Juanita Jordan Net Worth (Money & Salary)

Regarding Juanita Jordan’s Net Worth:

An ex-model, Juanita Jordan, also known as Juanita Vanoy, boasts a net worth of $200 million. She is widely recognized as the former spouse of NBA icon Michael Jordan, with their marriage lasting from 1989 to 2006. The couple shares three children: sons Jeffrey and Marcus, and daughter Jasmine. Initially filing for divorce in 2002, they reconciled briefly before finalizing their separation in December 2006. Detailed information on Juanita Jordan’s divorce settlement will be provided in a subsequent section. It is widely accepted that she received $168 million in cash and assets, equivalent to around $260 million in today’s currency.

About Early Life

Born on June 13, 1959, in Chicago, Illinois, Juanita Vanoy was raised on the city’s south side by her parents, John and Dorothy. She grew up alongside her five siblings: Gwendolyn Hicks, Jacqueline Rogers, Rhonda Armstrong, Bernetta B. Vanoy, and Margaret Vanoy. Juanita attended Christian Fencer High School before pursuing higher education at American University.

Personal Life and Fame

Prior to gaining prominence, Juanita had a successful career as a model and secretary. She worked as a loan officer while pursuing a degree when she encountered Michael Jordan at a Chicago Bennigan’s eatery in 1984. Introduced by a mutual acquaintance, Michael, a sophomore NBA player with the Bulls at the time, charmed Juanita. Their connection deepened when they met again at a gathering a few weeks later.

The couple commenced dating, leading to an engagement in 1987 when Michael proposed at Nick’s Fish Market in Chicago. Despite calling off the engagement initially, they revisited the idea of marriage almost a year later. On September 2, 1989, at 3:30 in the morning, they exchanged vows at the Little White Chapel in Las Vegas, Nevada.

Interestingly, at the time of their nuptials, they were already parents to Jeffrey, their 10-month-old son. Initially doubting his paternity, Michael was served with a legal claim from Juanita before acknowledging Jeffrey. The incident led to a reconciliation between the couple.

Subsequently, Juanita and Michael welcomed two sons and a daughter: Jeffrey Michael Jordan (1988), Marcus James Jordan (1990), and Jasmine Jordan (1992). While both sons pursued college basketball, they opted against NBA careers. Presently, Jeffrey serves on the Jordan Brand digital team. Marcus, on the other hand, founded the boutique store Trophy Room, gaining attention for his relationship with Larsa Pippen. Notably, Larsa, 16 years Marcus’s senior, was married to Michael’s former Bulls teammate, Scottie Pippen, from 1997 to 2021. Jasmine once worked for the Charlotte Hornets, owned by her father at the time. Today, she holds an executive role at Nike and welcomed a son with her husband, NBA player Rakeem Christmas, in 2019.

During Michael’s second NBA retirement announcement in 1998, Juanita stood by his side:

Regarding the Divorce Settlement

In 2002, Juanita initiated divorce proceedings, despite Michael Jordan’s then net worth of a “modest” $400 million. The petition was withdrawn temporarily as the couple rekindled their relationship. Eventually, in 2006, they publicized their permanent separation. Subsequent legal documentation revealed Michael’s payment of a $168 million divorce settlement to Juanita.

The settlement encompassed various properties and assets, with Michael retaining ownership of their opulent custom-built 56,000-square-foot home in suburban Chicago.

Years later, Michael sought to sell the residence for $30 million. However, after reducing the price to $14 million, he has yet to secure a buyer. Notably, Michael and Juanita set a record for the largest celebrity divorce settlement at the time, a milestone that has since been surpassed.

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

In 2013, Michael wed Yvette Prieto, welcoming twin daughters, Victoria and Ysabel, in February 2014.

Exploring Other Ventures

Post-divorce, Juanita largely retreated from public attention to prioritize her children and philanthropic efforts. Known for her collection of art, particularly focusing on African American artists, she actively participates on the board of Reel Beauty Inc., a mentoring non-profit for young girls in Chicago. Furthermore, as a co-founder of the Michael and Juanita Endowment Fund, she remains involved in charitable activities.

Juanita Jordan’s life was highlighted in TV series like “ESPN SportsCentury” in 2000 and “E! True Hollywood Story” in 2006.