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Eddie Jordan Net Worth, Biography & Lifestyle: Eddie Jordan, OBE, is an Irish former racing driver, motorsport team owner, businessman, television personality, and musician with a net worth of $600 million.
He’s best known as the charismatic team boss and founder of the Jordan Grand Prix as well as BBC Formula One lead analyst among many other hats.
His services to motor racing, combined with charitable works garnered him an honorary Order of The British Empire (OBE) in 2012.
Today, we’re going to be diving deep into Eddie’s net worth and earnings while we also cover:
Table of Contents
It’s an interesting and entertaining career- we went from being inspired to laughing funny thanks to Eddie’s stories.
(Once you’ve checked out Eddie Jordan’s net worth and bio – whatever you do – scroll to the end and check out our Fun Facts Section – there are a couple of surprises for you in there!)
Racing in three, two, one…
Who Is Eddie Jordan?
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|Eddie Jordan Net Worth: $600 million|
|Source of Wealth: Real estate, businesses, TV shows|
|Spouse/ Relationship: Marie Jordan (m.1979)|
|Date of Birth: March 30, 1948|
|Place of Birth/Nationality:|
|Children: Zoe Jordan, Miki Jordan, Zak Jordan, Kyle Jordan|
It’s impossible to avoid the name Jordan if you’re a car race fan.
Eddie Jordan has been a steady legendary figure from the 1970s and beyond, making a name by winning competitions, snagging stellar deals, and later on, championing young talents in the car racing industry.
He’s also a well-known businessman who doesn’t let a good business opportunity pass him by.
Even people who don’t know much about the car racing industry are impressed by his inspiring leadership and work ethic.
Read on to see how he exactly manages to build such great net worth and what he’s up to these days.
Edmund Patrick Jordan was set on the path of priesthood or dentistry before working as a banker.
That’s right. Even the man considers himself a hobby collector of some sort.
To start it out, Eddie took an accountancy course for six weeks and then went straight to Mullingar to work for the Bank of Ireland as a clerk.
Eddie Jordan was a self-proclaimed “villain,” after having been in confrontation with the banks he had worked with because he’s determined to “do anything for money.”
Once, Eddie had about four or 5 cars for sale at the parking lot of the bank. He’s working in the car loan section of the bank then and he’d wait for clients who were planning to buy a car and would then urge them to buy his cars instead rather than going to the nearby garage.
What’s worse (or better?)…
…was Eddie had the cars parked in the bank managers’ parking slots!
What a villain, indeed.
Eddie worked at the Bank of Ireland in Mullingar for about four years before moving to another branch in Camden Street, Dublin.
Then his fate was sealed in 1970…
…when a banking strike happened in Dublin.
As a result, Eddie Jordan went to spend the summer on the island of Jersey. He soon found work there in an electrical company as an accountant by day and bar staff in the evenings.
Now here’s the kicker.
This was the time when he learned how to kart race. Soon, Eddie Jordan was competing in unofficial races at St. Brelade’s Bay.
The future boss returned to Dublin, bitten by the kart racing bug, and soon bought his very own kart.
Eddie Jordan’s car racing career began to take off when he won the Irish Kart Championship in 1971.
He wasted no time and soon moved up with Formula Ford for the Irish Formula Ford Championship in 1974 and then to Formula Three in 1973.
Eddie Jordan was the new young champion on the block. But it’s never rainbows and butterflies.
In 1976, Eddie was forced to sit it out after an injury he got from a crash at Mallory Park. Eddie’s leg was shattered.
But then, Eddie Jordan came back with a bang.
After recovering from his injuries, EJ switched to Formula Atlantic and eventually won three races in 1977 alone.
The next year, Eddie Jordan won the Irish Formula Atlantic Championship, further contributing to Eddie Jordan net worth and making him more popular.
This also helped him seal a long-term contract with Marlboro, opening doors for more racing opportunities for Eddie.
And as if that’s not enough…
…in 1979, Jordan competed in the British Formula Three with Swedish racer Stefan Johansson bearing the name “Team Ireland.”
That very same year, EJ raced in Formula Two and was even able to do testing for a McLaren Formula 1 car.
Eddie Jordan also drove in the World Sports Car Championship using a Porsche and a Pink Floyd BMW.
Now, after injuries and failed deals…
…Eddie decided to take it a level up and establish his very own team, the Eddie Jordan Racing
Without enough funds at times, the team was barely able to afford an engineer for their cars. As a result, Eddie Jordan, the boss himself, had to stand as the team’s engineer most of the time.
He became more popular as the lively, colorful, and opinionated motorsport team boss who led Eddie Jordan’s team with great ambitions to young talents he wanted to see succeed.
