He’s one of the most iconic, famous, and popular basketball players of all time. And with almost a two-billion-dollar fortune to his name, he’s also one of the richest. With record-breaking figures pouring out of his Nike Jordans and crisp dollar bills raining down on his diamond-encrusted Rolexes, Michael Jordan doesn't seem to have spent much of his career worrying over his purse strings. Here’s a look at how an NBA superstar earned and spent his billions.
The wealthiest of them all
Incredibly, Jordan is still earning more per annum than any other basketball player past or present. In fact, only a fraction of his fortune was accrued during his NBA career. Jordan raked in a total of $90.2 million while playing but has amassed ten times that from other ventures. That includes an astonishing $100 million per year from Nike. But how did he get there, and what are some of the most lavish things he's blown his staggering earnings on?
Brooklyn born and bred
It all started in Brooklyn, New York, in 1963, with Jordan’s hoop dreams taking root when he was just a teenager. He later became the star of his high school basketball side and after growing several inches made it into the McDonald’s All-American Team. But did young MJ have any idea just how many extra zeroes would be in his bank account back when he was recruited on a basketball scholarship by the University of North Carolina in 1981?
A star from the start
Based on just how many zeroes we're talking about, it's unlikely! And clearly, Jordan's choice to drop out of university a year before he was due to graduate hasn't impacted his wealth or success. Selected by the Chicago Bulls in the 1984 NBA Draft, Jordan wasted little time in making an impression. Some of his first steps into the world of money and fame came when he graced the cover of Sports Illustrated in his first month as a professional. Jordan also went on to be selected for the All-Star team during his debut season, but that was only the start.
Record after record
It seemed as though Jordan just couldn’t stop breaking records from there on in. He scored the highest points total ever by a single player in a playoff game against the Boston Celtics. In addition, he was just the second player to score 3,000 points in a single season. And, even more impressively, he became the only player ever to notch up 100 blocked shots and 200 steals in just one season. His success, it seemed, was unstoppable...