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Eddie Jordan's enormous net worth, Michael Schumacher 'ban' and cancer revelation in full

Former team owner and television pundit Eddie Jordan is seen in the paddock during practice for the Chinese Formula One Grand Prix at the Shanghai International Circuit on April 12, 2013 in Shanghai, China.
-Credit: (Image: Mark Thompson/Getty Images)


Eddie Jordan has opened up on how he is battling "aggressive" prostate and bladder cancer, with the Formula 1 icon urging people to go and get tested.

The ex-F1 team owner, who founded Jordan Grand Prix and was a mentor to many racing legends, spoke about his cancer diagnosis on his Formula for Success podcast – which he hosts alongside David Coulthard. The 76-year-old admitted that they had alluded to some health issues for some time on the show, but felt the need to come clean about the "dark days" he faced during treatment.

Jordan said: "We've kind of alluded to it David, over the shows. Way back in March and April, I was diagnosed with bladder and prostate cancer. And then it spread into the spine and the pelvis, so it was quite aggressive."

The businessman also praised the efforts of Sir Chris Hoy, who also revealed his cancer diagnosis earlier this year. The former Team GB Olympic cyclist shared in October that he had been hit with a terminal prognosis, as the disease in his prostate had spread to his bones – giving him between two to four years to live.

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Jordan continued: "And we've all heard about our wonderful friend Sir Chris Hoy, who is an absolute megastar, and he [was] coming out and talking about illness such as like what I've got, but he's a far younger man. But this is a little message for all the anchors and everybody listening to this: don't wait or put it off.

"Go and get tested, because in life you've got chances and there is so much medical advice out there and so many things that you can do to extend your lifetime. Go and do it. Don't be stupid, don't be shy. It's not a shy thing – look after your body, guys.

"We’ll move on, but yes, some very dark days in there – but we pulled out of it, thankfully."

Following the news of Jordan's cancer diagnosis, we have looked into the F1 legend's life until now – including his racing portfolio, his 'ban' on visiting Michael Schumacher, and his enormous wealth.

Eddie Jordan's Formula 1 legacy

British drivers David Coulthard and Damon Hill of Williams, Johnny Herbert of Benetton, Eddie Irvine of Jordan, Martin Brundle of Ligier and Mark Blundell of McLaren pose for a photo ahead of the Brazilian Grand Prix at Interlagos on March 26, 1995 in Sao Paulo, Brazil.
Jordan has built up quite the legacy in F1 -Credit:Pascal Rondeau/Allsport/Getty Images

Jordan kickstarted a Formula racing team back in 1979 that grew to be one of of the biggest groups in F1 by the 1990s. At the beginning of Eddie Jordan Racing, some of the main drivers included James Weaver, now-broadcaster Martin Brundle and Johnny Herbert.

Jordan Grand Prix was then founded in 1991, and gave racing legend Michael Schumacher his Formula 1 debut in the same year that the team debuted. After just one race for Jordan, however, Schumacher made a move to rivals Benetton – where he won two World Championships.

Other drivers who have raced in Jordan's cars include the legendary Ayrton Senna, Nigel Mansell, Damon Hill and even Schumacher's younger brother Ralf.

Jordan Grand Prix achieved its best ever result in 1998, when Ralf Schumacher and Hill finished in second and first at the Belgian Grand Prix. Just a year later, Heinz-Harald Frentzen became a contender for the drivers' championship, ultimately finishing third – which is the best placing ever of a Jordan driver.

MAR 1995:  EDDIE IRVING DRIVES HIS JORDAN PEUGOT FORMULA ONE CAR DURING TESTING IN ESTORIL, PORTUGAL.
The Jordan Grand Prix team first made its start in F1 in 1991 -Credit:Mike Hewitt/ALLSPORT

However, results declined and Jordan ended up selling his F1 team to Midland Group for a whopping £47.1million ($60m) in 2005. Just a year later, the company was sold once again to Dutch car manufacturer Spyker for £83.6m ($106.6m) and had been renamed to MF1 Racing.

Jordan's old F1 team was most recently owned by Force India, who were liquidated in 2018 and had its assets sold to Racing Point – which then became Aston Martin for the 2021 F1 season. So, the 76-year-old's team went through quite the transformation over the years, and has a host of iconic names tied to it.

Former F1 team owner turns to broadcasting

In 2009, decades after his initial move into F1, Jordan returned to the sport as a pundit for BBC Sport's Grand Prix programme alongside Coulthard and Jake Humphrey. He was full time on the show for three years, but switched to only doing live races from 2012 to 2015.

The F1 legend has done plenty for the sport, including breaking many racing stories before they were official in the news. These stories include Schumacher's return to racing in 2010, Lewis Hamilton's move to Mercedes and Felipe Massa's exit from Ferrari.

