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Michael Jordan Net Worth

What Is Michael Jordan Worth?

Michael Jordan's Net Worth is $1.24 billion

1985-1992
In 1985, he finished his bachelor’s degree in geography and continued to play basketball professionally. While his second season was marred by injury, Jordan was breaking new ground on the court during the 1986-1987 season. He became the first player since Wilt Chamberlin to score more than 3,000 points in a single season. The following season, Jordan received his first Most Valuable Player Award from NBA- an honor he would earn four more times in 1991, 1992, 1996, and 1998

n 1992, the Chicago Bulls beat the Portland Trail Blazers to win their second NBA championship. The team took their third championship the following year, dominating in the basketball world. Jordan, however, had other things on his mind. He lost his father, James, to an act of violence after the end of the 1992-93 season. Two teenagers shot James Jordan during an apparent robbery and were later convicted of the crime. In a move that shocked many, Michael Jordan decided to retire from basketball to pursue baseball. He played for a minor league team, the Birmingham Barons, as an outfielder for a year.

1995-2003
In March 1995, however, Jordan returned to the basketball court. He rejoined the Chicago Bulls and eventually helped them win the championship against the Seattle Sonics in the 1995-96 season. That same year, Jordan made a big splash in another arena—film—as the star of Space Jam (1996). The film mixed live action and animation and paired Jordan with cartoon legends Bugs Bunny and Daffy Duck on screen.

Retiring after the 1997-98 season, Jordan did not stray from the sport for too long. He joined the Washington Wizards as a part owner and as president of basketball operations. In the fall of 2001, Jordan relinquished these roles to return the court once more. He played for the Wizards for two seasons before hanging up his jersey for good in 2003.

2006 – present
In 2006, Jordan bought a share of the Charlotte Bobcats and joined the team’s executive ranks as its managing member of basketball operations. He experienced some personal changes that same year, ending his 17-year marriage to wife Juanita Vanoy. The couple divorced in December 2006. They had three children together during the course of their marriage: Jeffrey, Marcus and Jasmine.

In April 2009, Jordan received one of basketball’s greatest honors: He was inducted into the Naismith Memorial Basketball Hall of Fame.

In 2016, Jordan was presented with a Presidential Medal of Freedom honor by Barack Obama.

Michael Jordan Biography

Michael Jeffrey Jordan, also known by his initials, MJ, is an American retired professional basketball player, businessman, and principal owner and chairman of the Charlotte Hornets.

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Michael Jordan Instagram

Follow @jumpman23 on Instagram.

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