How much is Michael Jordan worth:
- Full Name: Michael Jeffrey Jordan
- Net Worth: $1 Billion
- Occupation: former professional basketball player, actor, spokesman, business man, actor
- Marital Status: married
- Ethnicity: American
Michael Jordan Net Worth – Richest Guy, Greatest Player, What Else?
Michael Jordan net worth is a stunning figure of $1 billion. As a former NBA player and Most Valuable Player, Michael Jordan knows what it takes to be on top of the game. The net worth of Michael Jordan may not be obtained in the court, but after the endorsements and business ventures, he knows how to handle the fame so well. Earning up to a hundred million annually, his salary reaches $60 million just for the royalty he gets from Nike Air Jordan. During his time in the game, he already earned $30 million annually. That this salary is not the sole income after starring successfully as himself in Space Jam in 1996, he got another big cash in his pocket. He also owns the Charlotte Bobcats NBA franchise. The Chicago Bulls player is entitled to 6 times championship. Not to mention, 5 time as MVP with scoring records as the highest of all time. He managed to get his name at Hall of Fame in 2009.
The Impressive Net Worth Michael Jordan
Taking back during the time as a spokesman, Jordan has been dealing contracts with some franchise kings like Gatorade, wheaties, Coca Cola, Nike and McDonald. Not to mention Hanes and Chevrolet. He was one of the largest shoe endorser after James Worthy. Nike paid him $500,000 annually for shoes endorsement and he also gets stocks for compensation with more than $7 million in 5 years! The funny thing is that Michael Jordan never wore a pair of Nike when playing. Instead, he chose Adidas which then become a violation of uniformity.
In the end, Nike had to pay the fines but it did boost the shoes sales somehow after a month later with the 2 million of pairs being sold out. The revenue was impressive though that during the first year of sales, the company managed to earn $100 million. Thanks to Michael Jordan! The shoes sales go crazy up to this day with the sales of more than $2.5 billion.
In 2014, Michael Jordan increased his earning by taking the ownership of Bobcats. He bought the stocks from Robert Johnson, BET Founder, for $175 million. The estimation worth $600 million with a rough net worth of him around $1 billion. This is quite an impressive stuff for him as he is no longer in the game but rather, taking a step backward but getting richer with the Air Jordan shoes sales and stock ownerships.
How much is Michael Jordan worth? Watch how much he paid the divorce settlement!
A divorce seemed to take some of his fortune. The 13 year wife he had been married with filed a divorce. It cost him $168 million for the settlement – making it the most expensive of all time in settlement history. That includes the 7 acre of mansion in suburban Chicago. Now, Michael Jordan is married to Yvette Jordan who gave birth to 2 children. Michael Jordan wife is living a happy life in lavish Michael Jordan house.
What do you think about Michael Jordan? Is he a great entrepreneur or do you think he is better in the court? What about his love life and his fancy of cars?
Michael Jordan Body Statistics:
- Bra Size:
- Height: 6ft 5in or 196 cm
- Weight: 216 lbs
- Shoe Size: 13
- Dress Size: 14
- Hair Color: black
- Eye Color: black