Michael Jordan Spent $80 Million of His Net Worth on This World-Class Yacht

Right from his playing days, Michael Jordan has been a global icon. From one of the greatest players on the court, to a wise businessman off of it, his journey has been phenomenal. Thus, it is only natural that he treats himself for the fruits of his labor. A while ago, the Chicago Bulls legend purchased a gigantic yacht, worth close to $80 million. Today, we look a closer look at the world-class water transporter.

When did Michael Jordan buy a yacht?

Following his retirement in 2003, Jordan built an empire of brand supremacy. His Jordan brand has yielded humongous successes, and the yacht is the result of it. In 2015, the 14-time All-star elevated his status to that of a billionaire, becoming the first basketball athlete to do so. During the course of his career, he won 6 NBA titles, and over a million fans.

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As a result, his brand was always going to be a huge hit. Back in the beginning of 2019, MJ decided to purchase a valuable piece of art for his brand dominance. The result of this, was an $80 million worth yacht, reportedly named as ‘Joy’. It has been nearly three years now, and numerous images of the starlet in his cruiser have gone viral.

Where is Jordan’s yacht docked?

‘His Airness’ has taken a ride on his yacht multiple times, enjoying the lavish life. It is filled with luxurious amenities, and has world-class features all over. Parties can be hosted here, there is a basketball court, and it is spacious enough to hold numerous people. Currently, the yacht is docked at St. Barths, according to TMZ.

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What is Michael Jordan’s net worth?

Naturally, the Jordan brand generated massive craze among the masses. Selling shoes and merchandise, the company has made merry as time has gone by. The 58-year-old clearly knows his way around the business field.

As if it wasn’t obvious enough, Jordan has earned the big bucks over time. With multi-million dollar investments, he is still among the richest retired athletes. His career salary totaled to about $90 million, and he signed many endorsement deals after. In addition, he co-owns a NASCAR team, as well as the NBA franchise Charlotte Hornets. As per Forbes, Michael Jordan’s current net worth stands at $1.6 billion.