Michael Jordan's €64 million jet: The ultimate luxury in the air
NBA legend Michael Jordan does not compromise on comfort, especially in transportation. The Chicago Bulls icon, whose fortune is estimated at €3,226 million, spent €64 million on a Gulfstream 650E private jet customized to his specifications.
10 October 2024 07:32
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 the MJ Air LLC company.
The Gulfstream G650ER is renowned 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, so it can now fly for up to 13 hours without refuelling.
The 100-metre jet can accommodate 19 passengers and 4 crew members.
The interior of the plane is as luxurious as its exterior. Thanks to the spacious leather seats, each of Jordan's passengers experiences exceptional comfort.
The aircraft also has a dining area and a fully stocked bar with LED lighting. For longer journeys, Jordan can utilise a private bedroom on board.
Michael Jordan is known for travelling in grand style. In addition to jets, he enjoys sailing on superyachts such as 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 €3,226 million last year. He is also a co-owner of the NASCAR team 23XI and holds shares in the sports betting company DraftKings.
€64 million on a jet. That's not where the expenses end
However, the operational costs of luxury jets are far from low. The annual full-service costs reach up to €1.79 million, including fuel (€717,000), crew salaries (€334,000), engine service (€191,000), and insurance (€56,000). With 400 hours of annual flight, these costs nearly double, totalling €2.9 million.