Juanita Jordan Net Worth (Money & Salary)

What Is Juanita Jordan’s Net Worth?

Juanita Jordan, also known as Juanita Vanoy, boasts a net worth of $200 million. She is primarily recognized as the ex-wife of NBA legend Michael Jordan, with whom she was wed from 1989 until their divorce in 2006. The couple shares three children: two sons, Jeffrey and Marcus, and a daughter, Jasmine. Although they filed for divorce in 2002, they reconciled temporarily before finalizing the divorce in December 2006. More insights regarding Juanita Jordan’s divorce settlement will be provided in a subsequent section, but it is widely acknowledged that she received approximately $168 million in cash and assets—equivalent to about $260 million today.

Early Life

Born on June 13, 1959, in Chicago, Illinois, Juanita Vanoy was raised in the city’s south side by her parents, John and Dorothy. She is the eldest of six siblings: Gwendolyn Hicks, Jacqueline Rogers, Rhonda Armstrong, Bernetta B. Vanoy, and Margaret Vanoy. Juanita completed her high school education at Christian Fencer High School before enrolling at American University.

Personal Life and Fame

With a successful career as a model and secretary, Juanita was also a student pursuing her degree while working as a loan officer when she first met Michael Jordan in 1984 at a Bennigan’s restaurant in Chicago, through a mutual friend. At that time, Michael was an NBA rookie starting his second season with the Chicago Bulls. A few weeks after their initial meeting, they reconnected at a party and developed an instant rapport.

The couple began their relationship and got engaged in 1987 when Michael proposed to Juanita at Nick’s Fish Market in Chicago. However, they later called off the engagement and it took nearly a year for them to discuss the possibility of marriage again. Ultimately, they tied the knot on September 2, 1989, at 3:30 AM at the Little White Chapel in Las Vegas, Nevada.

When they married, their first child, 10-month-old Jeffrey, was already born. Initially, Michael doubted paternity, leading Juanita to file a legal claim for paternity, after which he accepted his fatherhood, resulting in the couple reconciling.

Juanita and Michael welcomed three children together: Jeffrey Michael Jordan (born 1988), Marcus James Jordan (born 1990), and Jasmine.“`html

Born in 1992, Jordan’s two sons ultimately pursued college basketball but chose not to enter the NBA. Currently, Jeffrey is part of the digital team for the Jordan Brand. Meanwhile, Marcus has established a boutique store known as the Trophy Room, garnering media attention in recent years for his relationship with Larsa Pippen. Interestingly, Larsa, who is 16 years older than Marcus, was previously married to Scottie Pippen, a teammate of Michael’s with the Bulls, from 1997 until 2021. Jasmine, who previously worked for the Charlotte Hornets (a team once owned by her father), now holds an executive position at Nike. In 2019, she made Juanita and Michael grandparents by having a son with her husband, NBA player Rakeem Christmas.

In 1998, during Michael’s second announcement about his retirement from the NBA after 13 seasons and six titles, Juanita was famously photographed by his side:

Divorce Settlement

In 2002, Juanita initiated divorce proceedings, with Michael Jordan’s net worth at that time being a “mere” $400 million. However, she retracted the petition a month later after reconciling with him. In 2006, they publicly declared their permanent separation. Subsequent legal documents revealed that Michael paid Juanita a divorce settlement totaling $168 million.

The settlement comprised various properties and assets, with Michael keeping the ownership of their extravagant, custom-built 56,000-square-foot residence in suburban Chicago.

Years later, he attempted to sell this home for $30 million but eventually reduced the asking price to $14 million, still without a buyer. At the time, the divorce settlement set a record for the highest celebrity divorce settlement, although it has since been surpassed.

In 2014, Juanita sold the seven-acre Lake Shore Drive Penthouse awarded to her in the divorce settlement for $3.2 million.

In 2013, Michael married Yvette Prieto, and in February 2014, the couple celebrated the arrival of twin daughters, Victoria and Ysabel.

Other Ventures

Following the divorce, Juanita stepped back from public life to concentrate on raising their children and engaging in philanthropic efforts. Her art collection emphasizes African American artists. Additionally, she is a board member of Reel Beauty Inc., a Chicago-based nonprofit that supports young girls. Furthermore, she co-founded the Michael and Juanita Endowment Fund charity.

Juanita Jordan appeared in the television series “ESPN SportsCentury” in 2000 and “E! True Hollywood Story” in 2006.