Oksana Baiul’s net worth, biography, fact, career, awards and life story

Net Worth: $20 Million
Date of Birth: Nov 16, 1977 (45 years old)
Place of Birth: Dnipropetrovsk
Gender: Female
Height: 5 ft 2 in (1.6 m)

What is Oksana Baiul’s Net Worth?

Oksana Baiul is a retired Ukrainian figure skater who has a net worth of $20 million. Oksana Baiul won gold medals at the 1993 World Figure Skating Championships and the 1994 Winter Olympics. For her win at the latter, she became the first and only skater representing Ukraine to win gold at the Winter Olympics. In the years after that, Baiul appeared on television and participated in various ice skating tours in the US, and also published a pair of books in 1997.

Early Life

Oksana Baiul was born on November 16, 1977 in Dnipro in what was then the Ukrainian SSR in the Soviet Union. Her parents, Sergey and Marina, divorced when she was two; her father disappeared shortly after that, and she was subsequently raised by her mother and maternal grandparents. Baiul got into skating early on in life after initially training in ballet. By the time she was five, she was already skating under prominent Ukrainian coach Stanislav Koritek. In the late 80s, Baiul’s grandparents passed away, and her mother later died in 1991. She went on to live with the wife of her skating coach, and moved to Odesa in 1992.

Championships and Winter Olympics Success

Baiul began her competitive skating career at the 1993 European Championships in Helsinki, Finland, where she claimed the silver behind champion Surya Bonaly. After that, Baiul suffered a setback when she crashed into the boards and displaced some back and neck disks during practice. Despite this, she turned in a winning performance at the 1993 World Championships in Prague, Czech Republic, coming in second in the short program and first in the free skate to claim the gold medal.

Baiul continued her success in 1994, first by taking another silver at the European Championships, again behind Surya Bonaly. She went on to make her Winter Olympics debut in Lillehammer, where she finished second in the short program. During a subsequent practice, Baiul suffered a wrenched lower back and a cut shin after colliding with skater Tanja Szewczenko. Given some Olympic-approved anesthetics, she bounced back to win the free skate and ultimately the gold medal. The US’s Nancy Kerrigan claimed silver while China’s Chen Lu took bronze. With her win, Baiul became the first and only skater representing Ukraine to win a Winter Olympic gold medal, and the first Olympic champion in any sport representing the independent country.

Career in the US

Due to the poor conditions of ice skating infrastructure in Ukraine, Baiul decided to move to the United States following the 1994 Winter Olympics. There, her coach Galina Zmievskaya got her a lucrative contract with the talent agency William Morris Endeavor to tour the country and earn money. Baiul went on to participate in the US Outdoor Skating Challenge, broadcast on CBS television, and to star in productions of “The Nutcracker on Ice” and “The Wizard of Oz on Ice” for the same network. She also participated in the Tom Collins World Champions Tour and led the coaching staff at the newly constructed International Skating Center in Simsbury, Connecticut.

Baiul continued to skate non-competitively into the 21st century. She had a role in the skating stage musical “Cold as Ice” in 2007 at the Gateway Playhouse, and in the years after that skated in the annual show at the Kate Wollman Skating Rink in New York City. Baiul also made appearances on some television game shows unrelated to skating, including Bravo’s “Celebrity Poker Showdown” and ABC’s “Master of Champions.”

Drinking Problems

In early 1997, Baiul was arrested for driving under the influence after she crashed her car into a tree in Connecticut. Upon completing an alcohol education program and meeting the terms of probation, she had her charges dropped. However, her drinking problem only got worse, prompting her to enter a rehabilitation program for a few months. In an interview conducted in 2004, Baiul said she had been sober for six years.

Personal Life and Charity

Baiul married her manager, Carlo Farina, in early 2015. The couple has a daughter named Sophia and resides in Las Vegas, Nevada.

Involved in some charitable endeavors, Baiul supports the Tikva Children’s Home Charity, which helps Jewish children in Odesa. She’s also a member of the International Museum of Women, an online museum focused on global women’s issues.

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Michael Jordan’s Net Worth, Biography, Career, Awards, Fact and Life Story

