Michael Jordan Net Worth

Michael Jordan net worth: Former American professional basketball player, active businessman, and majority owner of the Charlotte Bobcats, Michael Jordan has an estimated net worth of $500 Million as of September 2010 according to Forbes Magazine’s Billionaires In The Making. The former Chicago Bulls wonder earned $93 million in salary during his playing career. Most of his fortune now derives from endorsement deals with his biggest sponsor, Nike; he raised his stake in the NBA’s Charlotte Bobcats to 80% in 2010. Michael Jordan, arguably the greatest basketball player of all time, could also be seen as the most entrepreneurial sports star of his day.

Perhaps most famous is his hugely lucrative endorsement deal with Nike that led to the creation of the iconic Air Jordan trainers – according to Forbes magazine, Brand Jordan remains a $1 billion sales business for the sports manufacturer. He’s also negotiated big sponsorship deals with the likes of Gatorade, Coca-Cola and McDonald’s, as well as starring alongside Bugs Bunny in his own Looney Tunes film, Space Jam. Jordan was born; February 17, 1963 in Brooklyn,New York.

Michael Jordan’s Career Salary:
1984-85 Chicago Bulls $550,000
1985-86,Chicago Bulls $630,000
1986-87 Chicago Bulls $737,500
1987-88 Chicago Bulls $845,000
1988-89 Chicago Bulls $2,000,000
1989-90 Chicago Bulls $2,250,000
1990-91 Chicago Bulls $2,500,000
1991-92 Chicago Bulls $3,250,000
1992-93 Chicago Bulls $4,000,000
1993-94 Chicago Bulls $4,000,000
1994-95 Chicago Bulls $3,850,000
1995-96 Chicago Bulls $3,850,000
1996-97 Chicago Bulls $30,140,000
1997-98 Chicago Bulls $33,140,000
2001-02 Washington Wizards $1,000,000
2002-03 Washington Wizards $1,030,000
Total Career Salary: $93,772,500