Amid $35 Million Loss, Billionaire Michael Jordan Eyeing Escape From USA Culture for Tempting Europe, Reports Claim

With a net worth of $3.5 billion, Michael Jordan is a powerhouse in the business world. With a successful NBA career, followed by a thriving business, Jordan has built the empire that many dream of. While he has faced many moments that didn't go his way, one thing that keeps MJ looking forward is a peaceful life away from the spotlight, which seems to be something that he might have never fully gotten used to. It seems he is still seeking escape.

A lavish vacation trotting around France for a few months is not enough for the Chicago Bulls legend. He is now reportedly searching for a new home in Europe. As reported by The Sun, Jordan has already been looking at a few homes in Monaco. A source from a luxury real estate consultant revealed that His Airness is on the hunt for a spacious home to accommodate his family and friends.

"Michael won't be around too many people here. He can relax, drive around, and enjoy the scenery," the sources claimed. It further said that Jordan is "obsessed with the region, and he loves the way people live and enjoy life, in a much slower pace than in America"

What's most enticing about the move, as per reports, is Jordan's desire to enjoy the calm and peaceful environment in France, a stark contrast to the hectic, fast-paced life in the U.S. The region will also offer him much-needed anonymity, as it's not as populated. "I used to go to Paris a lot cause Paris was a place I could just walk on the streets. I could sit down and have dinner or have lunch or whatever and people never really paid attention. I loved to do that,"Jordan had once admitted.

France has always been Jordan's favorite destination, with the family spending summers cruising around the islands in their lavish yachts. So it is no surprise the Chicago Bulls legend wants to look for a home in the country.

Reports suggest that His Airness has already looked into several breathtaking mansions and homes. One of these is a house in Nice. The stunning property boasts 30 rooms, a beautiful garden, and more luxurious amenities.

Paying $14.3 million is hardly an issue for the billionaire, who is likely to lose nearly $35 million in a deal.

Michael Jordan's lavish mansion makes a loss of $35 million Back in 1991, Michael Jordan made a great investment by purchasing seven acres of land in Highland Park, Illinois, where he built a 56,000-square-foot mansion. However, the design and subsequent renovations of the house have been problematic. The house is heavily personalized, reflecting Jordan's own style, which resulted in a design that screams "Jordan" at every corner.

He invested around $50 million into the property, but unfortunately, he isn't getting the value back. Originally listed at $29 million, the property was only sold recently but likely at a much lesser price. The mansion features 9 bedrooms, 19 bathrooms, a cigar room, a trophy room, a theater, a gym, a putting green, a tennis court, and a pool—truly beyond imagination.

After the original price remained unsold for, the value was down to around $14 million in 2017. He even had to spend over $1.8 million on the home's property taxes. It was partly due to the fanfare that Jordan's attribution to house attracted that kept the mansion from buyers. But reports as of September reveal the property is off his hands. Though the price remains undisclosed, Jordan is open to adjust to a new view.