Michael Jordan initially disclosed that he earned more than half a million dollars from his 230-foot luxury superyacht, it took the world by surprise
While being a billionaire means Michael Jordan doesn’t have to fret about financial concerns, the pains of hefty maintenance bills are a reality. The sports legend, owner of numerous extravagant assets, including an $80 million yacht, has found a way to cover the costs without leaving his vessel. Despite the significant expenses associated with maintaining his luxurious yacht named ‘Joy,’ Jordan, the world’s wealthiest athlete, has a penchant for lavish spending.
The crown jewel of his acquisitions is undoubtedly his yacht, a mega-yacht named ‘Joy.’ This colossal vessel spans 230 feet and boasts amenities like a jacuzzi, a movie theater, and even an indoor basketball court. Such extravagances come with a hefty price tag, and the weekly maintenance bill for the mega-yacht’s five floors and eight private cabins amounts to a staggering $800,000.
Jordan has become a passionate angler, participating in competitions worldwide. He notes that he’s learned a lesson from the sport that he couldn’t have gleaned from basketball: patience.
“I never thought I’d be on a boat, fishing,” he remarked. “You can’t hurry fishing; you just have to be ready when it happens.” For his fishing expeditions, he uses one of his smaller yachts, the Catch 23, valued at $8 million.
Recently, he and his team participated in the Mid-Atlantic Fishing Tournament, where they landed a hefty 75-pound fish. This achievement secured them third place in the competition and a prize of $462,318. If they had clinched the top spot, the team would have taken home a cool $1.4 million.
