1. Biography

Michael Jeffrey Jordan is a former basketball star and entrepreneur who was born on February 17, 1963 in Brooklyn, New York. Although born in New York, Jordan grew up in Wilmington, North Carolina with his four siblings, mother Deloris and father James. In September 1989, he married Juanita Vanoy. The two have three children together: Jeffrey Michael, Marcus James and Jasmine. The couple filed for divorce in 2002, but decided to reconcile their differences shortly after. Their divorce was then finalized on December 29, 2006. Jordan married his long-time girlfriend Yvette Prieto, a Cuban-American model, on April 27, 2013.

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2. Income & Salary

Throughout his career in basketball, Michael Jordan led the Chicago Bulls to six NBA titles. He has been voted the Finals MVP six times and has scored more points per game (30.1 points on average) than any other player in history. Jordan was 14-time All-Star and was named one of the 50 greatest players in NBA history in 1996. Shortly after being drafted by the Chicago Bulls in 1984, Jordan signed a deal with Nike to create the Jordan Brand. This five year deal was worth $500,000 annually, not including royalties. It is estimated that Michael Jordan earned approximately $90 million from his NBA salary. The vast majority of that those earnings came from his last two years as a Chicago Bulls star where he earned approximately $30 million each year.

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3. Estimated Net Worth

Today, MJ is estimated to be worth nearly $600 million. His royalties from the Nike brand earn him nearly $60 million each year, and the brand continues to generate more than $1 billion in sales each year. In addition, MJ continues to receive royalty checks from other career endorsements deals. Michael also has an 80% stake in the Carolina Bobcats, which is expected to surge his earnings in coming years. Experts estimate that Michael Jordan earned nearly $80 million in 2012 and is expected to sustain those earnings in 2013.

How much is Michael Jordan’s Net Worth? $600 Million!