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American basketball player Marcus Jordan possesses a net worth of approximately $6 million. He generates an annual income of $1 million, primarily attributed to his real estate holdings acquired through his trust fund, which was established by his father, Michael Jordan.
Marcus Jordan Net Worth
Net Worth | $6 Million |
Salary | $125,000 |
Inheritance | $3.9 Million |
Annual Income | $1.1 Million |
Marcus Jordan Inheritance
Despite his father’s status as one of the wealthiest basketball players, Marcus Jordan did not receive a substantial inheritance from him. In fact, he received just under $4 million as a gift from his father, Michael Jordan.
Marcus Jordan received a significant portion of his inheritance in the form of cash, and Michael Jordan also gifted him two houses and an apartment as part of the trust deed. This inheritance constitutes a substantial portion, comprising over half of Marcus Jordan’s overall net worth.
Marcus Jordan’s Debts
Marcus Jordan’s net worth calculations took into account the fact that he borrowed extensively from friends and family over the years to sustain his luxurious lifestyle. These loans were considered in the assessment of his overall financial standing.
Jeffrey Jordan (Brother) | $190,000 |
Juanita Vanoy (Mother) | $100,000 |
Michael Jordan | $500,000 |
Credit Line with American Bank | $80,000 |
Larsa Pippen | $60,000 |
Net Worth Timeline
Marcus Jordan Net Worth 2023 | $6 Million |
Marcus Jordan Net Worth 2022 | $5.2 Million |
Marcus Jordan Net Worth 2019 | $4.1 Million |
Marcus Jordan Net Worth 2017 | $3.6 Million |
Marcus Jordan Net Worth 2015 | $3 Million |
Marcus Jordan Net Worth 2012 | $1.8 Million |
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Marcus Jordan Biography
Born on December 24, 1990, Marcus Jordan is an American entrepreneur and former basketball player, renowned as the son of basketball legend Michael Jordan and his first wife, Juanita Vanoy.
Early Life:
Marcus Jordan was born in Chicago, Illinois, and, growing up in the shadow of his father’s fame, developed a passion for basketball from a young age.
High School:
He attended Loyola Academy in Wilmette, Illinois, where he excelled in basketball, gaining recognition for his skill. During this period, Marcus Jordan’s net worth was below a million dollars.
College Basketball:
In 2009, Marcus committed to playing college basketball at the University of Central Florida (UCF). Although his college basketball career contributed to his net worth, it only saw a modest increase of 5%. He played as a guard for the UCF Knights basketball team from 2009 to 2012, making significant contributions on the court.
Shoe Controversy:
During his college years, Marcus gained attention for wearing Air Jordan sneakers produced by his father’s brand, leading to a contract controversy. UCF’s athletic department subsequently signed an agreement with Adidas.
Entrepreneurship:
After leaving UCF, Marcus ventured into entrepreneurship and co-founded the sneaker boutique “Trophy Room” in Orlando, Florida, in 2016. The Trophy Room store gained recognition for its distinctive sneaker releases and limited-edition products, resulting in a significant increase in Marcus Jordan’s net worth over the years. He collaborated with renowned brands like Nike and Jordan Brand to create exclusive sneaker releases, often paying homage to his father’s legacy.
Business Expansion:
Marcus expanded the Trophy Room brand by establishing an online presence and partnering with various artists and designers.
Philanthropy:
He also dedicated himself to philanthropic endeavors, supporting causes and organizations connected to sports, education, and community development.
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Marcus Jordan Net Worth – FAQ
Q.1 Who is Marcus Jordan?
Marcus Jordan is recognized as both a businessman and a former basketball player. Born on December 24, 1990, he is presently 32 years old.
Q.2 What is Marcus Jordan Net Worth?
As of 2023, Marcus Jordan’s estimated net worth stands at $2.5 billion dollars. Marcus Jordan, born on December 24, 1990, is known for his dual roles as a businessman and a former basketball player.
Q.3 What is Marcus Jordan’s weight?
Marcus Jordan, a basketball player and wealthy businessman, weighs 90 kg (198 lbs). Learn more about Marcus Jordan by reading the article above.
Q.4 How tall is Marcus Jordan?
Marcus Jordan is a 191 cm tall businessman and basketball player.
Q.5 How old is Marcus Jordan?
On December 24, 1990, Marcus Jordan was born. The age of Marcus Jordan is 32.