Michael Jordan Net Worth 2023

Michael Jordan Net Worth and Know about his Personal life

Net Worth
Birth17 February 1963
Birth NameMichael Jeffery Jordan
Birth PlaceBrooklyn, New York, U.S.
OccupationProfessional NBA Player, Entrepreneur
Source Of WealthCharlotte Hornets, Endorsement, Business
CitizenshipUnited States
Marital StatusMarried


Michael Jeffery Jordan is an American businessman, former basketball player, entrepreneur, and team owner. He is known as M.J. He is considered one of the greatest players of the century in the history of games. He is a national basketball player and played for fifteen seasons in National Basketball Association. Jordan is the owner of the Charlotte Hornets of the NBA. To know Michael Jordan net worth, Early life, and Successful Career read more.

Jordan is also famous for his endorsements of Nike’s Air Jordan and the movie The Space Jam. Jordan is also considered the most outstanding player in North America of the 20th century. Michael Jordan won six titles with Chicago Bulls. He is also co-owner of the NASCAR team. Presidential Medal Of Freedom was awarded to him by President Barack Obama. In 1993, Jordan retired for a short period. He pursued his career in Baseball. Jordan returned to basketball in 1995. He is the most recognizable person in sports on this planet.

What is Michael Jordan Net Worth:

The net worth of Michael Jordan in 2023 is estimated to be U.S. $1.7 Billion. In 1916, he was the first NBA player to become a billionaire. He spends his income on a luxury lifestyle and for philanthropic purposes. Many celebrities hide their net worth but show his Michael Jordan was also famous for his luxurious lifestyle

Source Of Income:

Jordan made his primary income from NBA contracts. He earns U.S. $100 million from these contracts. Other sources of income are brand endorsements and business. He is making U.S. $ 100 million per year from Nike Royalties.


Jordan spends most of his earnings on philanthropic purposes. He has donated U.S. $2 million to Feeding America’s food banks in Chicago and Carolinas. Jordan also donated money to organizations that worked against racism. He also launched two medical clinics in North Carolina.

Early Life:

Michael Jeffery Jordan was born in Fort Greene, Brooklyn, New York City, on February 17, 1963. His mother, Deloris, was a bank employee, and his father, James R. Jordan Sr., was an equipment supervisor. He moved to North Carolina with his family in 1968.


Jordan attended Emsley A. Laney High School. He starts his athletic career by playing basketball, Baseball, and football. Jordan became the star player of Laney’s junior varsity team. Jordan joined numerous college basketball programs in North Carolina, South Carolina, Duke, and Virginia. In 1981, he accepted a scholarship from the University Of South Carolina. He graduated with a degree of Bachelor Of Arts in cultural geography in 1986.


Jordan led the U.S. basketball team to Olympic gold medals in 1984 in Los Angeles and 1992 in Barcelona, Spain. Jordan was named to the ACC 50th Anniversary men’s basketball team for honoring the 50 greatest players in ACC history. Chicago Bulls drafted him in 1984. Jordan made his debut at Chicago Stadium on October 26, 1984, and scored 16 points.

Michael Jordan Achivments

Michael Jordan received numerous awards and honors. Some of his most notable awards include:

  1. Five NBA Most Valuable Player (MVP) awards
  2. Six NBA championships
  3. Two Olympic gold medals
  4. Two Olympic All-Tournament Teams
  5. Two All-Star Game MVP awards
  6. Ten NBA scoring titles
  7. Induction into the Naismith Memorial Basketball Hall of Fame

First Retirement:

Jordan retired and came back to NBA twice. He announced his first retirement on October 6, 1993, to play minor league baseball. Jordan had signed a contract with the Chicago White Sox on February 7, 1994. He said that he had lost the desire to play basketball.

Second Retirement:

Jordan retired for the second time on January 13, 1999. In 2000, he returned to NBA but not as a player. He became the owner and president of basketball operations for the Washington Wizards. He made a comeback as a player and played two seasons for Washington Wizards in 2001.

Final Retirement:

Jordan played his last NBA game on April 16, 2003, in Philadelphia. He received a three-minute standing ovation from his teammates, opponents, officials of the NBA, and his million followers.

Post-Retirement Activities:

After his final retirement, Jordan assumed that he would be able to return to his position at Washington Wizards. But he was fired by Wizard’s owner Abe Pollin on May 7, 2003.

He keeps himself busy with various activities. He played golf in charity tournaments.

Jordan spent his time with his family in Chicago. He also promoted his Jordan Brand clothing. Jordan also owns Michael Jordan Motorsports.

Jordan’s Family:

Jordan married Juanita Vanoy on September 2, 1989, in a wedding chapel in Las Vegas, Nevada. The couple had two sons, Jeffery and Marcus, and a daughter, Jasmine. The couple filed a divorce on January 4, 2002, but later reconciled. They filed a divorce again, and their marriage dissolved on December 29, 2006.

Jordan proposed to his girlfriend, an American model named Yvette Prieto, on December 25, 2011. The couple married on April 27, 2013. They had twin daughters, Victoria and Ysabel, on February 11, 2014. Jordan became a grandfather in 2019 when his daughter Jasmine gave birth to a son.

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