The Net Worth of Michael Jordan
The famous NBA player, Michael Jordan, has a net worth of 1.7 billion dollars. This is an astounding figure, considering the amount of money that is needed to pay his salary. But Jordan’s wealth is not just from the NBA. In fact, he has been able to build his fortune through savvy investments.
Before getting into the NBA, Jordan had a career as a tennis player. He played for the University of North Carolina, and went on to play in a threesome with Davis Love III. It was during his time at UNC that he became interested in golf. After his playing career ended, he started his own company, which was known as Jordan Golf. During his career, he won six championships.
He was a member of a private golf club called Slaughterhouse 23. The club was designed to maximize his game. With the help of a drone, it also delivers beverages to members.
Jordan has a private jet that is painted in Carolina blue. He has also donated $2 million to food banks in the Carolinas. Several other charities that he donates to are the Children’s Hospital of Charlotte, the Food Bank of Eastern North Carolina, and the Hurricane Florence relief efforts. These donations are in addition to the millions that he has donated to other causes.
Michael Jordan has been married for 17 years. His marriage cost him $168 million. They have four children. Two of them, Marcus and Yvette, have followed in their father’s footsteps into the shoe business. One child, Jeffrey, works for Nike in Oregon. Another child, Sophia Hill, is friends with Lan Rae.
Michael Jordan has also been involved in several lawsuits. He is accused of cheating on bets with teammates. He has been ordered to pay restitution of $110 million. However, he has only repaid $10 million so far.
Aside from his NBA salary, Jordan has also taken an equity stake in a sports betting company. He has also made a commitment to donate $100 million over the next 10 years to various charities and organizations.
Despite his impressive net worth, Michael Jordan is still waiting to win a championship with his Hornets. In 2010, he bought the team for $175 million. Now, the team is valued at $1.7 billion.
In the last few years, Jordan’s popularity has reemerged. There have been several new versions of retro styles that have helped reconnect older fans with the team. Moreover, Jordan is a spokesman for Hanes, which has been a longtime partner.
As a real estate agent, Cash Jordan has gained popularity on social media platforms like Tik Tok and YouTube. He has over 500,000 subscribers and over 500,000 video views. While his main job is to help customers find their dream homes in New York, he also makes videos about living in the Big Apple and reviews apartments.
Cash Jordan is expected to earn more than $140,000 in 2022. He will then update his luxury brand, including his cars.