Michael Jordan Spent $80 Million of His Net Worth on This World-Class Yacht

Published 11/22/2021, 6:30 PM EST
Golf – The 2020 Ryder Cup – Whistling Straits, Sheboygan, Wisconsin, U.S. – September 25, 2021 Michael Jordan watches the action by the 11th green during the Four-balls REUTERS/Mike Segar


Right from his playing days, Michael Jordan has been a global icon. From one of the greatest players on the court, to a wise businessman off of it, his journey has been phenomenal. Thus, it is only natural that he treats himself for the fruits of his labor. A while ago, the Chicago Bulls legend purchased a gigantic yacht, worth close to $80 million. Today, we look a closer look at the world-class water transporter.

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When did Michael Jordan buy a yacht?

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Following his retirement in 2003, Jordan built an empire of brand supremacy. His Jordan brand has yielded humongous successes, and the yacht is the result of it. In 2015, the 14-time All-star elevated his status to that of a billionaire, becoming the first basketball athlete to do so. During the course of his career, he won 6 NBA titles, and over a million fans.

As a result, his brand was always going to be a huge hit. Back in the beginning of 2019, MJ decided to purchase a valuable piece of art for his brand dominance. The result of this, was an $80 million worth yacht, reportedly named as ‘Joy’. It has been nearly three years now, and numerous images of the starlet in his cruiser have gone viral.

Where is Jordan’s yacht docked?

‘His Airness’ has taken a ride on his yacht multiple times, enjoying the lavish life. It is filled with luxurious amenities, and has world-class features all over. Parties can be hosted here, there is a basketball court, and it is spacious enough to hold numerous people. Currently, the yacht is docked at St. Barths, according to TMZ.

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What is Michael Jordan’s net worth?

Naturally, the Jordan brand generated massive craze among the masses. Selling shoes and merchandise, the company has made merry as time has gone by. The 58-year-old clearly knows his way around the business field.

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NEW YORK, NY – AUGUST 26: Basketball Hall of Famer Michael Jordan watches as Roger Federer of Switzerland plays against Marinko Matosevic of Australia at their men’s singles first round tennis match on second day of the 2014 US Open at the USTA Billie Jean King National Tennis Center on August 26, 2014 in New York. (Photo by Bilgin Sasmaz/Anadolu Agency/Getty Images)

As if it wasn’t obvious enough, Jordan has earned the big bucks over time. With multi-million dollar investments, he is still among the richest retired athletes. His career salary totaled to about $90 million, and he signed many endorsement deals after. In addition, he co-owns a NASCAR team, as well as the NBA franchise Charlotte Hornets. As per Forbes, Michael Jordan’s current net worth stands at $1.6 billion.

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Sankalp Harikrishnan

437 articles

Sankalp Harikrishnan is an NBA and Tennis writer at EssentiallySports. He aspires to pursue Sports Journalism and has represented his institution in cricket, badminton, football and table tennis. Sankalp idolises Roger Federer and Stephen Curry, and has an inherent love for statistics.

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