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Magic Johnson Net Worth

How rich is Magic Johnson?

Magic Johnson Net Worth:
$500 Million

Birth date: August 14, 1959
Birth place: Lansing, Michigan, United States
Height:6 ft 9 in (2.06 m)
Weight:231 lbs (105 kg)
Profession: Talk show host, Basketball player, Actor, Film Producer, Athlete, Entrepreneur, Television producer, Basketball Coach
Education: Michigan State University (1977–1979), Everett High School
Nationality: United States of America
Spouse: Earlitha Kelly (m. 1991)
Children: Elisa Johnson, Earvin III Johnson, Andre Johnson
Source: Wikipedia & Freebase

Magic Johnson profiles:

facebook.com/MagicJohnson
twitter.com/magicjohnson

Magic Johnson wiki & biography:

Magic was born is a normal family, not rich, his father worked on General Motors assembly line and his mom was a janitor in a single school. He fell in love with basketball since early childhood when he watches his favorite stars on television.

The name suited him absolutely, because he led his team to state championship during his senior year.

As a result of the reality that he was so great in basketball Magic Johnson net worth increased when he directed his university team to NCAA finals. He’d offers from distinct university’s to attend 16 assists and attain scholarship but his selection was to stay near home and attend Michigan State University. His team won the finals and Magic Johnson was called Most Outstanding Player of the Final Four.

During his carrier Magic Johnson net worth raised a lot because he was good in basketball and had the skills needed to be among the greatest. He played for Los Angeles Lakers since 1979. He won four tournaments with the Lakers and increased that increased Magic Johnson net worth with big money.

Yet in 1991 Magic got infected together with the HIV virus and that was critical for his carrier as a basketball player. Magic appeared in some games but in 1996 was officially retired from basketball. But even in his retirement Magic understands the way to earn money.

Consequently, he also brought in cash from endorsements. He was smart enough and revealed his skills when he used this money in order to set a business named Magic Johnson Enterprises which is worth over a billion of dollars. Lots of different show business attractions belong to this company including movie theatres and a movie studio. Magic Johnson net worth grown largely because of his abilities to set up company and not because of basketball. Basketball just made a start for him.

Magic Johnson net worth also allows him to live a lavish life and although he’s infected with an incurable virus Magic Johnson appreciates life just how it is.
After winning championships in high school and college, Johnson was chosen first overall in the 1979 NBA Draft by the Lakers. He won a tournament and an NBA Finals Most Valuable Player Award in his rookie season, and won four more tournaments with the Lakers during the 1980s. Johnson retired unexpectedly in 1991 after declaring that he’d contracted HIV, but returned to play in the 1992 All-Star Game, winning the All-Star MVP Award. After protests from his fellow players, he retired again for four years, but returned in 1996, at age 36, to play 32matches for the Lakers before retiring for the third and final time.

Johnson’s career achievements include three NBA MVP Awards, nine NBA Finals appearances, twelve All Star games, and ten All-NBA First and Second Team nominations. He led the league in regular-season assists four times, and is the NBA’s all time leader in typical assists per match, at 11.2. Johnson was an associate of the 1992 United States men’s Olympic basketball team (“The Dream Team”), which won the Olympic gold medal in 1992. After leaving the NBA in 1992, Johnson formed the Magic Johnson All Stars, a barnstorming team that travelled around the world playing exhibition games.

Johnson was honored as truly one of the 50 Greatest Players in NBA History in 1996, and enshrined in the Basketball Hall of Fame in 2002 for his individual career, and again in 2010 as a member of the “Dream Team”. He was rated the greatest NBA point guard of all time by ESPN in 2007. His friendship and rivalry with Boston Celtics star Larry Bird, whom he faced in the 1979 NCAA finals and three NBA championship series, are well recorded. Since his retirement, Johnson is an advocate for HIV/AIDS prevention and safe sex, along with an entrepreneur, philanthropist, broadcaster and motivational speaker. Named by “Ebony Magazine” as one of America’s most influential black businessmen in 2009, Johnson has numerous business interests, and was a part owner of the Lakers for many years. Johnson also is portion of a group of investors that purchased the Los Angeles Dodgers in 2012 and the Los Angeles Sparks in 2014.

Magic Johnson is a retired professional basketball player and entrepreneur with an estimated net worth of $500 million. Johnson is…

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