How Many Yachts Does Michael Jordan Own?

Michael Jordan, the billionaire owner of the Charlotte Hornets, has a net worth of 1.7 billion and is known for his involvement in boating. He recently purchased an 80 million luxury yacht named Joy, which features five deck levels, a full basketball court, seven cabins, a movie theatre, and a yacht club. The yacht’s estimated value as of 2023 is $7 million, with yearly maintenance costs of 800,000.

Joy is a modern, spacious, 230-foot luxury vessel built by Dutch ship construction company Feadship. It is designed by Viking Yachts and is used for sports fishing tournaments. Jordan also owns a 21 million yacht called ‘Mr. Terrible,’ which is fitting when comparing the two yachts he owns.

Joy was launched in 2016 and is the largest of Jordan’s two luxury superyachts. The smaller yacht, Bayliss Sportfishing Boat, has an elephant print wrap and a host of other features. Internet sleuthing has led many to assume that Jordan owns two luxury superyachts worth a combined 200 million.

The 80 million vessel costs Jordan an eye-watering sum each week, but it is not cheap considering the high cost of maintaining them. Jordan’s net worth has made him a prominent figure in the Forbes list, and his yachts have become a symbol of his wealth and influence.