Michael Jordan Net Worth, Salary and Biography in 2022

Who Is Michael Jordan?


Michael Jordan is a retired professional American basketball player, Olympic athlete, businessperson, and actor. Deemed one of the best basketball players ever, he monopolized the sport from the mid-1980s to the late 1990s. 


Jordan successfully led the Chicago Bulls to six National Basketball Association championships and received the national basketball association’s Most Valuable Player Award five times. With five regular-season MVPs and three All-Star MVPs, Jordan became the most decorated player in the national basketball association.




Michael Jeffrey Jordan was born in Brooklyn, New York on February 17, 1963. He was the fourth out of the five children born by James and Deloris. James Jordan was a mechanic and Deloris Jordan was a bank teller. Immediately after Michael’s birth, James and Deloris felt that the streets of Brooklyn were dangerous to raise a family, so they moved the family to Wilmington, North Carolina.


As a youngster, Michael instantly became interested in sports. However, it was baseball that he first have desired in not basketball that was his first love. He would play catch in the yard with his father, who loved baseball. He later began to play basketball to try and follow in the footsteps of his older brother, Larry, whom he idolized growing up.


At Laney High School, as a second year, he resolved to try out for the varsity team but was cut because he was raw and undersized. The following summer, he grew four inches and practice tirelessly. His hard work paid off as he averaged 25 points per game in his last two years and was chosen to the McDonald’s All-American Team as a senior.


Following high school, he received a basketball scholarship from North Carolina University where he would play under legendary coach Dean Smith. In his first year, he was named ACC Freshman of the Year. He would help direct the Tarheels to the 1982 NCAA Championship, making the game a winning shot.


After winning the Naismith College Player of the Year award in 1984, Jordan chose to leave North Carolina to enter the national basketball association draft. Although he decided to leave college early, he would later return to the university in 1986 to complete his degree in geography.


In the 1984 national basketball association draft, he was chosen with the third overall pick by the Chicago Bulls. As a rookie for the Bulls, he made an immediate effect, averaging an amazing 28.2 points a game, including six games where he scored 40+ points. He was selected to the national basketball association’s All-Star Game and named Rookie of the Year. This would just be the outset of a career filled with awards and honors. In the upcoming years, he would go on to win five regular-season MVP awards, six NBA championships, six NBA finals MVP awards, three All-Star game MVP awards, and a defensive player of the year award.

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Micheal Jordan’s Net worth and salary


Michael Jordan is a retired American basketball player, team owner, product endorser, and entrepreneur. Michael Jordan’s net worth is $2.2 billion.


During his national basketball association career, Michael received a total of $93.7 million in salary. He was the first athlete in history to earn over $30 million per year in salary. He achieved that feat during the 1996-1997 season when he earned $30.14 million in base salary. The following season he earned $33.14 million which is the same as earning $53.4 million today after modifying for inflation

Even though he has not played basketball professionally in almost two decades, today Michael earns $100 million per year from endorsements and several other business ventures. Please note that this is more in a single year than he earned from his salary in 16 national basketball association seasons. Michael earns at least $60 million every year from Nike/Jordan brand royalties.


Michael accomplished billionaire status all thanks to his ownership stake in the Charlotte Hornets national basketball association team. 


Early Life


Michael Jeffrey Jordan was born on February 17, 1963, in Brooklyn, New York. His mother Deloris worked in finance and his father James R. Jordan Sr. was an equipment supervisor. When Michael was a toddler the family moved to Wilmington, North Carolina.


Michael played basketball, baseball, and football at Emsley A. Laney High School in Wilmington. He famously tried out for the varsity basketball team as a sophomore but was denied for being “only” 5 foot 11. Enraged at the rejection, Michael Jordan worked himself to the bone to excel on the Junior Varsity team. Over the summer between his second year and junior years, he grew four inches and subsequently earned that coveted spot on the varsity squad.


Professional Career


Michael Jordan has begun his career in basketball way back when he was in college but the real game began when he was signed by a national basketball association team, Chicago Bulls in 1984. He played 10 years from the team before taking a short break from basketball. He rolled into Washington Wizards in 2001 and he played there till 2003.

