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 |
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 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 |
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 |
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
| Nearly 3.6 million followers | Payment procedures | |
| Nearly 4.4 million followers | Payment procedures | |
| Nearly 5.2 million followers | Payment procedures | |
| You tube | Nearly 1.14 thousand subscribers | Payment procedures |
| Do not have | Click | |
| Do not have | Click |
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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