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Michael Jordan Net Worth 2018 | Salary | House & Cars

$ 1.65 Billion

Michael B. Jordan is popularly known as MJ, He is an American retired professional basketball player, businessman, and chairman of the Charlotte Hornets of the National Basketball Association (NBA). As of now, Michael Jordan Net Worth is $1.65 Billion. He won the NBA’s Most Valuable Player Award five times. Even though MJ has not played in over a decade, he managed to earn an estimated $80-100 million per year from endorsements and various other business ventures.

Check out the below article to know the complete information regarding Michael Jordan Networth 2018 in dollars, His Salary, Houses, Cars, Endorsements, and his other Investments details. Also Check, How Much is James Harden and Lavar Ball Worth?

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Michael Jordan Net Worth 2018

Michael Jordan is a former American basketball player and entrepreneur who has a net worth of $1.65 billion. Even though Michael has not played professionally in over a decade, he still earns an estimated $80-100 million per year from endorsements and various other business ventures.

Michael earns $60 million every year from Nike/Jordan brand royalties alone. He earned $93 million as a salary at the time of playing with Chicago Bulls.

He paid $168 million as a divorce settlement to his wife Juanita Jordan in 2002. It was one of the most expensive divorces in history and included the couple’s $29 million, seven acres suburban Chicago mansion.

Jordan’s career earnings of $1.65 billion made him the highest-paid athlete of all time.

Michael Jordan Endorsements

Michael B. Jordan has made some lucrative deals with international brands like Nike, Gatorade, Wheaties, McDonald’s, Coca-Cola, Chevrolet, Ball Park Franks, Rayovac, Hanes, and MCI.

Perhaps most famous is his hugely lucrative endorsement deal with Nike that led to the creation of the iconic Air Jordan trainers – according to Forbes magazine, Brand Jordan remains a $1 billion sales business for the sports manufacturer.

Jordan also received Nike stock options which brought his total compensation to $7 million over five years.

Michael Jordan Salary Per Year

Career: $93.7 million

  • 84-85 Chicago Bulls $550,000
  • 85-86 Chicago Bulls $630,000
  • 86-87 Chicago Bulls $737,500
  • 87-88 Chicago Bulls $845,000
  • 88-89 Chicago Bulls $2 million
  • 89-90 Chicago Bulls $2.25 million
  • 90-91 Chicago Bulls $2.5 million
  • 91-92 Chicago Bulls $3.25 million
  • 92-93 Chicago Bulls $4 million
  • 93-94 Chicago Bulls $4 million
  • 94-95 Chicago Bulls $3.85 million
  • 95-96 Chicago Bulls $3.85 million
  • 96-97 Chicago Bulls $30.14 million
  • 97-98 Chicago Bulls $33.14 million
  • 01-02 Washington Wizards $1 million
  • 02-03 Washington Wizards $1.03 million

Michael Jordan Earnings overview: 

  • EARNINGS 2015 – $110 Million
  • EARNINGS 2014 – $100 Million
  • EARNINGS 2009 – $55 Million
  • EARNINGS 2008 – $45 Million
  • EARNINGS 2007 – $45 Thousand
  • EARNINGS 2006 – $31 Million
  • EARNINGS 2005 – $32 Million
  • EARNINGS 2004 – $33 Million
  • EARNINGS 2003 – $35 Million

Michael B. Jordan Earnings Overview

Year Earnings Description
2015  $110 Million  —
2014  $416,000,000  Value of his 89% Stake in the Charlotte Bobcats in 2014, finally making him a Billionaire
2013  $252,000,000  Value of his 80% Stake in the Charlotte Bobcats (as of January 2013)
2013  $80,000,000  Earnings from Endorsements with Nike, Gatorade, Hanes, Upper Deck, 2K Sports, Presbyterian Healthcare and Five Star Fragrances.
2009 $55 Million  —
2008 $45 Million  —
2007 $110,000,000  An endorsement deal with Nike
 2006 $31 Million  —
2005 $32 Million  —

Michael B. Jordan House

He spent $12.8 million building his dream house in Florida

He spent $12.8 million building his dream house in Florida, and it's almost finished

He recently dropped $2.8 million on an AWESOME house near Charlotte, so he can be around his team

He recently dropped $2.8 million on an AWESOME house near Charlotte, so he can be around his team

