Michael Jordan spends more on charity every year than he did for a customized yacht and a Bugatti combined

  • Michael Jordan has bought countless extravagant items in his lifetime
  • This includes an $80 million superyacht and an ultra-rare Bugatti
  • He has, however, spent more than all of his assets combined on philanthropy

Published on Jan 09, 2024 at 6:44 PM (UTC+4)
by Andie Reeves

Last updated on Jan 11, 2024 at 1:08 PM (UTC+4)
Edited by Adam Gray

Michael Jordan spends more on charity every year than he did for a customized yacht and a Bugatti combined

Michael Jordan is famous for balling both on and off the court.

He’s prone to spending lavishly, with a fleet of enviable cars, superyachts and multiple properties to his name.

But his charitable donations are incredibly generous, surpassing the value of his most expensive assets.

READ MORE: Conor McGregor targeting Michael Jordan’s net worth to become world’s richest sports star

While he loves to give back, Michael Jordan certainly doesn’t shy away from splurging on himself too.

The NBA star owns a private golf club, which cost nearly $20 million to build.

Anyone lucky enough to crack an invite to be a member will have to cough up a $250,000 joining fee.

Then there’s his $80 million superyacht called ‘Joy’.

As if the initial cost of Joy wasn’t bad enough, she also costs $800,000 a week to maintain.

Another area Jordan is happy to splash cash is on his fleet of cars.

He has a taste for rare supercars, like the Hennessey Venom F5 Roadster.

The car, which was personally delivered to his golf club, set Jordan back $3 million.

One of his most rare cars is his beloved Bugatti Veyron Sang Noir, worth $2.25 million.

There are only 12 of these in existence, one of which belongs to Drake.

While it’s undeniable Jordan has spent a fair share of his fortune on incredible assets, his charity donations surpass his luxurious purchases.

In 2020, Jordan pledged to spend $100 million on uplifting his community and fighting inequality.

Through his Jordan Brand company, the basketball player is funding various nonprofit organizations.

He could buy another superyacht and Bugatti Veyron Sang Noir with that and still have change.

And this is not the only grand charitable gesture the star has made.

He’s an active supporter of the Make-A-Wish Foundation, giving both his money and his time to the cause.

For his 60th birthday, he gifted $10 million – the largest donation Make-A-Wish has ever seen.

While his NBA days are behind him, Jordan is still an extremely successful businessman.

It seems as long as he’s raking in millions a year from ventures, like his lucrative deal with Nike, he’ll continue to give away chunks of his fortune too.

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Andie Reeves

Andie is a content writer from South Africa with a background in broadcasting and journalism. Starting her career in the glossy pages of Cosmopolitan and Marie Claire, Andie has a broad portfolio, covering everything from sustainability solutions to celebrity car collections. When not at her laptop Andie can be found sewing, recording her podcast, taking board games too seriously or road-tripping in her bright green Kia.