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Michael Jordan Net Worth

Michael Jordan was born on February 17, 1963 and given the name Michael Jeffrey Jordan in Brooklyn, New York. He is the fourth oldest of five kids, he has two brothers and two sisters. Michael Jordan has a net worth of $1.1 billion. He is an entrepreneur and former basketball player.

Michael Jordan Net Worth - $ 1.1 Billion

Birth Name - Michael Jeffrey Jordan [AKA: His Airness, Air Jordan, MJ]
Date of birth - February 17, 1963
Zodiac Sign - Aquarius
Birth Place - Brooklyn, New York
Nationality - American
Height - 6' 6"
Profession - Entrepreneur, Basketball player, Spokesperson

As a basketball player, he has won four gold medals in the Olympic Games as a member of Team USA, and has led the Chicago Bulls to six championships; he has won five NBA Most Valuable Player, Jordan was voted rookie of the year in 1985, and he is a fourteen time NBA All-Star. He was also the Finals MVP all six times the Bulls won their championships. Jordan led the Bulls to an NBA best 72 win season in the 1995-1996 season; they followed that up by winning 69 games the next year.

Both seasons they won the championship. He also won the NCAA national championship as a member of the 1982 Tar Heels basketball team. Jordan is one of the few to win a championship in the NBA, a championship in the NCAA, and Olympic gold. Bottom line, he is also the most decorated player ever to play basketball. Most believe that he is not just the greatest to play basketball, but one of the best athletes to ever play sports.

The bulk of his net worth comes from endorsement deals and his very popular Air Jordan shoe line that makes eight times the sales of current basketball players. When Jordan first signed with Nike in the 1980s, the previous record for a show endorsement was $150,000; Jordan would break this record by $6.85 million. This includes the royalties involved over all five years of the contract that he signed; which added to the $500,000 he was going to receive each year up front. The line accounts for 58% of basketball shoe sales today.

He also has endorsements with Coca-Cola, McDonald's, and Gatorade. He was also in "Space Jam", a Looney Tunes film that also starred Bugs Bunny. As a basketball player, Jordan earned a total of $94 million in his fifteen years with the Bulls and Wizards. He made a record breaking $33.14 million in his final season with the Bulls in the 1997-1998 season. His second to last season he made $30.14 million.

After his retirement from basketball, he has owned at least some part of the Charlotte Bobcats (and later the Hornets). Jordan also holds the title of "Managing Member of Basketball Operations". At first he owned only a small share, but has bought more and more into the franchise and currently owns 89.5% of the team.

His number 23 was retired by the Miami Heat (whom he never played for), University of North Carolina, and Chicago Bulls. He was also voted to the NBA's 50th Anniversary All-Time Team. He was 1988's Defensive Player of the Year and is a nine time defensive first team (1988-1993, 1996-1998). Jordan also holds the record most points in a playoff game: 63, the Bulls lost that game to the Boston Celtics. He is also the first NBA player to be a billionaire.

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