The renowned basketball icon, Michael Jordan, has recently acquired a Gulfstream G650ER jet, marking his second venture into owning Gulfstream business jets. Known for its speed and luxury, the G650ER is priced at approximately $70 million. Jordan's new aircraft features a custom paint job costing around $500,000, inspired by his elephant-paint sneakers. The annual operating costs for such a jet range from $1.5 million to $3.5 million.
Liberty Jet states that the cost of flying a Gulfstream G650ER for 200 hours annually amounts to roughly $1.86 million. If flown for 400 hours per year, this cost reduces to just under $3 million due to the distribution of fixed costs over more flight hours.
Jordan's plane boasts a distinct exterior with sleek silver and black colors and includes his Jumpman logo on the tail. The registration number N236MJ holds personal significance as it represents his jersey number (23), championship titles (6), and initials (MJ).