How much money has Michael Jordan made? What is his fortune worth?
The Chicago Bulls and NBA legend celebrates 60 years of life, and has built his fortune on and off the court.
Chicago Bulls legend Michael Jordan turned 60 today, Friday 17 February, and there are few sport stars on the planet that can look back on a career quite like the one he has had. He’s a fundamental part of the conversation when talking about who the greatest basketball player in history is, and some go so far as to argue he is the GOAT of all sports. We’ll save that discussion for another article...
Where does Michael Jordan’s wealth come from?
During his playing days Jordan boasted being one of the best paid in the game, according to Forbes. He accumulated around 100 million dollars throughout his career, but after finishing his stage in professionalism, his fortune continued to increase year after year. Advertising campaigns in which he was involved, with brands such as Nike and Gatorade, kept the greenbacks rolling in.
Forbes estimates that Jordan’s currently worth is around $1.7 billion (before taxes), with ‘his net worth coming from his ownership of the NBA’s Charlotte Hornets and his nearly $2 billion in lifetime earnings from Nike and other corporate partners’. The same publication, in 2022, placed him in the 1,729th place on the list of global billionaires.
Nike’s Jordan brand alone generates about $3.6 billion.
Michael Jordan’s commercial dealings and NBA contracts:
Jordan’s commercial and business ventures have been highly successful, with the likes of McDonald’s and Hanes joining those mentioned above in getting his name, face and reputation on their products. His NBA contracts with the Chicago Bulls and Washington Wizards cemented his legacy as one of, if not the greatest.
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