Michael Jordan's $70M jet: The ultimate luxury in the sky
NBA legend Michael Jordan does not hold back when it comes to comfort, especially regarding means of transportation. With a fortune estimated at $3.5 billion, the Chicago Bulls icon spent $70 million on a Gulfstream 650E private jet customized to his specifications.
6:33 AM EDT, October 10, 2024
The rear of the aircraft features the distinctive "Jumpman" logo, and the aircraft's registration number, N236MJ, is meticulously chosen. It refers to his jersey number (23) and the number of championships won (6) and ends with the initials MJ. According to the Federal Aviation Administration database, the registration belongs to MJ Air LLC.
The Gulfstream G650ER is known for setting records in the business aviation industry. It can reach speeds of 0.925 Mach and is powered by two Rolls-Royce BR725 engines. Jordan made several modifications to increase his jet's range, allowing for up to 13 hours of flight without refueling.
The 328-foot jet can accommodate 19 passengers and 4 crew members.
The interior of the plane is as luxurious as its exterior appearance. Thanks to spacious leather seats, each of Jordan's passengers travels in exceptional comfort.
The aircraft also has a dining area and a fully stocked bar with LED lighting. For longer journeys, Jordan can utilize a private bedroom on board.
Michael Jordan is known for traveling in grand style. In addition to jets, he enjoys sailing on superyachts like Joy. His wealth, built on global basketball fame and successful business investments, continues to grow.
Jordan retains a minority stake in the Charlotte Hornets after selling the majority stake for $3 billion last year. He is also a co-owner of the NASCAR team 23XI and holds shares in the sports betting company DraftKings.
$70 million on a jet. That's not the end of the expenses
The operational costs of the luxury jet, however, are not low. The annual full-service costs can reach up to $1.86 million, including fuel ($727,000), crew salaries ($344,000), engine service ($192,000), and insurance ($57,000). With 400 hours of annual flight, these costs nearly double, totaling $2.99 million.