Michael Jordan Net Worth: Find the source of income,Assets,personal life

An American retired professional basketball player, businessman, and principal owner and chairman of the Charlotte Hornets of the NBA, Michael Jordan has the net worth which estimated to be $1.39 billion.

Source of Building The Net Worth To $1.39 Billion

In 1984, he signed a contract worth $2.5 million with Nike. Since he was playing for Chicago Bulls his income from the club was $550,000.  Then in the same year, he made an endorsement deal with Nike for first 5 years deal with the shoemaker for worth $12.5 million. Then in January 1984, he got another endorsement deal from Chevrolet for worth $200,000. Then in the same year, he signed a seven-year contract worth $6.3 million with Chicago Bulls.

Jordan’s income from the club Chicago Bulls in the year 1985 to 1986 was $630,000. Then his earning was increased and got the salary worth $737,500 of the one year (1986-1987) from the Chicago Bulls. His salary increased year by year and his income from 1987 to 1988 from the Chicago Bulls was $845,000.

Then in 1988, Jordan got sponsorship from Wheaties worth $2 million. And in the same year, his salary for one year from the Chicago Bulls was increased to $2 million. In the same year, he signed an eight-year contract worth $25.7 million with Chicago Bulls. Between the year 1989 to 1990, he earned $2.25 million from Chicago Bulls and he made an endorsement deal with Hanes for worth $10 million.

In this way, Jordan increased his earnings by playing basketball year by year and by signing the contract and making an endorsement deal with various companies he earned a huge amount of money.

Michael Jordan Houses and Cars

Having the net worth of $1.39 billion, Jordan has bought a house in Florida, the United States worth $20 million which has a Basketball court.  He has also bought another house in Highland Park Illinois, the USA worth $29 million which has Tennis Court. He has another house in Miami, Florida, the USA worth $0.281 million which has Beach. He has another house in Charlotte, North Caroline, the USA which has a spa inside it. He has bought another house in North Caroline worth $2.8 million and also has a spa inside it.

Jordan has bought a private jet Gulfstream IV worth $36 million. He has bought a black Range Rover whose price is between $83,495 and $186,495.  He has bought red Cadillac XLR whose price is $110,000. He has bought another luxurious car i.e 2007 Mercedes Benz SLR Mclaren whose price is $480,000. He has also superbike i.e. Ducati 999.

Michael Jordan Early Life and Personal Life

Michael Jordan was born February 17, 1963, in Brooklyn, New York. His father’s name is James R. Jordan Sr. who was an equipment supervisor and his mother’s name is Deloris Jordan who worked in banking. When he was a toddler, his family moved to Wilmington, North Carolina. Looking at Michael Jordan's siblings, he has two older brothers named Larry Jordan and James R. Jordan, one older sister named Deloris and one younger sister named Roslyn among them Michael Jordan is the fourth child of his parents. He attended Emsley A. Laney High School in Wilmington where he started his athletic career by playing basketball, baseball and football.

Jordan married to Juanita Vanoy in September 1989 and was blessed with two sons, Jeffrey Michael and Marcus James and a daughter, Jasmine. Then on January 4, 2002, the couple filed for divorce for citing irreconcilable differences but reconciled shortly thereafter. But again on December 29, 2006, they filed for divorce and were granted a final decree of dissolution of marriage. It is reported that Juanita received a $168 million settlement which was the largest celebrity divorce settlement on public record.

To get the loved one in life is very fortunate. After the divorce with his first wife, he gets his love life Cuban-American model Yvette Prieto.She is in long relation with Jordan and finally, jordan purposed On Christmas 2011 and married her on April 27, 2013, at Bethesda-by-the-Sea Episcopal Church. On November 30, 2013, they announced that they were expecting for their first child. And finally, they were blessed with identical twin daughters named Victoria and Ysabel on February 11, 2014.