Magic Johnson Net Worth 2024: NBA Salary, Age, Wife and Cars

American businessman and former basketball player, Magic Johnson has an estimated net worth of $1.3 billion as of 2024. He is also an American businessman. I will definitely tell you where and how this money comes from, but first, let us introduce you to Magic Johnson. Did you know that he won a gold medal at the 1992 Olympics? In 1993, he was also part of the All-Star team and won the Most Valuable Player award.

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 owns 125 Starbucks? In addition to Starbucks, he owns a movie theater chain with 40 to 50 screens. We told you he was a member of a basketball team, so now listen to him say he was also a member of the Dodgers. He has been a long-time broadcaster for NBC TNT and ESPN.

He was once the coach of the Los Angeles Lakers. His ties to the Los Angeles Lakers were so strong that 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. Also, check out John Cena’s Net Worth.

Magic Johnson Net Worth

Former American professional basketball player “Magic Johnson” has a net worth of $1.3 billion. His earnings from basketball are only about $100 million. He earns the rest from his business. After retiring from basketball, he started a company called Magic Johnson Enterprise, which is valued at about $1.2 billion as of 2021.

Magic Johnson Net Worth

Name Johnson Magic
Net worth (2024) $1.3 billion
Job Former American professional basketball player and former president of the Los Angeles Lakers
Monthly income $4 million +
Annual income $50 million +
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
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Under this company, there are movie theaters, coffee chains, and movie studio marketing companies involved. So that’s it, stay tuned with us to know about the life of any other celebrity like Magic Johnson. Also, check out Beyonce’s Net Worth.

Magic Johnson Biography

Magic Johnson NBA Salary

Season Team Phone Wage
1979-80 Los Angeles Lakers National Basketball Association (NBA) $460,000
1980-81 Los Angeles Lakers National Basketball Association (NBA) $460,000
1981-82 Los Angeles Lakers National Basketball Association (NBA) $460,000
1982-83 Los Angeles Lakers National Basketball Association (NBA) $460,000
1983-84 Los Angeles Lakers National Basketball Association (NBA) $460,000
1984-85 Los Angeles Lakers National Basketball Association (NBA) $1,000,000
1985-86 Los Angeles Lakers National Basketball Association (NBA) $2,500,000
1986-87 Los Angeles Lakers National Basketball Association (NBA) $1,000,000
1987-88 Los Angeles Lakers National Basketball Association (NBA) $2,500,000
1988-89 Los Angeles Lakers National Basketball Association (NBA) $3,142,860
1989-90 Los Angeles Lakers National Basketball Association (NBA) $1,000,000
1990-91 Los Angeles Lakers National Basketball Association (NBA) $2,400,000
1991-92 Los Angeles Lakers National Basketball Association (NBA) $2,500,000
1992-93 Los Angeles Lakers National Basketball Association (NBA) $2,500,000
1993-94 Los Angeles Lakers National Basketball Association (NBA) $2,500,000
1994-95 Los Angeles Lakers National Basketball Association (NBA) $1,000,000
1995-96 Los Angeles Lakers National Basketball Association (NBA) $1,000,000
1996-97 Los Angeles Lakers National Basketball Association (NBA) $1,000,000
1997-98 Los Angeles Lakers National Basketball Association (NBA) $1,000,000
1998-99 Los Angeles Lakers National Basketball Association (NBA) $1,000,000
Season Team Phone Wage
1999-00 Los Angeles Lakers National Basketball Association (NBA) $1,000,000
2000-01 Los Angeles Lakers National Basketball Association (NBA) $1,000,000
2001-02 Los Angeles Lakers National Basketball Association (NBA) $1,000,000
2002-03 Los Angeles Lakers National Basketball Association (NBA) $1,000,000
2003-04 Los Angeles Lakers National Basketball Association (NBA) $1,000,000
2004-05 Los Angeles Lakers National Basketball Association (NBA) $1,000,000
2005-06 Los Angeles Lakers National Basketball Association (NBA) $1,000,000
2006-07 Los Angeles Lakers National Basketball Association (NBA) $1,000,000
2007-08 Los Angeles Lakers National Basketball Association (NBA) $1,000,000
2008-09 Los Angeles Lakers National Basketball Association (NBA) $1,000,000
2009-10 Los Angeles Lakers National Basketball Association (NBA) $1,000,000
Career (may be incomplete) $39,342,860
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Magic JohnsonNet Worth Growth

Year Net Asset Value (Million)
Magic Johnson Net Worth 2024 1300 million dollars
Magic Johnson Net Worth 2023 1250 million dollars
Magic Johnson Net Worth 2022 1200 million dollars
Magic Johnson Net Worth 2021 1150 million dollars
Magic Johnson Net Worth 2020 1100 million dollars
Magic Johnson Net Worth 2019 1050 million dollars

Magic Johnson Biography

Magic Johnson was born on August 14, 1959 in Michigan. He was part of a large family of nine brothers and one sister. Both his parents worked to support such a large family. He was good at basketball from a young age, so his name was Magic in high school.

After graduating from high school, he went to college on a basketball scholarship and was drafted into the NBA while still in college. Magic Johnson’s time playing for the Los Angeles Lakers is known as the Golden Age of the Los Angeles Lakers. Check out The Rock’s net worth.

Real name Earvin “Magic” Johnson Jr.
Nickname: Johnson Magic
Place of birth: Lansing, Michigan, United States
Date of birth: August 14, 1959
Year old: 65 years old
Height: In Centimeters – 206 cmIn 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 have
Nationality: American
Zodiac sign: Lion
Sex: male
Sexual orientation: Straight
Children’s Name: EJ Johnson, Elisa Johnson and Andre Johnson
Job: Former American professional basketball player
Net asset value: $1.3 billion
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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 with HIV could not live long, but it was Magic Johnson’s magic that even 30 years after being infected with HIV, he was still in the best condition. It was also believed that this disease only happened to homosexuals and drug addicts, Magic Johnson worked for 30 years to clear people’s misconceptions.

Magic Johnson’s social media accounts

Instagram Nearly 3.6 million followers Payment procedures
Facebook Nearly 4.4 million followers Payment procedures
Twitter Nearly 5.2 million followers Payment procedures
You tube Nearly 1.14 thousand subscribers Payment procedures
Linkedin Do not have Click
Pinterest Do not have Click

Magic Johnson Net Worth

Car collection

No serial. Car Value
first. Rolls Royce Phantom Drophead $550,000
2. Mercedes G63 AMG $156,500
3. Cadillac Escalade $110,000

Magic Johnson’s Relationships and More

Problems Don’t know
Girlfriend Don’t know
Best friend Don’t know
Couple Cookie Johnson (married 1991)
Divorce Do not have
Children EJ Johnson, Elisa Johnson and Andre Johnson
Dad Ervin Johnson senior
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 around $1.3 billion.

How much is Magic Johnson’s salary?

Magic Johnson earns an estimated salary of $45 million per year.

What is Magic Johnson’s monthly income?

Magic Johnson makes $4 million a month.

How old is Magic Johnson?

Magic Johnson is currently 64 years old (August 14, 1959).

How tall is Magic Johnson?

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 (married 1991).

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