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How Much is Magic Johnson Net Worth?

How Much is Magic Johnson Net Worth?

Even though Magic Johnson is now retired from NBA as a basketball player, but Magic Johnson net worth is going up every year. Magic Johnson net worth is $500 million. His annual salary when he played as a basketballer was $14 million contract. He retired as a basketballer and became an entrepreneur after he announced that he had contracted HIV/AIDS, not sure where he got HIV, but after that Magic Johnson became an activist of HIV/AIDS community. Magic Johnson owns business such as like Magic Johnson Enterprises a brands to ethnically diverse neighborhoods, and also Magic Johnson invented Canyon-Johnson and Yucaipa-Johnson funds, an urban real estate and companies catering which focus on America’s undeserved markets and a movie studio and a promotional marketing company named Magic Johnson Enterprises and Magic Johnson Theaters. From his net worth he gave his more than $1.1 million to HIV/AIDS community-based which focus in education and prevention. From all of his business it is predicted that Magic Johnson gross is over than $1 billion. Magic Johnson and his partner group also purchased  The Dodgers for $2 billion from Frank McCourt.

Full Name, Name  Earvin “Magic” Johnson, Jr
Age, Born  August 14, 1959 (age 55) Lansing, Michigan
Net Worth  $500 million and $1 billion gross from his business companies.
Endorsement  Starbucks, 24 Hour Fitness, T.G.I. Fridays, AMC Theatres.
Source of Wealth  Basketball player, entrepreneur
Achievements  NBA Champion, NBA Finals MVP, NBA All star and many more
Assets  Magic Johnson Enterprises, Magic Johnson Theaters, Starbucks, 24 Hour Fitness, T.G.I. Fridays, AMC Theatres.
Family  Earlitha Kelly (married in 1991) have three children

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