Billionaire NBA Player Michael Jordan

Richest NBA player

Michael Jordan hit the pot of gold by playing basketball. He’s considered the wealthiest NBA player as of now. In fact, he’s cited and listed on the Forbes’ list as one of the world’s billionaires.

Income

Jordan goes to the basket for a score in 1997 (Creative Commons Attribution-ShareAlike License)

From ESPN through businessinsider, it is reported that Michael Jordan derives $100 m/year royalties from promoting NIKE products, besides earning a total salary of $90.2 million as an NBA player.

ESPN, Forbes via businessinsider said that in 2010, he purchased Charlotte Hornets for $275 million, which are by now worth $750 million.

Other visible money generators came from Hanes, 2KSports, and others; whose products he deals through endorsement. Basketball legend Jordan’s worth is now $1 billion thanks to the soaring value of his NBA team, the Charlotte Hornets, according to Forbes. Indeed this oasis of money coming his way adds favorably to his wonderful way of life. He earned his fortune obviously the hard way, so he’s extra careful not to squander this wealth so he’ll not go bankrupt.

Investment

From businessinsider, I obtained the fact that he owns a private jet which sports the paint Carolina blue. The airplane carries an Identification Number that includes (23) his jersey number, as well as the number (6) which signify the number of titles he has obtained.

Yahoo disclosed through businessinsider that Michael Jordan shelled out a total of $12.8 million to build his dream house in Florida After 18 months of construction, and 6 months of planning, Couple Michael Jordan and Yvette Prieto has finally moved in into their gigantic mansion within Bear’s Club in Jupiter, Palm Beach County, Florida, according to realtor Jeff Lichtenstein.

Ahead of the Jordans, other celebrities such as Rory McIlory’s and Tiger Woods have likewise established residential homes in Palm Beach, Florida.

Jordan’s new house has 18 separate roof structure, 11 bedrooms, a 2-story guard house, an athletic wing together with basketball court, and a lavish workout facility. Its huge media room is cigar or cigarette smoke-free.  The structures are within a three-acre home site in The Bear’s Club, an exclusive golf course community in Jupiter Island, Florida.

The Bear’s Club said realtor Jeff Lichtenstein, which is now home to the world’s greatest basketball player, Michael Jordan, was developed by the world’s greatest golfer, Jack Nicklaus.

A reliable info from Golf.com states that Jordan is convinced into constructing his own golf course for the reason that he’s visibly annoyed by the pace of play at his current country club.  He drives a custom golf cart with the Jumpman logo for the purpose.

Michael Jordan has bought a beautiful lakefront home in Cornelius, North Carolina for $2.8 million. This home has six bedrooms, a pool, and is surrounded by water on three sides, according to businessinsider.

It is listed in archive.constantcontact.com/ that Michael Jordan is selling his seven-acre Highland Park compound in Chicago, Illinois for $29M. The property with a 9-bedroom, 15-bathroom mansion, includes a regular basketball court. With a few exceptions, the estate completed in 1995, will be sold furnished.

MJ loves travel and when he does so, especially oversees, he enjoys the company of a security team, travelling with his secret codename Yahweh, meaning God, according to ESPN. He’s a proud owner of one of the most extravagant yachts on earth, the 154-foot megayacht which is tagged Mr.Terrible, and is available for rent.

Marital status

Jordan married Juanita Vanoy in September 1989, and they have two sons named Micheal,24, Marcus James, 22, and one daughter named Jasmine, 20, according to the Daily Mail Reporter, dated Feb. 12, 2014. The couple split in December 29, 2006.

Seeing birds flying in pairs, MJ married on April 27,  2013 a Cuban-American model Yvette Prieto, 35, who has given birth to the couple’s identical twin daughters, Victoria and Ysabel on Sunday, Feb. 8, 2015 in West Palm Beach, Florida, according to nydailynews.com/ These are Jordan’s fourth and fifth children. Jordan has three children which are cited above from his first 17-year-marriage to Juanita Vanoy.

Jordan’s roots

Michael Jeffrey Jordan was born in Brookyln, New York on February 17, 1963. He was the fourth of five children born to James and Deloris. James Jordan was a mechanic and Deloris Jordan was a bank teller.

Education

Emsley A. Laney High School, University of North Carolina at Chapel Hill, with a B.A. degree in Geography in 1985.

NBA MVP Award

Playing as guard under Chicago Bulls, Air Jordan won the NBA league most valuable player award 5 times, in 1988, 1991, 1992, 1996 and 1998, according to worldathletes.com.  For this accomplishment, he was inducted into the Naismith Memorial Basketball Hall of Fame.

nba.com shares with us more data and facts about Michael Jordan:

MICHAEL JEFFREY JORDAN

Full Name: Michael Jeffrey Jordan

Born: 2/17/63 in Brooklyn, NY

High School: Laney (Wilmington, NC)

College: North Carolina

Drafted by: Chicago Bulls, 1984 (1962)

Height: 6-6

Weight: 216 lbs.

Nickname: Air Jordan

Honors:

  • Six-time NBA champion (1991-93, 1996-98);
  • NBA MVP (1988, ’91, ’92, ’96, ’98);
  • 10-time All-NBA First Team (1987-93, 1996-98);
  • All-NBA Second Team (1985);
  • Defensive Player of the Year (1988);
  • Nine-time All-Defensive First Team (1988-93, 1996-98);
  • Rookie of the Year (1985);
  • 14-time All-Star;
  • All-Star MVP (1988, ’96, ’98);
  • One of 50 Greatest Players in NBA History (1996);
  • Two-time Olympic gold medalist (1984, ’92);
  • Basketball Hall of Fame Class of 2009.

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