Net Worth of Michael Jordan
Michael Jordan is widely considered as the greatest basketball player of all time; Jordan is also one of the most exciting personalities in the history of NBA, that too, for all the achievements and accolades he collected throughout his legendary career, His Airness has also done the same in terms of collecting assets.
Michael Jordan’s net worth in 2022 is roughly standing at $1.6 billion. Moreover, Michael Jordan actually went down a full $500 million in value from 2020 to 2021. More on that in a second.
According to Forbes, Jordan’s net worth was at an estimated $2.1 billion at the time of 2020, and with this it makes him the richest former professional athlete in the world. He also became the first billionaire athlete and joined the three-comma club in 2014, as per Business Insider.
But did you know? the six-time NBA champion only earned around $90 million in NBA career earnings, with $63 million coming in his final two seasons with his stint with Chicago Bulls. He also received a steady stream of income from endorsements for companies like Nike, Gatorade, Hanes, McDonald’s and Upper Deck.
With his basketball income, Michael Jordan obviously made most of his bucks after he retired from the game. He continues to be an ambassador for Nike and has his own apparel line, Jordan Brand, under their umbrella. Furthermore, Jordan reportedly earns around $100 million from Nike royalties alone.
He also owns quite a number of restaurants in various locations around the United States.