…in an interview, Eddie Jordan shared that he soon found that car racers are “full of crap” and fragile. He went on to say that he had to psychologically trick them at times to make his drivers move.
Remembering one instance with one of his drivers Jean Alesi, Eddie shared:
“And I’d always dive into the cockpit, put my head around the guy in the middle of Formula 3 qualifying and I remember Jean Alesi during the French Grand Prix, I said ‘look, I’ve just put another half-inch on the roll bar…you will absolutely crunch it.
I did absolutely nothing, never changed a thing, and he went half a second quicker and I’m trying to say: ‘what’s the matter with these guys?’ They’re just headbangers. All they need is their head stroking.”
For the former Formula Ford driver, it’s always “mind over matter” in trying to get his team to move better.
The Eddie Jordan Racing team had drivers David Leslie, James Weaver, Martin Brundle, and David Sears.
…Eddie Jordan’s team got the British racing driver Johnny Herbert who later won them the British Formula Three Championship.
Soon enough, Jordan was fast becoming known as the successful mentor of many new drivers who owe their big breaks to him.
Some of them who have driven Jordan cars and won Grand Prix include Damon Hill, Michael Schumacher, Ayton Senna, Johnny Herbert, Nigel Mansell, Eddie Irvine, John Watson, Jean Alesi, Thierry Boutsen, and Roberto Moreno among many other prominent names.
He welcomed another decade when Jordan founded the Jordan Grand Prix in 1991.
Through this, Jordan gave Michael Schumacher his Formula One debut.
The Belgian Grand Prix saw Jordan Grand Prix all-time high when the drivers Damon Hill finished first and Ralf Schumacher finished second.
…the team lost a Honda partnership deal in 2002 and that started their financial struggles.
The Midland Group bought the Jordan Grand Prix in 2005 and renamed it MF1 Racing.
The next year, it was sold again this time to the Dutch company Spyker Cars, renaming the team as Spyker F1.
In 2008, it was then sold once more and became Force India.
But that’s not all.
Eddie Jordan wasn’t actually defeated at all, because, through all that, Jordan developed a good business portfolio of different interests and soon entered the television scene.
In 2009, Eddie Jordan returned to the F1 scene, not as a driver nor a charismatic team boss but a lead analyst for BBC’s Grand Prix coverage with Jake Humphrey and David Coulthard.
Aside from that…
…he also began writing for a column in F1 Racing Magazine titled This Much I Know.
Contributing more to Eddie Jordan net worth, he also worked as a television personality on a series named Eddie Jordan’s Bad Boy Racers.
In 2016, it was announced that Eddie was to be one of the presenters for the British motoring magazine Top Gear as well as a lead analyst for Channel 4’s C4F1.
But did you know?
This charismatic motorsport team boss is also a musician! Yep, you’ve read that right!
Apparently, Eddie also dabbled in music and actually had his own band named V10 where he played the drums.
Today, his band is known as Eddie & The Robbers and is still very much alive and gigging around the world.
So how successful is this Irish Kart Championship winner after all?
Though a college dropout, Eddie has two honorary doctorates coming from the University of Ulster as well as the Dublin Institute of Technology.
The James Joyce Award given by the Literary and Historical Society of the University College Dublin and a Gold Medal of Honorary Patronage of the University Philosophical Society of Trinity College is just a few of his awards for his contribution to the motorsport industry in Ireland, as well as his charity works.
And it gets better.
In 2012, Eddie Jordan was awarded an honorary Order of the British Empire by Her Majesty the Queen for the same reasons.
Other Quick Facts:
How Much Is Eddie Jordan Net Worth?
The former Irish Kart Championship winner Eddie Jordan’s net worth is a staggering $600 million!
Eddie Jordan Net Worth Year By Year
Eddie Jordan Book
An Independent Man: The Autobiography
In his own biography, Eddie Jordan retells the story of his humble beginnings to becoming a motorsport team boss, and eventually, a successful businessman.
Eddie Jordan is a well-known car racer, but more than that, he’s also more recently known as a prolific businessman. Below is a list of the legendary driver’s business ventures.
Madara Bulgarian Property Fund- Eddie Jordan is a shareholder and a director of this active Bulgarian real estate development company that is involved with developing Karadere Beach.
Jordan Brand Ltd– This company produces Eddie’s own vodka brand called V10 as well as an energy drink called EJ-10.
The Young Eddie Jordan
Eddie Jordan was born Edmund Patrick Jordan on March 30, 1948, in the Wentworth Nursing Home in Dublin, Ireland.
His parents are Paddy Jordan and Eileen Jordan.
Paddy Jordan was the twin brother of the Mother Rectoress, a senior nun of the Irish Sisters of Charity, and was working as an accountant.
