Magic Johnson - Famous Television Producer

Magic Johnson Net Worth

$620,000,000

Earvin ‘Magic’ Johnson Jr. is a retired American basketball player and entrepreneur who has a net worth of $620 million.

Magic Johnson’s net worth of $620 million has been accumulated through his successful career as a basketball player and his ventures as a business entrepreneur.

Key facts:

  • Magic Johnson was the first overall pick in the 1979 NBA Draft by the Los Angeles Lakers.
  • He won five NBA Championships with the Lakers in 198, 1982, 1985, 1987, and 1988.
  • Johnson is considered the greatest point guard of all time.
  • After retiring as a player, Johnson became the coach of the Lakers for a brief period.
  • He launched a successful business empire called Magic Johnson Enterprises valued at over $1 billion.

Basic Information About Magic Johnson

Full NameMagic Johnson
CategoryAthletes β€Ί NBA Players
ProfessionsTalk show host, Basketball player, Actor, Film Producer, Athlete, Entrepreneur, Television producer, Basketball Coach
Net worth$620,000,000
Date of birth1959-08-14 (64 years old)
Place of birthLansing
NationalityUnited States of America
EducationEverett High School
Curiosities and TrademarksTowering height
SiblingsNine
SpouseCookie Johnson - (14 SeptemberΒ 1991 - present)Β (2 children)
KidsThree (EJ Johnson, Elisa Johnson, and Andre Johnson)
GenderMale
Height6 ft 9 in (2.06 m)
Social Mediaβ†—οΈŽ Wikipedia β†—οΈŽ Instagram β†—οΈŽ Twitter β†—οΈŽ Facebook β†—οΈŽ Youtube β†—οΈŽ Imdb

What Movie Awards did Magic Johnson win?


Oscar

Golden Globe

Golder Raspberry

BAFTA

Other
0 0 0 0 0

Magic Johnson roles

Movie / Series Role
Malcolm XSelf - End Credits (uncredited)
She's Having a BabyMagic Johnson (uncredited)
EmpireEarvin 'Magic' Johnson 1 episode, 2018
The SimpsonsMagic Johnson 1 episode, 1991
Malcolm in the MiddleRinger Hockey Player #32 1 episode, 2002
Ellen: The Ellen DeGeneres ShowSelf 2 episodes, 2017-2020
WWE Monday Night RAWSelf 1 episode, 1995
The ParkersSelf 1 episode, 2002
The TalkSelf 1 episode, 2021
The Late Show with Stephen ColbertSelf - Guest 1 episode, 2021
The Tonight Show Starring Jimmy FallonSelf 3 episodes, 2016-2021
The Daily ShowSelf 1 episode, 2012
The Tonight Show with Jay LenoSelf / ... 21 episodes, 1994-2014
The Oprah Winfrey ShowSelf 2 episodes, 1992-1996
Arli$$Magic Johnson 1 episode, 1998
ConanSelf - Guest / ... 3 episodes, 2011-2018
The Maury Povich ShowSelf 1 episode, 1999
Late Night with Conan O'BrienSelf / ... 2 episodes, 2003
Late Night with Jimmy FallonSelf 1 episode, 2011

Magic Johnson's Quotes

  • As an athlete, I understood the value of my health insurance. I knew that in my profession, injuries were common and could happen at any time.
  • If you're a competitive person, that stays with you. You don't stop. You always look over your shoulder.
  • God blessed me with two unbelievable parents, and I am just like both of them. I have the smile and charisma of my mother and the big heart of my mom, because she wants to save the world and help the world, so I am just like her.
  • I'm at peace with myself. The main thing is not letting people dictate what I do or what I am.
  • The best doctors and medicine in the world can't save you if you don't do what you're supposed to do.

Magic Johnson's photos

Magic Johnson: A Legendary Basketball Player and Successful Entrepreneur

Magic Johnson, born Earvin ‘Magic’ Johnson Jr. on August 14th, 1959, in Lansing, Michigan, is a retired American basketball player and entrepreneur. Known for his extraordinary skills on the basketball court, Johnson has also made an indelible mark in the world of business. With a net worth of $620 million, he has achieved remarkable success both on and off the court.

