Now a Multi-Billionaire Decades Later, Michael Jordan Confessed How He Avoided Letting His Wealth and Success Build His Ego in 1993: “Didn’t Mean Much to Me Anymore” | CPT PPP Coverage

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When you have millions of dollars sitting in your bank account, it is easy to sway a little with the thought of being able to afford just about everything. The sense of having financial security and being able to buy anything you want can get a little too overwhelming for some people. While many get over it pretty quickly, others…not so much. NBA legend Michael Jordan, who had become a millionaire in his 20s, once shared how he remained down-to-earth despite earning a lot of money from a very young age.

Michael Jordan was 21 years old when he was drafted into the NBA in 1984 by the Chicago Bulls. That same year, MJ had the iconic Nike contract that still profits Jordan to this date.

Michael Jordan never felt compelled to buy expensive stuff

A young Michael Jordan lived with his four siblings and parents James Jordan, who was an Electric Plant supervisor, and Deloris Jordan, who was a bank employee. Jordan lived a fairly modest life that restricted him from making expenditures that were beyond basic necessities in life. During a 1993 interview uploaded on YouTube by the podcast In All Airness, host Larry King pointed out that having a lot of money, MJ must have been compelled to buy anything he wanted.

He further asked Jordan how he dealt with the financial shift in his life without letting it get to his head. The 6x NBA champion replied that while he did initially go through that phase, he quickly got over it.

“Earlier in my years, it was one of those things…I’ve dreamed about a lot of different things – cars, jewelry, Ferraris, whatever. And I, you know, I went out and I got those things. But after that, it didn’t mean that much to me anymore because I was going through that phase of achieving your dreams,” Jordan told King.

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MJ explained that the need to surpass everyone on the hardwood motivated him more than monetary gains and material purchases. Those things slowly faded away after the initial attraction was over.

How much did Jordan earn from his NBA career?

Hall of Famer Michael Jordan had an iconic run with the Chicago Bulls gaining immense popularity worldwide. While His Airness might not have more career earnings than his former Bulls teammate, it cannot be considered less as well. When Jordan was first drafted by the Bulls in 1984, he had a five-year contract that was worth $6,300,000 till 1987. It was then extended to an eight-year contract worth $25,700,000 till 1995.

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By the time he was in his eighth season, 14x NBA All-Star was earning over $30 million a year. In his 14-year NBA career, MJ earned about $96,580,000. As of now, His Airness is worth over $2 billion, thanks to years of investments and business projects.