Michael Jordan net worth 2020, salary and career earnings: Michael Jordan is a retired American basketball player, team owner, product endorser and entrepreneur. As of 2020, Michael Jordan’s net worth is $2.2 billion. During his NBA career, Michael earned a total of $93.7 million in salary. He was the first athlete in history to earn over $30 million per year in salary. He accomplished that feat during the 1996-1997 season when he earned $30.14 million in base salary. The following season he earned $33.14 million which is the same as earning $53.4 million today after adjusting for inflation. Even though he has not played basketball professionally in nearly two decades, today Michael earns $100 million per year from endorsements and various other business ventures. Please note that this is more in a single year than he earned from his salary in 16 NBA seasons. Michael earns at least $60 million every year from Nike/Jordan brand royalties. 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Michael Jordan Net Worth Milestones Year Net Worth 2009 $500,000,000 2013 $650,000,000 2014 $1,000,000,000 2016 $1,100,000,000 2017 $1,200,000,000 2018 $1,500,000,000 2019 $1,900,000,000 2020 $2,200,000,000 Early Life Michael Jeffrey Jordan was born on February 17, 1963, in Brooklyn, New York. His mother Deloris worked in finance and his father James R. Jordan Sr. was an equipment supervisor. When Michael was a toddler the family moved to Wilmington, North Carolina. Michael played basketball, baseball, and football at Emsley A. Laney High School in Wilmington. He famously tried out for the varsity basketball team as a sophomore but was rejected for being “only” 5 foot 11. Enraged at the rejection, MJ worked himself to the bone to excel on the Junior Varsity team. Over the summer between his sophomore and junior years, he grew four inches and subsequently earned that coveted spot on the varsity squad. Michael lit the varsity team on fire, averaging 25 points per game during both his junior and senior years. As a senior he was selected to play in the 1981 McDonald’s All-American Game in which he scored 30 points. College Career Not surprisingly, Michael, who now stood 6 foot 6, was recruited by dozens of college programs including Syracuse, UVA, Duke and the University of North Carolina. He ultimately chose to attend UNC. At UNC he averaged 13.5 points per game and was named ACC Freshman of the Year, leading the team to the 1982 NCAA Championship against the Georgetown Hoyas. With 15 seconds left in the game, Michael hit a go-ahead basketball over Georgetown Center Patrick Ewing. This would turn out to be the game-winning shot. Michael would later reveal that this game and that specific shot was a major turning point in his personal confidence and future basketball career. NBA Career Michael spent three seasons with the UNC Tar Heels, winning many accolades including the Naismith and Wooden College Player of the Year awards in 1984. He left UNC one year early to enter the 1984 draft. Impressively, Michael returned to UNC in 1986 to finish his degree and graduated with a Bachelor’s degree in geography. Amazingly, he was not the first pick. He was the THIRD pick after Sam Bowie (#2) and Hakeem Olajuwon. Michael was chosen by the Chicago Bulls as the third overall pick. Michael signed his rookie contract with the Bulls on September 12, 1984. The contract was a seven-year, $6 million deal, averaging to around $850,000 per season. In the year before Michael became a Bull, the team only sold out six total games. In Michael’s rookie season, attendance doubled. At the end of his fifth season, Michael and Chicago agreed on an eight-year, $25 million contract extension. It was the largest transaction in NBA history up to that point. Michael’s salary jumped to around $5 million per year as a result. When this contract was up in 1996, Michael signed a one-year $30 million deal. The next year he signed a one-year $33.14 million deal. The latter is worth the same as around $55 million today after adjusting for inflation. Michael retired and returned to the NBA twice. He retired once to play minor league baseball. When he returned to the NBA a second time, he played for the Washington Wizards for two seasons. As we’ve mentioned previously, Michael earned $93.7 million in total salary during his NBA career. After adjusting each year for inflation, he earned $161 million in salary. Below is a year-by-year breakdown of Michael’s NBA salary history: Season Salary Inflation Adjusted 1984-1985 $550,000 $1.4 million 1985-1986 $630,000 $1.5 million 1986-1987 $737,500 $1.7 million 1987-1988 $845,000 $1.9 million 1988-1989 $2,000,000 $4.4 million 1989-1990 $2,250,000 $4.7 million 1990-1991 $2,500,000 $5 million 1991-1992 $3,250,000 $6.2 million 1992-1993 $4,000,000 $7.4 million 1993-1994 $4,000,000 $7.4 million 1994-1995 $3,850,000 $6.7 million 1995-1996 $3,850,000 $6.7 million 1996-1997 $30,140,000 $50 million 1997-1998 $33,140,000 $53.41 million 2001-2002 $1,000,000 $1.5 million 2002-2003 $1,030,000 $1.5 million $93,772,500 $161 million Nike Deal And Annual Royalties Before Michael Jordan, the largest celebrity shoe endorsement contract in the world was James Worthy’s $150,000 annual deal with New Balance. In 1984, Jordan shattered all endorsement records when Nike agreed to pay him $500,000 per year for five years. Jordan also received Nike stock options which brought his total compensation to $7 million over five years. Prior to signing the deal, Michael had never worn a pair of Nike shoes in his life and had been hoping to sign with Adidas, but Nike’s offer was too rich to turn down and too much for Adidas to match. When he debuted the shoes, they violated the NBA’s uniformity restrictions. Nike paid all the league’s fines and used the controversy