As of 2024, Former basketball player and businessman, Michael Jordan’s Net Worth is estimated to be $3.2 Billion. He is a retired Basketball player in America. He is counted as one of the best basketball players to ever play the game. He is on the list of very few sportsmen who became a billionaire.

Michael Jordan was born on 17 February 1963 in Brooklyn, New York, United States to James R. Jordan, Sr., and Deloris Jordan. He has won gold for his nation in the Olympics. Here we will discuss Michael Jordan’s Career as an American basketball player, his achievements and records, his businesses, and most importantly his earnings and net worth. He is the most important player on the National team. There is still a lot that you don’t know about him and if you want to know then keep reading. See Zydrunas Ilgauskas Net Worth.

Michael Jordan Net Worth

American former basketball small forward “Michael Jordan” has a net worth of $3.2 Billion. According to various online resources (Wikipedia, Forbes, Bloomberg), the most popular American former basketball small forward Michael Jordan estimated net worth is around $3.2 Billion.

Michael Jordan, widely acknowledged as the greatest basketball player in history, has also proven himself as a shrewd entrepreneur, amassing an estimated net worth of $3.2 billion. While his NBA earnings amounted to around $94 million, the lion’s share of his wealth is derived from a diverse range of income channels:

NameMichael Jordan
Net Worth (2024)$3.2 Billion
ProfessionBusinessmen and Basketball
Monthly Income$22 Million +
Yearly Income$270 Million +
Number23 (Chicago Bulls / Shooting guard), MORE
CollegeNorth Carolina (1981–1984)
NBA draft1984: 1st round, 3rd overall pick
BirthplaceCumberland Hospital, USA
Last Updated2024
Michael Jordan Wife

Advertisement

Nike Partnership: Jordan’s most lucrative financial venture arises from his enduring collaboration with Nike. The immensely popular “Air Jordan” brand generates annual revenues in the billions, with Jordan reportedly earning a substantial royalty on each pair sold. This exclusive deal alone is valued at over $1.3 billion for Jordan.

Endorsements: Beyond his association with Nike, Jordan has capitalized on his celebrity status and image, securing lucrative endorsements with major companies such as Gatorade, Hanes, and Upper Deck. These endorsements have significantly bolstered his financial portfolio, contributing hundreds of millions to his net worth.

The Charlotte Hornets: In 2010, Jordan assumed the role of majority owner of the Charlotte Hornets. Although he divested 80% of his stake in 2020, he continues to serve as chairman and retains a substantial ownership interest. Under his leadership, the franchise’s value has markedly increased, adding to his overall wealth.

Business Ventures: Jordan has diversified his financial portfolio through investments in various enterprises, including restaurants, car dealerships, and a production company. These ventures have broadened his income streams and played a pivotal role in his financial success.

Salary: While his NBA salary may seem relatively modest compared to his current wealth, it laid the groundwork for his financial empire. Jordan’s exceptional talent and on-court achievements, including six NBA championships, solidified his brand and marketability.

Investments in Other Sports Teams: Jordan has extended his sports-related investments beyond basketball, acquiring ownership stakes in teams such as the Miami Marlins (baseball) and AXaF1 (a Formula One racing team). These ventures provide additional revenue streams and diversification within the sports industry.

Michael Jordan Assets

House: Michael Jordan owns one of the most expensive houses one can possibly have. He has a massive home in Highland Park, Illinois.

Cars: Michael Jordan has an unbelievable collection of cars. He owns some of the most expensive cars like the Aston Martin DB9 Volante, Chevrolet ZR1 40th anniversary edition, Ferrari 512 TR, and many more.

Michael Jordan Net Worth Growth

YearNet Worth (Million)
Michael Jordan Net Worth in 2024$3200 Million
Michael Jordan Net Worth in 2023$2930 Million
Michael Jordan Net Worth in 2022$2660 Million
Michael Jordan Net Worth in 2021$2390 Million
Michael Jordan Net Worth in 2020$2120 Million
Michael Jordan Net Worth in 2019$1900 Million
Michael Jordan Net Worth

Conclusion

In conclusion, we can say that Michael Jordan is one of the most successful athletes the world has ever seen. He has created massive success from his basketball career as well as from his brand and business. He is a phenomenal sportsman who has made the NBA popular. He is acknowledged and admired by everyone around the world. He is an idol for many who want to make their career in sports.

FAQs

What is the net worth of Michael Jordan?

Michael Jordan's total net worth is $2.5 Billion.

How much does Michael Jordan make annually?

Michael Jordan earns an estimated salary of $250 Million Per Year.

What is the monthly income of Michael Jordan?

Michael Jordan earns $22 Million per month.

How old is Michael Jordan?

Currently, Michael Jordan is 61 years old (17 February 1963).

What is the height of Michael Jordan?

The height of Michael Jordan is 1.98 m (6′ 6″).

What is the name of Michael Jordan’s wife?

Michael Jordan was married to Yvette Prieto (m. 2013), and Juanita Vanoy (m. 1989–2006).

Recommended:

Michael Jordan Balance Sheet

Assets:$150 Million +
Gold Reserves:$5 Million +
Luxury Cars:4 +
Luxury Watches:6 +
Stock Portfolio:$30 Million +
Luxury Yachts:3 +
Crypto Investments:$15 Million +
Investment:$500 Million +
Business Income:$150 Million +
Other Income:$50 Million +
Loans & Liabilities:$50 Million +
Annual Expense:$3 Million +
Taxes Paid:$2 Million +

Join the Discussion