Recognized Name in NBA history Michael Jordan. He is also known for the endorsement of Nike’s Air Jordan and for the Hollywood movie “Space Jam.” Michael is a North American athlete of the 20th century. he is also ahead and part-owner of basketball operation for the Charlotte Bobcats.
- Net Worth: $1.75 Billion.
- Age: 55.
- Born: February 17, 1963.
- Country of Origin: United States of America.
- Source of Wealth: Professional NBA Player/Entrepreneur.
Michael Jordan Net worth :
Michael Jordan held the estimated net worth in 2019 is $1.75 billion.
In the year 1984, he signed the contract worth of $2.5 million with Nike. His income from his Chicago Bulls was $550,000. In the same year, he made an endorsement deal with like for 5 years for $12.5 Million.
Then in 1984, he signed another endorsement deal with Chevrolet of $200,000. He also signed 7 years of a contract with Chicago Bulls, His income with his club Chicago bulls increases from $630,000 to $737,500 of year.
Then from 1987 to 1988 once again his salary increased to $845,000. In 1988, Jordan did sponsorship for Wheaties for $2 million. In the same year, his salary once again increases to $2 million. He also signed a contract for 8 years for $25.7 million, His salary increased in Chicago Bulls. In the year 1989 to 1990, to $2.25 million. Then he made an endorsement deal with Hanes for $10 million. He increased his income day by day and earned $1.75 billion.
Previous year income :
- 2019: $1.75 billion.
- 2018: $1.65 billion.
- 2017: $1.2 billion.
- 2016: $1 billion.
Michael owned a house in Florida, a united state worth of $20 million. Another house in Highland Park Illinois worth of $29 million. He also owns a house in Miami Florida worth of $0.281 million. And, Charlotte north Caroline worth of $2.8 Million.
Michael bought a private jet Gulfstream IV worth of $36 million and a black range rover in $83,495. He also bought red Cadillac XLR worth $110,00. He purchased another car Mercedes Benz SLR McLaren worth of $480,000 and has superbike Ducati 999.
Michael Jordan property worth is $250 million.
Early life :
Michael Jordan born in Brooklyn New York on Feb of 17 in 1963. His father James works as a general electric plant supervisor and mother Deloris worked at a bank. They had 5 children they moved to Wilmington North Carolina when Michael was young. He has two older brothers one younger sister and one older sister. As every parent’s Michael parents also taught him a lesson his mother teaches him to be clean, do laundry and to sew. Whereas he teaches him to work hard and not to be tempted by street life.
Michael loves sports from an early age only in high school failed to make his basketball team as a sophomore because of his height. After that, he practiced and made the team and he was selected for a basketball scholarship at the University of North Carolina. In the junior year, he made at least 20 points per game and in his senior year, he was selected for the McDonalds All American team. He played under head coach Dean Smith.
In 1984 He was drafted by the Chicago Bulls. In the first season, he helped the team to make the playoff where he scored an average of 28.2 points per game that season. Because of this, he got the award of NBA rookie of the year. From the year of 1986 to 1987’s second, he scored 3,000 points and become the first player to score that much of point in a single season. For few years he helped the Bulls to win the championship after that he took a break from 1993 to 1994 for the stint in minor league baseball after that in 1995 he returned to Chicago Bulls. He came back stronger and gets 30.4 points that season.
In 1998 unacceptably he retired himself and joined Washington Wizards as a part-owner. In 2001 to 2002 season rumors start that Jordan would play one again and in 2001 of Sep 25 Jordan announced that joins NBA as a member of the wizard. His two seasons in Washington were best was his statics are solid and show his old self to fans. But, He failed to lead the Wizards to the playoff and missed several goes because of injury he retired with the good following in 2002 to 2003 season and also got dismissed as a president of Washington Wizards. In 2006 of June he becomes the owner of Charlotte Bobcats and that year he also divorced from his wife after 17 years of married life they had 3 children together.
Some facts :
- He played three games in school football, basketball, and baseball.
- In his early day’s many colleges tried to take Michael Jordan for there team like North Carolina, Duke, South Carolina, Syracuse, and Virginia, but he chooses North Carolina scholarship.
- He left his college to play in Chicago Bulls with the scoring 28.2 points. that year he also got an award of Rookie of the year.
- In 1984 his team won the gold medal in California his team was initiate state Olympic basketball.
- His father got shot in 1993 by two robbers and he died on the spot.
- He is the 1st athlete in history to become a billionaire because of his skills in basketball and business.
- He has three children from his divorced wife from them one of his children also interested in becoming a basketball player and made the University of Illinois team. Michael hots an annual golf charity event as a Michael Jordan celebrity invitational.
His determination to help others keep him ambitious and succeed in the game for years. A famous face in sports he endorsement famous brands like Nike Air Jordan’s. He inspired many people by his career and life he held the net worth of $1.75 billion in 2019.