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MICHAEL JORDAN: How the richest NBA player ever spends his $1 billion

Tony Manfred

Michael Jordan is on the Forbes list of billionaires for the first time.

Since he retired a decade ago, he has built one of the most successful, lucrative careers we've ever seen from a former athlete.

From sprawling houses to custom planes to his own golf course, he's clearly enjoying life after hoops.

Jordan still makes more money than LeBron, Kobe, or any other active player.

He reportedly makes $100 million per year from Nike royalties alone.

Source: ESPN

That's way more than he made in salary while he played. He made $90.2 million TOTAL in NBA salary.

Source: Basketball-Reference

His net worth is now $1 billion thanks to the skyrocketing value of his NBA team.

Source: Forbes

Jordan bought the Charlotte Hornets for $275 million in 2010. They're now worth $750 million.

Source: ESPNForbes

He makes additional income from endorsement deals with Hanes, 2KSports, and others.

That steady stream of income lets him live a pretty amazing lifestyle ...

He has a private jet. It's painted Carolina blue, and the ID number contains his jersey number (23) and number of titles (6).

He spent $12.8 million building his dream house in Florida.

Source: Yahoo!

He's reportedly going to build a private golf course because he's annoyed by the pace of play at his current country club.

Source: GOLF.com

He has a custom golf cart with the Jumpman logo.

He also has a $2.8 million house near Charlotte.

It has some incredible lake views.

He's currently in the process of selling his compound in Chicago, which was originally listed for $29 million.

Take a tour here >

It has its own basketball court, as well as a pool with a patch of lawn in the middle of it.

He travels with a security team when he goes overseas. His secret codename is "Yahweh," a Hebrew word for God.

Source: ESPN

He rents out this 154-foot megayacht called Mr. Terrible.

Source: ESPN

It's one of the most lavish yachts on Earth.

Beyond money, MJ is married Yvette Prieto.

They had twins in 2014.

Source: NYDN

At age 52, he still works out. In 2013, he told ESPN he was trying to get down to his playing weight of 218 pounds.

Source: ESPN

He's also really good at Bejeweled. He beat level 100 and became a Bejeweled Demigod according to ESPN.

Source: ESPN

His post-basketball career is already influencing the next generation. Kevin Garnett is now talking about following in MJ's footsteps and buying the Timberwolves.

Now see what some of his peer are up to

WHERE ARE THEY NOW? The players from Kobe Bryant's legendary 1996 NBA Draft >

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