Jordan donated 4 million yuan in documentary revenue and retired 17 years with net assets of 15 billion yuan

Michael Jordan

accompanied the official broadcast of Jordan's "The Last Dance" documentary, the classic memory that had been dusty for 22 years was gradually awakened.

According to recent news from the US media, Jordan will donate all of the estimated US$4 million in proceeds from the "Last Dance" documentary to charitable organizations.

Jordan was never just the god of basketball. Since retiring in 2003, Jordan has built an unparalleled business empire with an NBA team, multiple restaurants, golf courses, real estate... Forbes estimates his net worth at $2.1 billion, and he is the richest NBA player.

Jordan, also a philanthropist-donated millions of dollars to Chicago charities, including the Chicago Scholarship, the Chicago Youth Aid Agency, and the Chicago Child Literacy Program.

Super cars, luxury houses, private jets, everything

in the documentary "The Last Dance", the simple atmosphere of Jordan's family shocked many audiences. Compared with many superstars who go bankrupt after retirement, how proud is Jordan? It can be seen from his daily life.

Initially, Jordan bought seven cars for himself and his family in one go as soon as he signed a contract with the Bulls and received $10 million. In his subsequent career, from Ferrari to Porsche, he had more than 40 specially customized world-famous cars under his name.

Former teammate Jared Jeffries once told an interesting story about Jordan and a luxury car,"We were training in a training hall in Chicago. Anthony Walker drives a Ferrari that seems to have just bought."

"Jordan saw it and said,'I'm driving a different color Ferrari in my AJ suit every day this week.' He really changed cars for five consecutive days."

Not only do there are many luxury cars, but Jordan also has private jets, yachts, etc.

His North Carolina blue-colored private jet with a conspicuous Jordan logo on the fuselage cost US$5000 when it was purchased in 2002; at the beginning of last year, Jordan was photographed raving on an US$80 million yacht-that luxury yacht costs US$840,000 a week to maintain normal operation.

Of course, in addition to travel tools, Jordan is also extremely sophisticated about the mansion he lives in.

In the famous Jordan Villa, it has a swimming pool, basketball court, tennis court, wine cellar, gym, entertainment room, cigar room, chess and card room, etc. When Jordan wanted to list the mansion for sale in 2012, the price was as high as US$29 million. Even if the price fell later, the price remained at US$14.9 million.

Even since Jordan wanted to put the mansion up for sale, he had paid more than $680,000 in property taxes alone.

There is also his consumption on his favorite golf sport-because he was not satisfied with the speed of playing at the Golden Bear Golf Club near his home on Jupiter Island, Jordan also built a private golf club himself just to satisfy his desire to play slowly...

Net assets were US$2.1 billion, an increase of 300 million in just one year

. In fact, during Jordan's career as a player, his total salary was only US$90 million, which obviously could not bear his huge expenses.

More wealth comes from the business empire he built.

Since retiring in 2003, as of 2015, Jordan can get about US$100 million from Nike every year, and Nike can make a profit of US$3 billion every year due to the Jordan brand... In

addition, Jordan has also maintained a cooperation with McDonald's, Gatorade and other brands, and you can also earn a considerable amount of endorsement fees from various brands every year.

There is also his income from running the Charlotte Hornets-in 2006, Jordan became a shareholder of the Hornets (then the Bobcats) for US$175 million. In 2010, he completed the acquisition of most shares and became a majority shareholder of the Bobcats. Although Jordan sold some shares in 2019, he still owns 97% of the club, and the Hornets are valued at more than 1.5 billion yuan.

You know, when Jordan first became a major shareholder of the team, the Hornets still lost US$25 million to US$30 million a year. Now the team is already profitable-the total dividends and bonuses received from the NBA last year were close to US$30 million.

Not only does Jordan run an NBA team, in 2017, Jordan also bought shares in the MLB Miami Marlins team, which was valued at US$1.42 billion last year...

There is also his constant investment in the catering industry-steak houses are located in Connecticut, Washington and Chicago, he also owns his own restaurant in Florida, and he is a distributor of Nissan Motors in North Carolina... In

addition, in 2017, Jordan also tried to be a venture capitalist and invested in Gigster, a San Francisco-based technology startup. Before that, he also invested in SportRadar, a Swiss-based sports data company.

According to Forbes, Jordan's annual income is currently approximately US$145 million and his net worth is approximately US$2.1 billion. Even though the assets of many American billionaires shrank in 2019, Jordan's net worth increased by US$300 million.

He is passionate about charity, and donated all the income from "The Last Dance"

. Of course, in addition to daily living expenses, Jordan, who earns a huge income every year, is also very keen on charity.

In 2015, the Chicago Tribune reported that Jordan donated millions of dollars to Chicago charities. The organizations that received Jordan's donations included the Chicago Scholarship, the Chicago Youth Funding Agency, and the Chicago Child Literacy Class.

Jordan hopes this donation will help Chicago youth grow healthily and is also his reward for the city of Chicago.

"I have so many fond memories in Chicago, and I am very concerned about the growth of young people. My No. 23 Foundation will use this money to support medical care, education and other causes related to the growth of young people in Chicago. Chicago has given me so much that I want to give back to the city's future-the city's children."

In 2016, in response to the ongoing incidents of racial discrimination and violence in the United States at that time, Jordan not only publicly issued a statement calling for an end to the violence, but also donated US$2 million to relevant funds.

"I decided to stand up and hope that everyone can unite to achieve constructive change through peaceful dialogue and education. To this end, I will donate $1 million to each organization. I know my contributions are not enough to solve the problem, but I hope to make some positive improvements."

In 2018, when the United States was hit by Hurricane Florence, he donated US$2 million to Hurricane Florence relief efforts; in 2019, Jordan donated US$1 million to people affected by the typhoon in the Bahamas; In the same year, he donated another US$7 million to open two clinics in the Charlotte area of North Carolina...

According to the latest news from the US media, Jordan is expected to receive US$4 million in revenue through the "Last Dance" documentary, and all of this revenue will be donated to charitable organizations.

Jordan has countless donations to charity, but in his heart, he also has his own understanding of the meaning of charity."I can donate money every day, but I hope they can work hard to be self-sufficient."

Relying on yourself is Jordan's life creed.