After years of sitting unsold on the market, Michael Jordan’s massive 32,000-square-foot mansion in Highland Park, Illinois has finally found a buyer.
The mansion, which had been listed for $29 million, was sold for a much lower price of $9.5 million.
This marks a significant 67% reduction in price for the property located just outside Chicago, near Lake Michigan.
The sale was first reported by Bloomberg, with news of the agreement emerging in September.
A Mansion Packed with Luxury
This grand estate is nothing short of extravagant.
The mansion includes nine bedrooms, 19 bathrooms, and multiple luxury features like a cigar room, a library, and an indoor gym.
Outdoors, the property boasts a circular infinity pool, a tennis court, and a basketball court.
The iconic front gate, bearing Jordan’s famous number 23, is a memorable detail that adds to the mansion’s legacy.
Despite this lavish residence, Jordan has primarily lived in North Carolina during his retirement, often spending time with his wife, Yvette Prieto, aboard a yacht in the Mediterranean.
A Wealth of Success Beyond Basketball
Jordan’s financial empire continues to grow, even after stepping down from his 13-year reign as the majority owner of the Charlotte Hornets.
In August 2023, he sold his majority stake to a group led by Rick Schnall and Gabe Plotkin for an eye-watering $3 billion.
Having purchased the team for just $275 million in 2010, this sale marked a massive profit for Jordan, who remains the Hornets’ minority owner.
Jordan’s financial success has been further solidified with his inclusion in Forbes’ 400 list of the wealthiest Americans, a distinction he earned after his net worth surpassed $3 billion.
As the first athlete to be included in the prestigious list, he solidified his place as the wealthiest athlete in history, thanks to his iconic NBA career and lucrative commercial deals, notably with Nike and the Jordan brand.
Living the High Life
Jordan’s recent purchases reflect his continued wealth.
He spent $70 million on a Gulfstream 650ER jet, designed with a silver-and-black theme and a custom $500,000 paint job inspired by his iconic Air Jordan sneakers.
The jet, which can travel at nearly the speed of sound, is adorned with Jordan’s famous Jumpman logo and includes the tail number N236MJ—an homage to his number 23 jersey and his six championship rings.
Inside, the jet offers ultimate comfort, with seating for up to 19 passengers, luxurious leather recliners, and a fully stocked bar.
Jordan also has a private bedroom aboard the plane, where he can rest during long flights.
This latest purchase highlights the high-flying lifestyle that comes with his extraordinary success.
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