There’s a reason Michael Jordan is generally considered the GOAT — and part of it has to do with his enviable net worth.

Having led the Chicago Bulls to dynastic success throughout the 90s, squaring away six NBA championships over the span of two legendary three-peats, collected a few Olympic gold medals with the Dream Team, and casually changed the entire game as we know it along the way… you’d think his accomplishments as a professional athlete alone would’ve been enough to satisfy His Airness.

But clearly, that isn’t the cloth from which MJ is cut. And with a taking-it-personal mentality that transcended the basketball court and filtered its way into the boardroom, he now has a staggering ten-figure fortune to show for it. A fortune, it’s worth adding, that simply refuses to stop growing.

What Is Michael Jordan’s Net Worth?

NOTE: All $$$ = USD (not adjusted for inflation)

According to Forbes, Michael Jordan’s net worth is now approximately $3 billion.

His latest bump is owned to the sale of his majority stake in the Charlotte Hornets at an eye-watering $3 billion valuation.

While Jordan was the first former NBA player to hit billionaire status, the honour of being the first active NBA player to hit billionaire status belongs to LeBron James, who joined this rarefied company in 2022.

Although we’re sure His Airness won’t really mind the semantics outlined above. Especially considering he’s now the first-ever professional athlete to rank among The Forbes 400 rankings.

“Michael’s one of the few people that have had success three times,” said Ted Leonsis, owner of the Washington Wizards, Mystics, and Capitals owner. Leonsis has partnered with Jordan on multiple investments and sports ownership to date.

“A lot of entrepreneurs, they make it once. They have a big win, take their winnings, retire and [we] never hear from them again, or they try something a second time and it doesn’t work. He’s had three mega successes.”

On-Court Earnings

In stark contrast to LeBron James — who is actually the highest-paid player in NBA history (cumulative earnings) — the paycheques Michael Jordan cashed during his time with the Chicago Bulls and the Washington Wizards are rather negligible in the grand scheme of his net worth.

The #3 draft pick was paid $555,000 in his rookie season, along with a $100,000 signing bonus. Eventually, during his final two seasons with the Bulls, he’d command a salary that more closely resembled the contracts of present-day superstars.

All up, Michael Jordan’s career earnings as a professional basketball player totals just $93,877,500.