Image Source: Instagram
[Saba Sports News] Michael Jordan has been on a spending spree lately. Following his recent $2.2 million purchase of a one-of-a-kind Pininfarina sports car, he’s now reportedly shelled out $70 million for a stunning Gulfstream 650ER private jet. Featuring the iconic “Jumpman” logo on the tail, the jet’s registration number, N236MJ, holds special meaning: 23 represents his jersey number, 6 his NBA championships, and MJ his initials.
Jordan also paid around $500,000 for a custom paint job with a sleek silver and black design featuring an elephant print motif, a nod to his brand’s iconic sneakers. Inside, the jet accommodates 19 passengers plus four crew members, offering leather recliners, a dining area, a fully stocked LED-lit bar, and even a private bedroom for long trips.
Powered by two Rolls-Royce BR725 engines, it can fly up to 13 hours without refueling and reach speeds close to Mach 1, making it one of the fastest jets in business aviation.
Maintaining such a luxurious jet isn’t cheap either, with yearly costs estimated at $1.9 million or more, depending on usage. But for Jordan, whose net worth is now $3.5 billion, these expenses are easily manageable.
Alongside these high-ticket purchases, Jordan is also finalizing the sale of his Illinois mansion, originally listed at $29 million and now set to sell for $13.8 million after 12 years on the market.
Recently, he made an appearance at the Hall of Fame Awards Gala, where he congratulated Vince Carter and reconnected with former coach Doug Collins. Jordan continues to make headlines, from extravagant purchases to catching up with NBA legends.