American businessman and former basketball player, Magic Johnson Net Worth is estimated to be worth $1.3 billion by 2024. He is also an American businessman. I’ll be sure to let you know where and how this money comes from, but first, let us inform you about Magic Johnson. Did you know that he won a gold medal in the 1992 Olympic Games? In 1993, he also became a member of the All-Star team and won the title of Most Valuable Player.
He was inducted into the Basketball Hall of Fame in 2002. Some of you are probably drinking coffee at Starbucks. Did you know that Magic Johnson has 125 Starbucks stores? In addition to Starbucks, he also owns a chain of movie theaters with 40 to 50 theaters. We already told you that he was once a member of the basketball team, so now hear that he was also a member of the Dodgers team. He worked as a broadcaster for NBC TNT and ESPN for a long time.
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There was a time when he coached the Los Angeles Lakers. Such is his association with the Los Angeles Lakers that at one point he was a 10% shareholder of the basketball organization from 1994 to 2010. Few of you know that he also has a prepaid MasterCard in his name me. Also, check out John Cena Net Worth.
Magic Johnson’s net worth
Former American professional basketball player “Magic Johnson” has a net worth of $1.3 billion. His income from basketball is only about 100 million USD. He earns the rest from his business. After retiring from basketball, he opened a company called Magic Johnson Enterprise, valuing this company at about 1.2 billion USD in 2021
Magic Johnson’s net worth
| Name | Magic Johnson |
| Net worth (2024) | 1.3 billion USD |
| Job | Former American professional basketball player and former president of the Los Angeles Lakers |
| Monthly income | 4 million USD+ |
| Annual income | 50 million USD+ |
| Numbers | 32 (Los Angeles Lakers / Point Guard), 33 (Michigan State Spartans Men’s Basketball / Point Guard) |
| Colleges | Michigan State (1977–1979) |
| NBA draft | 1979: Round 1, first overall pick |
| Latest updates | 2024 |
Under this company come cinemas, coffee chains and film studios, advertising and marketing companies also come. That’s it, let us learn about the life of any other famous person like Magic Johnson. Also, check out Beyonce Net Worth.
Magic Johnson’s NBA salary
| Season | Team | LG | Wage |
| 1979-80 | Los Angeles Lakers | NBA | 460,000 USD |
| 1980-81 | Los Angeles Lakers | NBA | 460,000 USD |
| 1981-82 | Los Angeles Lakers | NBA | 460,000 USD |
| 1982-83 | Los Angeles Lakers | NBA | 460,000 USD |
| 1983-84 | Los Angeles Lakers | NBA | 460,000 USD |
| 1984-85 | Los Angeles Lakers | NBA | 1,000,000 USD |
| 1985-86 | Los Angeles Lakers | NBA | 2,500,000 USD |
| 1986-87 | Los Angeles Lakers | NBA | 1,000,000 USD |
| 1987-88 | Los Angeles Lakers | NBA | 2,500,000 USD |
| 1988-89 | Los Angeles Lakers | NBA | $3,142,860 |
| 1989-90 | Los Angeles Lakers | NBA | 1,000,000 USD |
| 1990-91 | Los Angeles Lakers | NBA | 2,400,000 USD |
| 1991-92 | Los Angeles Lakers | NBA | 2,500,000 USD |
| 1992-93 | Los Angeles Lakers | NBA | 2,500,000 USD |
| 1993-94 | Los Angeles Lakers | NBA | 2,500,000 USD |
| 1994-95 | Los Angeles Lakers | NBA | 1,000,000 USD |
| 1995-96 | Los Angeles Lakers | NBA | 1,000,000 USD |
| 1996-97 | Los Angeles Lakers | NBA | 1,000,000 USD |
| 1997-98 | Los Angeles Lakers | NBA | 1,000,000 USD |
| 1998-99 | Los Angeles Lakers | NBA | 1,000,000 USD |
| Season | Team | LG | Wage |
| 1999-00 | Los Angeles Lakers | NBA | 1,000,000 USD |
| 2000-01 | Los Angeles Lakers | NBA | 1,000,000 USD |
| 2001-02 | Los Angeles Lakers | NBA | 1,000,000 USD |
| 2002-03 | Los Angeles Lakers | NBA | 1,000,000 USD |
| 2003-04 | Los Angeles Lakers | NBA | 1,000,000 USD |
| 2004-05 | Los Angeles Lakers | NBA | 1,000,000 USD |
| 2005-06 | Los Angeles Lakers | NBA | 1,000,000 USD |
| 2006-07 | Los Angeles Lakers | NBA | 1,000,000 USD |
| 2007-08 | Los Angeles Lakers | NBA | 1,000,000 USD |
| 2008-09 | Los Angeles Lakers | NBA | 1,000,000 USD |
| 2009-10 | Los Angeles Lakers | NBA | 1,000,000 USD |
| Career | (may not be complete) | $39,342,860 |
Magic JohnsonNet worth growth
| Year | Net worth (Million) |
|---|---|
| Magic Johnson net worth in 2024 | 1300 million USD |
| Magic Johnson net worth in 2023 | 1250 million USD |
| Magic Johnson net worth in 2022 | 1200 million USD |
| Magic Johnson net worth in 2021 | 1150 million USD |
| Magic Johnson net worth in 2020 | 1100 million USD |
| Magic Johnson net worth 2019 | 1050 million USD |
Biography of Magic Johnson
Magic Johnson was born on August 14, 1959 in Michigan. He is a member of a large family consisting of nine brothers and one sister. His parents both worked to support such a large family. He was good at basketball since he was young so his name was Magic in high school.
