Michael Jordan shares how he earned more than half a million dollars from his 230-foot luxury superyacht

Michael Jordan doesn’t have to worry about money because he is a millionaire, but he still has to deal with the discomfort of high upkeep costs. The sporting legend, who owns a number of ostentatious possessions, including a boat valued at $80 million, has managed to pay for them without having to leave his ship. Even with the high costs of upkeep for his opulent vessel called “Joy,” Jordan—the richest athlete in the world—has a tendency to overspend.

The most valuable asset he has acquired is without a doubt his megayacht, “Joy.” With a 230-foot breadth, this enormous ship is equipped with a movie theater, an indoor basketball court, and a jacuzzi. Such luxuries come at a high cost; the mega-yacht’s five levels and eight private suites have a weekly maintenance expense of an astounding $800,000.

Although it might take a considerable amount of time to deplete the vast fortune that constitutes Jordan’s $3 billion net worth, the expenses are undeniably substantial. Fortunately, Jordan discovered that one of his hobbies could help him make money while relaxing on the yacht. Since selling the Charlotte Hornets, the basketball star has had more leisure time.

Jordan has become a passionate angler, participating in competitions worldwide. He notes that he’s learned a lesson from the sport that he couldn’t have gleaned from basketball: patience.

“I never thought I’d be on a boat, fishing,” he remarked. “You can’t hurry fishing; you just have to be ready when it happens.” For his fishing expeditions, he uses one of his smaller yachts, the Catch 23, valued at $8 million.

Recently, he and his team participated in the Mid-Atlantic Fishing Tournament, where they landed a hefty 75-pound fish. This achievement secured them third place in the competition and a prize of $462,318. If they had clinched the top spot, the team would have taken home a cool $1.4 million.