Juanita Jordan Net Worth (Money & Salary)

What Is Juanita Jordan’s Net Worth?

Former model Juanita Jordan, also known as Juanita Vanoy, possesses a net worth estimated at $200 million. Her prominence mainly arises from her marriage to NBA legend Michael Jordan. Their union lasted from 1989 until 2006. Together, they have three children: sons Marcus and Jeffrey, along with a daughter named Jasmine. Although they first filed for divorce in 2002, a brief reconciliation followed before they officially divorced in December 2006. More details regarding Juanita Jordan’s divorce settlement will be provided later in this article, but it is common knowledge that she received assets and cash valued at $168 million, equating to approximately $260 million in today’s currency.

Early Life

Born on June 13, 1959, in Chicago, Illinois, Juanita Vanoy was raised on the south side of the city by her parents, John and Dorothy. She is one of six siblings, including Gwendolyn Hicks, Jacqueline Rogers, Rhonda Armstrong, Bernetta B. Vanoy, and Margaret Vanoy. For her education, Juanita attended Christian Fencer High School and later went to American University.

Personal Life and Fame

With a career as a model and secretary spanning many years, Juanita worked as a loan officer while pursuing her degree. In 1984, she met Michael Jordan at a Chicago Bennigan’s restaurant through a mutual friend. At the time, Michael was a rookie in the NBA starting his second season with the Bulls. After their initial meeting, they encountered each other again at a party, and their chemistry was immediate.

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 wasn’t until nearly a year later that discussions of marriage resumed. They eventually tied the knot on September 2, 1989, at 3:30 AM at the Little White Chapel in Las Vegas, Nevada.

At the time of their marriage, they already welcomed their first child, a 10-month-old son named Jeffrey. Initially, Michael doubted his paternity; Juanita had to issue him a legal claim for paternity before he accepted his role as a father, leading to their reconciliation.

Juanita and Michael later had three children together, including two sons and a daughter named Jeffrey Michael…

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Born in 1988 is Jordan, followed by his brothers Marcus James Jordan (born 1990) and Jasmine Jordan (born 1992). While both sons pursued college basketball, neither chose to enter the NBA. Currently, Jeffrey is part of the digital team at the Jordan Brand. Marcus owns a boutique named the Trophy Room, but more recently has gained media attention for his relationship with Larsa Pippen. Notably, Larsa is 16 years older than Marcus and was previously married to Michael’s Bulls teammate Scottie Pippen from 1997 to 2021. Jasmine held a position with the Charlotte Hornets for a while, a team formerly owned by her father. Now, she holds an executive role at Nike. In 2019, she gave Juanita and Michael their first grandchild, welcoming a son with her husband, NBA player Rakeem Christmas.

During Michael’s second NBA retirement announcement in 1998—after 13 seasons and six championships—Juanita was prominently photographed alongside him:

Divorce Settlement

In 2002, Juanita initiated divorce proceedings. At that time, Michael Jordan’s net worth was approximately $400 million. After a month, she retracted the petition following a reconciliation with him. However, they made a public announcement about their final separation in 2006. Subsequent legal documents revealed that Michael compensated Juanita with a divorce settlement amounting to $168 million.

The settlement comprised various properties and assets, with Michael maintaining ownership of their extravagant, custom-designed home covering 56,000 square feet in suburban Chicago.

Years later, Michael attempted to sell the residence for $30 million, lowering the asking price to $14 million without securing a buyer. At that time, their divorce settlement was the largest celebrity divorce settlement recorded, although it has since been surpassed.

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

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

Other Ventures

Following the divorce, Juanita chose to step back from public life, concentrating on her children and charitable work. Her art collection highlights African American artists. She is a board member of Reel Beauty Inc., a Chicago-based non-profit offering mentorship to young girls. Additionally, she co-founded the charity known as the Michael and Juanita Endowment Fund.

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