Michael Jordan Net Worth - Richest Celebrities

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Monday, October 19, 2015

Michael Jordan Net Worth

                      Michael Jordan Net Worth

Net Worth: $1.1 Billion

Former American professional basketball player, active businessman, and majority owner of the Charlotte Bobcats, Michael Jordan has an estimated net worth of $1.1 billion as of October 2015, according to Forbes. The former Chicago Bulls wonder earned $93 million in salary during his playing career. Most of his fortune now derives from endorsement deals with his biggest sponsor, Nike; he raised his stake in the NBA’s Charlotte Bobcats to 80% in 2010. Michael Jordan, arguably the greatest basketball player of all time, could also be seen as the most entrepreneurial sports star of his day.
Perhaps most famous is his hugely lucrative endorsement deal with Nike that led to the creation of the iconic Air Jordan trainers – according to Forbes magazine, Brand Jordan remains a $1 billion sales business for the sports manufacturer. He’s also negotiated big sponsorship deals with the likes of Gatorade, Coca-Cola and McDonald’s, as well as starring alongside Bugs Bunny in his own Looney Tunes film, Space Jam. Jordan was born; February 17, 1963 in Brooklyn, New York.

Throughout her entire professional career, Jordan has been a six-time NBA Finals MVP, a five-time NBA Most Valuable Player, a 14-time NBA All-Star, and a six-time NBA champion.
Earnings 2014 N/A
Asset Jun. 2014 Value of his 89% Stake in the Charlotte Bobcats in 2014, finally making him a Billionaire
$416,000,000
Earnings 2013 N/A
Asset 2013 Value of his 80% Stake in the Charlotte Bobcats (as of January 2013)
$252,000,000
Sponsorship 2013 Earnings from Endorsements with Nike, Gatorade, Hanes, Upper Deck, 2K Sports, Presbyterian Healthcare and Five Star Fragrances.

  • Source of Wealth Basketball, Charlotte Bobcats
  • Birth Place Brooklyn, New York
  • Height 6' 6" (1.98 m)
  • Marital Status Divorced (Juanita Vanoy)
  • Full Name Michael Jeffrey Jordan
  • Nationality United States
  • Date of Birth February 17, 1963
  • Ethnicity African-American
  • Weight 216 lbs (98 kg)
  • Occupation Basketball Player (Retired), Businessman
  • Education University of North Carolina at Chapel Hill
  • Children 3 (Jeffrey Michael, Marcus James, Jasmine)

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