Many fans are curious about Michael Jordan's financial success in April 2026. Our team analyzed the latest data to provide a clear picture of their income.

What is Michael Jordan's net worth?

Michael Jordan is a retired American basketball player, team owner, product endorser, and entrepreneur who has a net worth of $3.6 billion. Michael Jordan is still, quite possibly, the most popular basketball player on the planet. Michael Jordan is the player and person against which all other up-and-comers are measured. The press is forever searching for the "next Michael Jordan," and every season, a new player is crowned (or saddled) with the title. In the meantime, Michael Jordan continues to enjoy his semi-retirement, his multiple endorsement and development deals, and his reputation as the greatest basketball player of all time.

"I've missed more than 9,000 shots in my career. I've lost almost 300 games. Twenty-six times, I've been trusted to take the game-winning shot…and missed. I've failed over and over and over again in my life. And that is why I succeed."

Even with endorsements and salaries, Michael actually achieved billionaire status thanks to his ownership stake in the Charlotte Hornets NBA team. He bought a majority stake in the team in 2010 for $175 million.Michael first officially achieved billionaire statusin June 2014 after it was first learned that he had increased his ownership stake in the team, which was then known as the Bobcats, to 89%. In 2019, he sold a minority portion of his stake to an investment group in a transaction that valued the team at $1.5 billion. In 2023, he sold his majority stake in the franchise. We will outline this investment in greater detail later in this article.

After taxes, divorce settlements, and other lifestyle costs, Michael's net worth in 2006 was around $450 million. That same year, he bought a minority stake in the Charlotte Bobcats NBA team. At the time, he was the team's second-largest individual owner behind BET founderRobert L. Johnson. In 2010, Michael paid $175 million to buy out Robert's stake in the team. With this transaction, Michael owned 80% of the team.

In June 2014, it was revealed that Michael had increased his ownership stake again, this time from 80% to 89.5%. At the time, the newly renamed Hornets had recently been valued at $500 million, with $135 million worth of debt. Around this time, the Clippers, which had recently been valued at $500 million, sold for $2 billion. Assuming the Hornets at this point were actually worth $600 million, that meant Michael's stake after debt was worth $416 million, which, when combined with his $600 million outside fortune, made Michael Jordan a billionaire for the first time with a net worth of $1.016 billion.

How and When Michael Jordan Became A Billionaire

Jordan led theChicago Bullsto 6 NBA championship titles. He is a five-time league MVP. He holds the record for the highest career scoring average of all time and was inducted into the Hall of Fame on September 11th, 2009.

In 2019, Michael sold a small piece of his stake to hedge fund managers Gabe Plotkin and Daniel Sundheim at a valuation of $1.5 billion.

During his career and in the years since retirement, Michael has consistently been one of the highest-paid celebrity endorsers. To date, he has earned well over $2 billion from endorsement deals. And even though he has not played basketball professionally in nearly two decades,Michael earns $300-400 million per yeartoday from endorsements and various other business ventures. Please note that this is more in a single year than he earned from his salary in 16 NBA seasons. Michael earns at least $60 million every year from Nike/Jordan brand royalties alone.

As you probably know, Michael did not earn billionaire status thanks to his NBA salary. During his NBA career, Michael earned atotalof $93.7 million in salary. For comparison, by the timeLeBron Jamesretires, he will have earned over $500 million in NBA salary. Michael Jordan was highly paid for the NBA at the time, but he missed out on the mega contracts that came in the decades after his retirement. Michael was the first athlete in history to earn over $30 million per year in salary. He accomplished that feat during the 1996-1997 season when he earned $30.14 million in base salary. The following season, he earned $33.14 million. After adjusting for inflation, that's the same as earning $53.4 million today.

In summary, the total wealth of Michael Jordan reflects strategic moves.

Disclaimer: All net worth figures are estimates based on public data.