American Basketball Player and Son of Michael Jordan
#160 in NBA today
Marcus Jordan has a net worth of $6 million. Marcus earns $1 million annually through his real estate assets that he received as part of his trust fund from his father Michael Jordan.
Addictions, Gambling and Lifestyle
Marcus Jordan has reportedly squandered millions of dollars on a reckless lifestyle of high-stakes gambling, extravagant parties, and other excessive spending.
According to sources, the 32-year-old has developed a severe gambling addiction, often losing tens of thousands of dollars in a single night of poker or casino games.
In one incident, Marcus allegedly lost $100,000 at a wild party in Las Vegas, with $25,000 of that going towards gambling.
The excessive gambling appears to mirror the behavior of his father, who has been open about his own struggles with a gambling addiction over the years.
Reports indicate that Michael Jordan once lost $4 million in a single craps session in Las Vegas.
Debts
Marcus borrowed a lot of money from friends and family over the years to meet his needs while living a lavish lifestyle.
The majority of these loans remain unpaid, and even his family members who lent him money have written them off. These loans were used to calculate Marcus’s wealth.
Jeffrey Jordan (Brother) | $190,000 |
Juanita Vanoy (Mother) | $100,000 |
Michael Jordan | $500,000 |
Jaden Smith (friend) | $80,000 |
Larsa Pippen | $60,000 |
Tyrese Gibson (friend) | $250,000 |
Inheritance
Marcus did not receive any significant money from his father, despite the fact that he is one of the richest basketball players.
Marcus received just under $4 million in total as a Gift from his father as part of the trust deed. Marcus Jordan’s net worth is more than half made up of inheritance money.
Marcus Jordan Net Worth 2024 (Forbes)
Net Worth | $6 Million |
Salary | $125,000 |
Inheritance | $3.9 Million |
Annual Income | $1.1 Million |
Bank Balance | $170,000 |
Debts | $900,000 |
Marcus collaborated with brands like Nike and Jordan Brand to create exclusive sneaker releases but the business was a total failure.