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The Chicago Bulls legend Michael Jordan needs no introduction. He has won 6 NBA championships with the Bulls and has a 6-0 record in the NBA finals. Although his exploits on the basketball court might make him great, his ventures off the court elevate his status.

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Apart from having won almost everything as an individual, Jordan is a successful businessman as well. Jordan’s shoes have turned into one of the most successful ventures under Nike.

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If you thought Michael Jordan lives extravagantly, you are absolutely right. Jordan is not shy to spend his riches and a recent Instagram Story by a Hollywood star adds to it. In the story, one can see Jordan’s insane yacht in all its glory.

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What is the Instagram story about?

Canadian superstar Stephen Amell is known for his role as Arrow in a popular series and he recently shared an interesting Instagram Story giving us a glimpse of Michael Jordan’s yacht.

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He shared a video of himself on a boat and said, ” Next time you think that you are a baller, just remember that Michael Jordan has a f***ing basketball hoop on his yacht.

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Michael Jordan and his $80 million yacht

Being one of the biggest sporting icons in the world, Michael Jordan knows how to build an image. Back in 2019, the Chicago Bulls legend spent a whopping $80 million on a yacht. With stars like Stephen Amell being blown away by the yacht, it’s safe to say the money was worth it.

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Although a basketball court might seem very luxurious, the majestic yacht has everything one can think of. Apart from the court, it houses a jacuzzi on the deck, a gym, and a dining room. 

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Named ‘Joy’, the yacht has eight cabins and according to Marca, it has an operating cost of about $800,000 per week! Considering Jordan’s huge net worth, it won’t be a problem to handle the operating costs.

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What is Michael Jordan’s net worth?

Despite earning only $90 million in salaries during his playing days, Jordan’s business ventures have played a big part in his huge net worth.

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According to Forbes, MJ’s real-time net worth is around $1.6 billion. He has earned around $1.8 billion from deals with companies like Nike, Hanes, and Gatorade.

He is also a stakeholder in the NBA team Charlotte Hornets. Jordan has not restricted his business to the NBA, and also became a co-owner of a NASCAR team in 2020.

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What is your favorite memory of Michael Jordan? Let us know in the comments below.

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Written by

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Abhinava Ghosh

1,823 Articles

Abhinava Ghosh is an NBA writer at EssentiallySports with a wealth of experience covering the league. He has written over 1400 articles for EssentiallySports, showcasing his expertise in analyzing and reporting on NBA trade rumors, injury updates, and the ever-changing dynamics of the league. He had successfully covered the entire Kevin Durant trade saga at Brooklyn, which led to the basketball legend’s move to the Desert. He also kept our readers updated on the Brittney Griner situation throughout her exile in Russia. One of Abhinava's proudest moments came in 2015 when the Golden State Warriors won the NBA title after 40 years. As a lifelong fan of the Dubs, Abhinava was thrilled to see his team reach the pinnacle of the sport, but he remained objective and professional in his reporting.

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