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How does billionaire Michael Jordan spend his cash these days? The answer might make you jealous!
Transcript
00:00In the 90s, Michael Jordan was everywhere.
00:02You saw him in the court, at the Olympics, on your TV, in commercials, and even at the movies, talking to cartoons.
00:09What is Michael Jordan up to these days, and what does he spend all that sweet sneaker money on?
00:13For starters, he officially became a billionaire in 2014,
00:17thanks to his investment in the Charlotte Hornets and the rise of NBA franchise values.
00:21And when he's not receiving a Presidential Medal of Freedom,
00:23Michael Jordan continues to be a money-making machine with his lucrative Nike partnership and his Jordan brand,
00:27as well as continued endorsement relationships.
00:30These alone have reportedly earned him $100 million in a single year,
00:34more than he made in his entire 15-year NBA career.
00:37I guess Gatorade isn't the only thing quenching Michael Jordan's thirst.
00:40And when there's so much money to be spent, be sure the Space Jam star spends it well.
00:45Michael has his own private plane and a custom golf cart.
00:48He reportedly spent over $12 million to build a dream home in Florida,
00:52while owning another $2.8 million home near Charlotte, North Carolina.
00:55He is said to bring a security team whenever traveling overseas,
00:59when top-level security can reportedly cost $1,000 to $1,500 per hour,
01:02and occasionally rents out a 154-foot yacht, nicknamed Mr. Terrible.
01:07And given his passion for golf and a dissatisfaction with his home country club,
01:11Jordan plans on building an uber-private golf course in Martin County, Florida,
01:14all proof that you can still be an extraordinary success in so-called retirement.
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