Air Jordan, a iconic brand in the world of sportswear, was born out of a partnership between Nike and basketball legend Michael Jordan. The collaboration began in 1984 when Nike, then a relatively small sports company, signed Jordan to a five-year deal. This marked the start of Jordan’s career with Nike, which would eventually lead to the creation of the Air Jordan brand.

The Air Jordan I, released in 1985, was the first shoe to bear Jordan’s name. Designed by Peter Moore, the shoe featured a bold color scheme of black and red, which violated the NBA’s uniform policy at the time. Despite the controversy, the shoe gained massive attention, with Jordan often fined for wearing them during games. This only served to increase their popularity, with fans eager to own a pair of the rebellious sneakers.

Air Jordan’s Current Net Worth (2025)

As of 2025, Air Jordan’s current net worth is estimated to be around $2.2 billion. This significant figure is a testament to his successful career and various business ventures.

Career

A six-time NBA champion and five-time MVP, Air Jordan, born Michael Jeffrey Jordan, retired from the NBA in 2003. His career spanned over 15 seasons, with a brief foray into baseball in the late 90s. Jordan’s impact on the game is immeasurable, with his iconic number 23 jersey retired by the Chicago Bulls.

Other Ventures

Air Jordan’s influence extends beyond the basketball court. He is a majority owner of the Charlotte Hornets, a team he bought in 2010. He also has numerous endorsement deals, including a lifetime contract with Nike, which has generated billions in sales for the brand.

Assets

Jordan’s real estate portfolio includes a majority stake in the Charlotte Hornets, valued at over $1.5 billion. He also owns a majority stake in the NBA’s 2K League esports team, the Hornets Venom GT. His personal residence, a 56,000-square-foot mansion in Chicago, is valued at around $14.85 million.

Annual Income

Air Jordan’s annual income is primarily derived from his endorsement deals and his stake in the Charlotte Hornets. In 2021, Forbes estimated his annual earnings to be around $130 million. This figure includes his salary from the Hornets and his various endorsement deals, most notably with Nike.

Frequently Asked Questions about  Air Jordan

Frequently Asked Questions: Air Jordan Net Worth

1. What is the net worth of Air Jordan?

As of the latest estimates, the Air Jordan brand’s net worth is approximately $3 billion.

2. Who is the owner of Air Jordan?

Air Jordan is a subsidiary of Nike, Inc. The brand was created in 1984 as a collaboration between Nike and basketball player Michael Jordan.

3. How much money does Michael Jordan make from Air Jordan?

Michael Jordan earns a royalty from the sales of Air Jordan sneakers. While the exact percentage is not disclosed, it’s estimated that he has earned over $1.5 billion from the brand since its inception.

4. Which Air Jordan model is the most popular?

The Air Jordan 1, the first model released in 1985, is considered the most popular and iconic. However, the Air Jordan 3, 4, 5, and 11 are also highly sought after.

5. How many Air Jordan models are there?

As of 2021, there are over 30 main Air Jordan models, with numerous colorways and special editions released each year.

6. What is the most expensive Air Jordan shoe?

The most expensive Air Jordan shoe is the Air Jordan 12 Flu Game, which sold for $104,000 at a Sotheby’s auction in 2020.

7. When was the last Air Jordan model released?

The latest Air Jordan model released is the Air Jordan 36, which hit the market in 2020.

8. How many pairs of Air Jordan shoes are sold each year?

Nike does not disclose the exact number of Air Jordan shoes sold annually. However, it’s estimated that millions of pairs are sold worldwide each year.

9. Are Air Jordan shoes made in the USA?

While some Air Jordan shoes were made in the USA in the past, most of the production is now done in Asia, particularly in countries like Vietnam and China.

10. What makes Air Jordan shoes so valuable?

Air Jordan shoes are valuable due to their historical significance, limited releases, collaborations with renowned designers, and their role in popular culture. The shoes’ resale market also contributes to their high value.