After graduating from high school, he started college on a basketball scholarship and was drafted into the NBA while still in college. Magic Johnson’s time with the Los Angeles Lakers is known as the Golden Age of the Los Angeles Lakers. Must check The Rock’s net worth.
| Real name | Earvin “Magic” Johnson Jr. |
| Nickname: | Magic Johnson |
| Place of birth: | Lansing, Michigan, USA |
| Date of birth: | August 14, 1959 |
| Year old: | 65 years old |
| Height: | In centimeters – 206 cm In feet and inches – 6′ 9″ |
| Weight: | In Kilograms – 100 kgIn Pounds – 220 lbs. |
| Eye color: | Black |
| Hair color: | Shave clearly |
| School: | Everett (Lansing, Michigan) |
| Colleges: | Michigan State (1977–1979) |
| Religion: | do not apply |
| Nationality: | American |
| Zodiac sign: | Lion |
| Sex: | male |
| Sexual orientation: | Straight |
| Child/Children’s name: | EJ Johnson, Elisa Johnson and Andre Johnson |
| Job: | Former American professional basketball player |
| Net value: | 1.3 billion USD |
He retired from basketball in 1991. This year he told the world that he was HIV-positive. This news was very sad because until then people believed that people infected with HIV could not live long, but it was miraculous that Johnson was still in the best condition even 30 years after contracting HIV. It was also believed that this disease only occurred in homosexuals and drug addicts, Magic Johnson worked for 30 years to dispel people’s misconceptions.
Magic Johnson social media accounts
| Nearly 3.6 million followers | Payment procedures | |
| Nearly 4.4 million followers | Payment procedures | |
| Nearly 5.2 million followers | Payment procedures | |
| You tube | Nearly 1.14K subscribers | Payment procedures |
| do not apply | Click | |
| do not apply | Click |
Car collection
| No serial. | Car | Value |
| first. | Rolls Royce Phantom Drophead | 550,000 USD |
| 2. | Mercedes G63 AMG | $156,500 |
| 3. | Cadillac escalator | 110,000 USD |
Johnson’s magical relationship and more
| incident | Don’t know |
| Girlfriend | Don’t know |
| Best friend | Don’t know |
| Couple | Cookie Johnson (d. 1991) |
| Divorce | do not apply |
| Children | EJ Johnson, Elisa Johnson and Andre Johnson |
| Dad | Ervin Johnson Sr. |
| Mom | Christine Johnson |
| Siblings | Pearl, Quincy, Larry, Lois, Yvonne, Kim Evelyn, Mary and Michael Johnson |
Frequently asked questions
What is Magic Johnson’s net worth?
Magic Johnson’s total net worth is approximately $1.3 billion.
What is Magic Johnson’s salary?
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Magic Johnson earns an estimated salary of $45 million per year.
What is Magic Johnson’s monthly income?
Magic Johnson earns $4 million per month.
How old is Magic Johnson?
Currently, Magic Johnson is 64 years old (August 14, 1959).
What is Magic Johnson’s height?
Magic Johnson’s height is 2.06 m. (6′ 9″).
What is Magic Johnson’s wife’s name?
Magic Johnson is married to Cookie Johnson (d. 1991).
Encourage:
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Category: Net Worth