Michael Jordan has dropped a jaw-dropping $US70 million ($A103 million) on a customised private jet, which pays tribute to his iconic line of Air Jordan sneakers.

Just weeks after spending $US2 million ($A2.9 million) on an exclusive Italian sports car, the NBA legend has gone all in on a top-tier Gulfstream 650ER, one of the fastest and most impressive jets in business aviation.

The six-time NBA champ didn’t stop at just buying the jet.

According to the New York Post, Jordan spent $US500,000 ($A741,000) on a custom paint job inspired by his famous elephant-print sneakers.

The exterior boasts a sleek silver-and-black design, with his signature Jumpman logo proudly displayed on the rear.

Even the jet’s tail number, N236MJ, has a special significance, blending his No. 23 jersey, his six championship titles, and his initials.

Under the hood, the aircraft packs a punch with two powerful Rolls-Royce engines, allowing it to reach speeds close to Mach 1.

Inside, the jet accommodates 19 passengers and offers high-end amenities.

It features leather recliner seats, a private dining area, a fully-stocked bar with LED lighting and even a private bedroom for those long-haul flights.

The jet’s range allows it to travel for up to 13 hours without stopping for fuel, but keeping it in the air won’t come cheap.

The maintenance cost alone is nearly $US1.9 million ($A2.8 million) per year for 200 hours of flying.

This includes hefty expenses like fuel, crew wages and insurance, with costs only increasing if Jordan takes to the skies for additional hours.

: News Corp Australia