How is michael jordan worth




















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Michael Jordan is considered the greatest NBA player of all time. Since he retired in , he has built a lucrative career and uses his wealth for philanthropic purposes. He also indulges: He has a secret golf course, sprawling estates , an NBA team, restaurants, and interest in DraftKings. Visit Insider's homepage for more stories. Since Jordan retired 15 years ago, he has built the most successful and lucrative career we've ever seen from a former athlete.

From secret golf courses and sprawling houses to custom planes, Jordan is clearly enjoying life after hoops. Called "Slaughterhouse 23," it earned the name since it was designed by Jordan, for Jordan, and aimed at maximizing Jordan's style of play against his opponents.

The course has lavish amenities, including a drone delivery service that brings beer and other refreshments to the club's exclusive members. DraftKings announced last September that Jordan took an equity stake in the sports betting company, along with a special adviser role. The recent money moves come as no surprise. Jordan is the world's first athlete billionaire. And his income now is way more than his total playing salary during his career.

Jordan did sell a minority stake in the club in , but he reportedly has no interest in giving up control of the team. Jordan is still waiting for the day the Hornets win a championship. He has said that winning a championship as an owner would be more gratifying than any of the six rings he won as a player. The popularity of Air Jordans has resurged in recent years thanks to celebrity partnerships to connect to a younger audience and new versions of retro styles to reconnect to the older fans.

Nike's Jordan Brand has even partnered with the popular video game 'Fortnite. Jordan reportedly wanted to sign with Adidas in , but they passed because they preferred NBA players who were 7 feet tall. He has several endorsement deals with companies like Gatorade He's been a spokesman for the company for nearly 30 years.

Jordan said he has always been picky about his endorsements because he wanted to be genuine and also build his own brand. He once rejected a huge endorsement deal with Beanee Weenees because he didn't like the name. He owns several restaurants including North in Jupiter, Florida Jordan also is one of many celebrities to start a tequila business. In , Jordan and a team of four others created Cincoro tequila. He also owns a Nissan dealership in Durham, North Carolina. In , many billionaires lost money — but not Jordan.

That steady stream of income lets him live a pretty amazing lifestyle. He has a private jet.



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