Michael Jordan, once of the Chicago Bulls, bought the yacht “Joy” for over $80 million due to his passion for luxury vessels. The former player must pay $800,000 every week, or $3.2 million per month, just to keep the ship afloat.
![The weekly upkeep on Michael Jordan's superyacht is a whopping $800k](https://amazingbeyond.com/wp-content/uploads/2023/10/0e4c727ae475f66c.jpg)
After leaving the bench in 2003, Jordan focused on expanding his fortune, and in 2016, he bought the “Joy,” a 230-foot-long, 10-foot-wide superyacht.
The yacht offers eight rooms, an indoor jacuzzi, a theater, a spa, and a restaurant. In addition, there’s a penthouse suite, an executive office, and a terrace with a breathtaking panorama.
![The weekly upkeep on Michael Jordan's superyacht is a whopping $800k](https://amazingbeyond.com/wp-content/uploads/2023/10/16390802555372.jpg)
In addition, Jordan spent a lot of money on a basketball court and a gym so that he could keep in shape and remember his glory days.
![The weekly upkeep on Michael Jordan's superyacht is a whopping $800k](https://amazingbeyond.com/wp-content/uploads/2023/10/16390802563266.jpg)
A permanent staff of 19 is needed to maintain the ship’s capacity of 12 passengers.
Being the savvy businessman that he is, Jordan has also found a way to profit from the boat by renting it out to the highest bidder for $840,000 per week.
Although the “Joy” is the largest yacht in Michael Jordan’s fleet, it is not the only one. The former Bulls guard dropped $21 million for the infamous “Mr. Terrible” in 2022.
The latter is 154 feet in length and has an inside bar, dining room, and deck for al fresco meals.
![The weekly upkeep on Michael Jordan's superyacht is a whopping $800k](https://amazingbeyond.com/wp-content/uploads/2023/10/Michael-Jordan-Wife-Yvette-Prieto-croatia-yacht-splashnews-post-1.jpg)
Even after all that, “His Airness” retains ownership of another yacht, the “Catch 32,” which is valued at around $7 million.
Although Jordan’s primary usage for the boat is fishing, it is also a high-end luxury vessel.
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Both a restaurant group and a car dealership group with Nissan franchises are under his control.