Just How Rich Is Michael Jordan?

Photo: James Willamor/Flickr/Creative Commons

Earlier this year, Michael Jordan became a billionaire—the 513th richest person in the United States, according the Forbes. In an attempt to enumerate his massive wealth, Business Insider recently dug into some of the crazier things he spends his money on. What they found may come as no surprise: huge mansions, giant yachts and other splashy outlets for paycheques that render him the richest NBA player alive, even when compared to active players like Kobe Bryant. We dug even deeper. Here are all the reasons why MJ is worth a whopping $90 million. It’s good to be like Mike.

Real estate
As they say, the only way to strike it rich is by owning real estate—and Jordan has plenty to spare. One of his more famous abodes is a mansion in Highland Park, Illinois, just out of Chicago. According to Business Insider, he was originally selling the 32,683-square-foot property for $21 million, but has since marked it down to $16 million after a failed auction attempt. He also owns a $2.8-million house near Charlotte, North Carolina. His current living situation is a $12.8-million South Florida mansion believed to be the region’s largest. He recently built an addition increasing its floorspace to 40,000 square feet.

Jordan’s exotic automobile collection is damn near legendary. Although Complex reports him driving around a 2006 Cadillac XLR-V, he’s also got a few mind-numbingly expensive rides in his garage. BoldRide.com has him behind the wheel of a Chevrolet Corvette ZR1 40th Anniversary Edition, Mercedes-Benz SLR McLaren 722 Edition, Aston Martin DB9 Volante, Ferrari GTB Fiorano, Aston Martin DB7 Volante, Ferrari 512 TR and a Mercedes-Benz SL 55 AMG—to name only a few of the cars be probably has stashed around the world.

Luxury craft
MJ knows how to get around in style. He has a private jet plane he has painted Carolina blue, the colour of his alma mater; a custom golf cart (also painted Carolina blue, it appears); and a 154-foot, Art Deco-style megayacht known Mr. Terrible. (We’ve written about it before, in fact.)

His wrist game is just as high-end. Jordan’s luxury timepiece collection includes several beauts, according to Monochrome Watches—a Ulysse Nardin Sonata, Richard Mille RM032, Jaquet Droz Grande Seconde Ceramic, Rolex Daytona platinum, URWERK UR-203 and a
URWERK UR103, to name a few.


His Airness’ business acumen is as celebrated a his game on the court. He currently owns five restaurants, including eponymous steakhouses in Chicago and New York, plus a car dealership in North Carolina. His most famous business deal, however, is purchasing the then-Charlotte Bobcats for $275 million in 2010. The team, now dubbed the Charlotte Hornets, is worth $750 million. Jordan’s stake in the team is worth $500 million, according to Forbes. Business Times also notes that he’s planning on building his very own golf course—we’ll chalk that up to a business venture as well.
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