As of May 2025, Michael Jordan's net worth is estimated to be approximately $3.5 billion to $3.6 billion, making him one of the richest athletes and celebrities globally
. Key factors contributing to his wealth include:
- Endorsements: Jordan earns around $300-400 million annually from endorsements, with Nike royalties alone bringing in about $60 million per year through the Jordan Brand
- NBA Career Earnings: He earned about $94 million during his NBA playing career, which is modest compared to his post-retirement income
- Business Ventures: His acquisition and eventual sale of the Charlotte Hornets NBA team significantly boosted his net worth. He bought the team in 2010 for $175 million and sold the majority stake in 2023 at a valuation around $3 billion, retaining a minority stake
- Other Investments: Jordan has diversified investments including sports betting (DraftKings) and auto racing, which add to his financial portfolio
Jordan officially became a billionaire in 2014, largely due to the rising value of the Hornets and his enduring endorsement deals
. His financial success extends well beyond basketball, making him the highest-paid athlete ever and a prominent billionaire in the sports world