Here's How Michael Jordan Uses the Money You Spend on Sneakers

Inside the luxurious life of His Airness.

1.

by Brendan Dunne

With an estimated net worth of $1 billion, and $100 million a year coming in off Air JordansMichael Jordan definitely has money to blow.

So how does he spend it all? Business Insider put together the clip above, which breaks down some of Michael's more lavish purchases. There's his private jet painted in Carolina blue, there's the golf course he plans to build since he's upset with his country club, and there's his most recent home, a $12.8 million mansion in Florida.

Business Insider makes no mention of the extent to which the recent price hike for remastered Jordan retros has funded MJ's luxurious lifestyle.

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