While Michael Jordan is one of the most decorated basketball players in history, he is also one of the sport’s few billionaires.
According to the Chicago Sun-Times, Jordan has a net worth (as of 2021) of $1.6 billion. While that’s far from a shabby number, the outlet points out that that it’s still a $500 million drop from what his net worth was in 2020. And the reason behind the drop? The GameStop saga.
“Two years ago, Jordan — the majority owner of the Hornets since 2010 — sold a minority share of the Hornets to two investors. One of them was Gabe Plotkin, founder and chief investment officer of Melvin Capital, a hedge fund that required billions in additional cash after incurring major losses due to a short squeeze of GameStop stock by groups of retail investors,” the outlet reported.
Despite this hit, Michael Jordan still isn’t suffering by any means. During his career, his salary totaled $90 million. He’s involved with the DraftKings, he’s a NASCAR team co-owner, and his deal with the Charlotte Hornets netted him a $1.5 billion payday. He’s also earned nearly $2 billion in endorsements from companies like Gatorade, Nike, and Hanes.
In a nutshell, he’s the GOAT of basketball, and the GOAT of the business of basketball.
Today, though, his children are in the news because Jordan’s daughter, Jasmine, reportedly revealed she recently became a married woman. Jasmine had been dating Rakeem Christmas since they first met at Syracuse University, and they became engaged in 2018. A year later, the pair welcomed their son, Rakeem Michael Christmas — who is also Jordan’s first grandchild! But in a recent Instagram story, Jasmine’s huge engagement ring was paired with what looked like a wedding band, leading people to believe that she was now married.
Though Jasmine hasn’t confirmed or denied the rumors, she’s certainly successful in her own right. And success is a family tradition! Let’s take a look at what Michael Jordan’s children are up to today and how they’re keeping his billion-dollar legacy alive.
Jeffrey Jordan is the oldest son of Michael Jordan and his first wife, Juanita Vanoy. Initially, the eldest Jordan child went into college basketball, according to The Washington Post. He went to the University of Illinois to play basketball for three seasons and then transferred to the University of Central Florida in 2010 — but, today, he works at Nike for the Jordan brand of shoes. He’s also the co-founder of Heir Jordan (which focuses on investment and philanthropy) and Jordan Avakian Group, or JAG (which focuses on mentoring and investing with sports/entertainment startups).
Like his father and older brother, Marcus Jordan got his start in basketball. Today, however, he runs The Trophy Room, which was inspired by his father’s own trophy room, and sells Jordan-inspired memorabilia.
Jasmine Jordan was born on Dec. 7, 1992. She’s the youngest child of Jordan and his first wife, Juanita Vanoy. She attended Syracuse University, where she met basketball player Rakeem Christmas. They have a son, Rakeem Michael Christmas, who is Jordan’s first grandchild. She works for the Nike Jordan brand with her older brother, Jeffrey, and is also working as a publicist and media coordinator for the Charlotte Hornets.
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Victoria & Ysabel Jordan
Victoria and Ysabel Jordan are the identical twin girls of the legendary basketball player and his second wife, Yvette Prieto. Their birth was confirmed on Feb. 14, 2014 — making them seven-years-old as of this writing. Unsurprisingly, there’s not much information about their net worth out there.