Michael Jordan Net Worth: How the NBA Legend Became a Billionaire

Michael Jordan's Wealth
Infographic of Michael Jordan, a basketball player wearing a suit


Jordan is widely regarded as the greatest basketball player of all time, but his success is not limited to the court.

He is also one of the richest athletes in the world, with a net worth of $3 billion as of 2024.

How did he achieve this remarkable feat?

Let’s take a look at his career earnings, endorsements, investments, and philanthropy.

Michael Jordan’s Career Earnings

Jordan’s storied 15-season NBA career was defined by winning. With the Chicago Bulls, His Airness clutched a record-tying six NBA championships.

Even though Jordan made a respectable $94 million in salary and bonuses during his playing career, that amount seems almost small in comparison to other players with his level of talent.

He was the league’s top earner only in his final two seasons, pulling in $30 million and then $33 million. But Jordan was about more than dollar signs and commas.

His play spoke for itself. Time and again, he captured MVP, Finals MVP, scoring champion, defensive player of the year, and All-Star honors while cementing his legacy as one of basketball’s most dominant and transcendent superstars.

Part of Jordan’s greatness is captured, but not entirely, by records and award hardware. Air Jordan became a global icon over 15 exciting seasons thanks to his competitiveness, work ethic, and flair for late-game theatrics.

Michael Jordan’s  Endorsements

Michael Jordan's Record-Breaking Endorsement Empire
Michael Jordan’s Record-Breaking Endorsement Empire


Michael Jordan’s Investments

Jordan soars just as high in the business world as he once did on the hardwood. His Airness has crafted a diversified investment portfolio across an array of sectors.

In 2010, Jordan bought a majority stake in the Charlotte Hornets for $175 million.

Thirteen years later, he sold a minority share, valuing the franchise at $3 billion—making him a certified billionaire team owner.

Beyond basketball, Jordan also boasts ownership stakes in the NHL’s Washington Capitals, sports betting platform DraftKings, and, since 2020, the 23XI NASCAR team he co-owns with Denny Hamlin and driver Bubba Wallace.

From golf courses and car dealerships to restaurants and esports, Jordan continues expanding his business empire.

Much like his gravity-defying drives to the basket, His Airness appears poised to keep rising to new financial heights through savvy investments.

Michael Jordan’s Legacy Off the Court

Michael Jordan‘s competitive fire and relentless drive extend beyond championship rings and business deals.

Over the years, Jordan has also made it part of his life’s work to give back—especially in the Carolina community he now calls home.

In 2020 alone, Jordan donated $10 million to open medical clinics in underserved neighborhoods across Charlotte.

Through the Make-A-Wish Foundation, he has granted hundreds of wishes to critically ill children and remains one of the most requested celebrity wish-granters.

The Michael Jordan Scholarship at the University of North Carolina has helped numerous students afford college over the past two decades.

In 2018, following Hurricane Florence’s devastation of North Carolina, Jordan contributed $2 million toward relief efforts.

Jordan once said:

“Talent wins games, but teamwork wins championships.”

The same could now be said of his recent philanthropic efforts.

Jordan continues to work away from the spotlight he once shared as a superstar athlete, improving lives and fostering more equitable opportunities through partnerships with charities and community leaders.

For all his amazing talents demonstrated through 15 seasons in the NBA, Jordan’s largest assist may be to those in need off the court.

About the author

Knight Creamland

I'm Knight Creamland, an accomplished journalist with expertise in sports, entertainment, and crime reporting.
With a degree in Political Science and Sociology, I joined a leading news organization.
Over the years, I covered high-profile sports events, interviewed A-list celebrities, and exposed criminal activities.
My insightful articles offer readers a glimpse into the entertainment industry's complexities.
Recognized for my ethical journalism, I've sparked debates and positive change.
Eagerly anticipating my next compelling story, my readers and colleagues appreciate my unwavering commitment to truth and justice.







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