Magic Johnson Net Worth – Bio, NBA President – CNW

Name:Magic Johnson
Magic Johnson Net Worth
Famous As:American basketball player
Profession:A Basketball Player, Actor, Coach, Entrepreneur
Nickname:Rawal, Magic, E.J the Deejay & Buck
Birth Name/Full name:Ervin Johnson Jr.
Dob:14 August 1959
Age:60 Years
Height:6.9 Feet (2.06m)
Weight:99.8 Kg (220 lbs)
Spouse:Cookie Johnson (Married.1991)
Children:EJ Johnson, Elisa Johnson, Andre Johnson
Father's Name:Earvin Johnson Sr.
Mother's Name:Christine Johnson
Siblings:Quincy Johnson, Larry Johnson, Pearl Johnson,
Lois Johnson, Evelyn Johnson, Yvonne Johnson
Education:J.W. Sexton High School.
Everette High School.
Michigan State College & University (1977–1979)
Country/Birthplace:Lansing, Michigan, United States of America
Playing Career:1979 to 1991, 1996
NBA Draft‎:1979‎
Round: 1
Pick: 1st overall
Sun Sign:Leo (27th most popular Leo)
Team:Los Angeles Lakers
Position In Team:Point guard
Shirt Number:32
Net Worth$600 Million

Before You know Present Magic Johnson Net Worth First Read Little. Magic Johnson is a retired professional basketball player, and currently, he is president of the national basketball association. Magic Johnson born on August 14, 1959, in Michigan, USA. His playing career duration was from 1979-1991, and then he did numerous things and appointed in many renowned brands to establish and explore more of his life than Just as a basketball player. Johnson’s basketball career had started in 1979 when he was selected first overall in the 1979 NBA by the Lakers. He is one of the most promising and champions of all and in his rookie season he won the title of NBA finals most valuable award and also earned four more championships with the Lakers team during the 1980s. Earvin Magic Johnson net worth is $600 Million as of 2019.

Magic Johnson Net Worth 2017.

The Successful Entrepreneur And Athlete In NBA History.

Though Magic Johnson has been retired from the basketball career, it does not mean that his net worth will remain the same or it will not increase. In fact, after retirement, he is now paying full attention to his business. As a result, his net worth is increasing every year.

If we talk about his basketball career, he earned $18 million in salary. Also, he was a part of various endorsements that added several million dollars to his net worth. Johnson was the first overall pick in the NBA draft. In 1979 Los Angeles Lakers chose him to be part of their basketball team. He dominated the basketball court as one of the greatest point guards. He was indeed an exceptional player. His achievements include bringing Gold medals in the Olympics as part of the dream team. At that time Larry Byrd and Michael Jordon were also the part of the dream team. It is quite easy to know what Magic Johnson Net Worth 2017 is after knowing the details of his successful career as a basketball player.

In the year 1991, he got retirement from basketball after knowing about his HIV diagnosis. He also made a public announcement about his HIV diagnosis at the time of retirement. He has made it a mission to become an advocate for HIV/Aids.

Magic’s Rich Son:

Magic Johnson has three kids, two sons, and one daughter. His son E.J. Johnson is also a celebrity. And guess what? He is rich and famous as well. Instead of getting the advantage of his father’s wealth EJ decided to make his own way towards success.

As far as the Magic Johnson’s wealth is concerned, he is a wealthy athlete. The Magic Johnson Net Worth 2017 is $600 million.

Magic Johnson Net Worth 2016.

The Magic Johnson Net Worth 2016 is also $500 Million Because he retired in 2016 and reactivated again in the same year.  Magic Johnson has numerous business interests, and he tried and experienced many corporate works such as he is a part of investor that purchase Los Angeles Dodgers in 2012. He had also buy minor league sports team in 2014. He remained Activist on HIV and introduced many initiatives to break the stereotypes and help others to secure their life by funding and services to those who are affected due to HIV and AIDS.