He’s frugal with his real estate, though. He sold his lavish Chicago mansion for $29 million

Grand Entrance

Water Feature

Michael Jordan Cars Collection:

1 Chevrolet C4 Corvette

Source: Chevrolet

2 Ferrari 512 TR

Source: Ferrari

3 Porsche 911

Source: Porsche

4 Toyota Land Cruiser

5 Aston Martin DB7 Volante

Source: Aston Martin

6 Mercedes-McLaren SLR 722 Edition

Source: Mercedes-Benz

7 Ferrari 599 GTB Fiorano

8 Gulfstream IV

9 Range Rover – ($83,495-186,495)

Private Jet:

He has a private jet. It’s painted Carolina blue, and the ID number contains his jersey number (23) and number of titles (6)

He has a private jet. It's painted Carolina blue, and the ID number contains his jersey number (23) and number of titles (6)

Yacht:

He rents out this 154-foot megayacht called Mr. Terrible

He rents out this 154-foot megayacht called Mr. Terrible

Michael Jordan Biography | Wiki

Early Life

Michael Jordan born as Michael Jeffrey Jordan on February 17, 1963, in Brooklyn, New York to the parents of Deloris and James R. Jordan Sr. At his very young age, his family moved to Wilmington, North Carolina.

He grew up with his four siblings (two brothers, Larry Jordan, and James R. Jordan, Jr., and two sisters Deloris and Roslyn). He attended Emsley A. Laney High School in Wilmington.

In 1981, Jordan enrolled at the University of North Carolina at Chapel Hill and soon became an important member of the school’s basketball team.

Career

Jordan left college after his junior year to join the NBA. In 1984 he was drafted by the Chicago Bulls, and in his first season, he helped the team make the playoffs. For his performance, Jordan received the NBA Rookie of the Year Award and was selected for the All-Star Game.

Jordan made his first appearance at the Olympic Games in 1984 as a member of the U.S. Olympic basketball team. The team won the gold at the games that year. Jordan later helped the American team bring home the gold medal at the 1992 Olympic Games.

His big break in the basketball was during the 1986-1987 season. He scored more than 3000 points in a single season.

Chicago Bulls won the first NBA championship in 1991, the second championship in 1992 and third championship in the following year.

He took a break from the 1993-1994 season and returned to the basketball court in March 1995. Upon his return he came back stronger, averaging 30.4 points that season.

Retiring after the 1997-98 season, Jordan joined the Washington Wizards as a part owner and as president of basketball operations.

Throughout her entire professional career, Jordan has been a six-time NBA Finals MVP, a five-time NBA Most Valuable Player, a 14-time NBA All-Star, and a six-time NBA champion. In 2016, Jordan was presented with a Presidential Medal of Freedom honor by Barack Obama.

Personal Life

Michael Jordan married Juanita Vanoy in 1989. And the couple had three children Jeffrey, Marcus, and Jasmine. In December 2006 the couple got divorced.

Jordan married Cuban-American model Yvette Prieto in Palm Beach, Florida on April 27, 2013. Celebrities like Tiger Woods, Spike Lee, Patrick Ewing, and others have attended the event. The couple welcomed twin daughters, Victoria and Ysabel, in February 2014.

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Quick Facts about Michael B. Jordan:

Birthdate: February 17, 1963
Birthplace: Brooklyn, New York City, New York, United States
Height: 6 ft 5 in (1.98 m)
Weight: 216 lbs (98 kg)
Profession: Basketball player, Athlete, Spokesperson, Entrepreneur, Actor, Businessman
Education: North Carolina University
Nationality: American
Spouse: Yvette Prieto (m. 2013), Juanita Vanoy (m. 1989–2006)
Children: Marcus Jordan, Jeffrey Michael Jordan, Jasmine Mickael Jordan, Ysabel Jordan, Victoria Jordan
Parents: Deloris Peoples, James R. Jordan, Sr.
Awards: 6× NBA champion (1991–1993 (1991–1993), 1996–1998), 6× NBA Finals MVP (1991–1993 (1991–1993), 1996–1998), 5× NBA Most Valuable Player (1988 (1988), 1991, 1992, 1996, 1998), 14× NBA All-Star (1985–1993 (1985–1993), 1996–1998, 2002, 2003), Two-time Olympic Gold Medal winner – 1984, 1992

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