How Ace Businessman Michael Jordan, Who Owns 3 Sports Teams, Splashed Nearly $150 Million on 3 Vehicles

Michael Jordan and greatness go hand in hand. The Chicago Bulls legend won six NBA titles during his time in the league alongside numerous other accolades. 

Safe to say, Jordan is a born winner. Apart from his accomplishments on the basketball court, he found successes outside of it. His signature ‘Jordan’ brand is one of the most famous sneaker brands in the world which rakes in a huge chunk of his income.

Moreover, he has stakes in three teams belonging to three different sports. Thanks to smart investments such as these, Jordan has a huge net worth and is a worldwide figure.

Like any other successful figure, MJ likes to spend his riches on the things he loves. Jordan makes sure to use his income correctly as he has a huge collection of cars and other vehicles.

Jordan has an $80 million yacht, a $2.2 million Bugatti and a $62 million private jet. Quite a collection by the Chicago Bulls legend!

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His yacht outshines most of his automobiles. The $80 million beauty is named Joy and was acquired by Jordan in 2019. The yacht has almost every amenity possible, including a deck jacuzzi, gym, and dining rooms. Moreover, the yacht has a full-size basketball court inside of it!

Is Michael Jordan a billionaire?

Michael Jordan is one of the most iconic athletes of all time. Despite earning only $90 million throughout his glorious time in the NBA, Jordan has used his business skills to build an empire. Thanks to some smart investments, he has a reported net worth of $1.7 billion according to Forbes. 

He has stakes in the NBA as well, in the form of the Charlotte Hornets and also has his own NASCAR team. Moreover, a lesser-known fact about Jordan is his stake in the Miami Marlins, a baseball team.

Jordan’s deal with Nike earned him a whopping $100 million dollars while his first official contract with Nike earned him only $500,000 per year.

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What is your favorite memory of Michael Jordan? Let us know in the comments down below.