How much is Michael Jordan’s net worth?
Michael Jordan is a 61 year old American former professional basketball player, Olympic athlete, actor, and businessman. As of Jan 2024, Michael Jordan’s net worth is estimated at $1.6 billion, according to Forbes Billionaires’ net worth list 2024 estimates.
| Net Worth in 2024 | $1.6 B |
| Income Source | Charlotte Hornets, Endorsements |
| Real Name | Michael Jeffrey Jordan |
| Nick Name | Michael Jordan |
| Birth Place | Brooklyn, New York, United States |
| Birthday | 17 February 1963 |
| Age/How old? | 61 years old |
| Height/How tall? | 6 feet 6 inches (1.98 m) |
| Occupation | Professional Basketball Player, Businessman |
| Sun Sign | Virgo |
| Nationality | American |
| Wife | Yvette Prieto (m. 2013), Juanita Vanoy (m. 1989–2006) |
| Children | 5 |
| Son | Jeffrey Michael Jordan, Marcus Jordan |
| Daughter | Jasmine M. Jordan, Ysabel Jordan, Victoria Jordan |
| Info Updated on | November 2024 |
He is well known for being the chairman and owner of the American professional basketball team Charlotte Hornets since 2010.
He also co-owns the American professional auto racing organization 23XI Racing, which competes in the NASCAR Cup Series.
Michael made his professional NBA debut in 1984 with Chicago Bulls. During his NBA career, he earned around $93.7 million.
Over the next few years, Jordan led Chicago Bulls to win six National Basketball Association Championships.
Moreover, he earned five times the NBA’s Most Valuable Player Award and three All-Star MVPs. Jordan also won two gold medals in the 1984 and 1992 basketball Olympics.
Aside from basketball, he receives earnings from various endorsement deals with
But how does all this fame and popularity convert into cold hard cash?
What sort of worth does this popular Athlete make?
So, let’s dive deep to find out Michael Jordan‘s net worth and how much this celebrity made his fortune.
If you don’t know then you can go through this article about Michael Jordan‘s height, net worth 2024, age, sibling, income, family, and many more.
Michael Jordan’s Net Worth:
$1.6 Billion
Michael Jordan played 15 professional basketball NBA seasons with Chicago Bulls. As of Jan 2024, he has a net worth of $1.6 billion.
Jordan is one of the greatest basketball players of all-time in NBA history.
In 2014, he became the first billionaire player in NBA history and got inducted into the FIBA Hall of Fame in 2015.
From product endorsements, he earns around $1.4 billion.
$600 million drops in Michael Jordan’s net worth in 2020.
The graph of Michael Jordan‘s Net Worth is shown below-
Michael Jordan‘s net worth 2024– $1.6 Billion – Forbes Rank #1931
| Net Worth Year | Total Income |
|---|---|
| 2020 | $2.2 Billion |
| 2019 | $1.9 Billion |
| 2018 | $1.5 Billion |
| 2017 | $1.2 Billion |
| 2016 | $1.1 Billion |
In 1984, Jordan made his professional NBA debut with Chicago Bulls as the third overall pick after Sam Bowie and Hakeem Olajuwon.
He signed a seven-year contract with the Bulls for $6 million.
While playing the first season for the team, he became the second player to score 3,000 points after Wilt Chamberlain.
Michael won six NBA Championships playing for the Bulls. Later, he agreed on an eight-year contract extension with the team for $25 million.
In 1994, he played baseball’s minor league for a short stint.
In January 2000, Jordan purchased the share of the Washington Wizards and got appointed as the president of basketball operations for the club.
After playing for the team, he announced his final retirement in 2002-2003.
According to his career stat, he scored 32,292 total points and averaged 30.12 points per game. He earned in total 93.7 million from his NBA career.
In 2006, he bought minority stakes of NBA’s Charlotte Hornets. He increased his ownership stakes to 80% in 2010, paying $175 million.
Presently, the worth of the Charlotte Hornets is around $600 million, making Michael a billionaire with valued $1.016 billion stakes.
In 2019, Jordan sold few stakes at $1.5 billion to hedge fund managers Gabe Plotkin and Daniel Sundheim.
In 1984, Jordan represented the United States basketball team in the Olympics, winning gold in Los Angeles. He won his next gold in the 1992 Olympics held in Barcelona, Spain.
Michael was born on 17th February 1963 in Brooklyn, New York, named Michael Jeffrey Jordan.
According to his date of birth, Michael Jordan is 61 years old.
He was born to Deloris and James R. Jordan Sr. His father worked as an equipment supervisor at General Electric, while his mother was a bank employee.
