Michael Jordan has one of the most luxurious retirement life. After playing for 14 years in the NBA, Michael retired with a fortune. His investments and intelligent business decisions led to a billion-dollar net worth. Jordan is the richest retired athlete on the planet, earning about $2 billion a year.
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Not only is MJ a billionaire, but he also owns the Charlotte Hornets. The list goes on when it comes to Jordan’s possessions. His lifestyle after retirement is one to be dreamt of. Being an icon, anyone would be surprised if they saw MJ hanging out with his friends on his yacht.
Michael Jordan spends his free time on his yacht
A video was shared on Instagram, showing Jordan turning down his music to talk to his fans. His yacht costs approximately $80 million. He bought the boat in 2019 and named it Joy. While the scene looks like a peaceful retirement life, it isn’t easy to achieve. A world-class athlete earns more in retirement than in his playing career.
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Michael’s properties around the world are vast, from his own restaurants to a golf course. He also has made around $1.3 billion from the Jordan brand. Though, after acquiring the majority of the Charlotte Hornets, his earnings didn’t seem to increase for a while, though his other ventures made him a fortune.
Jordan owns another boat apart from his $80M yacht
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MJ bought a fishing yacht worth $8 million named ‘Catch 23’. This fishing yacht is 80 feet long and is designed by Viking Yachts, which is a reference to their sails of the past. This just shows how vast are Michael’s interests.
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During his playing career, he would play golf every now and then. Now in his retirement, Michael has picked interest in fishing.
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There are current NBA players who might live a similar retirement life to Michael. LeBron James is one of the highest-paid athletes in the world. Like MJ, he also has a percentage in a sports team, Liverpool FC. It will be interesting to see which current players would take their financial status to the billionaire level.