Inside Michael Jordan’s $103m private jet

Michael Jordan has dropped a jaw-dropping $103 million on a customised private jet, which pays tribute to his iconic line of Air Jordan sneakers.

Inside Michael Jordan’s newly purchased $103m private jet. Picture: James Gilbert / Getty Images North America; Tiktok/@seanpalmbeach

Michael Jordan has dropped a jaw-dropping $US70 million ($A103 million) on a customised private jet, which pays tribute to his iconic line of Air Jordan sneakers.

Just weeks after spending $US2 million ($A2.9 million) on an exclusive Italian sports car, the NBA legend has gone all in on a top-tier Gulfstream 650ER, one of the fastest and most impressive jets in business aviation.

The six-time NBA champ didn’t stop at just buying the jet.

According to the New York Post, Jordan spent $US500,000 ($A741,000) on a custom paint job inspired by his famous elephant-print sneakers.

The exterior boasts a sleek silver-and-black design, with his signature Jumpman logo proudly displayed on the rear.

Even the jet’s tail number, N236MJ, has a special significance, blending his No. 23 jersey, his six championship titles, and his initials.

Under the hood, the aircraft packs a punch with two powerful Rolls-Royce engines, allowing it to reach speeds close to Mach 1.

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Michael Jordan has dropped a jaw-dropping $US70 million ($A103 million) on a customised private jet. Picture: James Gilbert / Getty Images North America

The jet, known for holding the record for the farthest fastest flight in business aviation, features a silver-and-black design resembling his elephant-print sneakers and his iconic Jumpman logo. Picture: Tiktok/@seanpalmbeach

Inside, the jet accommodates 19 passengers and offers high-end amenities.

It features leather recliner seats, a private dining area, a fully-stocked bar with LED lighting and even a private bedroom for those long-haul flights.

The jet’s range allows it to travel for up to 13 hours without stopping for fuel, but keeping it in the air won’t come cheap.

The maintenance cost alone is nearly $US1.9 million ($A2.8 million) per year for 200 hours of flying.

This includes hefty expenses like fuel, crew wages and insurance, with costs only increasing if Jordan takes to the skies for additional hours.

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Inside, the jet accommodates 19 passengers and offers high-end amenities, including leather recliner seats, a dining area, a fully stocked bar and a private bedroom. Picture: Gulfstream

Jordan has extensively modified the plane to travel up to 13 hours without refuelling. Picture: Gulfstream

Maintenance costs are steep, with $2.8 million required annually for 200 hours of flying. Picture: Gulfstream

But with a net worth of $US3.5 billion ($A5.1 billion), the Chicago Bulls icon is no stranger to living large, whether it’s on the court — or in the clouds.

News of the plane purchase comes on the heels of his Illinois mansion, located in the Chicago suburbs, finally entering into contract after 12 years on the market.

Jordan initially put his customised nine-bedroom, 19-bathroom property, which spans nearly 33,000 square feet, on the market back in 2012 for $US29 million ($A$42.9 million).

The price reduced to $US14.85 million ($A22 million) in 2015 and remained at that price point until it landed a sale last month. The final sale price is not yet known.

Parts of this story first appeared in the New York Post and were republished with permission.

Originally published as Inside Michael Jordan’s $103m private jet