Michael Jordan is considered to be the greatest professional basketball player of all time playing in 15 National Basketball Association seasons. In that time he won 6 NBA championships, 5 MVP awards, ten scoring titles, the 1988 NBA Defensive Player of the Year Award, and also 2 gold medals in the Olympics (1984 in L.A. and 1992 in Barcelona). This is just to name a few accomplishments in his basketball career. 

During his NBA career, Michael Jordan earned $93.7 million in total salary. He earned another $1.7 billion from endorsements through corporate partners. Michael Jordan still earns $100 million an average each year from paid endorsements. His businesses partners include Nike, Hanes, Gatorade, and Upper Deck.

Michael Jordan is now the principal owner of the NBA Charlotte Hornets. He purchased a majority stake in the Charlotte Hornets in 2010 for $175 million. He sold a minority stake in the team in September 2019 setting the new team valuation at $1.5 billion.

He became a billionaire through his ownership stake in this National Basketball Association team. 

He first became a billionaire in 2014. He first topped $2 billion for the first time this year 2020.

Michael Jordan’s current net worth is approximately $2.1 billion as of July of 2020. 

Current michael jordan net worth

DOD photo by D. Myles Cullen / Public domain

By Steve Burns

After a lifelong fascination with financial markets, Steve began investing in 1993 and trading his accounts in 1995. It was love at first trade. After more than 30 successful years in the markets, Steve now dedicates his time to helping traders improve their psychology and profitability. New Trader U offers an extensive blog resource with more than 4,000 original articles, online courses, and best-selling books covering various topics.