NBA) draft. Jordan earned a Bachelor of Arts in geography in 1986 when returned to North Carolina to finish his education.
Michael Jordan's Personal Life
Early chemistry between Jordan and Juanita led to their marriage in 1989, marking their romance’s end. Marcus, Jasmine, and Jeffery would be the couple’s three children.
The two eventually filed for divorce in 2002 when the marriage soured. They attempted to patch things up, but it didn’t work, and in 2006 they formally ended their relationship.
Jordan’s $168 million divorce settlement with Juanita set a record for any sportsperson. (1)
Prieto and Jordan first met in Miami, and by 2010, when they moved in together, they had officially become a couple. Jordan and Prieto exchanged marriage vows on April 27, 2013, at the Episcopal Church of Bethesda-by-the-Sea and the reception took place at Bear’s Club in Jupiter, Florida. (2)
Jordan and Prieto agreed to a prenuptial contract, unlike his marriage to Juanita Vanoy in the past. According to the legal document, each spouse will be entitled to keep the assets they bring to the wedding. For each year they were married, she would earn $1 million in the event of their divorce.
The couple announced their pregnancy seven months after their wedding. The couple welcomed twin girls, Victoria and Ysabel Jordan, on February 9, 2014.
Michael Jordan's Career
Michael Jordan scored the game-winning basket against Georgetown in the 1982 national championship game while a freshman at the University of North Carolina. Jordan left North Carolina one year before his graduation to join the NCAA basketball draft and was voted College Player of the Year both in his sophomore and junior years. (3)
The Chicago Bulls selected Jordan in the 1984 NBA Draft. He was voted Rookie of the Year and led the league in scoring in his first season as a professional (1984–85). Jordan helped the Bulls in winning the championships over the years.
Jordan participated in the Olympic Games as a member of the US team in the summer of 1984. NBA basketball squad. The squad took home the gold at the Los Angeles-hosted games that year. He also contributed to the gold medal win of the US in the 1992 Olympic Games in Barcelona, Spain. (4)
In 1998, Jordan announced his retirement after fifteen seasons and six championships with the Chicago Bulls. He then became a part-owner of the Washington Wizard from 2001 to 2003.
Michael Jordan announced his retirement from basketball to focus on baseball following the conclusion of the 1992-1993 basketball season, shocking many in the process. Jordan was an outfielder for the Birmingham Barons in the minor leagues for one season in 1994.
Jordan had a pretty pitiful.202 batting average during his brief baseball career, which many fans regarded as a whim. But many people he worked with at the time described him as a very motivated athlete with promise.
TV and Movie Actor
The basketball player also became a part of the popular film “Space-Jam.” A documentary was also filmed which is about Jordan’s time with the Chicago Bulls and focused heavily on the 1998 NBA Playoffs. The film was released in 2000. Another documentary miniseries about the celebrity is “The Last Dance.”
Michael Jordan is also regarded as one of the world’s best-marketed athletes due to his several endorsement contracts. He was said to be behind the massive success of Nike’s Jordan line, which features the still-famous Air Jordan shoes. Jordan was said to receive 5% per pair of Air Jordan shoes sold.
Jordan has earned $1.7 billion (pre-tax) from Nike, Coca-Cola, McDonald’s, Wheaties, and Chevrolet over nearly 40 years. Jordan currently has Upper Deck, Gatorade, Hanes, and Nike affiliations.
Michael Jordan joined as a managing owner of the Charlotte Hornets in 2006 after purchasing the bulk of the team’s stock with the objective of raising the team’s status.
Jordan’s post-basketball career outside basketball includes ownership of a professional auto racing team 23XI. Bubba Wallace is the driver for their NASCAR squad. In addition, he owns several restaurants scattered across the country.
Michael Jordan's Controversies
Michael Jordan got involved in a gambling scandal while he was a baseball player. He was said to have amassed large gambling debts and once lost $1.25 million playing golf in a single day. (5)
Although he was never charged with a crime, the claims damaged MJ’s reputation. Many others believed that his gambling practices were detrimental because he served as a role model for young people.
Some people think that Jordan’s three-year absence from baseball was more related to the allegations of gambling than baseball. Before rejoining the NBA, he needed time to restore his reputation.
Michael Jordan’s conflict with his former colleague Scottie Pippen has garnered media attention lately. Since Pippen didn’t like how he was portrayed in the documentary film “The Last Dance,” the two have been estranged.
Despite their conflict, Scottie Pippen has previously praised Michael Jordan’s influence on basketball. According to him, Michael Jackson “changed everything” and was the “best player of all time.”
Michael Jordan's Humanitarian Works
Michael Jordan has also been a proponent of humanitarian works. He founded the Michael Jordan Celebrity Invitational, an annual golf tournament that generated money for several humanitarian organizations.
In 2006, Jordan donated $5 million to Hales Franciscan High School in Chicago. The Boys & Girls Clubs of America in Louisiana and Habitat for Humanity also received a considerable donation from the celebrity.
Jordan was coined as Chief Wish Ambassador in 2008 as he was also one of the Make-A-Wish Foundation patrons.
Michael Jordan's Real Estate & Other Properties
The NBA star and billionaire own five multimillion-dollar residences in the United States, including a $12.4 million estate in Jupiter Island, Florida, and a $7 million mansion in Highland Park, Illinois. (6)
Jordan owns numerous vacation homes and properties across the globe in addition to his regular residences.
Jordan lavished $61.5 million on a super-luxurious Gulfstream G550 aircraft. He flies on the plane for both business and pleasure. He decorated the jet in powder blue and white during its early years, drawing color inspiration from the University of North Carolina, his alma mater.
Jordan’s automobile collection is considered worth more than $5 million, some of which are a Ferrari Testarossa, a Porsche 911 Turbo, and a Lamborghini Diablo. (7)
- Ashish Priyadarshi, Michael Jordan’s ex-wife Juanita Vanoy, who cost him $168 million, dated another Bulls player, retrieved from https://thesportsrush.com/nba-news-michael-jordans-ex-wife-juanita-vanoy-who-cost-him-168-million-dated-another-bulls-player/
- Bianca Rodriguez, Michael Jordan Met His Wife Yvette Prieto in a Very Relatable Way, retrieved from https://www.marieclaire.com/celebrity/a32389941/how-michael-jordan-met-yvette-prieto/
- Dan Western, Michael Jordan Net Worth, retrieved from https://wealthygorilla.com/michael-jordan-net-worth/
- Web Post, Michael Jordan Biography (1963-), retrieved from https://www.biography.com/athlete/michael-jordan
- Web Post, How Is The Net Worth of Michael Jordan A Stunning $2.2 Billion? Retrieved from https://thesuccessbug.com/net-worth-of-michael-jordan/
- Babu Tendu, Michael Jordan’s net worth in 2022: How rich is MJ this year? Retrieved from https://sportsbrief.com/facts/net-worth/16666-michael-jordans-net-worth-2022-how-rich-mj-year/
- Archana Kabra, What is Michael Jordan’s Net Worth in 2022? Retrieved from https://www.thetealmango.com/featured/what-is-michael-jordans-net-worth/