Michael Jordan spends more money on charity each year than he spent on a custom yacht and a Bugatti combined.
Michael Jordan bought countless extravagant items during his life
These include an $80 million superyacht and an ultra-rare Bugatti.
However, he spent more than his entire assets on philanthropy
Michael Jordan is famous for his ballplay on and off the court.
He tends to spend lavishly, with an enviable car fleet, superyachts and numerous properties to his name.
But his charitable donations are incredibly generous and exceed the value of his most expensive possessions.
READ MORE: Conor McGregor targets Michael Jordan’s net worth to become world’s richest sports star
If he likes to return the favor to others, Michael Jordan doesn’t hesitate to treat himself either.
The NBA star owns a private golf club that cost nearly $20 million to build.
Those lucky enough to be invited to become members will be required to pay an entry fee of $250,000.
There’s also his $80 million superyacht called “Joy.”
As if Joy’s initial cost wasn’t enough, her upkeep costs $800,000 per week .
Another area Jordan is happy to spend money on is his fleet .
He has a taste for rare supercars, like the Hennessey Venom F5 Roadster .
The car, which was personally delivered to his golf club, cost Jordan $3 million.
One of his rarest cars is his Bugatti Veyron Sang Noir, worth $2.25 million.
There are only 12 in existence, one of which belongs to Drake .
While it’s undeniable that Jordan has spent a good portion of his fortune on incredible goods, his charitable giving exceeds his luxury purchases.
In 2020, Mr. Jordan pledged $100 million to improve his community and combat inequality.
Through his company Jordan Brand , the basketball player funds various non-profit organizations.
He could buy another superyacht and a Bugatti Veyron Sang Noir with that amount and still have change.
And that’s not the star’s only big charitable gesture.
He actively supports the Make-A-Wish Foundation, to which he devotes his time and money.
For his 60th birthday, he donated $10 million – the largest donation Make-A-Wish has ever received.
Although his NBA career is over, Jordan is still an extremely successful businessman.
It seems that as long as he’s raking in millions a year from his activities, like his lucrative deal with Nike , he’ll continue to give away chunks of his fortune.
