6 exclusive purchases that highlight Michael Jordan’s high-end lifestyle: Luxury yachts, car collections, and more | NBA News - The Times of India
Michael Jordan (Image via: Getty Images) Former Chicago Bulls legend Michael Jordan is widely recognized as the greatest NBA star of all time, and he is also the richest NBA player of all time. His current net worth is estimated at $3.6 billion as of 2025. Jordan is the first NBA star to have ever crossed the billion mark. Michael Jordan was the first player in the world to receive $30 million in salary annually for the 1996-1997 season. Throughout his playing days in the NBA and long after retirement, Michael has remained one of the world’s most powerful endorsement personalities. Over the years, Jordan has earned over $2 billion from endorsement deals alone. Nearly two decades after his retirement from professional basketball, Michael Jordan still earns an estimated $300–$400 million annually through endorsements and business deals. So to put that into perspective, Jordan at present makes more money in a single year than he earned throughout his NBA career of 16 seasons. As we proceed, let us look at the 5 most luxurious purchases made by Michael Jordan. Car collections: Michael Jordan has an impressive collection of cars, including top brands such as Ferrari, Mercedes, a few Porsches, Corvettes, Bentley, Aston Martin, a Bugatti Veyron Sang Noir, worth $2 million, and many more. However, his most valuable asset is his Mercedes-Benz SLR McLaren 722, with an estimated price tag of $3 million. High-value properties and expensive homes: Michael Jordan is the owner of a number of luxurious properties all across America. In 2023, he sold his luxurious mansion in Utah for an estimated $7.5 million, and it is believed that the Chicago Bulls legend. He also owns a luxurious mansion in Chicago, which is worth $14.5 million. In addition to this, Jordan is also the owner of a $2.6 million mansion located in North Carolina. However, his most expensive home is located in Jupiter's Bear Club in Florida (developed by the golfer Jack Nicklaus), in which he spent around $17 million (approx.), per Sportskeeda in 2023. Private jet:Michael Jordan owns a private jet, which is worth $61.5 million. The aircraft is a Gulfstream G550, having the tail number N236MJ in honor of his iconic Chicago Bulls’ jersey number 23, his six-time NBA championships, and his name's initials.Luxurious yachts: Michael Jordan owns an $80 million luxurious yacht named "Joy." The yacht is over 230 feet long and has several luxurious on-board amenities, such as a basketball court, spa rooms with saunas, luxury suites, and even a helipad. In addition to this, Jordan also owns a fishing yacht named "Catch 23", which he regularly uses for outings and fishing-related activities. It is believed that Jordan purchased the yacht for an estimated amount of $8 million. Charlotte Hornets: Michael Jordan’s most expensive investment has been the NBA’s Charlotte Hornets franchise. Michael Jordan purchased the team in 2010 for a worth $175 million, and today it is valued at approximately $1.57 billion. While the investment has allowed for an enormous return, the Hornets still rank among the least expensive franchises in the NBA today. 23XI NASCAR Racing Team: Beyond basketball, Jordan has also expanded his finances, as he is the co-owner of 23XI Racing in NASCAR, launched in 2020, along with Denny Hamlin, who is the winner of the Daytona 500 three times, along with his manager Curtis Polk, in which Jordan has reportedly invested around $150 million, per Sportskeeda. Also Read: How one jump turned Michael Jordan into a cultural phenomenon and built a billion-dollar legacy
