Juanita Jordan Net Worth (Money & Salary)

What Is Juanita Jordan’s Net Worth?

Known as Juanita Vanoy, Juanita Jordan is a former model boasting a net worth estimated at $200 million. Her prominence stems primarily from her marriage to NBA icon Michael Jordan, with whom she was wed from 1989 until 2006. The couple shares three children: sons Jeffrey and Marcus, and daughter Jasmine. While they first initiated divorce proceedings in 2002, they briefly reconciled before officially separating in December 2006. More insights regarding the divorce settlement will be shared in a dedicated section of this article, but it is widely recognized that she received approximately $168 million worth of cash and assets, equating to around $260 million in today’s currency.

Early Life

Born on June 13, 1959, in Chicago, Illinois, Juanita Vanoy grew up on the south side of the city under the care of her parents, John and Dorothy. She is one of six children, including 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 pursuing further studies at American University.

Personal Life and Fame

In her career, Juanita excelled as a model and secretary. While pursuing her degree and working as a loan officer, she met Michael Jordan at a Chicago Bennigan’s restaurant in 1984, introduced by a mutual acquaintance. At that time, Michael was a rookie in the NBA, preparing for his second season with the Chicago Bulls. They met again shortly after at a party, where their connection was instant.

After starting to date, Michael proposed to Juanita in 1987 at Nick’s Fish Market in Chicago. However, they broke off the engagement, delaying discussions about marriage for almost a year. Eventually, on September 2, 1989, they tied the knot early in the morning at the Little White Chapel in Las Vegas, Nevada.

When they married, their first child, 10-month-old Jeffrey, was already part of their lives. Initially, Michael doubted his paternity and required a legal paternity claim before embracing his role as a father. Their family grew with the subsequent births of Marcus and Jasmine, cementing their bond over the years.

Michael eventually agreed, leading to the couple’s reconciliation.

They went on to have three children together: a daughter and two sons: Jeffrey Michael Jordan (1988), Marcus James Jordan (1990), and Jasmine Jordan (1992). Both of the sons pursued college basketball but chose not to enter the NBA. Currently, Jeffrey is part of the digital team at the Jordan Brand. Marcus established a boutique called the Trophy Room, gaining media attention lately for his relationship with Larsa Pippen. Notably, Larsa, who is 16 years Marcus’s senior, was previously married to Michael’s Bulls teammate Scottie Pippen from 1997 to 2021. Jasmine held a position with the Charlotte Hornets (once owned by her father) for a while. She now works as an executive at Nike. In 2019, Jasmine became a mother when she had a son with her husband, NBA player Rakeem Christmas, making Juanita and Michael grandparents.

Juanita was famously photographed by Michael’s side during his second retirement announcement from the NBA in 1998, marking the end of 13 seasons and six championship titles:

Divorce Settlement

In 2002, Juanita initiated divorce proceedings. At that time, Michael Jordan’s net worth was reported to be around $400 million. However, she withdrew her petition a month later after reconciling with Michael. In 2006, they publicly declared their permanent separation. Subsequent legal documentation disclosed that Michael compensated Juanita with a divorce settlement amounting to $168 million.

The settlement comprised various assets and properties. Michael kept ownership of their extravagant, custom-built residence in suburban Chicago, spanning 56,000 square feet.

Many years later, Michael attempted to sell this home for $30 million. He eventually reduced the asking price to $14 million but has yet to secure a buyer. At the time, the divorce settlement set a record as the largest celebrity divorce settlement, although it has been surpassed since.

In 2014, Juanita sold the seven-acre Lake Shore Drive penthouse, which she received as part of the divorce settlement, for $3.2 million.

Michael married Yvette Prieto in 2013. They welcomed twin daughters, Victoria and Ysabel, in February 2014.

Other Ventures

Following the divorce, Juanita mostly stepped away from the limelight, dedicating her time to their children and charitable endeavors. She has a passion for collecting art, particularly from African American artists. Additionally, she holds a position on the board of Reel Beauty Inc., a Chicago non-profit mentoring young girls. Juanita is also a co-founder of the Michael and Juanita Endowment Fund charity.

Juanita Jordan was featured

in the year 2000 for the TV series “ESPN SportsCentury” and in 2006 for “E! True Hollywood Story.”