American businessman and former basketball player, Magic Johnson Net Worth is estimated to be $1.3 Billion as of 2024. He is also an American businessman. Where and how this money came from, I will definitely tell you, but first, let us inform you about Magic Johnson. Do you know that he won the gold medal in the 1992 Olympic Games? In 1993, he also became a part 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 must be drinking coffee at Starbucks. Did you know that Magic Johnson has 125 Starbucks? Apart from Starbucks, he also owns a chain of movie theaters covering 40 to 50 theaters. We have already told you that he was once part of a basketball team, so now listen that he has also been a part of the team Dodgers. He has been a broadcaster for NBC TNT and ESPN for a long time.
There was a time when he used to coach the Los Angeles Lakers. Such is his relationship with the Los Angeles Lakers that there was a time when he was a 10% shareholder in the basketball organization from 1994 to 2010. Very few of you would know that he also has a prepaid MasterCard in his name. Also, check John Cena Net Worth.
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Magic Johnson Net Worth
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American former professional basketball player “Magic Johnson” has a net worth of $1.3 Billion. His earnings from basketball were only around $100 million. He earned the rest from his business. After retiring from basketball, he opened a company called Magic Johnson Enterprise, The valuation of this company is around $ 1.2 billion in 2021
Magic Johnson Net Worth
| Name | Magic Johnson |
| Net Worth (2024) | $1.3 Billion |
| Profession | American former professional basketball player and former president of the Los Angeles Lakers |
| Monthly Income | $4 Million + |
| Yearly Income | $50 Million + |
| Number | 32 (Los Angeles Lakers / Point guard), 33 (Michigan State Spartans men’s basketball / Point guard) |
| College | Michigan State (1977–1979) |
| NBA draft | 1979: 1st round, 1st overall pick |
| Last Updated | 2024 |
Under this company come movie theaters, coffee chains, and movie studios promotional marketing companies also come. So that was it, stay with us to know about the life of any other celebrity like Magic Johnson. Also, check Beyonce Net Worth.
Magic Johnson NBA Salary
| Season | Team | Lg | Salary |
| 1979-80 | Los Angeles Lakers | NBA | $460,000 |
| 1980-81 | Los Angeles Lakers | NBA | $460,000 |
| 1981-82 | Los Angeles Lakers | NBA | $460,000 |
| 1982-83 | Los Angeles Lakers | NBA | $460,000 |
| 1983-84 | Los Angeles Lakers | NBA | $460,000 |
| 1984-85 | Los Angeles Lakers | NBA | $1,000,000 |
| 1985-86 | Los Angeles Lakers | NBA | $2,500,000 |
| 1986-87 | Los Angeles Lakers | NBA | $1,000,000 |
| 1987-88 | Los Angeles Lakers | NBA | $2,500,000 |
| 1988-89 | Los Angeles Lakers | NBA | $3,142,860 |
| 1989-90 | Los Angeles Lakers | NBA | $1,000,000 |
| 1990-91 | Los Angeles Lakers | NBA | $2,400,000 |
| 1991-92 | Los Angeles Lakers | NBA | $2,500,000 |
| 1992-93 | Los Angeles Lakers | NBA | $2,500,000 |
| 1993-94 | Los Angeles Lakers | NBA | $2,500,000 |
| 1994-95 | Los Angeles Lakers | NBA | $1,000,000 |
| 1995-96 | Los Angeles Lakers | NBA | $1,000,000 |
| 1996-97 | Los Angeles Lakers | NBA | $1,000,000 |
| 1997-98 | Los Angeles Lakers | NBA | $1,000,000 |
| 1998-99 | Los Angeles Lakers | NBA | $1,000,000 |
| Season | Team | Lg | Salary |
| 1999-00 | Los Angeles Lakers | NBA | $1,000,000 |
| 2000-01 | Los Angeles Lakers | NBA | $1,000,000 |
| 2001-02 | Los Angeles Lakers | NBA | $1,000,000 |
| 2002-03 | Los Angeles Lakers | NBA | $1,000,000 |
| 2003-04 | Los Angeles Lakers | NBA | $1,000,000 |
| 2004-05 | Los Angeles Lakers | NBA | $1,000,000 |
| 2005-06 | Los Angeles Lakers | NBA | $1,000,000 |
| 2006-07 | Los Angeles Lakers | NBA | $1,000,000 |
| 2007-08 | Los Angeles Lakers | NBA | $1,000,000 |
| 2008-09 | Los Angeles Lakers | NBA | $1,000,000 |
| 2009-10 | Los Angeles Lakers | NBA | $1,000,000 |
| Career | (may be incomplete) | $39,342,860 |
Magic JohnsonNet Worth Growth
| Year | Net Worth (Million) |
|---|---|
| Magic Johnson Net Worth in 2024 | $1300 Million |
| Magic Johnson Net Worth in 2023 | $1250 Million |
| Magic Johnson Net Worth in 2022 | $1200 Million |
| Magic Johnson Net Worth in 2021 | $1150 Million |
| Magic Johnson Net Worth in 2020 | $1100 Million |
| Magic Johnson Net Worth in 2019 | $1050 Million |
Magic Johnson Biography
Magic Johnson was born on August 14, 1959, in Michigan. He was part of a large family consisting of nine brothers and one sister. Both his parents used to work to raise such a large family. He had played basketball well since childhood, so his name was Magic in his high school.