At the age of 5, Jordan’s family settled down in Wilmington, North Carolina.
He grew up with his four siblings; Larry Jordan, James R. Jordan Jr., Deloris, and Roslyn. Larry and James were his older brothers.
James served as Command Sergeant Major of the 35th Signal Brigade of the XVIII Airborne Corps in the U.S. Army. He got retired in 2006.
Michaels’ nephew Justin Jordan played Division I basketball at UNC Greensboro. He is now a scout for the Charlotte Hornets.
In 1993, Michael Jordan’s father got murdered. He was shot dead by two teenagers in his car in an apparent robbery.
Later, the two were life sentences for first-degree murder.
Michael Jordan attended Emsley A. Laney High School in Wilmington. At high school, he got engaged in athletic activities playing baseball, basketball, and football.
During his sophomore year, he tried out for the varsity basketball team but got rejected.
Later, Jordan joined Laney’s junior varsity team focussing on his training and game.
In the final two seasons of high school, Michael averaged more than 25 points per game.
In his senior year, he played the 1981 McDonald’s All-American Game scoring 30 points.
Moreover, In 1981, he joined the University of North Carolina (UNC) at Chapel Hill with a basketball scholarship.
Playing for UNC, Jordan got named ACC Freshman of the Year, averaging 13.5 points per game. He played the 1982 NCAA Championship and won the basket against the Georgetown Hoyas.
He completed his graduation in 1986, earning a Bachelor of Arts degree in geography.
Michael Jordan got married to Juanita Vanoy in September 1989.
Juanita is the mother of his three children Jeffrey, Marcus, and Jasmine.
The two filed for divorce in 2002. Michael’s first wife received $168 million in the divorce settlement.
After divorce, Michael started dating Cuban-American model Yvette Prieto in 2011. The two got married in April 2013 at Bethesda-by-the-sea Episcopal Church.
In February 2014, Prieto became a mother of his identical twin daughters Victoria and Ysabel.
Jordan is the father of five children.
Michael Jordan’s oldest son Jeffrey is a basketball player.
He played three seasons at the University of Illinois. Later, he got transferred to the University of Central Florida in 2010.
In 2019, Jeffrey got married to Radina Aneva. He is currently managing the Jordan brand’s digital innovation at Nike.
Aside from the above, he is also the co-founder of Heir Jordan and Jordan Avakian Group.
His second child, Marcus James Jordan, also played basketball while growing up.
He attended the University of Central Florida to complete his studies.
Nowadays, Marcus is busy managing his company, Trophy Room.
It is an online boutique that sells Jordan-based clothing. In 2019, he partnered with The Container Store to clean his collection.
Michael’s daughter Jasmine attended Syracuse University, studying sports.
She currently works for the Nike Jordan brand with her older brother Marcus.
While attending college, she met Rakeem Christmas. They both got married in 2019.
Jasmine gave birth to son Rakeem Michael Christmas in 2019, making Michael grandfather.
Michael also has twin daughters Victoria and Ysabel. They are in their growing years and live with their parents.
Do you want to know the physical appearance, height, and weight of Michael Jordan? Have a look below:
| Height | 6 feet 6 inches (1.98 m) |
| Weight | 102 kg (224 lbs) (approx.) |
| Race | Black |
| Hair Color | Bald |
| Eye Color | Brown |
One day, you might look up and see me playing the game at 50. Don’t laugh. Never say never, because limits, like fears, are often just an illusion.
Talent wins games, but teamwork and intelligence wins championships.
I can accept failure, everyone fails at something. But I can’t accept not trying.
You have to expect things of yourself before you can do them.
Michael Jordan is 61 years old recognizable face of basketball sports. He started his professional NBA career in 1984, leading the Bulls to six championships.
Jordan succeeded in his game with determination and dedication. He gave NBA 15 seasons earning in total 93.7 million.
He is also earning billions from the marketing of several products like Nike’s Air Jordans.
Additionally, he has an $18 million contract with Gatorade. As of Jan 2024, Michael Jordan has an estimated net worth of $1.6 billion.
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Michael Jeffrey Jordan born on February 17, 1963, also known as MJ, is an American former professional basketball player and businessman.
Michael Jordan was born on 17 February 1963. According to his birthday, Michael Jordan’s age is 61 years as of 2024.
Michael Jordan’s height is usually listed around 6’ 4″ – 6’ 6″.
According to Forbes Billionaires’ net worth list, 2024 and data available on the internet Michael Jordan’s net worth is estimated at $1.6 Billion.
The former professional basketball player hails from the US. He was born and raised in Brooklyn, New York.
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