Magic Johnson is an American basketball player who has a net worth of $620 million. He was named to the NBA 75th Anniversary Team in 2021 after playing 13 seasons for the Lakers. In 1996, he was recognized as one of the NBA’s 50 greatest players of all time. He was named NBA Champion and NBA Finals Most Valuable Player. He is a former director of NBA basketball operations for the Los Angeles Lakers and a famous point guard.
- Teddy Bridgewater Net Worth 2024: Age, Income, Salary and Girlfriend
- Al Gore Net Worth 2024: Salary, Income, Party, Wife and Children
- Harlan Crow Net Worth 2024 (Forbes): Donations and assets
- Chris Columbus Net Worth 2024: Income, Salary, Career, Biography
- Khan Sir Net Worth 2024: Age, Fee, Real Name and Income
Magic Johnson Net Worth (2024)
| Net value: | 620 million USD |
| Name: | Magic Johnson |
| Job: | NBA player |
| Year old: | 65 years old |
| Born: | August 14, 1959 |
| Nation: | USA |
| Wage: | 40 million USD+ (Annual) |
| Latest updates | 2024 |
Magic Johnson’s net worth growth
| Net worth in 2024 | 620 million USD |
| Net worth in 2023 | 560 million USD |
| Net worth in 2022 | 520 million USD |
| Net worth in 2021 | 480 million USD |
| Net worth 2020 | 440 million USD |
| Net worth 2019 | 400 million USD |
Early life
Born in Lansing, Michigan on August 14, 1959, Magic Earvin was born one of seven children to Earvin Sr. and Christine. His father worked at General Motors as an assembly worker and his mother was a janitor.
You are watching: Magic Johnson Net Worth 2024: Income, Salary, Career, Biography
As a child, Johnson loved basketball and idolized players like Bill Russell and Earl Monroe. Johnson absorbed the game’s finer nuances from his father, who played high school basketball in Mississippi.
Johnson attended Everett High School, where he quickly became a member of the basketball team. He recorded a double-double of 36 points, 18 rebounds and 16 assists at age 15 and led his team to the state championship.
He was one of the best basketball players to come out of college and was also named to the McDonald’s All-American team in 1977. He chose Michigan State University over many universities such as UCLA and Indiana.
Magic guided his team to the NCAA championship in 1979, where they competed against Indiana State University. Magic and his team faced one of their best players, Larry Bird.
Their basketball tournament was the most watched college game ever on television, Michigan State defeated Indiana and Magic Johnson was awarded Most Outstanding Player in the finals. Magic Johnson was later selected to the All-American team for his performance that season. Magic Johnson then played 2 years in college before entering the NBA Draft.
Career
In 1979, the Los Angeles Lakers selected Johnson for the first time. Johnson had a great 1981–82 season, averaging 18.6 points, 9.6 rebounds, 9.5 assists, and a league-leading 2.7 steals per game.
See more : Matt Duffer Net Worth 2024: Income, Salary, Career, Biography
During the 1984–85 season, he recorded 18.3 points, 12.6 assists, and 6.2 rebounds per game, leading the Lakers to the NBA Finals. During the 1988–89 NBA season, he averaged 22.5 points, 12.8 assists, and 7.9 rebounds per game.
He continued his excellent play from a few years ago. He was diagnosed with HIV after an event in 1991 that completely changed his life. He chose to retire after making his diagnosis public.
Although he retired, he was still selected for the US basketball team to compete in the 1992 Summer Olympics. He returned to NBA ib 1995 as a coach for a short time. During the 1995–96 season, he re-emerged as a player and joined the Lakers.
In the win against the Atlanta Hawks, he recorded 15 points, 10 rebounds and 13 assists. In 32 games this season, he is averaging 14.6 points, 6.9 assists and 5.7 rebounds. After the season, he officially retired.
Johnson Magic Enterprises
Magic Johnson Enterprises, his corporate empire, is now worth more than $1 billion, giving him a personal net worth of $600 million. Magic Johnson Enterprises is the parent corporation of Magic Johnson Theaters, a film studio and a marketing agency.
Magic bought a 5% stake in The Lakers for $10 million in 1994, which he then marketed to billionaire Patrick Soon-Shiong in 2010 for $50-60 million. Johnson also sold his Starbucks network for $75 million in 2010.
Biography of Magic Johnson
| Real name | Earvin Johnson Jr. |
| Nickname | Magic |
| Year old | 65 years old |
| Height | In feet – 6 feet 9 inchesIn meters – 2.06 mIn Centimeters – 206 cm |
| Weight | In Kilograms – 99.8 KgIn Pounds – 220 lbs |
| Family | Father – Earvin Johnson Sr. Mother – Christine JohnsonSisters – N/ABbrothers – N/A |
| Girlfriend | do not apply |
| Wife | Cookie Johnson |
| children | EJ Johnson, Andre Johnson, Elisa Johnson |
“You are the only one who can make a difference.”
See more : Carol Jenkins Barnett Net Worth 2024: Income, Salary, Assets, Career
– Johnson Magic
Magic Johnson Social Media Profile
HIV prevention activities
Johnson founded the Magic Johnson Foundation to support the fight against HIV, but he eventually expanded the foundation to other charitable causes. He became a member of the National Committee on AIDS.
Personal life
In 1991, Johnson married Earlitha “Cookie” Kelly and the couple had a son, Earvin III, who is openly gay and stars on the reality show Rich Kids of Beverly Hills. They later adopted a daughter, Elisa in 1995.
Johnson is also the father of a child from a previous relationship. Melissa Mitchell had a son, Andre Johnson, in 1981. Andre was raised by his mother but spent every summer with Johnson.
Summary
As of 2024, Magic Johnson’s net worth is estimated to be around $620 million. Magic earned just over $18 million in salary and millions of dollars in sponsorships during his basketball career. Johnson’s annual income is about $40 million.
In addition to being a successful businessman, philanthropist, broadcaster and motivational speaker. Johnson has made a name for himself as a commercial titan and visionary philanthropist since his retirement.
More basketball players:
• Miles Bridges Net Worth • Andrew Wiggins Net Worth • Delonte West Net Worth • Charles Barkley Net Worth
Source: https://anhngunewlight.edu.vn
Category: Net Worth