Just Being A Celebrity Sometimes Isn’t Enough
Michael Jordan hasn’t sold his Hollywood-style Chicago mansion since 2012. Taxes may matter. He reportedly paid $180,927 in 2011. According to Business Insider, he’s paid roughly $700,000 since 2012. In March 2012, Jordan sold his $29 million mansion. The price dropped from $21 million to $16 million after a year. The sportsman tried to auction off his mansion in December 2013, but the $13 million minimum wasn’t met.
In 2015, Jordan’s real estate agent promised the buyer every Air Jordan in his or her size. Uninterested. Jordan’s property is magnificent, but Mercer Vine’s Adam Rosenfeld told MarketWatch in 2016 that the celebrity is having trouble selling it because of the No. 23 gate. Rich people want smaller dwellings. April 2020: Unsold. SI.com