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Michael Jordan is not only an incredible basketball player but a professional businessman too. He has a shoe brand, Jordan which is assumed as one of the costliest shoe brands of this world.

He also does a lot of brand endorsements for Nike and many other brands. His brand ‘Jordan’ is in partnership with Nike which makes it even bigger.




He finalized his schooling at Emsley A. Laney High School. For higher studies, he was accepted into the University of North Carolina at Chapel Hill. He began playing basketball in his college where he became a superstar and lead his team to victory.


Personal Life


Michael Jordan was first been in a relationship with Juanita Vanoy whom he got married to in 1989. He has three children from her but in 2002 things began to heat up between them so they decided to take a divorcé. Later in 2011, he met a girl named Yvette Prieto with whom he got married in 2013. The couple was blessed with a twin daughter in 2014.


Although Michael Jordan lives a very busy life, he has never denied his family proper time. He used to spend every bit of free time with his family


Michael Jordan Girlfriend & Relationship


Michael Jordan has been in a relationship many times but now he is married and living his life happily. He and his first wife Juanita Vanoy has once taken a divorce in 2006 and he later got married to Yvette Prieto.


Michael Jordan assets


House: Michael Jordan owns one of the most expensive houses that one can have. He has a huge home in Highland Park, Illinois.

Cars: Michael Jordan has an incredible collection of cars. He owns some of the most expensive cars like Aston Martin DB9 Volante, Chevrolet ZR1 40th anniversary edition, Ferrari 512 TR, and many more.




Throughout his remarkable career and even through to the present, Michael Jordan has worked as a spokesman for many corporate brands including Nike, Gatorade, Wheaties, McDonald’s, Coca-Cola, Chevrolet, Ball Park Franks, Rayovac, Hanes, and MCI. Jordan has also maintained deals with Upper Deck, 2K Sports, and Five Star Fragrances. He owns a car dealership and seven restaurants.


After Nike, one of his biggest early endorsement deals, one that would become lifetime cornerstones for MJ, was with Gatorade. At the end of the 1989 season, Michael signed a 10-year, $18 million endorsement contract with Gatorade. Gatorade’s famous “Be Like Mike” ad initially ran after the Bulls won their first of six titles. The Michael/Gatorade partnership brought both the brand and the man to even greater heights of popularity.

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A 2015 lawsuit against a supermarket chain that reportedly makes use of Michael’s image without permission disclosed that the superstar does not sign deals except he expects to ultimately earn a minimum of $10 million from the partnership. It was also found that Michael at one point had turned down $80 million to endorse a line of headphones because he seemingly doesn’t like wearing headphones.


Out of his writing, Michael Jordan has earned $1.4 billion from corporate partners during his career (before taxes).




Michael Jordan has a good career and during his playtime, he has won numerous awards and landmarks. He has won the national basketball association six times; Olympic gold medal two times; the Pan American Gold medal etc. He has his statue placed close to the United Centre. He has also won the Presidential Medal of Freedom in 2016.


Michael Jordan’s Charity Work


Michael Jordan has been an important contributor to many charity organizations. Proceeds from “The last dance” Netflix’s current documentary captioning Jordan’s last championship run with the Bulls will all be donated to the charity, including the Friends of the Children nonprofit in support of the group’s national proliferation and add Charlotte and Chicago, also as other as-yet identified beneficiaries.


Jordan graciously joined most other NBA owners with a pledge to pay arena workers for missed games during the coronavirus stoppage, and the club has donated to relief efforts within the Carolinas. In recent years, Micheal wrote seven-figure checks to help out with hurricane relief efforts in both the Bahamas and therefore the Carolinas, and he has also been involved in the Make-A-Wish foundation for 3 decades as a donor and grantor of hundreds of wishes to the needs.


Profile summary of Michael Jordan


Full Name    Michael Jeffrey Jordan

Net Worth    Approx 2.2 Billion Dollars

Age    57 Years

Residence    2700 Point Drive, Highland Park, IL

Marital Status    Married

Wife    Yvette Prieto

Source of Wealth    Former NBA player, Charlotte Hornets team owner

Salary    Approx $130 Million

Endorsement    Nike, Hanes, Gatorade, and Upper deck

Endorsement Earnings    130 Million dollars

Philanthropy    30 million dollars donated to activists projects


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