The Basketball Legend Magic Johnson Net Worth 2015

Magic Johnson played as a star point guard on the basketball court for Los Angeles Lakers. During 1980’s he powered his way to the five basketball championships by working hard and showing great performances.  After retirement, he is a successful businessman now. But Magic Johnson Net Worth 2015 is not made only by the basketball career. His net worth also includes the earnings from his business powerhouse. The astounding figures of his net worth are enough to rank him as one of the most successful athletes and one of the wealthiest African American these days.

The Richest Athlete Magic Johnson:

You may wonder how rich the athletes are and how lavish their lifestyle is. Well, the rich athletes have more than the speed and agility. Successful athletes earn millions during their careers before retirement. Smart athletes invest their money into some profitable business to maintain their net worth. The business-savvy athletes build their own powerhouses that allow them to maintain the lavish lifestyle. It is an exciting fact to know that some of the celebrities don’t make most of their wealth by dribbling a ball or kicking. Most of their income comes from investments, business ventures, and endorsements.

After his retirement, he announced that he had contracted HIV. Later he chose to become an entrepreneur and introduced well-known brands to ethnically diverse neighborhoods. He has partnerships with:

  • 24-hour fitness
  • Fridays
  • TGI
  • AMC theatres
  • Starbucks

Also, he has invested in urban real estate. Through his Yucaipa Johnson and Canyon-Johnson funds, he has invested in the companies catering to America’s underserved markets. Magic Johnson Net Worth 2015 is probably $ 500 million. He was an exceptional basketball player and now a successful entrepreneur who is working for HIV patients as well.

Magic Johnson Net Worth 2007.

As on 2007, Magic Johnson net worth was $7, 6000, 000 and he purchased a mansion which is huge and consisted of 7 bedrooms located near Dana Point, California in the USA. His regular earnings and his philanthropy work towards society’s people are praiseworthy. He experienced a lot during his HIV stage and which helps him to understand life more deeply with real learnings.

Magic Johnson Net Worth 1995.

Magic Johnson net worth was $14, 6000,000, and his comeback in 1996 again with Los Angeles Lakers. Later he retired fully, and he started focusing on his venture, and after that, he was known as an influential entrepreneur. His initiative of starting Magic Johnson enterprise which is a real estate empire that helps in developing urban areas and helps underserved communities. He is a genuine human by heart, and he also authored many books.

Also Read About: Earvin III Johnson Magic Johnson Son

Magic Johnson Net Worth 1990.

Magic Johnson’s net worth also consists of his endorsement earning where he endorses Campofrio with charging $3000,000 and similarly his salary as an NBA player also keeps on booming to 14,6000,000 as in 1995. Although he retired from basketball in 1991 after a public hearing of his HIV diagnosis. He was such a great player who dominated the game of the biggest guards in league’s history and 1992, and he went to Olympics with Michael Jordan, Larry Byrd as a part of Dream Team where they earned gold.

Magic Johnson Net Worth 1985.

Magic Johnson net worth keeps growing when he continues to play for the same Los Angeles Lakers, and during his career from 1979 to 1990 with Lakers, he earned different salary figures approximately near $3000, 000. He is a great player during this period, and he has won many championships in this time.

Magic Johnson Net Worth 1979.

Magic Johnson’s net worth was $2,500,000 during his first career where he joined and playing for Los Angeles Lakers for $5, 00,000 and also sponsorship of $2000, 000 for endorsing Converse. He was always not just passionate just about playing basketball but also with other business ventures. His successful career depicts that utilizing money tom people’s welfare and always doing something productive. He is a great business person too by his retirement period.

Magic Johnson As A Person.

The life of Magic Johnson inspires millions and he always been stood for those who need his help. Magic Johnson struggles a lot because of the racism factor during his time at “Everett,” and thus he always put the step forward to break all those stereotypes related to any HIV affected person. Although Magic Johnson has married Earlitha Kelly since 1991 and she always supported Johnson right from his diagnosis, and they both have an excellent relationship.  He is contributing love and care to many people who are affected by HIV & AIDS; He has also worked with many organizations such as Boys & Girls Club of America, the Celebrity Fight Night Foundation, and Keep a Child Alive. His inspiring story and real-life experiences give millions of us strength and lesson about life and humanity.


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