Inside Michael Jordan's $60,000,000 Mansions

for those who have been living on a different planet in recent decades michael jordan is one of the most famous athletes of all time when playing for the chicago bulls he won six nba titles and every award that existed he is considered by most to be the greatest player that ever graced a court a true all-star both on and off the court michael jordan transcended his sport to become one of the icons of the 80s and 90s however jordan's nba salary only earned him a grand total of about 90 million dollars he's close to being worth 2 billion today so where does all that extra money come from well his endorsements make up a significant chunk his relationship with nike remains particularly lucrative and reportedly earns him as much as 100 million a year in royalties companies such as gatorade coca-cola chevrolet and numerous others have all capitalized on jordan's popularity at one point or another while some continue to do so this all helps with the net worth another major contributor to jordan's net worth is his ownership stake in the charlotte hornets the hornets are currently valued at around 1 billion dollars and jordan owns over 90 percent of the team so this represents a significant amount of the 2 billion net worth jordan also oversees a mini restaurant empire which includes high-end eatery florida's 1000 north michael jordan's restaurant in a suburb of chicago and his steakhouse franchise with locations in chicago connecticut and washington this and his other business ventures can explain why despite being the best player in the nba his salary doesn't even come close to his investments but how does he spend his huge fortunes on huge houses of course among other things so let's look at what the basketball legend spends his money on before we start make sure to subscribe to our channel and comment down below to give your opinions on michael jordan's mansions in the chicago suburbs jordan owns a giant 7.39 acre 56 000 square foot property with an infinity pool putting green tennis court and a colossal 32 000 square foot home the house features 9 bedrooms 19 bathrooms and a giant 23 welded into the gate of the driveway just to remind everyone which number the basketball star had on his jersey during his playing days if you thought that was impressive wait until you hear the extra features it has a full court basketball gym complete with a signature jumpman logo at the center court surrounded by jordan's children's names also a pond multiple lounges and media rooms a fully stocked bar and a modern open space design famously fond of cigars jordan also installed a room bespoke for smoking them along with customized card tables not only this but the doors of the game room came from the original playboy mansion in chicago all this makes the place a shrine to the sports star's triumphs but unfortunately all of this customization has made the property difficult to shift the mega property has been on the market since 2012 and currently has a price tag worth 29 million dollars despite this massive price tag taking into account all the work he's done on it jordan will undoubtedly take a major loss on the investment if and when he does find a buyer but for now jordan doesn't need to rush as he's living it up in his current abode these days michael jordan spends most of his time in jupiter florida as opposed to space his 13 million dollar mansion in florida was completed in 2013 after 18 months of construction the space is of course a massive 26 299 square feet with 18 separate roof lines to create a home within a home look the architecture is super modern and includes 11 bedrooms and 11 and a half bathrooms and just like in chicago has a cigar room a full-sized basketball gym as well as a guard house a guest house and a pool house the property is located in the heavily secluded bears club an enclave known for its high-profile golf-loving residence complete with a course designed by golfing legend jack nicholas the land purchase cost the nba star around 5 million dollars with 7 million dollars in construction costs for jordan's signature customization it's not only the homes he lives in that mj owns when michael just wants to get away from it all he goes to the ski haven park city utah where he owns yet another mansion this one with a price tag of 7.5 million dollars the home has just the five bedrooms and eight bathrooms plus breathtaking views of the wasatch mountains its interior features include winding staircases and high ceilings for luxury extras the mansion offers an infinity pool a full gym and a private theater with stadium seating if that wasn't enough for a holiday home it also features cascading waterfalls built-in fireplaces and of course a golf room it makes you wonder why jordan would sell such a beautiful home from holiday home to hometown house now as we explore jordan's home state north carolina is where it all started for mj and it only has one nba team the charlotte hornets which he owns he also owns a lakefront villa in cornelius on lake norman which he purchased for close to three million dollars in 2013. the home includes six bedrooms and is located as you would expect now on the peninsula golf course a luxury country club this property is 22 miles from the spectrum center where the hornets play their home games for a nice easy commute to see his team the home itself is 12 301 square feet with an outdoor pool and a private dock with lake access if michael doesn't fancy taking a drive to the spectrum center mj's portfolio also includes a luxury condominium walking distance from the arena in fact the space makes up the whole 7th floor penthouse at the trust condos equaling about seven thousand square feet the building is a refurbished modernist structure with elements of japanese architecture for a bit of relaxation there's a roof terrace with a glass canopy for private sunbathing an outdoor kitchen and 360 degree views of the city all this for a relatively cheap 1.6 million dollars well cheap for mj anyway these are mj's impressive property portfolio and they total a huge 60 million dollars but how does he get between them of course he's going to need some luxurious transport away from his homes jordan likes to travel in style first up is his private jet a golf stream g550 that bears the jumpman logo and a call sign n236mj featuring his jersey number the number of championship titles and his initials this set him back 61 million dollars he's also known to charter a 230-foot yacht called mr terrible which hosts eight cabins in a full-sized basketball court among other things he might not own this particular monster but at 80 million dollars for the whole thing we don't doubt that the deposit on it probably cost more than most people's houses and we haven't even got to his cars yet he has a whole garage full of super cars and here are a few debuting in 2004 he owns the db9 as the predecessor of the aston martin db7 which jordan also owned the volante is the convertible variant the db9 volante is equipped with 470 horsepower and can accelerate from zero to 100 kilometers per hour in just 4.7 seconds and can reach top speeds of up to 300 kilometers an hour at the time of its release the db9 vallante would set you back 200 000 mj also owns one of the cars in the original hyper car trinity the mercedes-benz slr mclaren the 722 version is a special edition of the slr which also includes a modified slr engine that generates a power output of 641 horsepower at the time of its release the slr 722 was priced at about half a million dollars today however listings for used 722 models are priced right around 1.2 million dollars it seems fitting that one of the most celebrated athletes of all time also owns one of the most iconic cars of all time the porsche 911 was first introduced in 1963 as a two-door high-performance car with a rear-mounted engine throughout his nba run jordan has owned the 930 964 and 993 models of the 911. the air jordan vi sneakers also borrows its design from jordan's porsche a base model porsche 911 would cost you around 90 thousand dollars today and that about does it for this video i hope you all enjoyed it make sure to subscribe and hit the notification bell to make sure you never miss a video from us

Channel: King Luxury

Views: 1,017,138

Keywords: michael jordan, michael jordan real estate porfolio, michael jordan mansions, how michael jordan spends his money, real estate, nba players mansions, basketball players mansions, nba players houses, the houses of nba players, michael jordan mansion, michael jordan house, luxury real estate video, michael jordan mansion 2020, inside michael jordan mansion

Id: aNBXa0O5PsA

Length: 8min 10sec (490 seconds)

Published: Thu Oct 08 2020