Michael Jordan Net Worth

NBA legend Michael Jordan enjoys a status that few other basketball players, both amateur and professional, have ever achieved. Born in 1963 in Brooklyn, New York, Jordan and his family moved to North Carolina where, after graduating as a successful and prominent high school athlete, Jordan went on to play for UNC. During his time at UNC, he earned honors that include being named to the NCAA All-Star Team in 1983 and 1984, winning the Naismith and Wooden College Player of the Year awards, and being a member of the 1982 UNC team that won the NCAA Division I tournament that year. He left to join the NBA draft during his junior year, a move that launched him into professional play and the national spotlight.

His NBA career is long and storied, hallmarked by professional achievements yet to be attained by other pro players. In fact, he counts six NBA championships to his credit, has won five league All-Star awards, and holds the record for the highest scoring career ever in the NBA. With a combined 17 years playing professional basketball, he has accrued an impressive Michael Jordan net worth of $1 billion. He stands out as one of the most financially successful basketball players and professional athletes of all time.

A gifted athlete, Jordan also ventured into professional baseball during his first retirement from the NBA. He signed a contract to play for the Chicago White Sox’s minor league team and even went to spring training that year in a serious bid to start his baseball career. His baseball career was short-lived, however, and ended in 1995 amid the MLB strikes. Nonetheless, the time he spent playing baseball helped him add to his net worth and also solidified his reputation as an enduring athletic icon in the world of professional sports.

How Much Is Michael Jordan Worth Today?

Seemingly permanently retired from playing himself, Jordan still earns an impressive income with his endorsement deals and his role as the owner and chairman of the Charlotte Hornets. In fact, one of his greatest sources of income post-play comes through his endorsement deal with Nike. He has a creative hand in the designing and promotion of the Air Jordan line of shoes. These shoes are so highly prized that people often line up for days in a bid to buy one of the first pairs released for sale.

Along with earning income from his Air Jordan shoe fashion line, he builds his Michael Jordan net worth by also promoting companies like Coca-Cola, Chevrolet, Ball Park Franks, Rayovac, Wheaties, and numerous other brands. He appears in print media, television commercials, online ads, and public promotions for these companies, which contributes significantly to his net worth that right now is worth $1 billion. He arguably is quite well known for his promotion of the Hanes brand underwear for men. He has appeared in Hanes commercials for over a decade now, a move that continues to earn his lucrative revenue.

In addition to appearing in commercials for this various corporate partners, Jordan also has several acting credits to his name. He famously appeared in the animated movie Space Jam alongside the likes of animated heroes Bugs Bunny and Daffy Duck. He also appeared in the TV series Almost Live! in 1990, as well as the 1990 TV special Kenny Rogers Classic Weekend. Michael Jordan’s first passion may have been basketball. In fact, he amassed most of his fortune playing for the NBA, more specifically the Chicago Bulls. However, he has also proven himself to be a skilled businessman and a respectable TV and movie personality. His net worth reflects his status as an athletic and cultural icon.

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