Michael Jordan’s $80 Million Yacht ‘Joy’ Requires Staggering $800,000-a-Week Maintenance

Michael Jordan, the world’s wealthiest athlete, has made some lavish purchases since his retirement from basketball, including acquiring superyachts. In 2016, he purchased the extravagant superyacht ‘Joy’ for $80 million. This impressive vessel stretches over 230 feet in length and 10 feet in width, offering a range of amenities such as eight cabins, an indoor jacuzzi, a movie theater, a spa, and a dining area.

Additional features on ‘Joy’ include the owner’s pavilion, a penthouse suite, a personal office, and a terrace with breathtaking ocean views. Reflecting MJ’s lifestyle, the yacht even boasts a basketball court and gym.

Maintaining such a luxurious yacht comes at a substantial cost, requiring a crew of 19 people. The weekly expenses alone amount to $800,000, totaling $3.2 million per month. However, ‘Joy’ has been available for rental to anyone willing to pay $840,000 a week.

This extravagant expenditure showcases how Michael Jordan has accumulated immense wealth. He recently joined the Forbes 400 list of the richest people in the United States, despite retiring from basketball two decades ago.

Despite his retirement from basketball, Michael Jordan continues to express his competitive spirit in various activities, including fishing. He recently participated in the 32nd MidAtlantic fishing tournament, where rough weather conditions led to only 11 boats venturing out on the final day. Despite the challenges, the event saw three dozen winners sharing a $5.79 million prize.

Jordan’s boat, “Catch 23,” secured third place with a 75-pound catch, earning a cash prize of $462,318. Christopher Little’s “Talkin Trash” claimed the overall win in the Tuna Division, while Chip Caruso’s “Pipe Dreamer” dominated the Blue Marlin division.

Through his ventures in fishing and 23XI Racing, Jordan continues to channel his competitive nature outside of basketball. As the world’s richest athlete, he has even more resources to indulge in his passions, following the sale of the Charlotte Hornets for $3 billion.