Early Life and Education

Despite humble beginnings, Johnson’s passion for basketball ignited at an early age. Growing up in Lansing, Michigan, his father worked on a General Motors assembly line, and his mother was a school janitor. Inspired by his heroes, such as Earl Monroe, Magic joined the basketball team at Everett High School.

During his senior year, Magic led his team to the state championship, solidifying his nickname “Magic” when he scored a triple-double with 36 points, 18 rebounds, and 16 assists. Johnson’s exceptional talent drew attention from high-profile colleges, but he ultimately chose to stay close to home and attended Michigan State University.

At Michigan State, Magic led his team to the NCAA Finals, where they faced off against Larry Bird and Indiana State University. The game became the most-watched college basketball game in history and marked the beginning of an iconic rivalry.

NBA Career

In 1979, Magic was selected as the first overall pick in the NBA Draft by the Los Angeles Lakers, beginning a legendary career with the team. In his rookie season, he led the Lakers to an NBA Championship victory and was named the NBA Finals Most Valuable Player. This remarkable feat foreshadowed the greatness that lay ahead.

Over the course of his career, Magic won five NBA Championships with the Lakers and cemented his status as the greatest point guard of all time. He was a three-time NBA Finals MVP, a three-time NBA Most Valuable Player, and participated in the All-Star game twelve times. With a career average of 11.2 assists per game, Magic holds the highest assists per game average in NBA history.

Tragically, Magic’s career was cut short in 1991 when he announced that he had contracted the HIV virus. However, he made a brief comeback as both a coach and player before officially retiring from the sport.

Magic the Entrepreneur

Retirement did not mark the end of Magic’s success story. In fact, it was just the beginning of an illustrious entrepreneurial career. Magic Johnson Enterprises, his business empire, is valued at over $1 billion today, contributing significantly to his personal net worth of $600 million.

His ventures include Magic Johnson Theaters, a movie studio, and a promotional marketing company. Johnson also acquired a 5% share of the Los Angeles Lakers in 1994, which he later sold for a substantial profit. Furthermore, he sold his chain of Starbucks stores in 201 for $75 million and became part-owner of the Los Angeles Dodgers in 2012.

Magic’s investments expanded beyond sports as well. He acquired stakes in various teams, such as the Los Angeles Sparks WNBA team and the Major League Soccer expansion franchise, Los Angeles Football Club. Johnson also became an investor for aXiomatic eSports, emphasizing his ability to adapt to emerging industries.

In addition to his business pursuits, Magic Johnson has dedicated himself to HIV/AIDS prevention and safe sex advocacy. His public announcement of his HIV-positive status in 1991 broke down barriers and helped dispel misconceptions surrounding the disease.

Personal Life and Achievements

Outside of his professional endeavors, Magic has found fulfillment in his personal life. He married Earlitha ‘Cookie’ Kelly in 1991, and they have a son, Earvin III (EJ), who is openly gay and appeared on the reality TV show Rich Kids of Beverly Hills. The couple also adopted a daughter named Elisa in 1995.

Throughout his playing career, Magic earned over $18 million in salary and gained endorsements worth several million more. His success allowed him to acquire prestigious properties, including a home in the gated Beverly Hills community and a beach house in Dana Point, California.

Magic Johnson’s journey from a basketball prodigy to an accomplished entrepreneur serves as a testament to his immense talent and business acumen. With his net worth, admirable achievements, and ongoing philanthropic work, he continues to make an inspiring impact in the world.