When he was just ten months old…
…Jordan developed a variant of the pink disease. As per the doctor’s instructions, the Jordan family moved from Dublin to Bray for its fresh air which proved good for baby Edmund Jordan.
His childhood nickname was “Flash” because his surname happened to rhyme with “Gordon.”
Eddie’s earliest drive was with his father, Paddy Jordan, who taught him how to drive in their Anglia 1200.
Eddie Jordan High School – Synge Street Christian Brothers School
Eddie Jordan attended the all-boys school Synge Street Christian Brothers School for eleven years.
As a former part of a monastery, it played a part in molding Eddie into the Christian way of life, and as a result, he briefly considered becoming a priest.
Young Eddie Jordan and his fellows used to be beaten because they didn’t study hard enough.
But despite this…
…Eddie didn’t develop a bitter feeling towards the school but instead, stated its high education quality years later.
Eddie Jordan University – College of Commerce, Dublin
After thinking of going into the priesthood, Eddie then thought of taking Dentistry but he soon ended up taking a six-week accountancy course in the College of Commerce, Dublin instead.
Eddie Jordan Family & Relationships
Marie Jordan -Eddie Jordan wife
Marie Jordan is Eddie’s first and only wife.
The woman is also a sportsman just like Eddie. As a matter of fact, Marie Jordan is actually a former Ireland Basketball Player!
When asked about the best drive of his life…
…the Irish Kart Championship winner shared that it’s on the circuit of Ireland in Kerry he was driving with Marie when he stopped in a lay-by and asked the 18-year old woman to marry him.
Eddie and Marie Jordan married in 1979.
Eddie Jordan children
Marie and Eddie Jordan have four children, namely:
And coming up in a jiffy- we’re going to get a closer peek into how the former Irish Kart Championship winner Eddie Jordan spends his money – yes, including his many cars and yachts… But before that, let’s take a look at some of his career highlights.
Eddie Jordan Career
How Eddie Jordan Spends His Money
The sports that Eddie Jordan competed in are widely considered a glamorous sport.
And as if that’s not enough…
…Eddie Jordan here seems to be extending it to his lifestyle as well. The legendary racer loves splashing his cash into countless yachts and fast cars.
And how could we forget his properties and lands?
Eddie Jordan Houses
Eddie and his family are based in Dublin but apparently, the man just loves buying houses and lands! Read on to see the places Eddie Jordan calls home.
Wentworth Home- Situated inside the Wentworth golf course in Surrey is Eddie’s palatial home in the United Kingdom.
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Monaco home- Eddie and Marie also like to spend some time in their home in Monaco where Eddie loves watching and doing yacht shows.
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London Flat- Eddie shares a flat with his youngest son Kyle, worth over $1 million. In 2018, they put it up for a raffle on the site Win a Property.
Eddie Jordan cars
Naturally, this car race legend has a car collection that’s to die for! He sure loves his fast and shiny cars but he also admitted to having craved to drive regular cars on a daily basis.
BMW 235i– According to Eddie, this is his favorite everyday car and the “greatest car I’ve ever had.”
Mini 1000- Eddie also once shared that his Mini Cooper is one of his most favorite rides.
Eddie Jordan yachts
Eddie Jordan is also a big fan of yachts. In fact, he’s a proud owner of several yachts, including:
Blush Yacht that’s worth more than $50 million
Lush Yacht – has a value of over $7 million.
5 Lessons Learn Financial Freedom From Eddie Jordan
- It doesn’t hurt to be extra aggressive in reaching out for your dreams.
- Always give back.
- Become a mentor and share your knowledge with the startups.
- Don’t deny yourself the rewards that you deserve.
- Providing for your family is the greatest motivation of all.
Top 3 Quotes From Eddie Jordan
Frequently Asked Questions (FAQs)
Is Eddie Jordan Gay?
Still in love with his wife Marie with 4 children between them, there’s no evidence that Eddie Jordan is gay.
Why is Eddie Jordan not on F1?
Eddie admitted to not wanting to run a modern F1 team now as it’s “very different” today and he’s very old-fashioned.
Is Racing Point Jordan?
Racing Point originated in Eddie Jordan’s Jordan Grand Prix team.
Conclusion: Eddie Jordan Net Worth, Bio, Lifestyle
Eddie Jordan undeniably stood out in the sea of car racers from then up until today all thanks to his wit, strong personality, outspokenness, and a colorful attitude.
He made car racing sound way cooler than before!
What’s your favorite takeaway from Eddie’s career? Let us know!
I hope you enjoyed this article. If you just can’t get enough of Eddie’s hustle story, check out the details in his autobiography right HERE!