There is no doubt that the best NBA player in the world is Michael Jordan. The basketball player is a billionaire with a net worth of $1.6 billion (May 2021), making him one of the richest African-Americans.
Born in Brooklyn, New York, he attended the University of North Carolina. Here he began playing as a freshman in coach Dean Smith’s team-oriented system.
Also, in the NCAA Championship against Georgetown, MJ (his starter) hit a game-winning shot. This shot was responsible for a major turning point in his basketball career.
Currently, he is an American businessman and former professional basketball player. As of now, Michael is the owner of the Charlotte Hornets, a professional basketball team.
Michael Jordan’s Net Worth And Income
Jordan, a former professional basketball player, made around $90 million in his entire career. He is also the owner of the Charlotte Hornets and owns a significant portion of his personal brand under Nike, the Jordan brand.
In addition, Michael also earned 1.8 billion dollars (excluding tax) for cooperating with Nike, Hanes, Coca-Cola, McDonald’s, Gatorade, etc.
Among them, Nike is Jordan’s biggest source of income. The Air Jordan XXXIV basketball shoe produced by Nike is still used by various NBA players.
As of March 2015, his net worth was $1.5 billion. This value further increased to $1.8 billion in March 2019.
Later, his net worth increased to $2.1 billion in April 2020. Recently, however, the six-time NBA champion lost around $500 million in some strange way.
Michael Jordan Net Worth: House And Mansions
When it comes to the house, Jordan is a lover of them. He is passionate about mansions, and properties and owns a good number of them.
Micheal owns 5 houses in various states of America. These locations include two in North Carolina, one in Florida, one in Illinois, and one in Utah.
Additionally, he bought the lakefront home in North Carolina in 2013 for $4.8 million in Charlotte’s name. The house has six bedrooms.
Property of North Carolina
Similarly, another property in North Carolina, the entire 7th floor of the luxurious Trusted Condominiums. The house in Florida is on a golf course for $4.8 million.
It was later renovated at a cost of $7.8 million. Also, the hillside house in Utah was bought for $7.9 million in the year 2007.
Also, the mansion includes 5 rooms, waterfalls, a theater with stadium seats, an infinity pool, and many more.
The Illinois property, with 9 bedrooms, a pool, and a court, is currently for sale for $14.8 million.
Michael Jordan: Cars
The American player is respected around the world and is considered the best NBA player of all time. This amazing player has an impressive collection of sports and luxury cars. Let’s start with some of his favorites.
C4 Corvettes collection
First of all, Michael’s favorite is the C4 Corvettes collection. These types of cars are very elegant and classy. He owns Chevrolet Corvette C4 and Chevrolet Corvette ZRA 40th Anniversary Edition.
Next, the basketball player drives the Porsche 993 Turbo S of the 993 generations, an elite sports car.
Bugatti type 57S Atlantic
Apart from this, the super gamer also owns a precious car, the Bugatti Type 57S Atlantic. This car is rare.
So far, only four of them have been produced, selling for $30 million each. Also, the features of this expensive car come with speeds of 253 mph and a speed of 60 mph.
Big boys and their big toys
Apart from this, there are also many other cars. Some of them are Toyota Land Cruiser J80, Ferrari 512TR, Mercedes W140 S600 Coupé, Aston Martin DB7 Volante, and Bentley Continental GT.
The collection doesn’t end there, his garage is full of Cadillac XLR-V, McLaren-Mercedes SLR 722, Bugatti Veyron Sang Noir, and 23XI Racing Toyota.
Michael Jordan: Lifestyle And Vacation
The NBA player mainly uses the money to buy real estate and cars for his collection. He also owns a Gulfstream G550, a private jet, and a private yacht with multiple cabins and a basketball court.
It is also reported that the cost of his security team is approximately $1000 per hour to keep him safe. Likewise, Jordan also spends much of his fortune on golf and gambling.
Michael Jordan Net Worth: Charities
The NBA player is one of the top contributors to various organizations. In all, there are about 15 foundations that Jordan supports with his helping hand.
These organizations are Boys & Girls Clubs of America, Buoniconti Fund to Cure Paralysis, CharitaBulls Cat Care, Jackie Robinson Foundation, James R. Jordan Foundation, Kids Wish Network, and LIVESTRONG, to name a few.
In addition to this, there are also other foundations such as the Make-A-Wish Foundation, Cancer Institute of Nevada, Town of Opportunities, Special Olympics, St. Jude Children’s Research Hospital, The Miami Project, and United Black University Fund.
As recently as February 16, 2021, the basketball player contributed nearly $10 million to open two medical clinics in the southeastern part of North Carolina.
These clinics are designed to provide good care, behavior, and social support services to vulnerable areas of North Carolina.
Make-A-Wish foundation
Jordan is also the chief Wish ambassador for the Make-A-Wish foundation. He has been contributing to this organization since 1989.
Since then, he has been an inspiration to everyone around the world. So far, the star has donated $5 million or more to the children.
Michael Jordan handing the check from Make a Wish to a child
The foundation’s executive director, Richard Davis, said:
Supporters like Michael Jordan are essential in helping Make-A-Wish continue to grant life-changing wishes for critically ill children.
Not to mention, they also thanked the NBA star for his commitment.
We appreciate Jordan’s commitment to granting wishes and providing the necessary resources to grant more wishes.
In addition to these contributions, Jordan has also hosted an annual charity golf event that invites celebrities such as Wayne Gretzky, Michael Phelps, Chevy Chase, and many others.
Similarly, the money from the proceeds was used for foundations including Make-A-Wish, Cats Care, Keep Memory Alive, etc.
Covid-19 charity
During the Covid-19 situation, many billionaires, activists, and philanthropists extended their helping hand to hospitals and people in need.
Like the others, Michael has also given some help to the people of North Carolina. Previously, he donated $7 million towards the development of two family clinics in Charlotte.
According to Novant Health sources, the Jordan clinics have managed to serve 4,000 patients during this ongoing crisis. In addition, it has also provided 1,000 COVID-19 vaccines.
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