Michael Jordan net worth in 2023 Career & Relationship

Estimated value: €1.7 billion
Age: 59
Born: 02/17/1963
Country of origin: United States of America
Source of Wealth: former basketball player, entrepreneur
Last updated: 2021

Short introduction

Michael Jeffrey Jordan is a former basketball player who set numerous records in the US professional league NBA. In addition to his sporting career, he is an entrepreneur, the face of various brands and majority owner of the Charlotte Hornets. Michael Jordan brought the sport of basketball to new popularity in the 90s and generated billions of dollars in sales. He is called the greatest basketball player of all time. Jordan retired from basketball several times and played golf and baseball in between. However, he always returned to “his” sport.

early life

Michael Jordan was born in New York, specifically in Brooklyn. However, he grew up with his four siblings in a small town in North Carolina. The working-class family did not offer a luxurious environment in which to grow up. His father implored him to work hard and not roam the streets and mingle with bad company.

His father recognized his son’s talent early on. He encouraged him to train and by the age of ten Micheal was being coached by a professional trainer. In 10th grade, however, he failed to make the Laney High School basketball team. Undeterred, he trained hard and was accepted into the team the following year.

The success of his hard training was not long in coming. Talent scouts soon became aware of him. As is usual in America, he was quickly offered various sports scholarships. In 1981 he decided to go to University in North Carolina. There he was able to draw attention to himself in the first year and secure his place in the regular team.

Under coach Dean Smith, Michael Jordan developed into a top performer on the team. He achieved outstanding individual performances, but could not make a decisive contribution to the rise of his team Tar Heels. After those experiences in the junior season, Michael Jordan was able to gain a foothold as an NBA draft. The hitherto unsuccessful club Chicago Bulls took him on to their team. This laid the foundation of his NBA career.


In the first season, Michael Jordan was already able to win the title “Rookie of the Year”. With his outstanding performances, he managed to get his club into the playoffs. However, they could not assert themselves there this year. After a serious injury, Micheal Jordan was unable to play almost the entire second season. However, when he returned to the field, he again played his team into the playoffs. Again they lost in the first round. However, that game also saw Jordan set the record for playoff points in a game with 63 points.

The next season was even more successful. Jordan was able to score over 3000 points. He led the NBA’s top scorer list. However, the Chicago Bulls’ overall performance was not as successful. Nonetheless, Jordan was voted the NBA’s “Most Valuable Player” in 1988. In the same year, Jordan won the title of the NBA All-Star Games, as well as the Slam Dunk Contest for the second time. His spectacular style and style of play at the basket earned him the nicknames “Air Jordan” and “His Airness”.

The income from advertising contracts, especially with his outfitter Nike, brought in large sums of money for Michael Jordan. The “Air Jordan” shoe line, named after his nickname, is still released annually today and is a globally successful line of sports shoes.

In the early 90s, Jordan was able to build on his successes. Numerous records lined his sporting career. In 1991, the Chicago Bulls finally had the long-awaited success and they were able to win the championship for themselves.

The Bulls also won the championship in 1993, and Michael Jordan was also instrumental in the success.

After this success, Jordan announced his retirement from professional basketball. He wanted to fulfill his father’s dream and become a professional baseball player. In the following years he was active as a baseball player, but with rather mediocre success.

After that brief interlude, he announced his return to the Chicago Bulls and basketball in 1995 with the short phrase “I’m back.” Other titles and successes followed.

In 1995 he retired again from professional sports. As manager of the Washington Wizards, however, he remained true to basketball. With this team, Michael Jordan returned to basketball again for the 2001-2003 seasons. At the age of 40 he finally resigned.

He donates his annual salary of one million US dollars to the families of the victims of the terrorist attacks of September 11th.

Career highlights

Michael Jordan was able to take part in the Olympic Games twice and win the gold medal with the team. The 1.98 m tall Jordan received the title of the NBA’s most valuable player five times.

He was able to win the championship title six times with the Bulls. In 2009, Michael Jordan was inducted into the Naismith Memorial Basketball Hall of Fame. He was also able to achieve countless titles, records and awards in basketball.

Michael Jordan also found great success as an actor in the movie Space Jam, playing himself, earning millions of dollars. His clothing brand Jordan Brand also generates a large sum every year. He is also the majority owner of the Charlotte Hornets.

Famous quotes

“Some want it, some wish it and some make it happen.”

“Always turn a negative situation into a positive situation.”

“I believe that if you work hard for something, results will come.”

tips for success

Michael Jordan’s secret to success is determination and hard work. His attitude is that he turns his weaknesses into strengths through hard work. For example, Jordan always recommends strengthening and perfecting the fundamentals because if you practice the wrong technique, you will only manifest the wrong technique. Therefore, it makes more sense to perfect the basics in order to improve.

Don’t be put off by obstacles either. Everyone faces it in their life. However, it is important not to be discouraged by this, but to look for ways and means of overcoming these walls, going through them or bypassing them.

In this way, Michael Jordan was able to develop into one of the richest men in the USA and meanwhile call a billion Net Worth his own.

Estimated value: €1.7 billion