Michael Jordan 2022: Net Worth, Family, Income
According to multiple sources including Forbes, Michael Jordan’s net worth is approximately $1.7 billion. Jordan was the first NBA player to reach billionaire status, a list that now includes LeBron James. Jordan made $93 million in NBA contracts over the course of his career with the Chicago Bulls and Washington Wizards. His natural source of income has been endorsements, being the owner of the Charlotte Hornets, and shoes and clothing with the Jordan Brand.
His value continues to steadily increase as he remains the Charlotte Hornets owner and his Jordan Brand is one of the most recognizable brands in the world. Jordan continues to make more money from his shoes and clothing brand annually than any amount he made for a contract in the NBA.
Michael Jordan was born in Fort Greene, Brooklyn to parents James and Deloris Jordan. Jordan then moved to North Carolina while still very young which is where he would attend college at The University Of North Carolina. Jordan would marry his first wife, Juanita Vanoy in 1989 and they would stay married until 2006. The couple had 2 sons named Marcus James and Jeffrey Michael and also a daughter they named Jasmine.
Michael and Juanita divorced in 2006 with Michael paying out a large lump sum of $168 million in alimony. Jordan was remarried in April of 2013 to his current wife, Yvette Prieto. Jordan and his second wife have been blessed with two children as well, twin daughters Ysabel and Victoria.
Michael Jordan is the richest athlete in the world. He got to hold this title by being the very best basketball player and the most recognizable face on the planet. He earned $93 million as a basketball player but his wealth has only increased since his career came to an end. He also owns a large portion of the brand he helped develop through Nike, the Jordan Brand.
Jordan has also made over $1.0 billion in endorsements alone. Throughout the years, Jordan has been in hundreds of commercials for Gatorade, Hanes, Nike, McDonald’s, and Chevrolet. On top of all of this, Michael Jordan is also the majority owner of the Charlotte Hornets. Tickets, merchandise, and much more have helped Jordan to develop a net worth of over $2.0 billion.
As much as he has achieved fiscally during his life, Michael Jordan also owns many basketball records as well. Jordan is widely considered the greatest basketball player to ever live and he got this title by making it to 6 NBA Finals and winning all 6 championships while being named the Finals MVP all 6 times. He currently owns the record for most career PPG with 30.1 PPG in the regular season and 33.4 PPG in the playoffs.
It is no secret that Micahel Jordan’s best attribute during his career was scoring the basketball. He has won an NBA record 10 scoring titles and has led the NBA in total points 11 times. He had an NBA record of 563 games with over 30 points during his career and also holds the record for most points scored in a playoff game with 63. A few of his records have fallen over the years but some may never be touched.
Michael Jordan began his NBA career in 1984 with the Chicago Bulls. As much effort as he had given on the floor, Jordan would not become an NBA champion until 1991. He then proceeded to three-peat with the Chicago Bulls from 1991 through 1993. He retired for almost 2 seasons in 1994 and 1995 until he came and three-peated once more from 1996 through 1998. Many NBA legends were left without a championship because of Jordan’s excellence.
With so much excellence in his career, Jordan received many awards and accolades. He has won 6 Finals MVP awards, 5 MVP awards, 14 All-Star selections, 11 All-NBA Team selections, 1 Defensive Player of the Year, and 9 All-Defensive Team selections, among many other awards and accomplishments. He also won 2 gold medals with the U.S. Men’s Basketball in 1984 and 1992 and a gold medal at the Pan American Games in 1983.
Foundation And Charity
As much money as Michael Jordan makes, he also likes to give back to his community and those who are less fortunate. He has worked with the Make-A-Wish foundation since he entered the NBA in 1984 and a host of other charities on a daily basis. That list includes the Boys and Girls Culb of America, Cats Care, CharitaBulls, Jackie Robinson Foundation, LIVESTRONG, St. Jude’s Children's Research Hospital, the Special Olympics, and much more
Jordan also founded a foundation in 1995 after his late father, James Jordan was murdered. The James R. Jordan Foundation is located in Chicago and helps students and families who need to pay bills or need supplies for school to take care of those issues. In 2001, Jordan donated his entire salary with the Washington Wizards to the 9/11 relief efforts.
Michael Jordan Birthday And Personal Information
Weight 216 lbs.
Age: 59 years old
Marital Status: Married (Yvette Prieto)
Residency: Charlotte, North Carolina
Annual Salary: $43 million
Net Worth: $1.7 Billion
Birthday: February 17, 1963
Endorsements: Nike, Gatorade, Hanes, Chevrolet, McDonald’s