After high school, he started college with a basketball scholarship and was drafted into the NBA while he was still in college. The time when Magic Johnson played for the Los Angeles Lakers is called the Golden Age of the Los Angeles Lakers. Must Check The Rock Net Worth.
| Real Name | Earvin “Magic” Johnson Jr. |
| Nick Name: | Magic Johnson |
| Birth Place: | Lansing, Michigan, United States |
| Date Of Birth: | 14 August 1959 |
| Age: | 65 years old |
| Height: | In Centimetres – 206 cm In Feet and Inches – 6′ 9″ |
| Weight: | In Kilograms – 100 kg In Pounds – 220 lbs. |
| Eye Colour: | Black |
| Hair Colour: | Clean-Shaven |
| School: | Everett (Lansing, Michigan) |
| College: | Michigan State (1977–1979) |
| Religion: | N/A |
| Nationality: | American |
| Zodiac Sign: | Leo |
| Gender: | Male |
| Sexual Orientation: | Straight |
| Kids/Children Name: | EJ Johnson, Elisa Johnson, and Andre Johnson |
| Profession: | American former professional basketball player |
| Net Worth: | $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 till then it was believed that HIV-positive people cannot live long, but it is magic Johnson’s magic that even 30 years after being HIV positive, he is in the best condition. It was also believed that this disease occurs only in homosexuals and drug addicts people, Magic Johnson has been working for 30 years to clear the misconceptions of people.
Magic Johnson Social Media Accounts
| Almost 3.6M Followers | Check Out | |
| Almost 4.4M Followers | Check Out | |
| Almost 5.2M Followers | Check Out | |
| You tube | Almost 1.14K Subscribers | Check Out |
| N/A | Click | |
| N/A | Click |
Cars Collection
| Serial No. | Cars | Cost |
| 1. | Rolls Royce Phantom Drophead | $550,000 |
| 2. | Mercedes G63 AMG | $156,500 |
| 3. | Cadillac Escalade | $110,000 |
Magic Johnson Relationship & More
| Affairs | Not known |
| Girlfriend | Not known |
| Best Friend | Not known |
| Spouse | Cookie Johnson (m. 1991) |
| Divorce | N/A |
| Children | EJ Johnson, Elisa Johnson, and Andre Johnson |
| Father | Ervin Johnson Sr. |
| Mother | Christine Johnson |
| Siblings | Pearl, Quincy, Larry, Lois, Yvonne, Kim Evelyn, Mary, and Michael Johnson |
FAQs
What is the net worth of Magic Johnson?
Magic Johnson's total net worth is around $1.3 Billion.
What is the Salary of Magic Johnson?
Magic Johnson earns an estimated salary of $45 Million per Year.
What is the monthly income of Magic Johnson?
Magic Johnson earns $4 Million per month.
What is the age of Magic Johnson?
Currently, Magic Johnson is 64 years old (14 August 1959).
What is the Height of Magic Johnson?
The Height of Magic Johnson is 2.06 m. (6’ 9”).
What is the name of Magic Johnson’s wife?
Magic Johnson was married to Cookie Johnson (m. 1991).
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