Yahoo Web Search

Search results

  1. Oct 30, 2023 · Former NBA point guard Magic Johnson is now a billionaire, joining fellow NBA players Michael Jordan and LeBron James as well as golfer Tiger Woods as the only athletes to do so. The business ...

    • What Is Magic Johnson's Net Worth, Salary and Career Earnings?
    • Did Magic Johnson Turn Down A $5 Billion Nike Deal?
    • Early Life
    • NBA Career
    • Retirement
    • Magic The Entrepreneur
    • Personal Life
    • Salary Highlights
    • Real Estate

    Earvin "Magic" Johnson Jr. is a retired American basketball player and entrepreneur who has a net worth of $800 million. After winning basketball championships in high school and college, he was selected the first overall player in the 1979 NBA Draft by the Los Angeles Lakers. He played point guard for the Lakers for 13 seasons. He won the NBA Cham...

    There is a popular legend, which was repeated in a season 2 episode of the HBO series "Winning Time: The Rise of the Lakers Dynasty," that Magic Johnson turned down an offer from Nike in the late 1970s that would have made hum a multi-billionaire. According to the legend, in mid-1979, hot off winning the NCAA Final with Michigan State (he defeated ...

    Magic Johnson was born on August 14th, 1959 in Lansing, Michigan. His father, Earvin Sr. worked on a General Motors assembly line and his mother Christine was a school janitor. Magic fell in love with basketball at an early age watching his heroes like Earl Monroe. Johnson went to Everett High School where he joined the basketball team as quickly a...

    Magic was the first overall pick of 1979 draft, chosen by The Los Angeles Lakers. In his rookie season, Magic and teammate Kareem Abdul-Jabbarled the Lakers to the NBA championship where Magic was named the MVP of the NBA Finals. Magic won five NBA Championships with the Lakers in the years 1980, 1982, 1985, 1987, and 1988. He was the three-time NB...

    After announcing his infection in November 1991, Johnson created the Magic Johnson Foundation to help combat HIV. Johnson has been an advocate for HIV/AIDS prevention and safe sex, as well as an entrepreneur, philanthropist, and broadcaster. His public announcement of his HIV-positive status in 1991 shocked the public and went a long way towards di...

    It has not been a quiet retirement for Magic. In retirement, he launched a business empire called Magic Johnson Enterprises that is valued at over $1 billion today and has given Magic a personal net worth of $600 million. Magic Johnson Enterprises owns Magic Johnson Theaters, a movie studio, and a promotional marketing company. In 1994 Magic paid $...

    Johnson married Earlitha "Cookie" Kelly in a small ceremony in Lansing, Michigan in 1991. The couple has a son, Earvin III (aka E.J. Johnson), born in 1992. EJ appeared on the reality TV show Rich Kids of Beverly Hills. Magic and Cookie adopted their daughter Elisa in 1995. Johnson and his wife live in Dana Point, California and Beverly Hills. John...

    During his playing career, Magic earned just over $18 million in salary and several million more in endorsements.

    Magic Johnson and his wife own a home in Beverly Hills in the gated section known as Beverly Park. The couple also owns a Tuscan style beach house in Dana Point, in Orange County, California. The couple used to own a house in Napili, Hawaii, but it was too far to get to when their children were growing up so they swapped it for the beach house loca...

    • Celebrity Net Worth
  2. Apr 2, 2024 · According to Forbes , Magic Johnson’s net worth in 2024 is a whopping $1.2 billion. Although he achieved massive success as a basketball player, he made his fortune mostly through savvy business ...

  3. www.forbes.com › profile › magic-johnsonMagic Johnson - Forbes

    Earvin "Magic" Johnson is one of the greatest NBA players of all time. Forbes named him a billionaire in October 2023. Johnson earned only around $40 million total as a Los Angeles Lakers player ...

    • Athlete, Entrepreneur
  4. Apr 14, 2023 · What is Magic Johnson's net worth? Per Celebrity Net Worth, Johnson is valued at $620 million. The vast majority of Johnson's wealth stems from his foray into various industries. Johnson was among ...

  5. People also ask

  6. Mar 8, 2024 · Introduction. As of April 2024, Magic Johnson’s net worth is approximately $1.2 Billion, and he’s one of the richest athletes in the world . Earvin “MagicJohnson Jr. is an American retired professional basketball player and former president of the Los Angeles Lakers of the NBA. He played point guard for the Lakers for 13 seasons.

  7. Oct 30, 2023 · NEW YORK -- Former NBA star and investor Magic Johnson is officially a billionaire, becoming the fourth athlete to earn that title, according to Forbes. Johnson, 64, is worth about $1.2 billion ...

  1. Searches related to What is Magic Johnson's wealth?

    magic johnson's theater