Magic Johnson

Aug 14, 1959Lansing MIAmericanAge 66
BasketballRetired 1996Billionaire
Net Worthest
$1.2B
Annual Salaryest
Major business income
Championshipsverified
5x NBA
LA Dodgersverified
Part owner — $2.15B purchase

Magic Johnson — Net Worth and Career Earnings

Magic Johnson has an estimated net worth of $1.2 billion, making him one of the NBA's wealthiest retired players after Michael Jordan. His business empire includes a stake in the LA Dodgers (purchased as part of a $2.15 billion ownership group), hundreds of Starbucks and Burger King franchise locations, and entertainment venue investments. His 1991 announcement of his HIV-positive status transformed global public awareness of the virus.

Wealth

Net Worth
$1.2B
LA Dodgers
Part of $2.15B ownership group
Magic Johnson Enterprises
Starbucks, Burger King franchise
Entertainment complex
AMC and Loews theatres

Career

Championships
5x LA Lakers
MVP
3x
HIV announcement
1991 — changed public discourse
Business
One of most successful athlete-investors
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