Mike Jordan Net Worth (Updated 2025).
Mike Jordan, born on February 17, 1963, in Brooklyn, New York, began his basketball career at an early age. He honed his skills on the asphalt courts of his neighborhood, eventually catching the eye of college scouts. In 1981, Jordan enrolled at the University of North Carolina at Chapel Hill, where he quickly became a standout player, leading the Tar Heels to a NCAA championship in 1982. His impressive college career caught the attention of the NBA, leading to his selection as the third overall pick in the 1984 draft by the Chicago Bulls.
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Mike Jordan’s Current Net Worth (2025)
As of 2025, Michael Jordan’s net worth is estimated to be around $2.2 billion, according to Forbes. This makes him one of the wealthiest former athletes in the world.
Career
Michael Jordan, widely regarded as one of the greatest basketball players of all time, played 15 seasons in the NBA. He won six championships with the Chicago Bulls and was a five-time MVP. Jordan’s career scoring average of 30.1 points per game is the highest in NBA history.
Other Ventures
After retiring from basketball, Jordan founded the Jordan Brand with Nike in 1997. Today, it’s one of the most successful and profitable sports brands globally. He also owns the Charlotte Hornets NBA team and has invested in various other businesses.
Assets
Jordan’s assets include a majority stake in the Charlotte Hornets, valued at over $1.5 billion. He also owns several homes across the U.S., including a $29.5 million mansion in Jupiter, Florida. His extensive car collection includes a NASCAR team and a fleet of luxury vehicles.
Annual Income
Jordan’s annual income is largely driven by his endorsement deals, particularly with Nike, which pays him around $100 million annually. His NBA team ownership and other business ventures also contribute significantly to his yearly earnings.
Frequently Asked Questions about Mike Jordan
**1. What is Mike Jordan’s net worth?**
Mike Jordan’s net worth is estimated to be around $1.6 billion.
**2. How did Mike Jordan make his money?**
Mike Jordan made his fortune primarily through his successful career as a professional basketball player, where he earned millions in salary and endorsements. He also has significant investments in various businesses, including the Charlotte Hornets NBA team.
**3. What is Mike Jordan’s annual income?**
Mike Jordan’s annual income varies, but it’s estimated to be around $100 million, including his salary, endorsements, and investments.
**4. What are some of Mike Jordan’s most lucrative endorsement deals?**
Some of Mike Jordan’s most lucrative endorsement deals include Nike, Gatorade, Hanes, and Wheaties. His partnership with Nike, in particular, has been incredibly successful, with the Jordan Brand generating billions in revenue.
**5. What is the Jordan Brand worth?**
The Jordan Brand, a subsidiary of Nike, is worth over $3 billion.
**6. What is Mike Jordan’s involvement with the Charlotte Hornets?**
Mike Jordan is the majority owner and chairman of the Charlotte Hornets NBA team. He purchased the team in 2010 for $275 million.
**7. What is Mike Jordan’s philanthropic work like?**
Mike Jordan is known for his philanthropic work, including the establishment of the Jordan Brand Wings program, which aims to empower and inspire youth through basketball. He has also donated millions to various charitable causes.
**8. What is Mike Jordan’s height and weight?**
Mike Jordan is 6 feet 6 inches (1.98 m) tall and weighs around 216 lbs (98 kg).
**9. What is Mike Jordan’s shoe size?**
Mike Jordan wears a size 13 US men’s shoe.
**10. What is Mike Jordan’s retirement salary from the NBA?**
Mike Jordan’s retirement salary from the NBA is estimated to be around $6 million per year.
