Michael Jordan Spent a Whopping $61.5 Million Of His Net Worth On This Beast

Published 11/21/2021, 7:30 PM EST
LONG POND, PENNSYLVANIA – JUNE 26: NBA Hall of Famer Michael Jordan and co-owner of 23XI Racing looks on from the 23XI Racing pit box prior to the NASCAR Cup Series Pocono Organics CBD 325 at Pocono Raceway on June 26, 2021 in Long Pond, Pennsylvania. (Photo by Sean Gardner/23XI Racing via Getty Images)


Michael Jordan is one of the most renowned sports personalities in the world of basketball. NBA fans often refer to him in debates surrounding the greatest player of all time. Jordan profited off his NBA career as he raked in big bucks through playing contracts and playing contracts. He helped the NBA market basketball to a whole new worldwide fanbase.

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What is Michael Jordan’s net worth?

Michael Jordan is one of the few billionaires in the world of professional sports. The Chicago Bulls legend astonishingly hit the billion mark in terms of his net worth after his playing career came to an end. His current net worth, according to multiple sources, is around a whopping $2.2 billion.

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Jordan earned a total of $93.7 million in salary during his NBA career. He maintains brand endorsements with the Nike Jordan brand among other brands. Jordan earns an estimated $100 million per year from endorsements and many other business ventures. He became a billionaire with his ownership stake in the Charlotte Hornets.

When did Michael Jordan buy his private jet?

Jordan’s insane net worth has resulted in him not having to use usual or cheaper modes of transport. Fittingly, ‘His Airness’ uses a private jet for most of his personal and professional travels. He owns an expensive Gulfstream G550 jet.

Michael Jordan during 2006 Jordan All-American Classic at Madison Square Garden in New York City, New York, United States. ***Exclusive*** (Photo by Johnny Nunez/WireImage)

The luxurious Gulfstream G550 jet reportedly cost Jordan a whopping $61.5 million. He initially covered the jet in powder blue and white colors inspired by his alma mater, the University of North Carolina. However, the jet now has a painted cover inspired by his iconic Jordan Brand shoes.

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Which other NBA stars own private jets?

Alongside, Michael Jordan other NBA stars like Magic Johnson, LeBron James, Scottie Pippen, and others also own private jets. Reportedly in 2002, Pippen purchased a Jetstream aircraft for $4.3 million. Another NBA legend, Magic Johnson, purchased his Gulfstream in 2004.

Scottie Pippen and Michael Jordan attend the surprise birthday celebration for Scottie Pippen at Sunda on September 24, 2012 in Chicago, Illinois. (Photo by Barry Brecheisen/WireImage)

Los Angeles Lakers talisman LeBron James also reportedly owns a private jet. Alongside the private jet, he also owns a Maybach, a Ferrari, and a Rolls Royce. Michael Jordan certainly influenced the play styles of NBA players on the court as well as their lifestyle off the court.

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Shalom Saldanha

135 articles

Shalom Saldanha is an NBA writer at EssentiallySports. Currently pursuing his journalism degree, he has previously worked as a sports corresspondent for India Shorts/Business Upturn. A Giannis Antetokounmpo and Bucks fan, Shalom primarily got into the sport after discovering that he shared a mutual love for Arsenal with the 'Greek Freak'.

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