Facts of Juanita Vanoy Networth
|Full Name||Juanita Vanoy|
|Birth Name||Juanita Vanoy|
|Profession||Model, Executive Secretary|
|Birth City||Chicago, Illinois|
|No Of Children||3|
|Date of Birth||June 13,1959|
Juanita Vanoy is an American former-model, most probably known as the ex-wife of the retired basketball player and entrepreneur, Michael Jordan.
As of March 2020, Juanita's net worth is $170 million.
How Did Juanita Vanoy Make Her Net Worth?
Juanita is a former model and has served as an executive secretary for the American Bar Association. She had a successful career as both a model and upon retirement, as a secretary.
But what made her into a multi-millionaire was the settlement she got as part of her divorce with Michael Jordan.
$168 Million Divorce Settlement From Michael Jordan
Juanita was married to the retired basketballer player and NBA Hall of Famer Michael Jordan.
They got married in 1989 and had three children together. Despite that, their marriage couldn't last, and they called it quits in 2006 after 14 years of marriage.
While divorce itself is as common today as marriage, what was unprecedented was the settlement Juanita got as part of her divorce from Jordan.
Juanita got $168 million as part of her divorce settlement, which one of the wealthiest divorces of all-time -- celebrity or otherwise --second only to Mel Gibson and Robin Moore's $425 million settlement.
It is safe to say that Michael is doing just fine financially, what with his net worth being $1.9 billion and all, but the divorce did make a huge dent in his wealth.
Juanita has also been involved in numerous philanthropic endeavors throughout the years. While she was still married to Michael Jordan, they co-founded the Michael and Juanita Jordan Endowment Fund, which helps raise funding for children's welfare, community, and education.
Juanita has also served as a board member for the Chicago Children's Museum and overseen The White House Endowment Fund and The Sickle Cell Disease Association of Illinois.
Additionally, she also co-established The Michael and Juanita Jordan United Negro College Fund Scholarship Program to provide scholarships and financial aid to students from impoverished Chicago families.
Juanita Vanoy: Short Biography
Juanita Vanoy was born on June 13, 1959, in Chicago, Illinois. She had a successful career as a model and then transitioned to being an executive secretary for the American Bar Association. She has also dabbled in real estate brokerage.
She got acquainted with Michael Jordan in 1984 via mutual friends, They began going out soon thereafter and got engaged in 1987. Their engagement was called off, but they reconciled and got married on September 2, 1989, at the Little White Wedding Chapel in Las Vegas.
By that time, Juanita had already given birth to their first child: a boy named Jeffrey Michael Jordan, born on November 18, 1988. They went on to have two more children: son, Marcus James Jordan, born on December 24, 1990; and daughter, Jasmine Mickael Jordan, born on December 7, 1992.
Talks of a divorce between the two had been circulating since 2002 but had been called off. They filed for divorce again in 2006 and separated for good on December 29, 2006.