While Jordan undeniably enjoys spending on himself, he's also renowned for his philanthropic endeavors.

Earlier this year, he made a record-breaking donation of $10 million to the Make-A-Wish Foundation, marking the largest individual contribution in the charity's 43-year history. According to reports, Jordan's incredible gift to the organization was in honor of his 60th birthday, which he celebrated in February.

Meanwhile, he donated the $4 million he earned from The Last Dance to various charities, including a $2 million donation to food banks in Chicago and the Carolinas.

Most notably, 2020 saw Jordan and Nike's Jordan Brand announce they would be donating $100 million over the next decade to charities that were fighting for "racial quality, social justice, and greater access to education."

Now discover the millionaire sports stars who blew their fortunes

The Surprising Ways Michael Jordan Makes (and Spends) His Billions