Billionaire Profile
Michael Jordan
Global Rank
#1032

Image: Public domain | via Wikimedia Commons

Michael Jordan

CEO, Charlotte Hornets
US
Real-Time Net Worth
$3.8B
As of December 2025
Age
62
Source
Charlotte Hornets, endorsements
Industry
sports
Citizenship
US

Biography

Michael Jordan, widely regarded as one of the greatest basketball players of all time, has built an empire that extends far beyond the court. With a current estimated net worth of $3.8 billion, Jordan's wealth stems from his legendary NBA career, lucrative endorsements, and successful business ventures, most notably his long-standing partnership with Nike and his ownership of the Charlotte Hornets. His career was marked by six NBA championships with the Chicago Bulls, five MVP awards, and numerous scoring titles, solidifying his status as a global icon. Beyond his athletic achievements, Jordan has demonstrated exceptional business acumen, making strategic investments and building a brand that continues to thrive.

Wealth Over Time

In-Depth Profile

Early Life

Michael Jeffrey Jordan was born on February 17, 1963, in Brooklyn, New York. His family moved to Wilmington, North Carolina, when he was a toddler. Jordan's competitive spirit developed early, fostered by a close relationship with his father and a love for both baseball and basketball. He attended Emsley A. Laney High School in Wilmington.

Rise to Success

Jordan's basketball career took off at the University of North Carolina at Chapel Hill, where he made the winning shot in the 1982 NCAA national championship game. He left college after his junior year and was drafted by the Chicago Bulls in 1984. He quickly became a star, leading the league in scoring and earning the Rookie of the Year award in his first season. Despite a temporary retirement, Jordan returned to the Bulls and led them to six NBA championships. His unparalleled skill, competitive drive, and ability to perform under pressure earned him the nicknames “Air Jordan” and “His Airness”.

Key Business Strategies

Jordan's success extends to his business ventures, particularly his partnership with Nike, which launched the iconic Air Jordan brand. In 2010, he became the majority owner of the Charlotte Hornets, and later sold his stake in 2023. He also has significant endorsements with various brands, and is involved in other business endeavors, including 23XI Racing.

Philanthropy

Jordan is known for his philanthropic efforts, including his donations to Make-A-Wish America and involvement with the Special Olympics.

Career Milestones

1984

Drafted by the Chicago Bulls

Selected as the third overall pick in the NBA draft.

1985

NBA Rookie of the Year

Averaged 28.2 points, 6.5 rebounds, and 5.9 assists per game.

1987

First NBA Scoring Title

Won his first of ten scoring titles, averaging 37.1 points per game.

1988

NBA Defensive Player of the Year

Also won his first NBA MVP award.

1991-1993

First Three NBA Championships

Led the Chicago Bulls to three consecutive NBA titles.

1996-1998

Second Three NBA Championships

Led the Chicago Bulls to a second three-peat.

2009

Inducted into the Naismith Memorial Basketball Hall of Fame

Recognized for his outstanding contributions to basketball.

2010

Became Majority Owner of Charlotte Hornets

Became the first former player to become the majority owner of an NBA team

2016

Presidential Medal of Freedom

Awarded by President Barack Obama.

2023

Sold Majority Stake in Charlotte Hornets

Sold his majority stake in the Charlotte Hornets for $3 billion

Philanthropy & Social Impact

Various

Donations to Various Charitable Organizations

$100M+

Significant contributions to different organizations

Charitable

Make-A-Wish America

Undisclosed

Jordan has supported Make-A-Wish America through various donations

Charitable

Special Olympics

Undisclosed

Jordan has supported Special Olympics through various donations

Business Philosophy & Leadership

Notable Quotes

"“I can accept failure. Everyone fails at something. But I can't accept not trying.”"

"“Talent wins games, but teamwork and intelligence win championships.”"

"“Obstacles don't have to stop you. If you run into a wall, don't turn around and give up. Figure out how to climb it, go through it, or work around it.”"

"“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.”"

Leadership Principles

Focus on Winning

Maintained a singular focus on winning in every practice and game.

Leading by Example

Set high standards and expected excellence from teammates.

Inspire Others

Inspired those around him to reach their full potential.

Embrace Resilience

Demonstrated resilience in the face of setbacks.

Teamwork

Understood the importance of teamwork and lifted his teammates.