Michael Jordan has officially taken delivery of a stunning new private jet, a Gulfstream G650ER, valued at approximately $65 million. This luxurious aircraft features a flamboyant custom paint job that prominently displays the iconic Jumpman logo, a nod to Jordan’s legendary basketball career and his successful Air Jordan brand.
The jet was recently spotted at Palm Beach International Airport, where it was filmed and shared on social media. Registered under MJ Air LLC, the aircraft’s tail number, N236MJ, cleverly incorporates Jordan’s initials and his famous jersey number, 23.
Key Takeaways
- Michael Jordan’s new Gulfstream G650ER is valued at $65 million.
- The jet features a custom paint job costing around $500,000.
- It can accommodate up to 19 passengers and has a maximum range of 8,630 miles.
- Jordan’s net worth is estimated at $3.5 billion, making him one of the wealthiest athletes.
Luxurious Features of the Gulfstream G650ER
The Gulfstream G650ER is renowned for its speed and range, making it a favorite among billionaires. Here are some of its standout features:
- Maximum Speed: 0.925 Mach (approximately 610 mph at cruising altitude)
- Range: 8,630 miles, allowing for long-haul flights without refueling
- Passenger Capacity: Up to 19 passengers, with customizable layouts
- Sleeping Arrangements: Space for up to 10 passengers to sleep comfortably
Customization and Design
Jordan’s jet is not just about performance; it also reflects his personal style:
- Paint Job: The custom design features a silver-and-black elephant theme, reminiscent of his famous Air Jordan sneakers.
- Interior Luxury: The aircraft is equipped with plush leather recliner seats, a separate dining area, and a fully-stocked bar with LED lighting.
- Private Bedroom: A dedicated space for rest during long flights.
Maintenance Costs
Owning such a luxurious jet comes with significant ongoing expenses. The estimated annual maintenance cost for Jordan’s Gulfstream G650ER is around $1.86 million for 200 hours of flying. This includes:
- Fuel: $727,338
- Crew Salaries: $343,964
- Engine Overhaul: $191,670
- Insurance: $56,987
For 400 hours of flying, the total maintenance cost could reach nearly $3 million.
A Testament to Success
Michael Jordan’s acquisition of this private jet is a testament to his enduring legacy and financial success. As the first athlete to become a billionaire, Jordan has built a fortune through his basketball career and lucrative business ventures, including his partnership with Nike and ownership stakes in various enterprises.
In 2023, he sold his majority stake in the Charlotte Hornets for approximately $3 billion, further solidifying his status as a savvy businessman. With this new jet, Jordan continues to soar high, both in the air and in the world of sports and business.
Sources
- See Michael Jordan’s new private jet, a $65 million Gulfstream G650ER with a flamboyant custom paint job, Business Insider.
- Inside Michael Jordan’s stunning new $70m private jet – complete with $500k custom-made paint job | Daily Mail Online, Daily Mail.
- Michael Jordan shows off insane $70 million private jet with $500k personalized design and stunning maintenance fee | talkSPORT, talkSPORT.
- Michael Jordan debuts custom private plane with insane price tag, sick paint job, Sports Illustrated.
- Inside Michael Jordan’s amazing new $70m Gulfstream private jet with $500k custom paint job and bespoke NBA tail number | The Sun, The Sun.