Michael Jordan’s Lavish Lifestyle: Exploring His Family and How He Spends as a Billionaire Basketball Player ‎

Basketball legend Michael Jordan is the first athlete in the world to become a billionaire. Forbes estimates his fortune to be worth $1.9 billion.

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Retired for a long time, but Michael Jordan still earns more money than today’s basketball stars like  LeBron James, Stephen Curry, or Kevin Durant. As of 2015, royalties on Nike alone paid him $100 million a year. Photo:  AP.
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His fortune now comes mainly from the Jordan brand and the Charlotte Hornets basketball team. Photo:  AP.
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He bought the Charlotte Hornets in 2010 for $175 million. In 2014, Michael Jordan officially became a billionaire when his football team’s value increased rapidly. Currently,  Charlotte Hornets is valued at more than  1.3 billion USD and Jordan holds 97% of the shares. Photo:  AP.

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According to Forbes, Michael Jordan was the 455th man in the US in 2018 and the most action-packed former professional athlete. Photo:  Getty.
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Nike boss Phil Knight says signing Michael Jordan in 1984 was the best decision he ever made. The Jordan brand alone brings in more than $3 billion in annual revenue for Nike. Photo:  AP.

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Early in his career, Michael Jordan signed advertising contracts with a number of different brands. Photo:  Allsport.

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He owns several restaurants in Florida, Connecticut, Washington and Illinois. Photo:  Yelp.

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The basketball legend also has his own Nissan dealership in Durham, North Carolina. Photo:  Google Map.

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Michael Jordan has a private jet with numbers and images familiar to his basketball career. Photo:  ESPN.

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He recently bought a golf course in Florida and plans to open it this year. Photo:  Getty.

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Like other billionaires, Michael Jordan owns many important real estates such as a mansion   12.8 million USD in Florida, a mansion 2.8 million USD in North Carolina and a villa complex 14.9 million USD   in to the city of Chicago, Illinois. Photo:  Washington Post.

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In 2016, he won a lawsuit against a Chinese company for infringing Jordan’s image copyright. He donated the winnings to 23 charities for children in the city of Chicago. In 2018, he donated 2 million USD to deal with the aftermath of Hurricane Florence. Photo:  AP.

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In 2006, Michael Jordan spent up to  168 million USD to agree to marry his first wife Juanita Vanoy. Photo:   Reuters.

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Besides basketball, Michael Jordan also invests in the Miami Marlins football club and several Silicon Valley startups. Photo:  AP.

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Whenever he travels abroad, Michael Jordan spends from  1,000 USD to  1,500 USD per hour to hire an accompanying bodyguard. Photo:  AP.

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The first cars Jordan bought came from Mercedes and Pontiacs. Since his rise to fame, he is said to have owned many cars, from Land Rover to Ferrari. Photo: Shutterstoc

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