Eddie Jordan during the Formula 1 Pirelli Gran Premio d'Italia 2023 on September 1st, 2023 in Monza, Italy.
The Irish businessman is now an active pundit and lead analyst of the sport -Credit:Alessio Morgese/NurPhoto via Getty Images

Jordan has also launched his own F1 podcast alongside Coulthard, and works as the lead analyst on Channel 4's C4F1 show.

Jordan's 'ban' on seeing Michael Schumacher

Following Schumacher's horrifying skiing accident in 2013, Jordan's former F1 driver was placed in a medically-induced coma and has remained private about his health ever since. The 76-year-old admitted in an interview with The Sun in 2023 that he had "made an effort" to visit his old friend, but was refused entry by Schumacher's wife, Corinna.

Jordan said: "I made an effort to go see Michael in the early days and Corinna refused, and rightfully so because too many people wanted to go see him. Jean Todt was given the privilege to go see him because of how close they were from their time together at Ferrari which is completely understandable.

"I was not able to go see Michael and they said, 'we love you Eddie and we've been involved with you for a very long time, but we do need privacy and safeguard of Michael'."

The businessman admitted that he was very understanding of the family's need for privacy, and added that it was a "horrific" situation to deal with.

Formel 1, Grand Prix Belgien 1991, Spa-Francorchamps, 25.08.1991 Jordan-LKW Eddie Jordan Michael Schumacher.
Jordan gave Schumacher his first start in Formula 1 back in 1991 -Credit:Hoch Zwei/Corbis via Getty Images

Jordan said: "This was the most horrific situation for Mick and Corinna. It's been nearly ten years now and Corinna has not been able to go to a party, to lunch or this or that, she's like a prisoner because everyone would want to talk to her about Michael when she doesn't need reminding of it every minute."

The former racing driver also shared with OLBG that Schumacher's son Mick had reached out to him, which meant a lot to an old friend of the World Champion driver. Jordan added: "As far as I’m concerned, I was touched by it and the reason I was touched by it was because it can’t be easy knowing that your father is not able to be part of the family, he’s there but he’s not there.

"It touched me because I felt so much about Michael, I went out of my way to find him, give him his first chance in Spa, didn’t last very long but that love for him still lasts and will always do so while I’m able to draw breaths."

Eddie Jordan's net worth and lavish possessions

Celebrity Net Worth has valued Jordan at an eye-watering £470.9m ($600m), and credits this net worth to his long and highly successful career in F1 racing. Despite having never driven in F1 himself, Jordan has raced in Formula 2 but gave up the excitement of driving to concentrate on building up other people's careers in the sport.

With this serious amount of money behind him, it's no surprise that Jordan has had a big amount of lavish possessions over the years – one of which includes a 45.3-metre long sailing yacht.

Boat
Jordan ended up selling his 45-metre long yacht this year -Credit:Boat International

This yacht, called the Blush, was sold earlier this month for an asking price of £9.4m (€11.4m) and sleeps up to 12 guests in a five-cabin arrangement. Boat International reports that the yacht was built to keep the interior as quiet as possible, while also being carefully looked over since its launch in 2017.

Before the boat was sold, Jordan spoke in 2020 about how his early life by the sea meant that he enjoyed going out on Blush – and how it helped him connect to himself.

The F1 analyst said: "You wouldn't have any Jordan without living beside the sea because I feel I'm handcuffed to the sea. I feel naked when I'm not around it. I was brought up by the sea in Dublin."

As well as his beloved boat, Jordan has owned a multitude of properties that he has bought and sold over the years. For example, the Irishman raffled off his flat in Tooting, London that was worth a whopping £750,000 back in 2018.

Love Property reported at the time that the businessman owned the swish flat with his son, Kyle, and had raffled off the property on Win A Property (WAP). The raffle required people to pay a £10 entry fee and play a game as part of the process to win the house.

The home was situated on Lucien Road and had been transformed into a modern property with an open-plan kitchen and luxurious private roof terrace to boot.

Speaking to the Evening Standard's Homes and Property at the time, Jordan said: "I get the clear impression that in London, owning even a studio or starting a family is out of reach of most people."

Eddie Jordan's love life and family-of-six

Eddie Jordan and his wife
Eddie Jordan and his wife Marie

Before Jordan's F1 career took off in the 1990s, he met his fellow athletic wife Marie and they married in 1979. The ex-women's basketball player – formerly Marie McCarthy – has her own history in sport, having represented Ireland at international level.

She shares four children with Jordan – fashion designer Zoe, Zak, Kyle and former F1 grid girl Miki.

Eddie's youngest daughter Miki was working as a grid girl at the 2004 British Grand Prix when she ended up bumping into one of her dad's former racing drivers, Martin Brundle, who's now a fans' favourite working on Sky Sports.

Brundle, famously known for his iconic grid walks before a race, spoke to Miki who had been given the opportunity to work on the famous Silverstone grid by her father. Brundle said: "Luckily, she got her mother's looks of course. Miki, how did you get this job, other than of course having your dad around? Did you apply for it?"

Jordan's youngest just smiled and replied: "I didn't Martin, no."