to build excitement around the brand. The Air Jordan shoe first appeared in stores in March 1985 and two months later had sold over a million pairs. Within the first year, Air Jordan generated $100 million in revenues for Nike. Today, 58% of all basketball shoe sales are Air Jordans and the brand generates over $2.5 billion in annual sales for Nike. In 1992, Michael earned 25 cents for every Jordan shoe that was sold. Today he earns $4 per shoe sold. Between 2002 and 2012, Nike paid Michael $480 million in shoe royalties. Today Michael Jordan’s annual Nike royalty check typically comes in around $80 – $100 million. However, in a number of years, his royalty check has topped $100 – $120 million. Endorsements Throughout his impressive career and even through to the present, Michael Jordan has been a spokesman for many corporate brands including Nike, Gatorade, Wheaties, McDonald’s, Coca-Cola, Chevrolet, Ball Park Franks, Rayovac, Hanes, and MCI. Jordan also maintains deals with Upper Deck, 2K Sports, and Five Star Fragrances. He owns a car dealership and seven restaurants. After Nike, one of his biggest early endorsement deals, one that would become lifetime cornerstones for MJ, was with Gatorade. At the end of the 1989 season, Michael signed a 10-year, $18 million endorsement contract with Gatorade. Gatorade’s famous “Be Like Mike” ad initially ran after the Bulls won their first of six titles. The Michael/Gatorade partnership brought both the brand and the man to even greater heights of popularity. A 2015 lawsuit against a supermarket chain that allegedly used Michael’s image without permission revealed that the superstar does not sign deals unless he expects to ultimately earn a minimum of $10 million from the partnership. We also learned that Michael at one point had turned down $80 million to endorse a line of headphones because he apparently doesn’t like wearing headphones. As of this writing, Michael Jordan has earned $1.4 billion from corporate partners during his career (before taxes). Juanita Jordan Divorce Settlement Michael married Juanita Vanoy in September 1989. They had three children together. When Michael filed for divorce from Juanita Jordan in 2002 after 13 years of marriage, he was ultimately forced to pay her a $168 million divorce settlement. It was one of the most expensive divorces in history. The settlement included cash, stocks and the value of their various real estate holdings. Michael has been married to Cuban-American model Yvette Prieto since April 2013. She gave birth to their identical twin daughters in February 2014. How Michael Jordan Became A Billionaire After taxes, divorce settlements, and other lifestyle costs, Michael’s net worth in 2006 was around $450 million. That same year, he bought a minority stake in the Charlotte Bobcats NBA team. At the time he was the team’s second-largest individual owner behind BET founder Robert Johnson. In 2010, Michael paid $175 million to buy out Robert’s stake in the team. With this transaction, Michael owned 80% of the team. In June 2014, it was revealed that Michael had increased his ownership stake again, this time from 80% to 89.5%. At the time, the newly renamed Hornets had recently been valued at $500 million, with $135 million worth of debt. Around this time the Clippers, which had recently been valued at $500 million, sold for $2 billion. Assuming the Hornets at this point were actually worth $600 million, that meant Michael’s stake after debt was worth $416 million, which, when combined with his $600 million outside fortune, made Michael Jordan a billionaire for the first time with a net worth of $1.016 billion. Read here for more info: Michael Jordan is a Billionaire. In 2019 Michael sold a small piece of his stake to hedge fund managers Gabe Plotkin and Daniel Sundheim at a valuation of $1.5 billion. Real Estate and Private Jet Michael’s primary residence today is a lavish mansion in Jupiter, Florida. The 26,000 square foot, 11-bedroom home sits on three acres located within Jack Nicklaus’ ultra-exclusive Bear’s Club community. He bought the lot in 2011 for $4.8 million, then spent two years and $7.6 million constructing a dream home. He also owns a $3 million lake home in Charlotte, North Carolina and a luxury condo in the city so he can be close to his Hornets. He reportedly also owns a property in Salt Lake City, Utah. Back in Chicago, Michael still owns a large mansion in Highland Park. Michael purchased a lot in Highland Park in 1991 and quickly set about building his dream home. The end result was a 7-acre property whose main house alone is 32,683 square feet. The house has nine bedrooms, 15 bathrooms, an NBA-quality basketball court, pool pavilion, 15-car garage, card room, tennis courts, PGA-quality putting green, cigar room, wine cellar… and so much more. Michael listed the house for sale in 2013 for $29 million. In May 2015 the price was reduced to $14.8 million. It has yet to find a buyer: Michael Jordan owns a $50 million customized Gulfstream IV private jet that shuttles him to and from houses all over the world. The jet’s tail features Michael’s famous “Jumpman” logo. Here is a video of the jet taking off from an airport in Canada: Summary As of 2020 Michael Jordan’s net worth is $2.2 billion. During his career to-date, he has earned $1.4 billion in pre-tax endorsement dollars. He earned around $93 million from NBA salary. He lost $170 million in a divorce settlement with his first wife. Michael’s best career investment has been his ownership stake in the Charlotte Hornets. He bought a majority stake in the team in 2010 f0r $175 million. In 2019 he sold a minority portion of his stake to an investment group in a transaction that valued the team at $1.5 billion.
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