References:

  • “Magic John

Interesting Facts about Magic Johnson

  1. Professional basketball player.
  2. On 7 November 1991 he shocked the nation by announcing he was HIV positive and that, after twelve years with the Lakers, he would retire immediately from the game of basketball.
  3. Founded a chain of movie theatres, Magic Johnson Theatres, located in inner-city neighborhoods.
  4. Still plays basketball regularly.
  5. Has retired from basketball on three different occasions. the last time following the 1995-1996 season, which was the season before the L.A. Lakers got Shaquille O'Neal and Kobe Bryant.
  6. Played for Michigan State University (Lansing, MI), 1977-1979. NCAA Division I Tournament Most Outstanding Player (1979). The Sporting News All-America First Team (1979). All-America twice (1978-1979). All-Big Ten twice (1978-1979). Inducted into Michigan State University Athletics Hall of Fame (1992).
  7. Played for the Los Angeles Lakers (1979-1980 through 1990-1991, 1995-1996). Los Angeles Lakers franchise all-time assists leader with 10,141 and all-time steals leader with 1,724. Named NBA MVP three times (1987, 1989, 1990). IBM Award for all-around contributions to team's success (1994). All-NBA First Team nine times (1983, 1984, 1985, 1986, 1988, 1989, 1990, 1991) and Second Team once (1982). NBA All-Rookie Team (1982). J. Walter Kennedy Citizenship Award (1992). Selected first overall in 1979 NBA Draft. Led NBA with 3.43 steals per game (1981) and 2.67 steals per game (1982). Holds career record for highest assists per game average with 11.2. Shares career record for most consecutive seasons leading league in steals with 2. NBA Finals MVP three times (1980, 1982, 1987). Holds career playoff record for most assists (2,346). Holds NBA Finals single-series record for highest assist per game average with 14.0 in 1985; and highest assists per game average by a rookie with 8.7 in 1980.
  8. Holds NBA Finals single-game records for most points by a rookie with 42 on May 6, 1980 vs. Philadelphia; and most assists in one half with 14 on June 19, 1988 vs. Detroit. Shares NBA Finals single-game record for most assists in one quarter with 8 (he did in four times). Holds single-series playoff record for highest assists per game average with 17.0 in 1985. Shares single-game playoff records for most free throws made in one half with 19 on May 8, 1991 vs. Golden State; most assists with 24 on May 15, 1984 vs. Phoenix; and most assists in one half with 15 on May 3, 1985 vs. Portland. NBA All-Star twelve times (1980, 1982-1992). NBA All-Star MVP twice (1990, 1992). NBA All-Star-Holds career record for most assists with 127; holds career record for most three-point field goals made with 10; and hold single game record for most assists with 22 (1984, OT).Broadcaster, NBC Sports (1992 through 1994). Vice President, Los Angeles Lakers (1994-1995 to present). Named one of the 50 Greatest Players in NBA history (1996).
  9. Head coach for the Los Angeles Lakers (1993-1994) (5-13).
  10. Member of U.S. Olympic gold medal team (1992).
  11. Johnson carried his friendly rivalry with Larry Bird from college to the pros.
  12. Enshrined into the Naismith Memorial Basketball Hall of Fame in 2002.
  13. Nicknamed "Magic" by sportswriter Fred Stabley, Jr., during his career at Everett High School (Lansing, Michigan).
  14. Children: son E.J. Johnson (Earvin Johnson III) (b. 4 June 1992), daughter Elisa Johnson, adopted in January 1995, by wife Cookie Johnson. He also has a son, Andre Johnson.
  15. Attended Everett High School in Lansing, MI.
  16. As of 2007, his net worth has been estimated at $900 million.
  17. Won the national championship with the Michigan State Spartans in 1979.
  18. Earvin "Magic" Johnson is the only NBA rookie to date to receive the Finals MVP Award. He was 20 years old and the year was 1980.
  19. (May 3, 2012) Became co-owner, with Peter Guber, Mark Walter and Stan Kasten, of MLB's L.A. Dodgers with a bid of $2.15 billion.
  20. Got married on Nas's 18th birthday.

Additional information of Magic Johnson

ZodiacLeo
Lucky Number10
Lucky StoneRuby
Lucky ColorGold
Best Match for MarriageSagittarius, Gemini, Aries
Eye ColorBlack
Hair ColorBlack
ReligionChristian

Magic Johnson Famous Network

Male NBA ♂️ With Net Worth Closest To $620,000,000

Female NBA ♀️ With Net Worth Closest To $620,000,000

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

Table of contents