Capital: € 1.7 billion
Age: 57
Born: February 17, 1963
Country of origin: United States of America
Source of wealth: former basketball player, entrepreneur
Last updated: 2023

Short introduction

Michael Jeffrey Jordan is a former basketball player who has set numerous records in the US professional league NBA. In addition to his sporting career, he acts as an entrepreneur, advertising face of various brands and majority owner of the Charlotte Hornets. Michael Jordan gave basketball a new popularity in the 1990s and generated billions of dollars in sales. He is said to be the best basketball player ever. Jordan resigned from basketball several times and played golf and baseball in between. However, he always returned to “his” sport.

Early life

Michael Jordan was born in New York, more precisely in Brooklyn. However, he grew up with his four siblings in a small town in North Carolina. The working class family did not offer a luxurious environment to grow up in. His father urged him to work hard and not to hang out in the street and get into bad company.

His father recognized his son’s talent early on. He encouraged him to train and at the age of ten Micheal was trained by a professional trainer. In 10th grade, however, he failed to join the Laney High School basketball team. However, he was not discouraged, trained hard and was accepted into the team the following year.

The success of his hard training was not long in coming. Talent scouts soon became aware of him. As was customary in America, he was quickly offered various sports grants. In 1981 he decided to go to the University of North Carolina. There he was able to draw attention to himself in the first year and secure his place in the core team.

Under the coach Dean Smith, Michael Jordan developed into a top performer of the team. He achieved outstanding individual performances, but could not make a decisive contribution to the rise of his team Tar Heels. After these experiences in the junior season, Michael Jordan was able to gain a foothold as an NBA draft. The previously unsuccessful Club Chicago Bulls added him to his team. This laid the cornerstone of his NBA career.


In the first season, Michael Jordan was already the “Rookie of the Year”, newcomer of the year. With his outstanding performances, he managed to play his club in the playoffs. However, they could not assert themselves there this year. After a serious injury, Micheal Jordan was unable to play for most of the second season. However, when he returned to the field, he played his team again in the playoffs. Again they lost in the first round. In this game, Jordan also set the record for playoff points in a game with 63 points.

The next season was even more successful. Jordan scored over 3000 points. He topped the NBA’s top scorer list. However, the Chicago Bulls’ overall performance was not as successful. However, in 1988 Jordan was voted the NBA’s “Most Valuable Player”. In the same year Jordan won the title of the NBA All-Star-Game and the Slam Dunk Contest for the second time. His spectacular manner and style of playing on the basket earned him the nicknames “Air Jordan” and “His Airness”.

The income from advertising contracts, especially with his outfitter Nike, brought Michael Jordan large sums. The “Air Jordan” shoe line, named after its nickname, is still released annually and is a globally successful sports shoe line.

Jordan was able to build on his successes in the early 1990s. Numerous records lined his athletic career. In 1991, the Chicago Bulls’ longed-for success finally came and they won the championship for themselves.

The Bulls won the championship again in 1993, and Michael Jordan played a key role in the success here too.

After this success, Jordan announced his exit from professional basketball. He wanted to fulfill his father’s dream and become a baseball professional. In the following years he was active as a baseball player, but with rather moderate success.

After this brief interlude, in 1995 he announced his return to the Chicago Bulls and basketball with the short words “I’m back”. Other titles and successes followed.

In 1995 he retired from professional sports again. As manager of the Washington Wizards, however, he remained loyal to basketball. With this team Michael Jordan returned to basketball for the seasons 2001-2003. At the age of 40, he finally resigned.

He donated his $ 1 million annual salary to the survivors of the victims of the September 11 terrorist attacks.

Career highlights

Michael Jordan participated twice in the Olympic Games and won the gold medal with the team. The 1.98 m tall Jordan received the title of most valuable player in the NBA five times.

He won the championship title six times with the Bulls. In 2009 Michael Jordan was inducted into the Naismith Memorial Basketball Hall of Fame. Furthermore, he was able to achieve countless titles, records and awards in basketball.

Micheal Jordan also had great success as an actor in the film Space Jam, playing himself, and making millions of dollars. His brand Jordan Brand also makes a large sum every year. He is also the majority owner of Charlotte Hornets.

Famous quotes

“Some want it, some want it and others make it happen.”

“Always turn a negative situation into a positive situation.”

“I believe that results come when you work hard for something.”

Success tips

Michael Jordan’s secret of success is determination and hard work. His attitude is that he turns his weaknesses into strengths through hard work. For example, Jordan always recommends strengthening and perfecting the basics, because if you practice with the wrong technique, you would only manifest the wrong technique. Therefore, it makes more sense to perfect the basics in order to improve.

One should not be put off by obstacles either. Everyone will be faced with it in his life. However, it is important not to be discouraged by this, but to look for ways and means to overcome these walls, to walk through them or to bypass them.

In this way Michael Jordan was able to develop into one of the richest men in the USA and meanwhile own a billion-dollar fortune.


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